futurechemical

Sodium Metabisulphite Market Size, Share, Demand and Trends by 2022-2028

A new decadal study presented by top research firm Future Market Insights studies the demand patterns, trends, and growth scenario of the global sodium metabisulphite market during the period 2022 – 2028. Market projections reveal revenue from the sales of sodium metabisulphite to reach a value of US$ 266.5 Mn by 2028, up from an estimated US$ 159.1 Mn by 2022 end. This is reflective of a CAGR of 5.3% during the aforesaid timeline.

The report focuses on the key applications of sodium metabisulphite across different end-use industries and throws light on the various factors impacting growth in sales of sodium metabisulphite during the period of study. Food & Beverages Industry to Project Sustained Demand for Sodium Metabisulphite; Mining to Emerge Lucrative End-use Sector in the Coming Years

Sodium metabisulphite is predominantly used in the food and beverages industry as a preservative in dried food products and to enhance the shelf life of fruit juices. However, Future Market Insights predicts demand for industrial grade sodium metabisulphite from the mining and water treatment sectors to surge in the near future. In the mining industry, sodium metabisulphite finds application as a reducing agent to remove cyanide. Sodium metabisulphite is also used in water treatment as an anti-chlor agent to remove chlorine and heavy metals from water prior to releasing it into natural sources.

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The textile industry utilises sodium metabisulphite as a bleach to brighten fabric and remove stains and it is also used in the paper and pulp industry as a bleaching agent. These wide applications of sodium metabisulphite have boosted demand across industries, upping revenue in the global market for sodium metabisulphite as a result.

Revenue from the Sales of Sodium Metabisulphite to Receive a Fillip Owing to Burgeoning Demand Across Industries

An increasing demand from the food and beverages industry is a key revenue growth driver for the global sodium metabisulphite market. Besides application as a preservative and to improve product shelf life, sodium metabisulphite is used as a dough softener in bakery products. Sodium metabisulphite finds application in the mining industry for cyanide detoxification in gold mining and also as a source of sulphur dioxide for the destruction of cyanide in the process of commercial gold cyanidation.

Over the years, several stringent laws have been imposed on gold extraction plants to completely eliminate cyanide and metal cyanide complexes before final discharge into the environment. This has increased the adoption of sodium metabisulphite in the mining industry.

As an anti-chlor agent, sodium metabisulphite removes chlorine from water and is extensively used in municipal and industrial water treatment facilities. With declining availability of fresh sources of water, rising levels of water pollution, and climatic changes, governments and global environment protection associations have implemented stringent regulations to conserve existing water resources and reduce water pollution. This has led to an increase in demand for sodium metabisulphite used in the chemical processing of water.

Manufacturers of Sodium Metabisulphite to Expand Production Capacity to Meet Rising Demand from End-use Industries

Rapidly growing demand from the mining and water treatment industries has pushed manufacturers of sodium metabisulphite to increase their production capacity to meet product requirements from multiple industries. A key trend being observed in the global sodium metabisulphite market is the increase in dependence on imports from China.

China is the leading producer and consumer of sodium metabisulphite given the easy availability of raw material in the country and presence of a large number of local manufacturers of sodium metabisulphite. Companies functional in the global sodium metabisulphite market find it convenient to import sodium metabisulphite at reduced prices from Chinese manufacturers. This is further expected to boost revenue growth in the global sodium metabisulphite market in the near future.

Sodium Metabisulphite Industry by Category

By Grade:

Food Grade Industrial/Technical Grade By Application:

Preservative Floating Agent Bleaching Agent Anticlor Agent Chemical synthesis OthersChemical Intermediates Sealents By End Use Industry:

Food and Beverage Industry Photography and Film Water Treatment Mining Textile Paper and Pulp Chemical Others By Region:

North America Latin America Eastern Europe Western Europe SEA and Pacific China Japan Middle East & Africa Browse Full Report: https://www.futuremarketinsights.com/reports/sodium-metabisulfite-market

Vinyl Flooring Market Size, Share, Demand and Trends by 2022-2028

Future Market Insights’ newly published market report, ‘Vinyl Flooring Market: Global Industry Analysis and Forecast, 2022-2028,’ examines the vinyl flooring market and offers crucial market insights for the next ten years.

The valuable insights encapsulated in the report highlights that the plank segment is expected to remain a leading segment in the market in terms of format, recording a CAGR of 6.8% during the forecast period (2022 – 2028).

In addition, the segment is expected to account for around 40.0% share of the overall market value throughout forecast period. Globally, the vinyl flooring market is projected to reach US$ 41,578.70 Mn by the end of 2028.

Global Vinyl Flooring Market: Key Dynamics

Increasing number of infrastructural activities in both developing and developed countries have continued to contribute towards growth of the global vinyl flooring market. To offer versatile, water-proof and stain-resistant floorings, prominent manufacturers are focusing on utilizing digital printing and 3D printing techniques for developing vinyl planks and products.

These technological advancements enable the end users to duplicate any original material, such as gravel, wood, metal and others. For instance, Tarkett in collaboration with Philip lighting has launched LED embedded tiles that can guide people to any location (store/building)

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With the increasing number of small and medium business, demand for infrastructure continues to persist. In addition, constructors are focusing on building healthcare infrastructures near the residential areas.

