Powder Injection Molding Market Is Expected To See a growth of 9.3% | Future Market Insights

The CAGR for the global market for powder injection molding is predicted to be 9.3% from 2022 to 2032, which is a healthy growth rate.

Powder injection molding is an industrial manufacturing solution for producing alloy, metal, and ceramic parts. This process is widely used on account of its advantages, such as cleaner product output over other processes.

The powder injection molding market is likely to grow with double digit CAGR over the entire forecast period.

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Impact of COVID-19 on Powder Injection Molding Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Powder Injection Molding market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Powder Injection Molding Market Report

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

Powder Injection Molding Market: Key Segmentation

By Technology 

  • Ceramic injection molding (CIM)
  • Metal injection molding (MIM)

By Application

  • Automotive
  • Medical
  • Healthcare
  • Aerospace
  • Consumer products
  • Industrial machinery

By Raw Material

  • Stainless steel
  • Soft magnetic alloys
  • Titanium alloys
  • Low-alloy steels

Powder Injection Molding Market: Competitive Evaluation

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

  • ARC Group
  • Advanced Materials Technologies Pte. Ltd.
  • Epsom Atmix Corporation
  • PSM Industries Inc.
  • Plansee Group
  • Indo-US MIM Tec Pvt. Ltd.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Powder Injection Molding market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Powder Injection Molding market

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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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Flexible Batteries Market Size to be worth US$ 1.42 Bn by 2032

Global Flexible Batteries demand is expected to be valued at US$ 152.49 million in 2022, rising at a 25% CAGR to US$ 1,420 million from 2022 to 2032.

The growing number of R&D activities for developing flexible batteries for wearable devices, the increasing use of thin and flexible batteries in flexible electronic devices, the ongoing miniaturization of electronic devices, the surging demand for flexible batteries in IoT applications, and the increasing use of flexible batteries in medical devices to treat COVID-19 patients are all expected to drive the growth of this market.

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Impact of COVID-19 on Flexible Batteries Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Flexible Batteries market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Flexible Batteries Market Report

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

Flexible Batteries Market: Key Segmentation

Type:

  • Thin-Film Flexible Battery
  • Printed Flexible Battery
  • Curved Flexible Battery
  • Other Flexible Battery Types

Chargeability:

  • Rechargeable Flexible Batteries
  • Single-Use Flexible Batteries

Region:

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

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Flexible Batteries Market: Competitive Evaluation

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

  • Apple Inc.
  • Blue Spark Technology
  • Brightvolt Inc.
  • Enfucell Oy
  • LG Chem Ltd.
  • NEC Energy Solutions Inc.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • ST Microelectronics N.V.
  • Ultralife Corporation

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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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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Urea Formaldehyde Market Is Expected to reach US$ 10.12 Bn by 2032

According to research conducted by Future Market Insights on the urea formaldehyde market, demand is estimated to reach a valuation of US$ 10,123.7 Mn by the end of the assessment period. The Global Urea Formaldehyde Market is expected to grow at a rapid pace during the forecast period, with a growth rate of 4.4% owing to consistent demand from end uses such as furniture, automotive, electrical appliances, agriculture, construction & building and others.

The market for urea formaldehyde is thought to be primarily driven by rising furniture use and rising urea formaldehyde demand from the agrochemical and construction & building industries. Urea-formaldehyde products are primarily used in the agrochemical industry. In the coming years, the global wood product market is expected to expand. Furniture is in high demand in both developing and developed regions. Urea formaldehyde is a wood adhesive that is commonly used in the production of interior grade plywood, medium-density fiberboard, particle board, and other wood products.

It is popular in the furniture industry due to its high reactivity, quick curing, water solubility, and low cost. Furthermore, people are increasingly choosing aesthetically pleasing furniture, which is driving up demand for urea formaldehyde, which is widely used in the furniture industry. Increasing investment from emerging countries in the construction sector is expected to fuel the demand for urea formaldehyde.

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The urea-formaldehyde products, which are used in the automotive industry for strengthening the binding between rubber and tire cord. The adoption of new and modified manufacturing techniques, as well as the expansion of production capacities, are some of the most important key trends that have been seen in recent years. To get the highest yield with high-quality products, manufacturers are adopting new and improved manufacturing techniques, which will set them apart from the other market players.

