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Sodium Phosphate Market Trends, Key Analysis Historical Market Size with Key Growth & Analysis-2032

Sodium phosphate is a term mainly used for a range of salts of sodium and phosphate. Sodium phosphate has various applications, primarily in food & beverages and water treatment. Sodium phosphates are frequently used as thickening agents, emulsifiers, and leaving agents for baked goods. Further, sodium phosphate is used to regulate the pH of processed foods.

The compound is used in medicines such as for constipation and to make the bowel for medical processes. The various types within the sodium phosphates occur naturally as white crystalline solids. Sodium phosphate is majorly used in hair conditioners, shampoos, oral hygiene products, hair dyes, fragrances, bath products, various types of makeup, and other skincare products owing to their unique cleansing properties.

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Global Sodium Phosphate Market: Drivers and Restraints

Food grade sodium phosphates are used as the food additive due to the rising demand for the food & beverages. The food grade sodium phosphates are used as food additives they have the properties such as buffering capacity sequestration and water retention capability. Another factor, driving the sodium phosphate market is the increase in demand from the developing countries owing to the changing customer preference and the increasing spending capacity of individual consumers in these regions.

Increasing crop production has further enhanced the sales for sodium phosphate market. Other factors such as the increase in meat consumption owing to increasing demand for animal feed, rising demand for water treatment chemicals are few other factors driving the sales for sodium phosphate market.

However, the greatest challenge in the global sodium phosphate market is the diminishing supply of phosphate. Another major challenge in the market is the stringent regulations related to the usage of sodium phosphate in detergents.

Global Sodium Phosphate Market: Regional Outlook

The global sodium phosphate market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia-Pacific excluding Japan (APEJ), and Japan.

The Asia-Pacific region phosphate market is expected to witness the highest CAGR during the forecast period. The growing population in the region along with the increasing demand for food amongst the consumers is one of the primary driver driving the sodium phosphate market in the region.

India and China are the key countries where the market is expected to enhance owing to the vast population and the demand for processed food.

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Global Sodium Phosphate Market: Prominent vendors

Few of the prominent players in the global sodium phosphate market are The Mosaic Company, S.A. OCP, Potash Corporation of Saskatchewan Inc., PJSC PhosAgro AG, Agrium Inc., EuroChem, Saudi Arabian Mining Company, Innophos Holdings, Inc., Israel Chemicals Ltd, and among others. Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market.

To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products. Most of the major Sodium Phosphate manufacturers concentrate on capitalizing their funds to maintain applications and technical marketing groups are appointed to serve the ever-changing needs of clients.

Global Sodium Phosphate Market: Segmentation

The global sodium phosphate market is segmented by product type into:

Monobasic sodium phosphate
Disodium phosphate
Trisodium phosphate

The global sodium phosphate market is segmented by application into:

Food & Beverages
Fertilizers
Detergents
Metal Finishing
Water Treatment Chemicals
Personal Care

The global sodium phosphate market is segmented by a source into:

Sedimentary Marine Deposits
Igneous & Weathered Rock
Biogenic

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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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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Wine Market Product Portfolio, Demand &Consumption with Type Wise Analysis on Price Range-2032

The global wine market is set to witness growth at a CAGR of 5.5% over the forecast period (2022-2032) and top a valuation of US$ 632 Bn by 2032.

Surging number of retail stores has improved accessibility of wine, allowing consumers to shape and design their home bars. Besides this, clubs have been gaining traction owing to the latest trend of personalization.

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Along with this, the increasing spending capacity of the growing population for the premium wine brands is expected to fuel the demand for wine in the next few years.

Alcoholic beverages are made from fermenting malt, wheat, molasses fruits, botanicals. Fermentation and distillation is done on the basis of type of drink to be made. Beer and wines are not distilled while spirits are manufactured by distillation of fermented base. There are different procedures of distillations to obtain different type of drinks. These include steeping method, percolation method, and others.

Furthermore, a gradual increase in the party culture has been notice over the past few years which has contributed significantly to the market growth. Alongside this, peer pressure among students and adults and the influence of social media are convincing the consumers to experiment new drinks with different flavours.

