Out-of-home Coffee Market Growth Value Overview, Historical Market Size Study, Pricing Analysis-2032

The global out-of-home coffee market is set to witness growth at a CAGR of 4.5% over the forecast period (2022-2032) and top a valuation of USD 36 Bn by 2032.

Changing lifestyle have altered the consumer behaviour in past few years. Consumers who preferred tea over coffee have changed their preferences and have begun to consume coffee more than tea. Especially, working population having access to the coffee machines installed at their work places have shown an increased consumption of instant coffee since past half-decade.

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Key Takeaways from Market Study

  • Europe is expected to dominate the global market by accounting for the maximum market value share of about 25% by 2022 end, followed by North America
  • U.S. is to account for the maximum market share of nearly 78% of the North American out-of-home coffee market
  • Rising coffee culture over tea consumption among youths in different regions across the globe is predicted to result in surging demand during the assessment period (2022-2032)
  • By product type, instant coffee is expected to account for the maximum market value share of the global market by 2022 end
  • Higher income groups and working population has an increased spending capacity which is likely to increase the demand for premium coffee brands of out-of-home coffee in the near future
  • Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

Coffee with low caffeine content helps in building the metabolism and improve the functioning of the brain. Owing to these factors, consumers are preferring coffee over tea. Furthermore, increased spending capacity of working population have convinced them to switch to premium coffee brands which is expected to fuel the out-of-home coffee market growth over the forecast period (2022-2032).

Alongside, there have been a huge impact of covid-19 pandemic on the market attributing to the disruption on the supply chain due to worldwide lockdown. The exports and imports of coffee beans were hampered which led to the downfall in the revenue for various manufacturers. Almost all of the offices, restaurants and coffee shops were forced shut during lockdown which hindered the growth of the out-of-home coffee market.

But now, as the restriction are lifted up, the market participants have started gaining a pace to gain a higher position in the market by addressing the needs of their customers and enhancing brand loyalty. This is likely to positively influence the growth of the market in the next few years.

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 “Increasing consumption of instant coffee has resulted in the installation of coffee machines at commercial places such as offices or communities where consumers have all-time access to drink coffee with varied flavors which is prophesied to increase the demand for out-of-home coffee in the coming decade”says a Future Market Insights analyst.

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years. For instance,

  • In 2020, a company named Tchibo introduced ground and whole bean coffee products with a light, medium, and dark roasted beans, particularly in the United States. These products were widely available at retailers like Jewel and Hy-Vee in the regional market.
  • Many manufacturers have started introducing new and innovative products by adding different flavors such as Italian roast, green bean, and mocha to attract a larger audience.

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Future Market Insights, in its new report, offers an impartial analysis of the global out-of-home coffee 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 (instant coffee, portioned coffee and roasted coffee), end use (HoReCa and commercial/office), 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.

About FMI

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

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Soy Protein Concentrate Market Gross Margin Status, Future Market Value with Absolute Opportunity Analysis-2032

According to the recent report publish by FMI, the sales for soy protein concentrate are expected to cross a value of USD 4.5 Billion in 2032 & significantly rising at a CAGR of around 9.2% in the end of 2032.

As a result of the invention of the soy protein concentrate, the use of soybeans in cattle and poultry diets has increased in many regions of the world. It is proving to be extremely important in animal nutrition as a consistent source of protein with a high amount of key amino acids. Soybeans provide more than two-thirds of the protein concentrates used in animal feeds around the world.

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Key Takeaways from the Soy Protein Concentrate Market Study:

  • Between 2022 and 2032, the North American soy protein concentrate business is expected to grow at a rate of more than 7.8%, owing to increased demand for healthier baked items.
  • Asia-Pacific will remain the largest soy protein concentrate market, with sales expected to reach USD 1.8 Bn by the end of 2032.
  • By the end of 2032, sales of soy protein concentrate for animal feed are expected to account for more than two-fifths of the soy protein concentrate market.
  • The liquid soy protein concentrate segment is predicted to grow at a quicker rate than the dry soy protein concentrate segment through 2032, despite the fact that the former will continue to be more profitable.
  • Due to the growing use of soy protein concentrate in the food and beverage industry, the emulsification segment is likely to dominate the European market. The high emulsification qualities also contribute to the dominance.

