futurechemical

PAG base Stock Market Size, Share, Demand, Growth & Trends by 2033

The global PAS base Stock Market is expected to reach US$ 2.03 Billion and is projected to grow at a CAGR of 8.5% over the forecast period. According to the forecast, the PAS base stock industry size will reach US$ 4.6 billion over the forecast period.

Considering the excellent properties of PAG base oil as well as the benefits that it provides, it can be predicted that the demand for PAG base oil will improve over the coming years. As well as its excellent water solubility and high viscosity index, PAG base oils are also known for their shear stability as well as its high water solubility. Moreover, the low volatility of the synthetic compounds under high temperatures as well as their resistance to the formation of deposits or residues have also allowed them to be used in a variety of applications.

The Global economy is set to be impacted significantly by emerging economies. As a result of its high water dissolving capacity, the PAG base oil market is expected to experience significant growth. Due to the growth of auto and other industries, the polyalkylene glycol (PAG) base oil market is expected to flourish in the future. In addition to the growing emphasis that is being placed on sustainability and energy transition, there are bound to be inevitable effects on both the supply and demand of base stock is expected to further grow the market.

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PAG oils will continue to drive the synthetic market forward as an environmentally acceptable lubricant, in part due to the continuing emphasis on environmentally friendly lubricants in the industry. In addition to textile fiber producers, PAG oils have also been found to be beneficial in a number of other industries. During the scouring process, these lubricants can easily be removed, since they don’t stain or discolor fibers. In addition to fiber processes requiring shear stability at high speeds and temperatures, PAG oils are the lubricant of choice. Additionally, extreme-pressure gear lubricants are used on textile machinery.

Key Takeaways from the Market Study

According to market forecasts, the global PAG base stock market is set to reach US$ 4.6 billion by 2032. According to projections, the automotive sector is expected to grow at a CAGR of 6.8% between 2023 and 2033. According to the estimates, compressed oil is expected to possess a revenue share of 38.5% during the forecast period. North America is expected to grow at a CAGR of 6.2% during the forecast period Asia Pacific PAG base stock market revenue is expected to grow by 29% during the forecast period. “Recent energy conservation emphasis has increased interest in high-performance lubricants for automotive, textile and aerospace applications, which is expected to grow at a steady pace for the foreseeable future for the PAG base stock products.,” comments an analyst at FMI.

Competitive Landscape

BASF SE, The Dow Chemical Company, Clariant AG, Idemitsu Kosan Co., Ltd., PCC Group, Fuchs Group, Croda International Plc, Exxon Mobil Corporation, Technical Lubricants International B.V., and Shandong Shing Chemical Co., Ltd.

By partnering strategically, manufacturers are able to boost production and meet consumer demands, increasing revenue and market share. Manufacturing products that are beneficial to the end user by utilizing new technologies and products. Expansion of production capabilities can be facilitated through strategic partnerships.

LIQUI MOLY GmbH, a German manufacturer of lubricants, recently announced that its annual production has exceeded 100,000 tonnes. It was an increase in both oil and aftermarket additive production at LIQUI MOLY this year. Fuel additives, oil additives, and coolant additives were produced in 16.3 million cans in the first quarter of the year – up 14% over last year. Key Segments Covered in the PAG base stock Market Industry Survey

PAG Base Stock Market by Type:

Water Soluble PAG Base Stock Water Insoluble PAG Base Stock Mineral Oil Soluble PAG Base Stock Random Copolymer PAG Base Stock Block Copolymer PAG Base Stock PAG Base Stock Market by Application:

Gear Oils Fire Resistant Hydraulic Fluids Food Grade Lubricants Compressor Oils Wind Turbine Lubrication Metalworking and Quenching Fluids Other PAG Base Stock Applications PAG Base Stock Market by End Use:

Automotive Aerospace Marine Industrial Equipment HVAC & Refrigeration Others PAG Base Stock PAG Base Stock Market by Region:

North American Latin American European Asia Pacific MEA Browse Full Report: https://www.futuremarketinsights.com/reports/pag-base-stock-market

United States and Canada Alumina Market Size, Share, Growth & Trends by 2032

According to a research study conducted by Future Market Insights on the United States and Canada alumina market, demand for alumina is to reach a valuation of US$ 3,324.8 million by 2022. Robust domestic demand for defense and military equipment, tanker pumps, naval vessel components, and munitions hoist components is projected to drive growth in the United States and Canada alumina market. The market is estimated to be valued at US$ 5,491.3 million in 2032.