A consistent growth is being observed since the past few years, especially for low ABV (alcohol by volume) drinks. Owing to this, the sales of low-alcohol or non-alcoholic wines is expected to escalate in the near future. This can be attributed to the rising interest of health-conscious consumers in drinks with low alcohol content and a wider choice of new flavored wines with improved taste. Due to the above factors, the demand for wine is predicted to surge over the forecast period (2022-2032).

Key Takeaways from Market Study

Europe is expected to dominate the global market, accounting a share of about 32% by 2022, followed by North America

The U.S. is expected to account for the dominant share of nearly 80% of the North America wine market

Rising party culture among millennials in different regions across the globe is predicted to result in surging demand for wine and other alcoholic beverages during the assessment period (2022-2032)

By product type, still wine is expected to account for the maximum share of the global market by 2022 end

Sales via online channels are expected to show an impressive growth as compared to all the other channels over the assessment period (2022-2032)

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“The demand for wine is increasing globally because of the growing consumption by the millennial population and the trending party culture which is expected to fuel the demand for wine,” says a Future Market Insights analyst.

Competitive Landscape

Various market players are adopting different marketing and promotional strategies such as partnerships, collaboration, merger and acquisitions, new product launches and geographical expansion. This is to cater the needs of the consumers and serve accordingly, thus, creating a larger customer base in the next few years.

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Future Market Insights, in its new report, offers an impartial analysis of the global wine market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (sparkling wine, still wine, fortified wine, and vermouth), flavor (red wine, white wine and rose wine), pricing (mass and premium), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.

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The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Whiskey Market Growth, Coverage & Taxonomy, Supply-side Trends & Forecast 2022 to 2032

Whiskey is becoming popular around the world, driving the bulk of volume consumption growth from through 2022. As per Future Market Insights (FMI), the blended malt Scotch whiskey is leading the market in terms of product type, with consumption increasing at a whopping pace. The rise in creative, innovative cocktails and the growing “cocktail culture” in the U.S. have helped in surging sales of whiskey.

Whiskey is currently produced in at least 25 countries. Many countries that were not even on a Whiskey lover’s radar ten years ago are now big Whiskey producers. Germany, for example, is a major producer of Whiskey and even has its own whiskey trail with distilleries.

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This international rise shows no signs of slowing down, and the Whiskey selections offered at a Whiskey bar demonstrate the explosion of Whiskey-producing countries in only the last five years. There appears to be an ever-increasing number of new brands launching around the world.

“The availability of various brands of whiskey under one roof in supermarkets and hypermarkets gives customers more options. This is helping the the global whiskey market grow at an impressive pace. Over the projected term, the customer-centric strategy and improved shopping experience given by hypermarkets and supermarkets by allocating particular whiskey product areas will continue to draw consumer attention and drive market,” said a lead analyst at FMI.

Whiskey Market Key Takeaways

Global whiskey market to surpass US$ 80.9 Bn in 2022.
Demand in the U.S. to grow as number of clubs and restaurants increases, spurring sales in North America.
Non-alcoholic beverages sales to grow as focus on wellness increases among millennials.
Sales of flavored whiskey to pick up pace globally.

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Untapped market- Giving better growth opportunity

Companies are focusing on reaching a wider consumer base in various untapped markets in order to grow sales. As per the study, several companies will aim at strengthening presence in the Middle East.

There are various regions where premium alcohol is exported from other countries. This leads to high cost of premium products, hence affecting the sales in these regions. Companies are focusing on expansions to manufacture their premium products in the region itself, leading to comparatively lower costs.

Low penetration in few regions, coupled with high costs of premium exported products, is creating opportunity for manufacturers to expand in such regions.

Who is winning?

The right product labeling goes a long way in cementing brand trust in the minds of consumers and the global clean label movement is one-way F&B manufacturers can build this trust. Worldwide F&B regulations mandate clean label packaging with clear information on the ingredients, sourcing, and processing methods to create more transparency across the food chain.

Clean labeling is also about the resultant environmental impact of food production and consumers are showing keen interest in analyzing if the food they consume has been sourced and produced in an eco-friendly manner.