The nutritional makeup of the produced products differs slightly between the two processes. SPC is greater in nutritional value than soybean meal and has a lower oligosaccharide content (3%) as well as antigenic components.

In the diets of calves, piglets, and dogs, SPC provides a cost-effective alternative to high-quality animal proteins such skim milk powder or fishmeal. On a protein basis, SPC has the potential to replace up to 50% of fishmeal in salmonid diets in aquaculture.

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The necessity to replace fishmeal, as well as other animal by-products, with soy protein concentrate is becoming apparent in the rapidly growing aquaculture sector.

This is due to three major factors: I limited fishmeal production coupled with an increase in global aquaculture production; (ii) consumer concerns about food safety in light of dioxin contamination; and (iii) ethical objections to the use of edible protein in animal diets in light of global population growth. It is, therefore, promoting the soy protein concentrate market.

 “Key market players are investing much in R&D in order to introduce new products and obtain a competitive advantage. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global soy protein concentrate market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering soy protein concentrate are:

  • DuPont, Cargill
  • ADM
  • The Vincent Corporation
  • Crown Soya
  • Wilmar International Ltd
  • Nordic Soya Oy
  • Incorporated
  • Shandong Yuxin Biotechnology Co.
  • Batory Foods

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Get Valuable Insights into Soy Protein Concentrate Market 

FMI, in its new offering, provides an unbiased analysis of soy protein concentrate presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for soy protein concentrate based on form (dry and liquid), by application (food products, beverages, dietary supplements, nutraceuticals, animal feed,  cosmetics and personal care, pharmaceuticals, and others), function  (emulsification, solubility, water binding, foaming, thickening agent, and others) across five major regions.

About FMI

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

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Green Supplements Market to Grow US$ 818.0 Mn by 2032 Amidst High Demand for Plant-based Product Worldwide

The green supplements market size is likely to reach US$ 563.3 Mn in 2022 and further expand at 3.8% CAGR during the forecast period, to total US$ 818.0 Mn by 2032.

Growing demand for plant-based products and rising awareness about the health benefits of green supplements are the key factors driving growth in the global market.

Plant-based products are both healthier and safer than animal-based products. As a result, they are gaining immense traction particularly across developed regions. Growing popularity of veganism will therefore eventually boost the growth of green supplements market during the forecast period.

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Green Supplements are linked to a number of health benefits. They are rich in vitamins, minerals, and antioxidants. Various studies have revealed that consumption of green supplements can improve sleep, boost energy, and lower levels of inflammation in their bodies.

Another factor driving the increased sales of green supplements is the popularity of alternative medicine. More and more people are turning to natural remedies for their health needs, and green supplements are a great way to get all the nutrients.

To keep up with the green supplements market trends, leading manufacturers are developing novel ways to incorporate this product into various processed foods.

Key Takeaways:

  • Based on form, the powder segment is expected to grow at 3.1% CAGR during the forecast period (2022-2032).
  • India currently has a Green Supplement market share of around 5.0 % in the South Asian market.
  • The green supplements market in the U.K, is expected to grow at a moderate CAGR of 3.9% over the next ten years.
  • North America is likely to hold around 34% share of the global green supplement market during the forecast period.
  • The U.S. green supplement market is expected to reach a valuation of US$ 345 Bn in 2022.

The green supplement market in the U.K. is currently valued at  US$ 434.0 Mn and it is poised to grow at a steady pace during the forecast period

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“Green supplements are versatile products that have a wide array of applications from functional foods and energy drinks to pharmaceuticals and dietary supplements. With rising health awareness and lactose intolerance, consumers are shifting towards green supplements owing to their organic, natural, plant-based characteristics which will assist the growth of the market over the next ten years,” says a lead analyst at Future Market Insights.

Competitive landscape:

Top 5 manufacturers of green supplements are GNC Holdings, Inc., Vitamin Shoppe, Inc., The Nature’s Bounty Co., . NBTY, Inc., Amway Corporation, collectively holding 20% to 30% of the overall market share.

These companies are adopting strategies such as new product launches and approvals, mergers, partnerships, acquisitions, and partnerships to increase their sales.