 “Growing consumption of Urea-Formaldehyde in the furniture segment coupled with increasing utilization of Urea-Formaldehyde in different end-use industries is expected to drive the market during the projected period,” said an analyst at FMI.

Key Takeaways from Urea Formaldehyde Market Study

  • Demand for urea formaldehyde is expected to witness a growth outlook of around 4.4% over the coming assessment period.
  • Global furniture consumption has been estimated to grow by nearly 3.5% in the past few years. Growing furniture consumption across the globe is estimated to drive the demand for urea-formaldehyde, as the furniture industry is one of the major consumers of urea-formaldehyde.
  • The liquid form of urea formaldehyde remains a key form of urea formaldehyde, accounting for more than 50% of the volume consumption.
  • The automotive industry is expected to boost the demand as urea formaldehyde is being used in automobile parts to make them lightweight and provide them strength and durability.
  • Based on the region, East Asia is the leading region in the global market followed by Europe and North America. Europe, North America, and South Asia Pacific are also expected to provide potential opportunities to key players.

Competitive Landscape

The global urea formaldehyde market is a fairly consolidated market with the presence of some dominant key players. These players hold more than 45–50% of the market share.

Some of the top manufacturers included in the research study are BASF SE, Hexion, Inc., Hexzachem Sarawak Sdn Bhd, Bakelite Synthetics, Acron PJSC, Asta Chemicals, ARCL Organics Ltd., Capital Resin Corporation, Biqem, Metadynea, Advachem SA, Kronoplus Limited, Foresa, Sadepan, Siva Chemical Industries, Foremark Performance Chemicals Inc., and LRBG Chemicals. These are the some of the manufacturers of urea formaldehyde profiled in the full version of the report.

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Urea Formaldehyde Market by Category

By Form:

  • Liquid
  • Powder
  • Solid

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Aluminum Chemicals Market Worth US$ 260 Billion by 2032 | Future Market Insights

Aluminium is a silvery white chemical element that belongs to the boron group. It has symbol Al, atomic number 13 and under normal circumstances it is insoluble in water. Aluminium is ductile that can be drawn into wires and malleable which can be beaten into thin sheets. Aluminium chemical known as aluminium trihydrate is produced from bauxite by the bayer process which is used in production of aluminium metal.

The majoraluminiumtrihydrate end use application consist of raw materials for production of chemicals that contain aluminium, reinforcement fillers and flame retardants in elastomers, plastics, adhesives and other products, coatings and filler pigments in papermaking among others. Aluminium sulfate is used as a flocculating agent for water purification.

Aluminium hydroxide is found naturally as a mineral named gibbsite that is also known as hydrargillite is used as a feedstock for manufacture of aluminium compounds such as specialty calcined alumina among others. Sodium aluminate is an inorganic commercial chemical which is an effective source of aluminium hydroxide. This chemical has various technical and industrial applications.Aluminium silicate, aluminium phosphide and poly aluminium chloride are other aluminium chemicals which are used in textile, paper and medical industry among others.

The demand for aluminium chemicals is expected to reach US$ 168 billion in 2022 and is projected to increase at a CAGR of 4.5% to reach US$ 260 billion from 2022 to 2032. Due to their extensive uses in the water treatment, oil and gas, and agricultural industries, aluminium chemicals are widely used.

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Aluminium is extracted by two process such as Bayer process followed by hall method. In the Bayer’s process bauxite is mixed with sodium hydroxide that dissolves in aluminium oxide. The other compounds from bauxite are left at the rear. The aluminium oxide is then treated with a Hall method. Enough cryolite is not available to make aluminium that is needed and therefore, synthetic cryolite is produced for this purpose.

Aluminium has wide areas of applications. It is used as pure metal in various compounds and alloys which is made by melting and mixing more than two metals. The aluminium chemicals also find a large area of application such as textile, medical, paper and fertilizers among others. Aluminium sulfate which is also known as alum is used in the paper and pulp industry on a large scale. The other application of alum is in the water treatment plants Aluminium based intermediates are use in the production of paints, tires, textiles, leather, foods and fertilizers among others. Aluminium acetate is a salt that is used as an astringent. Aluminium borate has application in glass and ceramics. Aluminium fluorosilicate is also used to produce glass and synthetic gemstones. Aluminium hydroxide is used as a mordant and as an antacid to purify water.