Some of the leading companies offering whiskey are

Diageo
Chivas Brothers
William Grant & Sons
Bacardi
La Martiniquaise
The Edrington Group
Belvedere
Beam Suntory
Whyte & Mackay
Inver House, LVMH
Loch Lomond, and Others

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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Crude Sulfate Turpentine Market In-depth Taxonomy, Study on Growing Demand & Consumption-2031

Crude sulfate turpentine market players are shifting their focus towards emerging economies that are fast becoming opportunity hotbeds for various factors. Crude sulfate turpentine companies are implementing robust go-to-market strategies such as collaborations, partnerships, mergers, and divestitures in addition to focusing on organic growth. FMI projects global crude sulfate turpentine products volume to rise at 4.8% CAGR through 2031.

What is 2021-2031 Growth Forecast in Comparison to 2016-2020 Crude Sulfate Turpentine Market Outlook?

Key players in global crude sulfate turpentine market are focusing on strategic collaborations with local distributors to reach large consumer base in emerging countries. Increasing demand for cosmetics and personal care products is creating opportunities for new players in Asia Pacific for crude sulfate turpentine market.

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Revenue from the sales of personal care products and natural ingredients has been forecast to increase substantially in countries like China, India, Japan and Southeast Asia over the period. Driven by this, Future Market Insights projects the crude sulfate turpentine market to remain steady, exhibiting growth at 5.4% CAGR between 2021 and 2031 in comparison to the CAGR of 4.1% posted between 2016 and 2020.

Among product types, alpha-pinene, being the primary chemical constituent of cypress, rosemary, juniper berry, frankincense and helichrysum essential oils, is being widely used in the cosmetics industry. It also offers a range of benefits for skin and oral health and support immune and respiratory system functions. It can

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Why is Crude Sulfate Turpentine Gaining Traction as a Solvent or Cleaning Agent for Paints and Varnishes?

Crude sulfate turpentines are most widely used as paint thinner in both household and artistic coatings. Turpentine was used before to dilute printer’s ink. Now with growing demand from industries, it has become a solvent or diluent for various products, like natural or modified binders, resins, oils, paints and polishes.

In other oil-based paint and coating formulations, peroxidation of terpenes derived from turpentine accelerates drying of oils and other film formers. All these factors are making crude sulfate turpentine a key ingredient in paints and varnishes.

How is Demand in Pharmaceutical Industry Driving Crude Sulfate Turpentine Sales?

Being a powerful bronchodilator, alpha-pinene type of crude sulfate turpentine is found in essential oils industry distinctly. It is highly bioavailable, shows effectiveness in human pulmonary uptake, and can be metabolized quickly. It also acts as a supplement in many dementia drugs by inhibiting cholinesterase and enhancing cholinergic activity, when used only in small concentrations.

Drugs that have alpha-pinene constituent are sometimes administered to protect pancreas and lungs against infection. Alpha-pinene can reduce the production of TNF-alpha, which is the pancreatic tumour necrosis factor. Also, it can inhibit some cell deaths hence it may be used for treatment in pancreatic cancer. These factors are boosting the use of crude sulfate turpentine in pharmaceutical industry.

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Country-wise Insights

Did FDA Approval of Turpentine in Different Industries Help in Driving Crude Sulfate Turpentine Sales in the U.S.?

According to FMI, the U.S. is a dominant market for crude sulfate turpentine and it is also expected to exhibit high growth over the forecast period. According to the latest study, sales in the U.S. is estimated to account for more than 94.2% of the North America market in 2021.

As FDA approved turpentine spirits and listed it as an active ingredient in various drug products formulations, it unfolded scope for increasing application of crude sulfate turpentine products in pharmaceutical industry. It is being used for nasal drug products, cold and fever treatments, expectorant drug products, oral menstrual drug products, drug products related to insect bites and more.

Crude sulfate turpentine also has emerged as an ingredient used in food applications. It has been listed as a natural flavoring substance by FDA and its use also is allowed in adhesives for food packaging.

Terpene resins and hydrocarbons can be used in polypropylene or polyolefin films for use in food packaging industry. Surging applications across diverse industries will continue pushing sales in the U.S.

Category-wise Insights

Which Product Type of Crude Sulfate Turpentine is in High Demand?

Alpha-pinene and beta-pinene are employed as anti-inflammatory agent and flavoring agents. They are expected to account for 52.6% and 18.8% of the overall market respectively in 2021. Use of alpha-pinene is rising in skin care products, while beta-pinene is being explored for a wide range of medical and health benefits.