Aluminum is considered to be the primary raw material for a wide range of industries, especially for automotive, aerospace, and defense sectors. During World Wars I and II, about 90% of USA aluminum production went into defense and military uses. The metal remains essential to several components of modern warfare and owing to this, there is a high demand for alumina for the production of aluminum.

The ongoing Russia-Ukraine war would create a new growth opportunity for key players for the manufacturing of military and defense weapons as the USA is a leading supplier of weapons to Ukraine. There will hence be huge demand for aluminum production across the country. Canada’s aluminum production is mainly exported to the USA and it is projected to further create a lucrative opportunity for alumina production in the United States and Canada during the assessment period.

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Key Takeaways from United States and Canada Alumina Market Study

Based on application, the aluminum production segment is projected to generate a share of around 1% in the United States and Canada alumina market by 2032. Canada is a prominent importer of alumina with an estimated import volume of 6,225 kilotons. Central Canada and South United States are likely to together capture about 2% of the alumina market share. The United States and Canada alumina market is estimated to witness a CAGR of around 1% on the basis of value. The United States and Canada alumina industry is estimated to reach a valuation of US$ 5,491.3 million in 2032. “Increasing demand for electronic components and home appliances such as laptops, refrigerators, television panels, smartphones, and washing machines is projected to drive sales of alumina across the United States and Canada. Key electronics manufacturers are set to use aluminum for manufacturing their in-house products to maintain cost-effectiveness and offer high performance,” says a lead analyst at Future Market Insights.

Competitive Landscape: United States and Canada Alumina Market

The market for alumina across the USA and Canada is set to be a consolidated industry, where key players are anticipated to hold a prominent share. Few of the renowned manufacturers in the market include REFRACTRON TECHNOLOGIES CORP., USA Electrofused Minerals, Inc., Washington Mills North Grafton, Inc., Great Lakes Minerals, LLC, Calix Ceramic Solutions, Illinois Valley Minerals (IVM), Cer-Met, Inc., Aluchem of Little Rock and Metal Exchange Corporation., and Nature Works LLC among others.

Key players are focusing on expanding their production capacities to improve their geographic footprint all over the globe, as well as to compete with their rivals. Few of the key companies are aiming to invest huge sums in alumina production backed by a significant surge in terms of demand from the automotive and defense industries.

United States and Canada Alumina Market Outlook by Category

By Grade:

Metallurgical Grade Refractory Grade Grinding Grade Others By Application:

Aluminum Production Abrasives Ceramics Refractories Others By Country:

United States Canada Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Market Background

2. Global Market Analysis 2017-2022 and Forecast, 2023 to 2033

TOC Continued…!

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Calcium Acetate Market Size, Share, Demand, Growth & Trends by 2029

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

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

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

Key Takeaways of Calcium Acetate Market Study

Role of calcium acetate in food preservation is projected to facilitate the overall market growth through the forecast period. Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market. Accelerating R&D activities for diversifying end-use applications is contributing to calcium acetate market growth. Gains in calcium acetate market will be concentrated in Asia Pacific and North America. Availability of alternatives would hinder the growth of calcium acetate market in the foreseeable future. Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029. Get Your 30% Discount Now! Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11117

Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

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

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

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

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

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

More about the Report

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

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

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

Calcium Acetate Market: Segmentation

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

Function

Texturizer Stabilizer Thickener Firming Agent Application

Pharmaceuticals Agriculture Food and Beverages Pet Food Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Function Innovation / Development Trends

1. Key Success Factors

To be continued…!

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Silica Sand for Glass Making Market Size, Share, Demand, Growth & Trends by 2029

The global silica sand market for glass making is highly influenced by demand for glass from the food & beverage industry, as a majority of manufacturers pack alcoholic drinks in glass bottles or containers. The key factor behind this is the fact that, glass packaging preserves the original taste and quality of the drink inside as compared to metal or plastic. Expanding at a CAGR of 4.6% the global sales of silica sand for glass making is expected to increase from a valuation of US$ 5,154.8 Mn in 2021 to US$ 7,411.7 Mn by the end of 2029.