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The study provides valuable insight on the green supplements market based by form (powder, capsule, and liquid), packaging type (bottle, can, jar, sachet), application (pharmaceuticals, food & beverages, rtd teas, functional foods, dietary supplements, energy drinks, others, cosmetics)

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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.

About FMI

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

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Increase Demand for Plant-based Product to Drive the Chickpea Market Past US$ 21,763.6 Million-2032

The chickpea market size is expected to reach US$ 12,862.5 Mn in 2022 and grow to US$ 21,763.6 Mn by 2032 at a CAGR of 5.4 % during the forecast period.

The global impact of COVID-19 has been unprecedented and staggering, with demand for Chickpeas declining across all regions due to the pandemic and impacting the Chickpea market future trends.

Plant-based products are both healthier and safer than animal-based products. The Chickpea market is being driven by the growing popularity of veganism worldwide. Increased adoption of Chickpea is primarily due to their growing consumer popularity and the product’s versatility in application.

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Chickpea is linked to several health benefits. Studies have shown that they can help lower cholesterol levels and blood pressure. They may also help improve blood sugar control in people with diabetes. Chickpeas may also aid in weight loss by helping you feel full and satisfied after meals. This has led to a growing consumer preference for it and accelerated the Chickpea market’s key trends and opportunities.

Another factor driving the increased sales of Chickpea Another factor driving the increased sales of chickpeas is their nutritional value. Chickpeas are an excellent source of protein, fiber, and iron, making them a nutritious option for those looking for a healthy snack. Manufacturers are developing novel ways to incorporate this product into various processed foods to keep up with the chickpea market trends.

Key Takeaways:

  • In terms of form, the dried segment is expected to account for a market share of 60 % in 2022.
  • Desi chickpeas has a significant value share of the chickpea market, accounting for 5% in 2022 and expected to reach US$ 24 billion.
  • During the forecast period, the Chickpea market in the United Kingdom is expected to grow at a rapid CAGR of 5.2%.
  • During the forecast period, the Germany Chickpea market is expected to grow at a high CAGR of 27.3%.
  • In the North American Region, the Chickpea market for Chickpea products is dominated by the United States, with a Chickpea market share of 30.6%.
  • In terms of Chickpea market size, the United States is expected to have a total market capitalization of US$ 42 billion in 2022.

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“Chickpea is a versatile ingredient that has a wide array of applications from Boost Energy and  Muscle Building products. With rising health awareness and lactose intolerance, consumers are shifting towards Chickpea owing to its organic, natural, plant-based characteristics which will assist the growth of the market segment,” says a lead analyst at Future Market Insights.

Competitive landscape:

Top 5 manufacturers of Chickpea are AGT Food and Ingredients, BroadGrain Commodities, Inc., and The Wimmera Grain Store. holding 20% to 30% Chickpea market share.

Companies are using Chickpea in their products. The natural properties of chickpeas make it an ideal ingredient for many different products. Chickpea flour is gluten-free and has a high protein content, making it perfect for use in gluten-free and high-protein foods. Chickpeas can also be used to create vegan cheese and mayonnaise. With increasing, research and development and technological advancement companies are finding new techniques to effectively use chickpeas and Snacks to their maximum potential.

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Future Market Insights, in its new offering, provides an unbiased analysis of Chickpea presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study provides valuable insight on the Chickpea market based on By Type (Kabuli Chickpea, Indian Chickpea, Garbanzo Beans, Desi Chickpeas, Others), By Color (Yellow, Brown, Green, Red), By Form (Dried, Fresh, Canned, Frozen, Others), By Application (Direct Consumption, Snacks, Delicacies, Dips, Others), By Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, Online Stores, Others)

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About Food & Beverage Division at Future Market Insights

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, asthe team is happy to help with every business intelligence research and consulting requirement.

About FMI

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

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Processed Cheese Market In-depth Research on Share and Pricing, Growth Prospects & Analysis-2022-2032

As per Future Market Insights (FMI), the processed cheese market will reach nearly US$ 11.1 Bn by 2022. snackable cheese choices are becoming increasingly popular. As a result, many cheese processors have begun introducing cheese products suited for on-the-go nibbling. Consumers increasingly purchase high-protein, low-carb snacks produced with high-quality, simple ingredients. Within the cheese industry, the snacking trend is combined with another trend: a desire for flavour variety and adventure.