Alpha-Pinene and beta-pinene also are used in the flavor industry. Their application to synthesis terpineol, linalool, and other sandalwood fragrances is rising as well. They are used for flavoring of daily chemicals as well.

Brands often use alpha-pinene and beta-pinene as a flavoring agent commercially and in oil diffusers. Not only the flavor profile of alpha-pinene is sharp with hints of cedarwood and pine, but it displays unique therapeutic effects also which contributes entourage effects of cannabis-based medicinal extracts.

Manufacturers are not limited to only natural medicines when it comes to crude sulfate turpentine application. Being flexible in synthesis of polymers; they are often used for producing better quality polymers. Pinenes safety profile is also considered outstanding, thus allowing their usage in several chemicals, considered as Generally Recognized As Safe (GRAS).

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Competitive Landscape

Ongoing trend of using ingredients derived from renewable sources in various applications and rising cognizance among consumers about the use of crude sulfate turpentine in pharmaceuticals are pushing the demand in global market. Consumers are becoming more aware about the product, which is encouraging the manufacturers to focus more on the market.

For instance-

Kraton Corporation has gained momentum in the market despite of COVID-19 induced challenges and has became one of the prominent manufacturers and suppliers of crude Sulfate turpentine with a significant share. They now serve more than 800 customers in over 70 countries worldwide across a diverse range of end markets.
In 2017, Ingevity Corporation announced it for an agreement with Georgia-Pacific worth US$ 315 Mn while acquiring Georgia-Pacific’s pine chemicals business. The acquisition is subject to certain regulatory approvals and other customary closing conditions.

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By Product Type:

Beta-Pinene
Camphene
Limonene
3-Carene
Terpinolene

By Source:

Powder
Oil

By Processing Method:

Steam-Distilled
Destructively-Distilled
Sulfate-Distilled
Sulphite-Distilled

By Application:

Printing Industry
- Paints
- Printer’s Ink
Veterinary Medicine
- Stimulant Diuretic
- Anthelmintic
- Carminative
- Expectorant
Cosmetics and Personal Care
- Fragrances
- Cosmetics Products
- Massage oils and Aromatherapy
Tires Industry
Plastic industry
Rubber Industry
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

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Paraffin Wax Market to receive overwhelming hike USD 15.98 billion in Revenues by 2032

As per Future Market Insights’ latest industry analysis, the paraffin wax market is expected to see a substantial CAGR of 5.7%, and is projected to increase from US$ 9.2 billion in 2021 to US$ 15.98 billion by 2032.

Due to their greater water resistance compared to packaging materials, paraffin wax market share is also anticipated to increase significantly during the projection period. In an effort to promote the expansion of the paraffin wax market, makers of paraffin wax are constantly expanding their base oil facilities.

The paraffin wax market share is also supported by rising shale oil production and exploration in the United States, Russia, China, and Brazil. As people become more aware of the importance of the environment, the market for paraffin wax is expected to grow, along with the demand for aromatherapy.

Top international corporations use paraffin wax as a thermal insulator and for aesthetic purposes in packaging.

It is projected that the increased use of environmentally acceptable substitutes including polyethylene wax, soy wax, and beeswax provide difficulties for the paraffin wax market expansion. In addition, hazardous vapors are produced when burning paraffin wax. Asthma or lung cancer could result from it.

Since paraffin wax is used to coat pills, the pharmaceutical industry has a significant demand for it. The market share of paraffin wax is growing due to its numerous applications in household cleaning products and for insulating electrical nodes and appliances.

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Key Takeaways from Market Study:

The paraffin wax market is expected to have a CAGR of 5.7% during the forecast period.
The paraffin wax market is having a market valuation of US$ 9.6 billion in 2022.
The paraffin wax market had a market valuation of US$ 9.1 billion in 2021.
The market is segmented based on product type, wherein the semi-refined accounted for an adequate global paraffin wax market share by 2032.
The market is segmented based on application, wherein the candles segment accounted for a significant paraffin wax market share by 2032.
The Asia-Pacific paraffin wax market is anticipated to lead at the fastest rate during the forecast period.
The North America paraffin wax market is expected to grow significantly, with a prodigious market share during the forecast period.