Extraordinary growth in demand for glass especially due to remarkable growth in construction industry is expected to propel the demand for silica sand for glass making over the forecast period. Considering this, FMI has forecasted the global silica sand for glass making market to reach a valuation of US$ 7,411.7 Mn in 2029.

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Key Takeaways of Silica Sand Market for Glass Making Study

The demand for silica sand for glass applications is anticipated to increase at a significant rate, on account of increasing per-capita consumption and purchasing power, and growing awareness of the importance of hygiene in the packaging of food products. An increase in glass making activities in developing countries is anticipated to have a positive impact on the growth of the silica sand market for glass making. East Asia holds a prominent share in the global silica sand market for glass making, attributable to the increasing application of glass in various end-use industries in this region. Increasing consumption of glass for packaging food products and photovoltaic cells in solar energy is anticipated to propel growth of the silica sand market for glass making. Moreover, glass has extensive applications in construction, automotive, pharmaceuticals, and scientific instruments & analytical research, along with cookware & utensils. Glass manufacturing companies strive to introduce new and innovative production technologies to cater to the rising global demand for glass. This is anticipated to offer substantial opportunities to players in the silica sand market for glass making. “Increasing demand for glass from several end-use industries is expected to create significant growth and expansion opportunities for silica sand suppliers/ manufacturers, as well as contribute to the overall growth of the global silica sand market for glass making.”

Increasing Preference for Glass Containers to Propel Market Growth

The enhanced visual appeal of products packaged in glass containers along with the transparent nature of glass enables manufacturers to showcase the premium quality of their products. Glass is a versatile material in container manufacturing, and containers can be made from this material in a wide range of colours, shapes, and sizes.

Moreover, manufacturers in the food & beverage industry prefer the use of glass containers, and, as such, the food and beverage segment accounts for a substantial share in terms of volume as compared to other applications in the global silica sand market for glass making. This segment accounted for more than one-third share of the global silica sand market for glass making in 2020.

These factors are anticipated to have a positive impact on the growth of the global silica sand market for glass making over the coming years.

Silica Sand Market for Glass Making Moving towards Consolidation

The silica sand market for glass making is significantly driven and dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global silica sand market for glass making are U.S. Silica, Imerys Refactory Materials, Sibelco, Fairmount Santrols, Badger Mining, and JLD Minerals. These players are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

Silica Sand for Glass Making Market by Category

By Application :

Flat Glass Fiber Glass Glass Container Colored Colorless Special & Technical Tableware Glass Others By End Use :

Food & Beverage Packaging Industrial Pharmaceutical Scientific Instrument & Analytical Research Construction Automotive Cookware & Utensils By Purity :

High Purity Ultra-High Purity By Region :

North America Latin America Europe East Asia South Asia MEA Oceania Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

1. Key Market Trends

3.1. Development Trends

3.2. Key Trend Impacting Market Growth

1. Key Success Factors

TOC continued…!

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Wood Pellets Market Size, Share, Demand, Growth & Trends by 2032

Wood Pellets Market Size, Share, Demand, Growth & Trends by 2032

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

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

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

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

Key Takeaways from the Market Study

North America accounts for the revenue of US$ 200 Million in 2022 Europe is projected to account for approximately 78% of the global market share Asia Pacific is projected to account for 11% of the market share Forest and wood waste derived wood pellets to experience highest uptake, flourishing at a 10.4% CAGR until 2032 By end use industry, residential applications to account for a revenue of US$ 3.5 Billion in 2022 “The manufacturers are increasing the availability of self-cleaning systems in wood pellet boilers that require minimal user input. Even though these boilers are gaining popularity, they require frequent maintenance in order to have the highest working proficiency.” says an analyst at FMI.

Market Competition

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

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

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

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

Table of Content

1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

1.3. List of Data Sources

1. Executive Summary

2.1. Market snapshot

1. Wood Pellets Market Dynamics

3.1. Market Segmentation

3.2. Wood pellets – Value chain analysis

3.3. Raw material trend

to be continued…!

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

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Precipitated Silica Market Size, Size, Demand, Growth & Trends by 2029

Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO2). Developing regions of the world are expected to lead demand generation by the end of forecast period. Global precipitated silica market revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029.

Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products.

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Key Takeaways of Precipitated Silica Market Study

• Cosmetics lead end-use industries in terms of demand generation with a market share of more than 21%.

• Electronic end-uses present the most lucrative growth opportunities with a growth-wise market share of more than 19% during the forecast period.

• Rubber will lead segmentation based on application type, on the back of surging demand for green tires from the automotive industry.

• Precipitated silica products have found immense utilization in personal care, particularly in oral care products that treat tooth sensitivity. This segment is expected to provide remunerative opportunities.

• North America is leading with a market share of more than 29% followed by Latin America which garners a market share of 23%.

• Japan proves to be the future frontier for precipitated silica manufacturers with an astounding growth rate of more than 13% throughout the forecast period.

“Precipitated silica will witness exponential growth on back of surging infrastructure and automotive demand in developing economies. Manufacturers stand to gain from research and development into innovative applications of the product. Major players are making an effort to establish market dominance by investing in capacity expansion.”-FMI Analyst

Rubber Industry to Increase Market Demand

Propelling mass-adoption of precipitated silica, the rubber industry will influence growth trends during the forecast period. This is attributed to beneficial applications of precipitated silica in increasing road grip and reducing rolling friction. Promoting fuel efficiency, precipitated silica induced tires are referred to as green tires. Green tires have garnered increasing traction on the back of eco-friendly production trends in automotive industry. Consumer trends such as increase in disposable income and awareness of skin friendly cosmetics will generate demand from cosmetics end-use industry. Oral care is another lucrative opportunity that market players are capitalizing with the help of research and development in medical aplications.

Who is Winning?

The global precipitated silica market is fragmented. Major players in the market are investing in capacity expansion and innovative production processes. Important market players that shape the precipitated silica market are Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, and Oriental Silica Corporation.

Market Segmentation

The global Precipitated Silica market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By End – Use Industry

Automobiles Cosmetics Electronics Agriculture Others By Application

Rubber Personal Care Fishing Boats Food Coating & Inks Adhesives & Sealants Others Region

North America Latin America Europe APEJ Japan Oceania Middle East & Africa Table of Content

1. Global Precipitated Silica Market – Executive Summary

1.1. Global Market Outlook

1.2. Industry Roadmap

1.3. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope

1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Demand Analysis by End- Use Industry

3.2.1. Automobiles

3.2.2. Cosmetics

3.2.3. Electronics

3.2.4. Agriculture

3.2.5. Others

3.3. Product Innovation / Development Trends

3.3.1. Creating New Delivery Mechanisms

3.3.2. Indication Specific Products

3.3.3. Shift Toward Natural Ingredients

3.3.4. Preferential Inclination towards Non-Modified Convenience Ingredients

1. Key Success Factors

to be continued…!

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Isoprene Rubber Latex Market Size, Size, Demand, Growth & Trends by 2031

The worldwide isoprene rubber latex market is anticipated to extend at eight.1% CAGR over the forecast length between 2021 and 2031, reveals future marketplace Insights (FMI) in a recent analysis. FMI also forecasts the global isoprene rubber latex marketplace to sign up yr-on-yr boom of 10.1% in 2021. Surging utility of isoprene rubber latex in production of scientific gloves and condoms will assist the marketplace gain traction over the route of the forecast duration. Growing demand of scientific gloves and condoms will continue riding the isoprene rubber latex income. Growing utilization in clinical and customer goods enterprise will create conducive environment for the growth of the marketplace within the coming years.

Rising call for of clinical gloves inside the healthcare industries due to growing consciousness approximately health and safety measures to be employed to save you the unfold of diseases after COVID – 19 pandemic is propelling increase of the isoprene rubber latex market.

The increasing use of isoprene rubber latex inside the manufacture of personal protective device and business gadgets which include seals, gaskets, and conveyor belts is expected to be a main increase driver. The growing call for for custom designed business gloves is expected to strengthen the sales in the marketplace. Further to this, software in condom manufacturing will give a boost to sales prospects.