Cream cheese spreads, for example, are available in various tastes, including Original, Aged Cheddar, Seriously Strawberry, and Very Veggie. Processed cheese is popular among children because of its smooth texture and mild flavour. Furthermore, some younger consumers avoid real cheese in favor of dairy-free alternatives.

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Consumers that identify as flexitarians are significantly responsible for the general growth of the plant-based movement. Such consumers attempt to consume fewer animal products rather than fully eliminate them. Processed nut-free cheese substitutes are now available in certain stores, made from cultured legumes and oats.

Key Takeaways from Market Study

  • North America processed cheese market is expected to register 1.8% CAGR between 2022 and 2032
  • The demand for processed cheese is expected to grow at 2.0% CAGR between 2022 and 2031.
  • The Japan processed cheese market will grow at 1.6% CAGR between 2022 and 2032 The India processed cheese market will grow at 2.7% CAGR between 2022 and 2032
  • Based on form, the spreadable cheese segment is expected to witness fastest growth over the forecast period

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 “The need to create new cheese snack products has resulted in a demand for more intriguing flavours. Today’s consumers want bolder flavours and more detailed brand names. Simultaneously, the cheeses utilized in specific goods are becoming increasingly specific and personalized. Hence, leading players are likely to capitalize on this existing trend to gain revenue” said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering Processed Cheese are Koninklijke FrieslandCampina N.V, Gilman Cheese Corporation, Arla Foods Amba, Almarai Company, Fonterra Co-operative Group Limited, Groupe Lactalis S.A., Associated Milk Producers, Rumiano Cheese Co, AMUL, Sargento Foods, Inc., Molkerei Ammerland Eg, Hilmar Cheese Company, Inc., Savencia SA, Le Groupe Bel, Kraft Heinz, Megmilk Snow Brand Co Ltd., Rokko Butter, Modern Mashrek, and Others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Processed Cheese market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

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The study divulges compelling insights on the Processed Cheese market based on by Type (Blue Cheese, Brick Cheese, Camembert Cheese, Cheddar Cheese, Cottage Cheese, Cream Cheese, Mozzarella Cheese, Romano Cheese, Swiss Cheese, and Other Processed Cheese), by Form (Cheese Blocks, Traingle, Rectangle, Circle, Square, Cheese Slice, Cheese Spread, and Cheese Spray), by Milk Source (Cattle Milk, Goat Milk, and Sheep Milk), by End Use (Retail / Household, HoReCa, and F&B Industry), by Distribution Channel (B2B and B2C) and across seven major regions.

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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.

About FMI

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

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Cathode Battery Material Market 2022 – Future Plans and Industry Growth with Quantitative and Qualitative Analysis

Commercially there numerous types of energy storage devices are available in the marketplace such as batteries, capacitors to name a few. These devices comes up with different energy storage capacity and with different sizes. Batteries are one of key storage medium amongst the oldest and extensively commercialized storage technologies globally and their efficiency is massively depends upon cathode battery materials. End user requirements such as durability, long operating life, fast charging and effective response times are some of the key properties which led to improvements in cathode battery material types. Increasing innovation and technological advancements practices in the energy sector is taking the world to a whole new level. Energy storage devices, systems and technologies is one of the key sector which is expanding rapidly across the globe. Major market participant are expanding their business portfolio and further getting into the universe of novel energy devices & technologies.

One of the battery types which is gaining enormous traction is lithium ion batteries. These batteries exhibit attributes like fast charging, large energy storage and also having long operating life. The cathode battery material is one of the integral and key component inside the battery which measures the energy density of that battery. The energy density in the battery is calculated by its voltage and capacity. The working mechanism of the battery include the intercalation and deintercalation of the compounds, where the ions is transferred from cathode to anode during charging mechanism and reverse back during discharging operation, with a negligible effect on the structure of anode. The cathode battery material selection is dependent on numerous factors which includes, energy, capacity, operating temperature, life span , conductivity to name a few. Commercially there are numerous cathode battery material available in the market such as, cobalt, phosphate, lithium iron phosphate, manganese and nickel cobalt manganese among others.