Competitive Landscape:

The paraffin wax market offers several opportunities for small enterprises and startups to create low-cost manufacturing and processing processes. As there are so many important players in the sector, the expansion of the global paraffin wax market is highly fragmented and diverse in its structure. The paraffin wax industry relies heavily on mergers and acquisitions.

Some of the major key players in the paraffin wax market are Sinopec, ExxonMobil, PetroChina Company Limited, Sasol, International Group, Inc., IOCL, Honeywell, Petrobras, Nippon Seiro Co., Ltd, Petro-Canada, Repsol, H&R Group, and CEPSA.

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Key segments

By Product Type:

Fully Refined
Semi Refined
Others

By Application:

Candles
Packaging
Cosmetics
Hotmelts
Board Sizing
Rubber

By Region:

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Type Innovation / Development Trends

4. Key Success Factors

to be continued…!

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Dolomite Market totalling around US$ 5.28 Billion by 2032

With the growing demand from construction, agrochemicals, mining & metallurgy, pharma & healthcare, and glass & ceramics sectors, overall demand for Dolomite is projected to grow at a CAGR of 4.4% between 2022 and 2032, totalling around US$ 5.28 Billion by 2032. The global Dolomite market is expected to be valued at US$ 3.41 Billion in 2022.

Data Points	Key Statistics
Base Year Value (2021A)	US$ 3,280 Million
Estimated Year Value (2022E)	US$ 3,417 Million
Projected Year Value (2032F)	US$ 5,280 Million
Value CAGR (2022-2032)	4.4%
Collective Value Share: Top 3 Countries (2022A)	52.7%

Dolomite is used in the manufacturing of high-mechanical-strength concrete that can withstand heavy loads. Investment in infrastructure, especially in developing nations is boosting the demand for dolomite in civil construction. This is resulting in increased sales of dolomite, and the trend is expected to continue over the forecast period.

Significant growth in the construction and infrastructure sector across the world in the past few years has boosted the consumption of cement, resulting in high demand for dolomites for production. As dolomite utilization helps in reducing carbon emission and waste generation, key players are preferring dolomite to produce cement. This reduces the overall production cost and helps companies in achieving their sustainability goals.

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Key Takeaways from the Market Study

From 2017 to 2021, the market demand expanded at a CAGR of 4.4%
By Material type, Calcined Dolomite to accumulate a market share of 55% in 2022
By End-use, the cement and agrochemicals segment dominate the market with a share of 65%
U.S to emerge as a promising market, capturing nearly 2/5^th of global market revenue in 2022
China to be an opportunistic market, expected to capture nearly 32% revenue
Germany to be a significant contributor to the Dolomite market revenue landscape, accounting for over 25% of sales

The growing use of aluminium across end-use sectors like automobile, packaging, and manufacturing, among others is positively influencing the growth of Dolomite in the global market, remarks an FMI analyst.

Competitive Landscape

Players in the global Dolomite Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In June 2022, a new and innovative two-stage crushing system was installed at the RHI-Magnesita’s main United States industrial site in York, Pennsylvania, which mines dolomite for the production of refractory materials.
In April 2022, Backtrace Holdings Ltd – a world leader in Productizing Science® – is excited to announce the launch of Particle Works, a spin-out of Dolomite Microfluidics. The official launch of this new brand took place at the LNP Formulation and Process Development Summit in Boston, MA, from the 12th to the 14th of April 2022.
In May 2022, Omya, based in Switzerland, acquired the distributor Prima Inter-Chem in Malaysia and Indonesia. With this move, Omya boosts and develops its ingredient and specialty chemicals distribution in these countries for the food, pharmaceutical, animal feed, and industrial markets.

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Key Segments Covered in the Dolomite Industry Analysis

Dolomite Market by Material Type:

Calcined Dolomite
Agglomerated Dolomite
Sintered Dolomite

Dolomite Market by End User:

Cement
Agrochemicals
Mining & Metallurgy
Pharma & Healthcare
Glass & Ceramics
Water & Sludge Treatment
Animal Feed

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

to be continued…!