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Key Takeaways:

Medical glove manufacturers are the predominant consumers of isoprene rubber latex. Medical gloves segment exhibited high demand following the COVID-19 outbreak. Application in condom manufacturing will increasing, driving sales in the market. Demand in the U.S. will grow year on year by 8.8% in 2021. Demand in China will grow by 8.8% between 2021 and 2031. Sales in Germany will account for 14.3% of overall consumption in Europe in 2021. “Rising demand of medical gloves from healthcare industry and the increasing usage of adhesives in food, medical and industrial packaging will drive the market of isoprene rubber latex through the projected period from 2021 to 2031,” says a FMI analyst.

Competitive Landscape

Key market participants in the global isoprene rubber latex market elaborated in the report includes Top Glove Corporation Bhd, Zeon Corporation, PAO Sibur Holdings, Kraton Corporation, Ansell Limited, Supermax Corp. Bhd, Royal Dutch Shell Plc, Kossan Rubber Industries Bhd, JSR Corporation, Hartalega Holdings Berhad, Rubberex Corporation, Johnson Wilshire, Medline Industries, Inc., Dipped Products Plc, Protective Industrial Products, Inc., and many others.

Key players operating in the global isoprene rubber latex market are focusing on increasing their production capacities to strengthen their footprint especially in the emerging economies. Furthermore, key market participants are focusing on mergers, acquisitions and collaborations strategies to expand their global presence and strengthen their distribution network. For instance:

In April 2018, Top Glove Corp Bhd acquired Aspion Sdn Bhd transforming the company into one of the world’s largest surgical glove maker and strengthening its position as the world’s largest glove manufacturer. Isoprene Rubber Latex Market by Category

By Application:

Medical Gloves Condoms Medical Balloons Catheters Adhesives By End Use:

Medical Consumer Goods Industrial Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

2.3. Patent Analysis

2.4. Key Regulations overview

1. Key Market Trends

3.1. Key Trends Impacting the Market

1. Key Success Factors

4.1. Product Adoption Analysis

4.2. Strategic Promotional Strategies

4.3. Technological Innovation

1. Global Isoprene Rubber Latex Market Demand Analysis 2016-2020 and Forecast, 2021-2031

2. Pricing Analysis

3. Global Isoprene Rubber Latex Market Demand (in Value or Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031

To be continued…!

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OEM Insulation Market Size, Size, Demand, Growth & Trends by 2033

The OEM insulation market is expected to thrive at an average CAGR of 4.2% during the forecast period. The market is anticipated to cross a market share of US$ 24.5 Bn by 2033, while it holds a revenue of US$ 16.2 Bn in 2023.

– The trust factor between the end user and manufacturer works in favor of the OEM insulation market, as the original automotive equipment and services are preferred over the aftermarket.

– Rising industrialization, along with new advanced businesses such as automotive modification and accessories, are fueling the adoption of industrial insulation.

– Rapid urbanization and advanced residential settings have created and boomed tye house insulation and other markets as end users move the more sophisticated setting. Furthermore, the proliferating music industry and home studio setups are propelling the demand for acoustic insulation.

– Heating, ventilation, and air conditioning (HVAC) insulation systems have transformed the OEM insulation industry as it reduces the energy loss for central heating system, piping, and ventilation.

– The use of OEM insulation for fire safety through acoustic and thermal comfort insulation is setting up new trends for the market, fueling the sales of OEM insulation systems.

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Key Points

The biggest market for OEM insulation is the US, which thrives on a CAGR of 3.6% and is expected to hold a value of US$ 5.3 Bn by 2033. The Indian market is the fastest-growing OEM insulation market which flourishes at a CAGR of 6.1% between 2023 and 2033. The market is set to reach a revenue value of US$ 1.3 bn by 2033. OEM insulation market outlook states that foamed plastics segment leads the material type category with a CAGR of 4.1% between 2023 and 2033. The increase is a result of widespread use and simple integration. Based on insulation type, the blanket segment thrives at a CAGR of 4.2% between 2023 and 2033, attributing to the higher installation of OEM insulation in the automotive industry. Competitive Landscape

Major key players are investing in new insulation technologies such as acoustic and thermal layers. Furthermore, the companies experiment with the changing design and advanced urban settings. The advanced setting involves eco-friendly and sustainable features, manufacturing according to the major trends. Key players in the OEM insulation market are: BASF, Evonik, Paroc Group Oy, SAINT-GOBAIN, Armacell International S.A, Johns Manville Corporation, Henry Company, Styrotech, Inc., NCFI Polyurethanes, Morgan Advanced Materials, Scott Industries LLC, and Anco Products Inc.