In pace with the increasing number of construction projects, growth of the vinyl flooring market is likely to gain a speedy momentum during the assessment period.

To offer convenience to the end users in the residential industry, leading manufacturers are focusing on developing a wide array of vinyl flooring that are waterproof and easy to clean.

Also, vinyl flooring is considered as decorative flooring due to the recent upgrades, such as resemblance to ceramic or other contemporary looks (petrified wood or stained concrete). Also, vinyl flooring is preferred for high-traffic areas as it is durable, trendy and available with built-in adhesive

Global Vinyl Flooring Market: Forecast

On the basis of vinyl flooring application, the commercial segment is expected to witness significant growth in terms of volume during the forecast period.

As per the forecast, the commercial segment is estimated to account for more than 56.5% share in the overall market value by the end of the forecast period. This is largely due to the massive applications of vinyl flooring in various innovative constructions.

On the basis of region, Western Europe is anticipated to dominate the global vinyl flooring market throughout the forecast period. Western Europe market is expected to expand at around 7.3% CAGR. SEA & Pacific region is anticipated to record robust CAGR in the global vinyl flooring market throughout 2028.

These two regions coupled with North America and China are expected to register impressive growth rates in the global vinyl flooring market over the assessment period.

Global Vinyl Flooring Market: Competitive Landscape

Some of the players identified in the global vinyl flooring market include Tarkett, AFI Licensing LLC, Mohawk Industries, Inc., Forbo Group, C.I. TAKIRON Corporation, Responsive Industries Ltd., TOLI Corporation, JAMES HALSTEAD PLC, Interface, Inc., Mannington Mills, Inc., Gerflor, Shaw Industries Group, Inc. and among others. Leading players are focusing on incorporating advanced technology to optimize their performance.

Vinyl flooring manufacturers are concentrating on strategic acquisitions to broaden their growth prospects in the competitive market. These factors are expected to reflect positively on the growth of the global vinyl flooring market over the coming years.

Vinyl Flooring Market by Category

Format:

Sheet Plank Tile Product Type:

Inlaid Printed Application:

Residential Commercial Healthcare Hospitality Retail & Offices Others Industrial Region:

North America Latin America Western Europe Eastern Europe South East Asia and Pacific China India Japan Middle East and Africa Browse Full Report: https://www.futuremarketinsights.com/reports/vinyl-flooring-market

Microcrystalline Cellulose Market Size, Share, Demand and Trends by 2022-2028

The global microcrystalline cellulose market is expected to create an opulent growth opportunity in the global arena by exhibiting a stable CAGR of 4.7% throughout the forecast period from 2022 to 2028. Sales in the global microcrystalline cellulose market are valued at US$ 619.80 Mn in 2022 and are expected to surpass US$ 818 Mn in 2028.

According to the detailed analysis by Future Market Insights, the variation between the BPS values observed in the Microcrystalline Cellulose market in H1, 2022 – Outlook over the first half of 2022 Projected reflects a spike of 20 basis point share. However, compared to the first half of 2021, the market is expected to gain about 90 BPS in the first half of 2022.

Future Market Insights has presented a half-yearly growth comparison forecast for the microcrystalline cellulose market’s key developments and other prominent market aspects. The demand for microcrystalline cellulose is on the rise due to its extensive end-use application in industries such as cosmetics & personal care, pharmaceuticals, and food & beverages among others.

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Key Takeaways

Sales in the microcrystalline cellulose market are expected to surge over the forecast years due to drastic changes in consumer preference for plant-based ingredients in cosmetics and personal care products. Owing to these shifting consumer preferences have led to a higher demand for microcrystalline cellulose in the global market. The innovation of non-wood-based alternatives crafted from agricultural waste has augmented growth in the microcrystalline cellulose market. Furthermore, its rising demand in various industries including paints & coatings, personal care & cosmetics, and pharmaceuticals is expected to continue steering the growth of the market. The food & beverage sector is expecting to surge in demand for microcrystalline cellulose owing to the growing demand for processed food like bakery products and dinner ready-to-eat food are expected to drive growth in the market. Its increased usage in meat products, bakery & confectionery, and dairy products will push sales in the market. The rapid demand for microcrystalline cellulose witnessed an opulent growth during the first half of the forecast period from the pharmaceuticals industry due to its increasing utilization in pharmaceuticals drugs & medicines production. In addition to that, the surging demand for processed food is another vital reason to bolster growth in the market size. Microcrystalline cellulose is derived from refined wood pulp and is widely used as a fat substitute, anti-caking agent, texturizer, extender, emulsifier, and bulking agent in various food and beverage products. Besides its usage in the food & beverage industry, microcrystalline cellulose finds applications in the pharmaceutical sector in the production of chewable tablets and topical ointments. Rising demand for the personal care & cosmetics industry is creating lucrative growth opportunities in the microcrystalline cellulose market. Competitive Landscape

Manufacturers and key market players are heavily investing in technology to integrate microcrystalline cellulose (MCC) as an exfoliating agent in the personal care products such as face washes, body scrubs, and foaming powders.