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Calcium Acetate Market Set for Modest Growth through 2029, Receives Impetus from Pharmaceutical Industry

Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture and petroleum. International calcium acetate market is poised for modest boom at approximately 3% CAGR through the length of projection length (2022-2029). Moreover, manufacturers are targeted on assignment growth-orientated techniques for long-time period competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to power global Calcium Acetate market

Position of calcium acetate in treating hypophosphatemia has emerged as a important pharmaceutical application. Patients tormented by kidney diseases are given oral prescriptions of calcium acetate at the same time as they are on dialysis. Calcium acetate significantly reduces the threat of stroke or coronary heart ailment with the aid of removing hazardous construct-up of phosphate in the human frame.

Key Takeaways of Calcium Acetate Market Study

Role of calcium acetate in food preservation is projected to facilitate the overall market growth through the forecast period.
Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
Accelerating R&D activities for diversifying end-use applications is contributing to calcium acetate market growth.
Gains in calcium acetate market will be concentrated in Asia Pacific and North America.
Availability of alternatives would hinder the growth of calcium acetate market in the foreseeable future.
Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture majority share through the forecast period. Higher income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying the applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include, but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts towards broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand foothold in emerging countries, they must opt for capacity expansion strategy.

More about the Report

FMI’s study offers an in-depth market forecast and analysis on the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America and North America).

Calcium Acetate Industry Leaders to Focus their Efforts on Capacity Expansion through 2029

Key players in the consolidated calcium acetate market include, Alemark, Merck Millipore, GFS Chemicals, Richman Chemical, Allan Chemical Corp., Avantor Performance Materials, AVA Chemical PVT. LTD., and Hawaii Chemicals & Scientific. Leading players are leveraging economies of scale for sustained competitive advantage.

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Calcium Acetate Market: Segmentation

The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Function

Texturizer
Stabilizer
Thickener
Firming Agent

Application

Pharmaceuticals
Agriculture
Food and Beverages
Pet Food

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Function Innovation / Development Trends

4. Key Success Factors

To be continued…!

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Anti-seize Compounds Market Value to reach US$ 236.4 Million During 2022 to 2029 – FMI

According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Mn by 2029.

Anti-seize Compounds Value (2021A)	US$ 171.9 Mn
Anti-seize Compounds Value (2022E)	US$ 179.0 Mn
Anti-seize Compounds Value (2029F)	US$ 236.4 Mn
Value CAGR (2022-2029)	4.1%
Collective Value Share: Top 3 Countries (2021A)	45.9%

Substantial growth in the anti-seize compounds market is mainly backed by the growth of the automotive & transportation industry, which holds a prominent share in the consumption of anti-seize compounds, closely followed by the petrochemical sector. Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds.

“In most end-use industries, galling or seizing can increase maintenance time, resulting in longer shutdowns or closure. Increasing use of anti-seize compounds has enabled end users to reduce maintenance cost as well as time, and has simultaneously offered an efficient solution for improving gasket performance.”

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Key Takeaways of Anti-seize Compounds Market Study

Anti-seize compounds serve almost all major end users, including automotive & transportation, petrochemicals, mining, and others. The industrial sector in Asia Pacific is growing substantially, thereby increasing the demand for anti-seize compounds in the region.
Copper grade anti-seize compounds find use in almost all end-use industries; hence, the segment is the most prominent amongst other grades. The nickel grade anti-seize compounds segment is anticipated to grow at a substantial rate, as these are increasingly being preferred in industries such as petrochemicals, oil exploration, and other industries where chemicals are involved, on account of nickel’s inert nature.
East Asia is a prominent market for anti-seize compounds, and is expected to continue its dominance, owing to its strong industrial growth and high adoption of the product in the region.
Increasing awareness about the need for protection of the environment and prevention of soil contamination has restricted the use of metallic anti-seize compounds on a global scale. Moreover, users are preferring nonmetallic anti-seize compounds over metallic ones, owing to their high cost.

Market Landscape is Fairly Fragmented

The global anti-seize lubricants market is fairly fragmented, owing to a number of players holding small shares in the market. Top ten established players account for more than one-third of the total supply. Manufacturers are focusing on strengthening their partnerships with end users and original equipment manufacturers (OEMs). Established players provide services to end users, which is an added advantage and will help them build relations for long-term supply. Key players such as Anti-Seize Technology, Henkel AG & Company, KGaA, Permatex, Inc., DuPont, Bostik, SAF-T-LOK International Corporation, FUCHS, Calumet Specialty Products Partners, 3M Company, CSW Industrials, Inc., and others are also focusing on marking their direct presence in local markets.