The major driving factors for aluminum chemicals market is huge demand from water treatment plants and growing use of aluminium chemical in the glass and ceramic industry. Chemicals such as aluminium hydroxide, aluminium borate and aluminium sulfate are used on a large scale owing to the wide areas of applications in the market therefore boosting demand for aluminium chemicals in the market.

The major segments for aluminium chemicals market include North America, Asia Pacific, Europe and Rest of the World (RoW). China is the largest consumer of aluminium chemicals for manufacture of electronic products and plastics materials that are used to manufacture automobile parts. Therefore, Asia Pacific is expected to be the largest market for aluminium chemicals. North America is anticipated to boost demand for aluminium chemicals for manufacture of ceramics, paints and adhesives among others.

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The key companies profiled include: Krishna Chemicals, Sumito chemicals, General Chemical USA and Hindustan Produce Company among others. This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Key Segments Profiled in the Aluminum Chemicals Industry Survey

Application:

  • Fire Retardant
  • Pulp and Paper Manufacturing
  • Flocculent
  • Coagulant
  • Catalyst
  • Fumigant
  • Antacids
  • Body Implants
  • Dental cements
  • Others

End Use:

  • Water Treatment
  • Oil & Gas
  •  Agrochemical
  • Automobile
  • Plastic
  • Medical and Pharmaceutical
  • Food Packaging
  • Others

Region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

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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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High Purity Boehmite Market to Hit US$ 400 Mn by 2032 | Future Market Insights

High purity boehmite is present in alumino-silicate bedrocks and is further extracted & processed using different methods to make it suitable for numerous commercial applications. These high purity boehmites, which are generally present in very small sizes i.e. as nano-sized particles in a dispersed phase, possess a unique amalgamation of dispersibility, purity and consistency.

These attributes of high purity boehmite push its use in numerous colloidal applications. High purity boehmites are synthesized under control to produce end products with desired qualities. High purity boehmites are versatile in nature and can be used for a wide range of applications.

In the commercial market place, high purity boehmite is available in different purity levels, such as 99.0%-99.9% purity and above 99.9% purity, of which the former is gaining attraction in numerous applications. Likewise, high purity boehmites are also available in dispersed form, tailor-made to suit various applications.

These high purity boehmites are generally classified as Water dispersible high purity boehmites, acid dispersible high purity boehmites and surface modified high purity boehmites

High purity boehmite sales are anticipated to increase at a remarkable CAGR of 14.9 % between 2022 and 2032, reaching a valuation of US$ 400 Mn by that year. High purity boehmite is increasingly being used in a variety of applications, which is what is driving market growth.

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High Purity Boehmite: Market Dynamics

It has been found that the sales volume of high purity boehmite has increased in the last few years and the same sales trend is expected to be witnessed during the forecast period. The key force behind this increase sales volume of high purity boehmite is its growing adoption and expanding application universe.

Shift from conventional resources of energy to batteries is one of the prime driving forces increasing the sales of lithium ion batteries globally, which in turn, is creating substantial revenue sales for high purity boehmite products.

Properties, such as high purity levels, dispersibility and consistency, have been adding to growing preference for high purity boehmite as the prime choice of material in numerous application. Growing use of plastics in different end-use industries will also create substantial demand for high purity boehmite as a plastic additive.

Suppliers & distributors available in the value chain of high purity boehmite are looking forward to collaborating with each other to streamline the downstream flow of the high purity boehmite products. However, expensive processing technology is an important hurdle present in the high purity boehmite market.

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High Purity Boehmite: Region Wise Trends

China, along with other South East Asian countries, such as India, ASEAN and South Korea, will witness high growth during the forecast period. These regions collectively capture the major share in the overall market in terms of volume.

Increase in the number of electric vehicles in these country will create substantial demand for lithium ion batteries, which will accelerate the overall market of high purity boehmite. North America & Western Europe will also witness substantial demand as these regions are well equipped with enhanced production facilities for lithium ion batteries.

MEA is home to technologically advanced petrochemical production facilities, which require a significant amount of high purity boehmite as a plastic additive. Latin America & Eastern Europe are turning into low-cost manufacturing centers and will create substantial growth opportunities for the market participants during the forecast period.