For instance:

Owens Corning introduced a new technology that would aid in the creation of modern buildings that are more reliable, sustainable, and energy efficient. The model will be working on effective HVAC insulation. Evonik has its extended company named Dabco that provides a long range of portfolio of different amine catalysts for insulation. Furthermore, polecat, ortegol, kosmos etc. Key Segments

OEM Insulation Market by Material:

Glass Wool Mineral Wool Foamed Plastics Others OEM Insulation Market by Insulation Type:

Blankets Rolls & Batts Loose Fill & Others OEM Insulation Market by End Use:

Aerospace Automotive Marine HVAC Equipment Building & Construction Consumer Appliances Other Industrial By Region:

North America Latin America Europe Asia Pacific (APAC) Middle East & Africa (MEA) Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Market Background

2. Global Market Analysis 2017-2022 and Forecast, 2023-2033

3. Global Market Analysis 2017-2022 and Forecast 2023-2033, By Material

4. Global Market Analysis 2017-2022 and Forecast 2023-2033, By Insulation Type

5. Global Market Analysis 2017-2022 and Forecast 2023-2033, By End Use

6. Global Market Analysis 2017-2022 and Forecast 2023-2033, By Region

to be continued…!

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Functional Coil Coatings Market Size, Share, Demand, Growth & Trends by 2031

Rapid urbanization, rising infrastructure development, and growth in disposable incomes is elevating the construction industry. This growth is expected to bolster the demand for functional coil coatings over the forecast period. The global functional coil coatings market is experiencing healthy growth surpassing a valuation of US$ 465 Mn during the forecast period according to a recent report published by Future Market Insights. Rising demand from end use industries, mainly construction and automotive sectors is elevating market value during the assessment period.

The growing trend of sustainability is increasing the demand for clean and green buildings worldwide. This creates notable demand for solar reflective, heat management, antimicrobial and other functional coil coatings which is benefiting the market.

With the onset of the COVID-19 pandemic, awareness towards the need of preventing communicable diseases has increased tremendously. Consequently, demand for antimicrobial coatings is expected to witness remarkable growth during the forecast period.

Stringent regulations imposed in terms of composition and production of functional coil coatings by regulatory bodies is expected to be a major restraining factor. Navigating the challenges posed by these factors will prove crucial for continued growth of the global functional coil coatings market.

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Key Takeaways from Global Functional Coil Coatings Market Study

Steel coatings will account for over 75% of the global value share in 2021, owing to wider scope of applications through the construction sector. Solar reflective coatings are gaining ground with a CAGR of 5.2% through 2031, supported by applications in the transportation and infrastructure sectors. China holds the lead in East Asia with an estimated 66.5% value share by 2031, driven by a large-scale, matured chemical industry. Russia is emerging as a major market for functional coil coatings in Europe at a valuation of over US$ 13 Mn in 2021, owing to investments in the construction sector. The U.S. accounts for approximately 89.8% of the value share in North America through 2031, owing to the presence of major construction and automotive players “Rising investments in construction activities coupled with consistent growth in sales of automobiles are key factors that are expected to elevate the demand for functional coil coatings during the forecast period though 2031,” said an analyst at FMI.

Global Functional Coil Coatings Market: Participant Insights

Key coil coating manufacturers are indulging in research and development activities for product innovation and development to accommodate the changing requirements of the large-scale consumer base.

According to the market research analysis, Akzo Novel NV, JK Coil Coating Pvt. Ltd., Jotun Group, Dura Coat Products Inc., Noroo Coil Coatings, Titan Coatings Inc., Eastman Chemical Company, Modine Manufacturing Inc., Chemetall Group., ALCEA, Recubrimientos Plasticos SA, Italcoat Srl, Lord Corporation, Sherwin-Williams, PPG Industries, Axalta Coating systems, The Chemours Company, Nano-X GmbH, Ozkem Pty Ltd., Blygold International BV, HB Fuller, and many others are identified as key players in the global functional coil coatings market.