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ANTI-SEIZE COMPOUNDS MARKET TAXONOMY

Grade

Silver Grade
Nickel Grade
Food Grade
Marine Grade
Copper Grade
Regular Grade
Nuclear Grade
Non-metallic Grade
Zinc/Aluminum Grade
Special Purpose Anti-seize Grade

Sales Channel

Offline
Online

Container Type

Cans
Cartridges
Drums
Other Containers

End Use

Automotive & Transportation
Construction Equipment
Aircraft
Mining Equipment
Food Processing Equipment
Marine
Power Generation
Oil Exploration Equipment
Steel Foundry
Petrochemicals
Textile Equipment
Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Anti-Seize Compounds Market Demand Analysis 2014–2021 and Forecast, 2022–2029

To be continued…!

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Ceiling Tiles Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2021-2031

High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study. The global ceiling tiles market will witness stellar growth at 10% CAGR over the forecast period (2021-2031). Sales of ceiling tiles are projected to inflate at an unprecedented rate on the back of soaring demand from building & construction industry.

A major trend gripping the ceiling tiles landscape is the drive towards attaining sustainability in construction. The advent of green buildings is a notable development in this regard, with key players emphasizing on attributes including sustainably sourced raw material as well as using recycled substances to manufacture their products. For instance, Celiume Tiles use 75% less raw material during the manufacturing process, and produces 98% post-industrial recycled tiles.

“Consumers have greater predilection for environmentally-friendly ceiling tiles. Leading global producers are thus focused on manufacturing low-VOC (volatile organic compounds) ceiling tiles. Low maintenance of ceiling tiles will be an important booster to market growth,” concludes the FMI report.

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Will Green Building Construction Pave Way for Future Growth?

As global concern over environmental sustainability mounts, the global housing industry is increasingly tilting towards green buildings, prompting major players to introduce appropriate product lines. Players such as Ceilume are actively participating in introducing solutions for green buildings. To achieve this objective, the company has introduced a new line of tiles made from 98% post-industrial recycled tin, copper, bronze and cherry wood finishes.

Key Takeaways of Ceiling Tiles Market Study

Non-residential construction sector will remain the leading end-use area for ceiling tiles through 2029.
Sustainable ceiling tiles will gain paramount importance through the course of forecast period.
North America ceiling tiles market accounts for more than 31% revenue share.
The ceiling tiles market in Asia Pacific is set to exhibit noteworthy growth during the projection period.

Ceiling Tiles Market – Top Growth Drivers

Green retrofit activities are fueling the growth of ceiling tiles market, particularly in developed countries.
Consumers’ inclination towards green label products is surging the demand for ceiling tiles emitting low VOCs during production.
Soaring demand for aesthetic, soundproof interiors is stimulating the demand for ceiling tiles.
Stringent regulatory requirements against particulate emissions continue to underpin the global ceiling tiles market growth.
Ongoing rapid industrialization is supplementing the demand for ceiling tiles in emerging markets.

Ceiling Tiles Market – Key Restraints

Relatively high cost of installation is hindering the growth of ceiling tiles market.
Gaining substantial market share is challenging for market leaders in view of highly competitive landscape.

Competition Landscape of Ceiling Tiles Market

FMI’s comprehensive study covers prominent players of highly-competitive ceiling tiles market. Some of the industry leaders profiled in this report include, but are not limited to, Grenzebach BSH GmbH, Burgess CEP, Decorative Ceiling Tiles, Hyderabad Industries Limited (HIL), Armstrong World Industries, Rockfon, New Ceiling Tiles, and Byucksan Corporation. Market leaders continue to employ multifaceted strategies including product development, contracts and agreements along with growth-oriented expansion strategies for bolstering their credibility.

More about the Report

This Future Market Insights study of 200 pages offers actionable insights on the ceiling tiles market. The market analysis is based on material type (steel, wood, mineral fibre/gypsum, polyvinyl chloride, fibre glass and aluminum), application (residential, commercial, hospitality, industrial and institutional), installation type (drop/suspended and surface mount), form (textured, patterned, plain, coffered, laminated, fissured) across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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How is the Global Construction Industry Catalyzing Ceiling Tiles Adoption?