Examples of some of the market participants identified across the value chain of the Global High Purity Boehmite are:

  • AnHui Estone Material Technology
  • Sasol
  • Nabaltec
  • TOR Minerals
  • Kawai Lime Industry
  • TAIMEI Chemicals
  • Dequenne Chimie
  • Osang Group
  • Silkem
  • Xuancheng Jingrui New Materials
  • Tianjin Boyuan New Materials

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

The report covers exhaustive analysis on

  • High Purity Boehmite Segments
  • High Purity Boehmite Dynamics
  • High Purity Boehmite Size
  • High Purity Boehmite Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies
  • Technology related to High Purity Boehmite
  • Value Chain associated

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • China
  • India
  • SEAP ( India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The High Purity Boehmite 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 High Purity Boehmite attractiveness as per segments. The report also maps the qualitative impact of various market factors on High Purity Boehmite segments and geographies.

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High Purity Boehmite: Segmentation

On the basis of Purity, the High Purity Boehmite can be segmented as:

  • Purity (99.0%-99.9%)
  • Purity (Above 99.9%)

On the basis of Product type, the High Purity Boehmite can be segmented as:

  • Water dispersible
  • Acid dispersible high
  • Surface modified high

On the basis of Application, the High Purity Boehmite can be segmented as:

  • Li-Ion Battery Separator
  • Electronic Ceramics
  • Flame Retardant
  • Catalysis
  • Surface fractioning
  • Microcrystalline Ceramics
  • Refractory Materials
  • Rheology Control

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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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Electric Toothbrush Market Value of US$ 6.1 Billion by 2027 | FMI

According to the market report published by Future Market Insights titled Electric Toothbrush Market: Global Industry Analysis and Opportunity Assessment 2019-2027 the revenue generated from electric toothbrushes is estimated to be valued at over US$ 3,483.3 Mn in 2019, which is projected to increase at a CAGR of 7.4% during the forecast period (2019-2027).

High prevalence of periodontal diseases and increasing awareness about the advantages of electric toothbrushes are prominently driving the market. Increase in awareness about oral hygiene, periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global electric toothbrush market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products,. which is generating high demand for electric toothbrush in the global market.

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Research Highlights: Global Electric Toothbrush Market

  • The ease of usage will remain the driving force positioning an electric toothbrush as a smarter choice over manual toothbrush, despite a higher price point.
  • An electric toothbrush integrated with advanced technologies such as rotation oscillation, and sonic will continue to witness solid demand over the forecast period.
  • Innovative electric toothbrush variants that are equipped with several features to help people develop appropriate brushing habits will gain traction.
  • Multiple brushing modes of electric toothbrush models specialized for teeth whitening, and sensitive teeth brushing among others will continue to witness steady popularity.

Tech-driven Innovations Improve the Ease of Electric Toothbrush Usage

Electric toothbrush has several advantages over manual toothbrushes. Unlike manual toothbrushes, electric toothbrushes are integrated with efficient technology of improving conditions such as gingivitis that ultimately result in plaque formation. These toothbrushes are equipped with brush heads that are replaceable, and they provide reminders for due replacement.

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Furthermore, an electric toothbrush is equipped with pressure sensors that provide information on hard brushing. Electric toothbrush is being increasingly perceived as easier and safer over conventional counterparts, especially in case of children and seniors. Research also says that even arthritis patients find it easier and more comfortable to use electric toothbrush, as it is less painful than its manual variant.

Continuously Evolving Electric Toothbrush Designs: An Emerging Market Trend

Toothbrush is typically designed to remove dental plaque without damaging the hard and soft tissues of teeth and gums. Modernized toothbrush designs are better equipped with cutting-edge technologies that make them more efficient in terms of brushing capabilities.

The global electric toothbrush market is likely to grow at a CAGR of 7.4% during the forecast period, in terms of revenue. According to FMI’s report, North America will secure the largest market share in electric toothbrush landscape owing to maximum prevalence of oral health conditions and awareness, coupled with rapid adoption of electric toothbrush and other advanced technology enabled products.