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Cathode Battery Material Market: Market Dynamics

Attributes such as compatibility, durability, efficient and fast charging are key competencies which enables substantial developments in cathode battery materials market. Also increase in the consumption of lithium ion batteries in numerous industries driving the market for cathode battery material.. Growing energy requirement across the world is creating the growth opportunities for the players present across the value chain of cathode battery material universe. Regional and global player in the market are adopting emerging business models in order to increase their geographical presence. This initiative us further leads to create significant growth opportunities for cathode battery material distributors and suppliers. Moreover, companies are strengthening their R&D infrastructure & moving their way towards the innovation and development of new cathode battery material with increase efficacy. However, heating issue and size are acting as adoption barrier for the batteries and cathode battery material but it can be offset in the near future with technological advancements.

Cathode Battery Material Market: Region Wise Trends

Globally the demand for cathode battery material is expected to surge with the increase in attraction towards energy storage technologies and systems. China is expected to capture the maximum share in cathode battery material market. The major driving factor in China and other Asian countries is the high demand for energy systems, along with the presence of battery consumers in very large scale. Taiwan is one of the largest electronics manufacturer which creates substantial demand for cathode battery material market. China is closely followed by North America and Europe, in these regions favorable government policies & funding for the usage of effective energy systems drives the demand for cathode battery materials.

Examples of some of the market participants in the Global Cathode Battery Material Market identified across the value chain include:

  • BASF SE
  • NEI Corporation
  • Hitachi Chemical Co., Ltd
  • Long Power Systems (Suzhou) Co., Ltd
  • Rock Tech Lithium Inc.
  • Nichia Corporation
  • Hunan Shanshan New Material Co., Ltd.
  • Alees

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

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • China
  • India
  • Japan
  • SEA & Others (ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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

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Cathode Battery Material Market: Segmentation

On the basis of Material Type, the Cathode Battery Material Market can be segmented as:

  • Manganese
  • Cobalt
  • Phosphate
  • Nickel Cobalt Manganese
  • Others

On the basis of End Use Industry, the Cathode Battery Material Market can be segmented as:

  • Automotive
  • Electronics
  • Power Tools
  • Medical
  • Others

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Joint Compound Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031

Growing demand for residential construction across various developing economies due to rising urbanization is one of the leading driving factors of the joint compound market.

According to Future Market Insights (FMI), the global joint compound market is estimated to expand at a CAGR of more than 5.0% over the forecast period of 2021-2031.

Application in the home renovation segment is expected to rise at an impressive pace, which will favor the growth of the global market. Besides this, the growing demand for application of joint compound for the refurbishment of homes due to rise in consumer need for better and more eco-friendly homes is expected to drive market growth.

Asia Pacific and North America are leading the joint compound market. Being a consolidated market, manufacturers are focusing on increasing their sales and distribution networks across regions. They also are emphasizing on developing new products through increasing their investments in research and development initiatives.

“Countries such as the U.S., China, and India are expected to exhibit high demand for joint compound owing to increasing construction spending and rapid urbanization. Due to the onset of COVID-19, demand was impacted significantly in year 2020” says a Future Marketing Insights analyst.

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Key Takeaways from Market Study

  • The market for joint compound was estimated at US$ 1.15 Bn in 2021 and is anticipated to grow with a CAGR of 5% during the forecast period.
  • Demand for joint compound for application in residential construction is anticipated to increase at a CAGR of 5.2% in the next ten years.
  • Ready mix accounted for 56.9 % of the market share in 2021 and is the highly preferred product type in the market.
  • The market in the China and India is expected to expand at a CAGR of over 6% each, through 2031.
  • Demand for joint compound in the refurbishment segment topped US$ 464.0 Mn in 2020.