Global Functional Coil Coatings Market by Category

By Application:

Steel Coatings Aluminum coatings By Product Type:

Topcoat Primer Backing Coat Others By Function Type:

Anti-Graffiti Coating Antimicrobial coating Solar Reflective Coating Self-Cleaning Coating Self-Healing Coating Anti Dust Coating Nox Reducing Coating Photovoltaic Coating Polychromic Coating Laminating Film Fire Resistant Coating Heat Saving Coating Scratch Resistant Coating By Material Type:

Polyester Epoxy PVC/Vinyl Plastisols Acrylic Polyurethane PVDF Silicone By End-Use:

Construction Transportation Consumer Durable Goods Refrigerator Washing Machine & Dishwasher Over & Toasters Others HVAC Metal Furniture Others Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

1. Key Success Factors

To be continued…!

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Magnesium Carbonate Market Size, Share, Demand, Growth & Trends by 2032

Magnesium carbonate is largely utilized as a raw material for the manufacturing of magnesium oxide, a refractory material employed in the cement and steel industries. The global magnesium carbonate market is anticipated to expand at a steady 4.7% CAGR over the forecast period, finds Future Market Insights (FMI) in a recent market analysis.

As per FMI, geographically, the market is anticipated to be dominated by South Asia Pacific, which is expected to continue in the forthcoming years. Backed by the aforementioned factors, the global magnesium carbonate market is projected to top US$ 443.5Mn by 2032.

In recent years, companies are focusing on developing new materials with high purity at competitive prices. Magnesium carbonate, due to its small size, high porosity, and non-toxicity, is adopted in the pharmaceutical industry. Pharmaceutical grade magnesium carbonate is preferred for the treatment of hyperchlorhydria, stomach aches and duodenal ulcers. It is also used in the surging demand from the paint and inks industry as a flattening agent, rheological modifier, and translucent filler, which has increased the consumption.

Ongoing expansion of sectors such as glass and ceramics, steel, cement, paints and inks, pharmaceuticals, and paper in countries such as China and India is predicted to propel growth in Asia Pacific in the global magnesium carbonate market. Due to increasing demand from pharmaceuticals, steel, and cement sectors in nations across North America, the Middle East, and Africa are likely to augment the growth in the market.

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“Over the forecast period, sales of magnesium carbonates are expected to be driven by the growing pharmaceutical industry across the globe followed by the production of magnesium oxide and other vital end-use industries.” says an FMI analyst.

Key Takeaways:

By type, demand for light industrial magnesium carbonate is expected to surge at a 2% CAGR over the forecast period. Due to neutralization property of magnesium carbonate, it has been broadly used for making antacid. Demand in the antacid segment is anticipated to grow at 5.2% CAGR during the assessment period. In terms of end use, sales in the personal care & cosmetics segment will grow at a 4.3% CAGR through 2032. The magnesium carbonate market in the U.S. is anticipated to expand at a 4.5% CAGR through 2032. China will emerge as an attractive magnesium carbonate market, with sales growing at a 5.6% CAGR. Competitive Landscape

Key players in the global magnesium carbonate market included in the report are Hebei Meishen Technology Co., Ltd, Konoshima Chemical Co., Ltd., Kyowa Chemical Industry Co., Ltd., Lehmann & Voss & Co. KG, Naikai Salt Industries Co., Ltd., Dr. Paul Lohmann GmbH KG, and NUOVA SIMA Srl.

Leading players operating in the global magnesium carbonate market are focusing on increasing the utilization of magnesium carbonate in pharmaceuticals and personal care & cosmetics industries. Further, they are aiming to expand their production facilities and distribution channels. For instance:

In May 2021, J.M. Huber Corporation (Huber) signed a final agreement with RHI Magnesita (RHIM) to acquire their 50% ownership stake in the company’s 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG. Magnesium Carbonate Market by Category

By Type:

Light Magnesium Carbonate Heavy Magnesium Carbonate By Application:

Antacid Smoke Suppressant Additives & Fillers Drying Agent Whitening Agent Reinforcing Agent By End Use:

Magnesium Oxide Pharmaceuticals Personal Care & Cosmetics Paints & Inks Plastic & Rubber Pulp & Paper Fire Extinguishing Composition Others By Region:

North America Latin America Europe East Asia South Asia & Pacific Middle East & Africa 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

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

1. Key Success Factors

TOC continued…!

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