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Global Electric Toothbrush Market by CategoryBy Product Type: 

  • Rechargeable
  • Battery Powered

 By Head Movement:

  • Sonic/Side-By-Side
  • Rotation/Oscillation

By Price:

  • Economy
  • Mid-Range
  • Premium

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Drug Stores & Pharmacies
  • Convenience Stores
  • Online Retailers
  • Other Sales Channels

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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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:

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Wine Cooler Market is Likely to Grow to a Revenue of US$ 4.42 Bn in 2032 | FMI

The Wine Cooler Market is expected to reach US$ 2 Bn in 2018, likely to surge at a vigorous 5.6% CAGR during the assessment period 2019 – 2029. The market will garner prominence on the back of heightened demand in hospitality, and food & beverages industries. Moreover, increased product launches owing to technological innovations is driving the market growth, finds a new Future Market Insights (FMI) report.

Attributes such as enhanced functionality and aesthetic appeal have contributed to the growth of wine cooler market. Internet of Things will play a pivotal role in product development through the projected period. Moreover, manufacturers continue to launch eco-friendly wine coolers to reinforce their sustainable practices.

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Key Takeaways of Wine Cooler Market Study

  • Food & beverages industry continues to generate substantial demand for wine coolers, with hospitality closing in.
  • Europe and North America collectively occupy approximately 66% of revenue share.
  • Consumers in developing countries will account for greater consumption of wine coolers through 2029.
  • Eco-friendly products will gain traction through the forecast period owing to increased government incentives and consumer preferences.

Heightened Per Capita Consumption of Wine Sustaining Growth of Wine Cooler MarketRising per capita consumption of wine amongst millennials is driving the growth of wine cooler market. Burgeoning hospitality industry in developing countries is soaring the demand for wine coolers.

Greater predilection of consumers towards enhanced product visibility and easy maneuverability is a significant growth contributor. Rising inclination towards energy-efficient wine coolers is fuelling the market growth. However, sales of new commercial wine coolers are restricted by demand for pre-used wine coolers. Most wine coolers are not equipped with door storage or adjustable shelves thereby limiting its functionality.

Innovation and Strategic Collaboration to Remain Pivotal for Industry LeadersGlobal wine cooler market is a fragmented landscape. FMI’s comprehensive study on wine cooler market features prominent market players including, but are not limiting to, Robert Bosch GmbH, Siemens AG, Viking Range, LLC, and Haier Group Corporation. Market leaders have escalated R&D activities to launch innovative wine coolers for stronger market foothold.

Wine coolers equipped with features such as multiple temperature zones, touchscreen panels, customized control settings for humidity and temperature have already infiltrated the market. Moreover, leading players continue to opt for strategic collaborations to foster their market presence.

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Wine Cooler Market: Segmentation
The global wine cooler market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Installation

  • Built-in
  • Countertop
  • Freestanding

End-use Industry

  • Commercial
  • Residential

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https://makenix.com/post/34713_pet-dietary-supplements-market-key-players-growth-regions-and-forecast-to-2030-f.html

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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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Shisha Tobacco Market is Estimated at US$ 19 Bn in 2022 | FMI

The shisha tobacco market is expected to reach US$ 26 Bn by 2032, likely to surge at a vigorous 4% CAGR during the assessment period. Shisha tobacco use is typically done with friends and is an important part of several cultures’ social gatherings and events. These days, college and university life have been incorporated into this culture. Additionally, water pipe use is frequently shared among friends and family.

This is due to two reasons: first, it lowers the cost of shisha tobacco use; second, and more emotionally, it fosters a sense of brotherhood, especially among the male demographic, and makes them feel more accepted in society. Due to this tradition, there are now more cafes, restaurants, and lounges that offer a variety of services, including shisha tobacco services.

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The spread has made water pipe smoking more widely accessible locally and encouraged young people in various nations to seek out unique neurostimulating activities. This characteristic of shisha tobacco fits in well with the rapid expansion of cafes, restaurants, and lounges around the world.

The booming hotel, restaurant, and cafe (HoReCa) industry, particularly in developing nations, has coincided with the rebirth of the water pipe smoking tradition in nations like India, where young shisha tobacco use has moved beyond rural areas and into urban ones. Hookah cafes have proliferated in urban regions of affluent nations like the U.S., particularly near college campuses. Because of this simple accessibility, the industry expansion in

Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.

The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.

Key Takeaways from the Shisha tobacco Market Study

  • Strong shisha tobacco to capture approximately a prominent share in 2021. However, through 2032, demand for the light variant of shisha tobacco is expected to gain traction due to the rising awareness regarding various health concerns.
  • Direct distribution of shisha tobacco is likely to generate a significant revenue during the forecast period. However, with the changing purchasing preferences of individuals, online retailers are likely to hold the maximum market share by 2032.