Competitive Landscape

The global Joint compound market has been identified as a significantly fragmented market, with a number of key players present in the overall market. Some leading players included in the report, such as USG Boral, DAP Products Inc., Solid Products, Inc., ProForm Finishing Products, LLC, LATICRETE International, Inc., Compagnie de Saint-Gobain S.A., Freeman Products, Inc., Georgia-Pacific Corporation, Kuiken Brothers, Supermastick S.A.S, Hamilton Drywall Products, ASG Plaster, India Gypsum Pvt. Ltd and others are anticipated to create tough a competitive environment at the global level.

Joint compound Market by Category

By Product Type:

  • Ready Mix
  • Setting Type
  • Drying Type

By End Use:

  • Residential Construction
  • Commercial Construction
  • Institutional Construction
  • Industrial Construction

By Application:

  • New Construction
  • Refurbishments

By Region:

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

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Want to Know More?

Future Market Insights has published a market research report on the global functional coil coatings market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Global Functional Coil Coatings market through six different segments- By Application, By Product Type, By Function Type, By Material type, By End-use, and By Region.

Table of Content

1. Executive Summary

1.1. US Market Outlook

1.2. Market Scenario Forecast

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Analysis and Recommendations

2. Overview of Market

2.1. Map of Products Tree

2.2. Market Definition by Product Type

2.3. Market Definition by End Use

2.4. Market Definition by Application

3. Key Market Trends

4. Key Success Factors

to be continued…!

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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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Silicone Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2030

Silicone is an eminent component in various industries, given its umpteen benefits such as high durability, foam control, UV stability, radiation resistance and adhesion. Non-toxicity of silicone drives its application in the food sector where optimum quality is imperative.

Over the last few years, silicone have been a key component in the automobile industry for reducing overall weight of vehicles which further enhances fuel-efficiency.  Further, the excellent properties of silicone allows market players to develop customized solutions as per end users’ requirement.

Global Silicone Market – Growth Drivers

The electronics industry will remain the primary consumer of silicone material, where it is mainly used as a semiconductor.

Owing to high conductivity, silicone materials are used to maximize the performance of several devices such as transistors, printed circuit boards (PCB), and integrated circuits (IC). Recent study reveals that the electronics industry is anticipated to grow at 4% CAGR.

With a smooth texture, silicone finds application in the cosmetics industry. Silicone-based cosmetic products are used for hair and skin conditioning. The material works as an emulsifier, which helps in combining other ingredients in cosmetic products.

Going forward, emollient qualities of silicone makes its ideal in production of moisturizers. The global cosmetic industry is estimated to reach US$ 648 Mn, growing at 6% CAGR. Furthermore, silicone sealants are becoming commonplace in construction industry as they offer better characteristics compared to conventional polyurethane (PU) polysulfide, and acrylic sealants.

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Global Silicone Market – Growth Restraints

Fluctuating prices of raw materials are majorly hampering the silicone market growth. Government agencies such as the UK Competent Authorities and the European Chemicals Agency (ECHA) has impose reduction on the usage of cyclosiloxanes D4 and D5, used in cosmetic and personal care industry.

Both the silicone products are expected to be limited to concentration of 0.1% by weight in cosmetic formulations.

In medical sector, silicone are considered medical-grade only if they meet the standards of USP Class V and VI. Furthermore, silicone manufacturers have to fulfil various regulations including, Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR) for production of silicone rubber used in healthcare sector. The entire process is time-intensive, thus, putting strain on market revenue pool.

Impact of COVID-19 on Global Silicone Market

The COVID-19 pandemic has created a steep downfall in world economy by halting manufacturing processes and disrupting supplies in global trade.

Silicone is commonplace material in several industries – cosmetics, automotive and construction –  as such, drastic reduction in demand from these end-use industries is severely hitting the profit margins of manufacturers.

Consequently, manufacturers are partially or completely halting their production units, further causing turmoil in the supply chain.

On the other hand, demand for silicone from health care sector have seen a significant uptake amid the COVID-19 pandemic. Medical gloves derived from silicone cause none to minimal allergic reactions.

Moreover, rising concerns regarding virus spread are fueling the usage of silicone gloves for common use, and this demand will continue for a long period.

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Global Silicone Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global silicone market both in terms of revenue share and CAGR. The market growth in the region is majorly driven by well-established electronics and automotive industry.