The global construction industry is projected to expand at a growth rate of 4.2% annually until 2023, with prolific expansion opportunities across the residential, non-residential and infrastructure projects sectors respectively, according to a World Bank publication. As urbanization expands amid a bolstering global population, urban housing projects are experiencing a significant incline.

Ceiling Tiles Market Key Segments Covered

Material

Aluminum
Fiber Glass
PVC
Mineral Fiber/Gypsum
Wood
Steel

Application

Residential
Commercial
Hospitality
Industrial
Institutional

Installation

Surface Mount
Drop/Suspended

Form

Laminated
Fissured
Patterned
Plain
Textured
Coffered

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

to be continued…!

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Wood Pellets Market to reach US$ 26.15 Billion by 2032

A recently published study by FMI expects the global demand for wood pellets market to increase at a CAGR of 11% during the forecast period between 2022 and 2032, reaching a total of US$ 26.15 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 8%.

Report Attribute	Details
Estimated Base Year Value (2021)	US$ 8.3 Billion
Expected Market Value (2022)	US$ 9.21 Billion
Anticipated Forecast Value (2032)	US$ 26.15 Billion
Projected Growth Rate (2022-2032)	11% CAGR

Wood pellets form a clean, environmentally beneficial, sustainable, and renewable biomass. The increasing global demand for renewable energy is driving the demand for wood pellets to reduce the usage of fossil fuels that contribute to global warming. This is expected to contribute to the growth of the industry over the forecast period.

Consumers in developed regions such as Europe have greater environmental sentience, which continues to account for their increasing reliance on renewable sources. Bio-based energy sources are gathering impetus in developing countries for electricity generation. The reason is attributed to rising energy consumption and favorable government policies.

A significant reduction in the emission of greenhouse gasses is increasing the consumption of wood pellets in the industrial sector. Continued innovations in combustion technology are to be accredited for the impressive growth of the wood pellets market.

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Key Takeaways from the Market Study

North America accounts for the revenue of US$ 200 Million in 2022
Europe is projected to account for approximately 78% of the global market share
Asia Pacific is projected to account for 11% of the market share
Forest and wood waste derived wood pellets to experience highest uptake, flourishing at a 10.4% CAGR until 2032
By end use industry, residential applications to account for a revenue of US$ 3.5 Billion in 2022

“The manufacturers are increasing the availability of self-cleaning systems in wood pellet boilers that require minimal user input. Even though these boilers are gaining popularity, they require frequent maintenance in order to have the highest working proficiency.” says an analyst at FMI.

Market Competition

Key players in the wood pellets market are Enviva Partners LP, Pinnacle Renewable Energy Inc., Wood Pellet Energy (UK) LTD, Andritz AG, Energex, and Georgia Biomass, LLC.

The United Kingdom’s energy company Drax Group PLC announced the acquisition of Canada-based wood pellet producer Pinnacle Renewable Energy Inc. in February 2021. With the addition of Pinnacle’s 11 sites, Drax will own 17 pellet plants and development projects.
In April 2021, Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui OSK Lines (MOL), a leading international marine transport group, signed an MoU agreement to develop and deploy an environmentally friendly bulk carrier.

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Key Segments Profiled In the Industry Survey

By Feedstock:

Forest and Wood Waste Resources
Agricultural Residue and Waste
Food Waste
Virgin Lumber
Energy Crops

By End Use Industry:

Residential/Commercial Heating
CHP/District Heating
Co-firing

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global wood pellets market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of feedstock (Forest and Wood Waste Resources, Agricultural Residue and Waste, Food Waste, Virgin Lumber, Energy Crops), end-use industry (Residential/Commercial Heating, CHP/District Heating, Co-firing) & region.

Key Segments Profiled In The Wood Pellets Market Industry Survey

By Feedstock:

Forest and Wood Waste Resources
Agricultural Residue and Waste
Food Waste
Virgin Lumber
Energy Crops

By End Use Industry:

Wood Pellets for Residential/Commercial Heating
Wood Pellets for CHP/District Heating
Wood Pellets for Co-firing

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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