Impact of COVID-19 on the Market

The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.

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Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.

Who is Winning?

Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.

Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.

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Global Shisha Tobacco Market by Category

By Product Type:

  • Strong Shisha Tobacco
  • Mild Shisha Tobacco
  • Light Shisha Tobacco

By Flavor:

  • Fruit
  • Berry
  • Apple
  • Melon
  • Citrus
  • Tropical
  • Others
  • Chocolate
  • Caramel
  • Mint
  • Blended
  • Others

By Sales Channel:

  • Direct Sales
  • Hypermarket/Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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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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Hemostatic Gels Market is expected to expand at a CAGR of 6.8% to reach US$ 1.9 Bn by 2032

As per Future Market Insights’ latest analysis, the global hemostatic gels market is estimated to reach a valuation of US$ 1 Bn in 2022, with sales projected to grow at a 6.8% CAGR over the forecast period. Against this backdrop, the market size will surpass US$ 1.9 Bn by 2032.

Increasing adoption of hemostatic gels during surgical procedures for blood loss management is spurring demand for effective hemostatic gels. Furthermore, rising prevalence of chronic diseases is necessitating the adoption of these gels. According to the Centers for Disease Control and Prevention (CDC), more than 45% of the population in the U.S. suffers from at least one chronic disease that requires surgical procedures.

Globally, around 2,000,000 people die from hemorrhage each year, out of which approximately 1,500,000 deaths are due to trauma injuries. Similarly, every year almost 60,000 people die in the U.S. due to hemorrhaging and blood loss. These figures indicate the need for hemostatic gels during surgical procedures to improve clinical outcomes.

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Key Takeaways:

  • Based on product type, sales of porcine-based hemostatic gels are expected to grow at a 5.7% CAGR through 2032.
  • In terms of indication, the cardiovascular surgery segment is expected to account for 33.1% of the total market share over the assessment period.
  • By end user, demand for hemostatic gels across hospitals will increase at a 5.4% CAGR during the forecast period.
  • The U.S. dominated the North America hemostatic gels market in 2021, holding 82% of the total market share.
  • Demand for hemostatic gels in India is forecast to grow at a 7.4% CAGR over the assessment period.
  • Sales in the U.K. hemostatic gels market are expected to increase at a 7.1% CAGR through 2032.
  • China will emerge as a lucrative pocket, with demand growing at an 8% CAGR over the forecast period.

“Rising adoption of effective hemostatic gels across various industries for the protection of the workforce is expected to fuel demand in the market. In addition to this, rising awareness regarding the usage of hemostatic gels for blood loss management across emerging economies will augment the growth in the market,” says an FMI analyst

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Competition Landscape

Key players operating in the hemostatic gels market are adopting strategies such as product launches, mergers & acquisitions, joint ventures, and R&D activities to improve their global presence. For instance:

  • In 2019, Baxter International, Inc. introduced Floseal Hemostatic Matrix, its new hemostatic agent. Floseal Hemostatic Matrix U.S.FDA approved and is used to stop bleeding during surgical procedures.
  • In 2021, Medcura, Inc. together with ASO LLC launched Rapid-Seal, a new class of antibacterial hemostatic gel. This product meets the market demand for a transparent gel that will be easily applied during surgeries.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the hemostatic gels market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

Key Market Segments Covered In Hemostatic Gels Industry Research

By Material:

  • Bovine-Based
  • Porcine-Based
  • Polymer-Based

By Indication:

  • General Surgery
  • Dental Surgery
  • Veterinary Surgery
  • Cardiovascular Surgery
  • Orthopaedic Surgery
  • Others

By End-User:

  • Hospitals
  • Speciality Clinics
  • Veterinary Settings
  • Ambulatory Surgical Centers
  • Online Sales

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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

2.3. Inclusions and Exclusions

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Development and Innovation Trends

4. Key Success Factors

Full TOC click Here

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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Paediatric Spasticity Treatment Market is likely to register a CAGR of 10% from 2022-2032

[324 Pages Report] During the forecast period, the paediatric spasticity treatment market is expected to grow at a CAGR of 10%. Rising demand for combination products such as benzodiazepines, imidazole, and gamma-aminobutyric acid analogues is driving the global paediatric spasticity treatment market. Furthermore, demand for paediatric spasticity treatment is increasing as a result of increased awareness and investment in research and development.