High adoption of renewable energy and fast uptake of electric vehicles (EV) are providing lucrative opportunities for silicone manufacturers. China, Japan, India, and Australia are attracting huge stakeholders’ attention, given presence of large manufacturing sector in these countries.

Emergence of automotive sector in Mexico is driving the silicone market in North America. Rising demand for minimally-invasive surgeries in tandem with well-developed healthcare infrastructure is further propelling the regional market.

Global Silicone Market – Competitive Landscape

The global silicone market is fairly consolidated comprising limited number of players. These market leaders are continuously focusing upon expansion activities and R&D projects to widen the application of silicone materials. For instance,

  • Wacker Chemie AG (Germany) and Shin-Etsu Chemical Co. Ltd. (Japan) are expanding their manufacturing units in APAC, owing to low cost production and cheap labors.
  • In June 2020, Shin-Etsu developed a new technology – Reduced-Platinum Reaction Curing System Technology – for reducing the usage of platinum in silicone release coatings.

Players in global silicone market includes

  • Shin-Etsu
  • Ashland
  • Momentive
  • Kemira
  • Dow Corning
  • Evonik
  • Wacker Chemie

Region

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Global Silicone Market – Segmentation

The global silicone market is segmented on the basis of following,

By End Users

  • Construction
  • Automotive
  • Industrial Application
  • Other

By Curing Method

  • Acetoxy
  • Oxime
  • Alkoxy
  • Others

About FMI

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

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/silicone-industry-market
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High Temperature Ceramics Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

The global high temperature ceramics market is driven by several factors like replacement of materials for the sake of creating cost effective solutions, the growing demand for energy conservation across various industries, and government regulations to reduce greenhouse emissions.

Ceramics are covalent compounds containing metal and non-metal atoms primarily held in covalent and ionic bonds. Generally, ceramics are made by taking mixtures of earth elements, powders, water and clay.

This mixture is shaped into the desired form and is then fired in a high temperature oven. Ceramics are then painted with glazes which are waterproof and decorative. At elevated temperature, ceramics have high hardness, high melting points, excellent chemical corrosion resistance and good mechanical properties.

Some ceramics are good dielectrics or insulators, whereas others are good electrical or thermal conductors. Ceramics are widely used in our daily life. Glass, plates, bricks, tiles and sanitary ware are some examples of the ceramics we see every day. Ceramics can also be found in products like automobiles (sparkplug), phone lines and watches.

They are even used in space shuttles and aircrafts. Ceramics can be broadly classified into two categories: traditional and advanced. Traditional ceramics include clay products such as cement and glass, whereas advanced ceramics consist of pure oxides, nitrides, carbides and many others.

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Advanced ceramics are widely used in industrial applications where the operating temperature is generally high or which require hard substances that can withstand great pressure. Ceramics offer various advantages compared to other materials.  Ceramics are more corrosion and heat resistant than polymers or metals, stiffer and harder than steel, and have a lower density than most alloys and metals.

Raw material for advance ceramics materials are plentiful, inexpensive and display wide range of properties.  For automotive applications, they are used in various applications like airbag sensors, spark plugs, valves, vibration sensors, pressure sensors, oxygen sensors, thermistors, catalytic converters, ceramic rotors, ceramic filters piston rings and safety glass windshields.

The different types of high temperature ceramics include ceramic matrix composites and ultrahigh temperature ceramic coatings. Advanced high temperature materials are key components in the emerging material technologies, which are giving impetus to many industries.

The global high temperature ceramics market is led by AsiaPacific (APAC) which accounts for over 40-45% of the total consumption by volume. The cost of high temperature ceramics in APAC is lesser than that in Europe, North America or Latin America. In terms of revenue, North America is the largest market followed by APAC and Europe.

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The cost of high temperature ceramics is expected to remain low for the next few years in the APAC region. Due to government regulations and incentives offered for sustainability and energy conservation, North America and Europe are expected to offer significant growth opportunities for the high temperature ceramics market.

On the basis of industry applications, the global high temperature ceramics market is segmented into automotive, aerospace, chemical processing, metallurgical, power generation and others. Some of the most common applications of high temperature ceramics are afterburners, boilers, castings, exhaust stacks, flanges, furnaces, headers, incinerators, manifolds, molds and dies, ovens, heat exchangers, pumps, blowers, pipingand ducting.

In the aerospace industry, high temperature ceramics are used in cutting edge applications, which require structural and chemical stability at extremely high operating temperatures. On the basis of composition, the high temperature ceramics are segmented into oxides (alumina, zirconia), non-oxides (carbides, nitrides) and composites (combination of oxides and non-oxides).

There are many global and regional players operating in the high temperature ceramics market especially in APAC. Some of the key participants are Morgan Thermal Ceramics, ZIRCAR Ceramics, Inc., Skamol A/S, Promat International, IBIDEN Company Ltd., Rath Incorporated, General Insulation Europe Ltd., Unifrax Corporation, and Shandong Luyang Share Co. Ltd.

In future, the understanding and controlling behavior of the microstructures and properties of high temperature ceramics are expected to be key elements in research activities. This research will further increase the operating temperature limits of existing high temperature ceramics.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections usinga suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/global-high-temperature-ceramics-market
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Polyvinylidene Fluoride (PVDF) Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Polyvinylidene fluoride, also known as polyvinylidene difluoride (PVDF), is a specialty plastic material belonging to the fluoropolymer family. It is a pure thermoplastic and highly non-reactive fluoropolymer which is produced by the polymerization of vinylidene difluoride.

PVDF is primarily used in applications which require high resistance, strength and purity to solvents, bases, acids and heat. It is also used as an important ingredient in high-end paints for metal roofing in commercial and residential applications.

Membranes of PVDF are widely consumed for the purpose of immobilizing proteins owing to its resemblance to amino acids. PVDF is also used extensively in sheets, films, membranes and coatings in various end-user industries such as chemical processing, oil & gas, construction and energy.

The global market for PVDF, along with its end products has been witnessing noticeable growth over the past few years. Increasing demand for lithium-ion batteries, coatings, and photovoltaic films are anticipated to be some of the major influencing factors for the growth of the market with increased emphasis on its various applications and their end-users.

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North America accounted as the largest consumer for PVDF, followed by Asia Pacific. Moreover, future market growth is expected to be from Asia Pacific on account of growing demand of PVDF in various applications such as oil & gas, and coatings for building & construction industries.

The market for PVDF in Western Europe is also expected to grow significantly with certain PVDF expansion projects anticipated to stabilize the overall business in this region.

Other regions such as Eastern and Central Europe as well as Latin America are also expected to host future global events which would supplement the growth of PVDF in different applications. In addition, proposals for improvement in infrastructure, rising residential construction industry and increasing demand for lithium-ion batteries is also expected to fuel the demand for PVDF in these regions.

High demand from different end-user industries such as coatings, photovoltaic films, oil & gas, and electrical are expected to be the major growth factors for the PVDF market. However, increasing use of substitutes to PVDF is expected to slow down the growth of the market.

Research & development (R&D) has been one of the key factors in the PVDF market. Various associations, end-user manufacturers and PVDF manufacturing companies have planned significant investments for future advancements and technology innovations in PVDF to replace other metals and plastics.

This factor is expected to provide new opportunities for the growth of the market. Large scale companies such as Arkema have made significant investments for the expansion of PVDF polymer capacity in emerging economies such as China to meet the rapidly-growing demand for PVDF resins in emerging application such as new energies and water filtration.

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Moreover, the company plans to expand its PVDF business portfolio in Brazil with the expansion of their coatings production capacity. The new investment would help the company offer diversified and more domestically-produced additives and waterborne emulsions which are substantially taxed as imports in Brazil.

Arkema, Daikin Industries Ltd., Dyneon GmbH, Shanghai Ofluorine Chemical Technology Co. Ltd., Shanghai 3F New Materials Company Limited, Solvay S.A., Zhuzhou Hongda Polymer Materials Co. Ltd., Zhejiang Fotech International Co. Ltd., Kureha Corporation, Quadrant Engineering Plastics Products Inc. are some of the key manufacturers of PVDF dominating the market.

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

The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Get In Touch With Our Team For 20% Flat Discount

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/global-polyvinylidene-fluoride-market
For Sales Enquiries:
 sales@futuremarketinsights.com
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