Paediatric Spasticity Treatment: Market Insights
Paediatric Spasticity results due to damage of portion of brain or spinal cord which controls the voluntary movement. When paediatric spasticity occurs due to injury or disease, nerve signals do not reach muscles and continuously contract which causes stiffness and tightness which interfere with movement and speech. Several drugs are available to treat the Paediatric Spasticity, drugs are injected into the affected nerve or the muscle.
Physical therapy used to increase strength, improve muscle mobility and muscle coordination, use of braces, and electrical stimulation. Oral medication for treatment of paediatric spasticity is considered when spasticity symptoms gets adverse and start affecting daily muscle functioning. According to estimates from CDC’s Autism and Developmental Disabilities Monitoring (ADDM) Network, about 1 in 323 children has been identified with Cerebral Palsy and most (77.4%) of the children identified with CP had spastic CP. 

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Paediatric Spasticity Treatment: Market DynamicsIncreasing awareness, growing research and development for drug development drive the market of paediatric spasticity treatment in the near future. Changing lifestyle, developing new and innovative technology, improving healthcare infrastructure is expected to fuel the paediatric spasticity treatment market in the forecast period. Launch of novel therapeutics and growing per capita income in the emerging economies such as China, Brazil is further drive the paediatric spasticity treatment market. 

Despite many factors which drive the global market for paediatric spasticity treatment, various factor which might hinder the growth of paediatric spasticity treatment market include high cost of treatment and low awareness in under developed and developing countries and rigorous regulations for the approval of drug.

Paediatric Spasticity Treatment: Overview

Advancement and development of new therapeutic treatment and growing clinical trials for the paediatric spasticity treatment creates huge opportunity for the paediatric spasticity treatment market to grow in the forecast period. Collaboration and partnership among major players for developing new drugs, increasing funding for the research will drive the market of paediatric spasticity treatment in near future. For instance, in august 2016, FDA Approved Ipsen’s Dysport (abobotulinumtoxina) injection for the treatment of lower limb spasticity in children aged two and older.

Paediatric Spasticity Treatment: Region-wise Outlook

The North America is expected to contribute to a major share in the global paediatric spasticity treatment, owing to increasing population, increasing number of screening procedures, presence of major manufacturers and growing clinical trials. Well-developed healthcare facilities and government funding for drug development further drive the market for paediatric spasticity treatment. Europe contributes for the second largest share with significant growth in the global paediatric spasticity treatment market owing to technological advancement in the treatment coupled with growing adoption of new treatment.

Asia Pacific market is primarily driven by the factors such as growing prevalence, increasing population, growing awareness of new treatment options. China is expected to register rapid growth in the paediatric spasticity treatment market, due to large patient pool, availability of new drugs for the paediatric spasticity treatment. Latin America and Middle East & Africa are projected to show sluggish growth in paediatric spasticity treatment market, due to less awareness, lack of adequate healthcare facilities and less developed infrastructure.

Pediatric Spasticity Treatment: Key Players

Some of the key players present in the global pediatric spasticity treatment market are Allergan plc, Ipsen Biopharmaceuticals, Inc., Almirall, S.A, Piramal Critical Care, Inc., Genentech, Inc, Sanofi, Saol Therapeutics, US WorldMeds, LLC among others.

The report covers exhaustive analysis on,

  • Pediatric Spasticity Treatment Market Segments
  • Pediatric Spasticity Treatment Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Pediatric Spasticity Treatment Market Size & Forecast 2016 to 2024
  • Pediatric Spasticity Treatment Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Pediatric Spasticity Treatment Market Drivers and Restraints

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding China
  • China
  • Middle East & Africa
Pediatric Spasticity Treatment: Segmentation 

The global Pediatric Spasticity Treatment market is segmented on basis of drug type, distribution channel and geography.

Segmentation by Drug Type

  • Baclofen or Muscle Relaxants
  • Botox
  • Intrathecal Baclofen
  • Clonazepam
  • Diazepam
  • Tizanidine
  • Others

Segmentation by Route Of Administration

  • Oral
  • Injectable

Segmentation by Distribution Channel

  • Hospitals Pharmacies
  • Drug Stores
  • Retail Pharmacies
  • Mail Order Pharmacies

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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