The key market trends that are willing to accelerate microcrystalline cellulose market growth facilitate enhancements through acquisitions, expansions, and collaborations along with hefty investment in research & development.

Amidst the global pandemic, pharmaceutical companies have surged their research and development efforts in order to help the development of novel drugs and other active pharmaceutical ingredients (APIs) which will propel the market growth across the forecast period.

More Insights into the Microcrystalline Cellulose Market

The North American region is expected to register opulent growth over the forecast period, as the market accounts for 24.9% of the total revenue share in the global market in 2022. The United States market is expected to grow at a robust CAGR of 4.6% over the assessment period.

The United Kingdom is expected to dominate the global microcrystalline cellulose market by securing around 67.4% of the total market share in 2022. According to FMI reports, the U.K. is projected to surge at a 3.1% CAGR with the ongoing expansion of the pharmaceutical and healthcare sectors. These factors will continue boosting the market across the assessment period.

India is projected to showcase lucrative growth opportunities across the forecast period by exhibiting a healthy CAGR of 7.1% throughout the forecast period. The increasing production and consumption of processed and ready-to-eat foods have led to a surge in the microcrystalline cellulose market in developing countries like India.

Microcrystalline Cellulose Market by Category

Material:

Wood-Based Non-Wood Based Applications:

Food & Beverages Pharmaceuticals Cosmetics & Personal Care Paints & Coatings Region

North America Latin America Europe East Asia South Asia Oceania Middle East & Africa Browse Full Report: https://www.futuremarketinsights.com/reports/microcrystalline-cellulose-market

Technical Coil Coatings Market Size, Share, Demand and Trends by 2022-2027

Technical coil coating is a process in which a coating material is applied on the metal strip in a continuous process. A new research report by Future Market Insights titled “Technical Coil Coatings Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2027” forecasts that the global technical coil coatings market is expected witness a steady growth with a CAGR of 4.9% during the study period 2022 – 2027. The technical coil coating process involves chemical pre-treatment of the metal surface on either one side or both the sides. The process is used in many industries like construction, transportation, furniture etc.

According to the report, the global market for technical coil coatings is anticipated to reach a market value of over US$ 13.0 Bn by the end of 2027. APEJ and MEA are expected to hold a significant market potential in the global technical coil coatings market. Manufacturers are also expected to bring in to the market several latest technologies such as water based products, e-coatings and UV primers. These are radiation curable paint systems, which are expected to appeal to the masses and bring profits for businesses.

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Global Technical Coil Coatings Market: Drivers

An exceptional increase in the demand for corrosion free products has helped further the revenue growth of the global technical coil coatings market. The rise in demand for high-quality products to be used in the manufacturing of various consumer durable goods as well as in the electricity and power sector is being witnessed. People are also demanding more of finished goods for domestic as well as commercial use. There is also an increase in investments in the coatings market.

All these factors have highly contributed to the growth of the global technical coil coatings market. Companies are even increasing local manufacturing to strengthen their presence in the regional market. Most of the companies enter the market with support from local suppliers. These companies later strengthen their presence by strategically acquiring local partners/suppliers in the region.

Global Technical Coil Coatings Market: Segmental Analysis

Among the various regional markets, Asia Pacific Excluding Japan is expected to witness the fastest growth. The region is also anticipated to hold the largest market share with a valuation of over US$ 700 Mn by the end of 2027 In terms of product type, both top coats and primers are expected to turn out to be the most attractive segments with the fastest growth rate during the forecast period On the basis of material type, polyester is the dominating segment in the global market, with an estimated market share of over US$ 1,600 Mn by the end of 2027 Based on application, steel is the dominant segment with a projected market value of over US$ 1,700 Mn by the end of 2027. The steel market is expected to grow at a CAGR of 4.8% during the forecast period On the basis of end user, the body panel segment is likely to hold maximum market value share and growth rate during the forecast period Global Technical Coil Coatings Market: Competitive Analysis

According to the research report, the top four players/manufacturers account for around 30% – 33% of the overall market share. The report comprises a brief profile of all the major players in the industry. These profiles depict the current and future strategies of all the businesses involved in this market. The research also lists the top five players in the global technical coil coatings market – Akzo Nobel N.V., Beckers Group, Axalta Coating Systems Ltd, PPG, Industries Inc. and The Valspar Corporation. Some of the other players profiled in this report include Nipsea Group, Kansai Paint Co., Henkel AG & Co. KGaA, The Chemours Company, and Axalta Coating Systems Ltd.

Technical Coil Coatings Market by Category

By Material Type

Polyester Epoxy PVC/Vinyl Plastisols Acrylic Polyurethane PVDF Silicone By Product Type:

Topcoats Primers Backing Coats Others By Technology

Topcoats Primers Backing Coats Others By End Use

Transportation Consumer Durable Goods HVAC Metal Furniture Others By Application:

Steel Coating Aluminum Coating By Region:

North America Western Europe APEJ Latin America Eastern Europe MEA Japan Browse Full Report: https://www.futuremarketinsights.com/reports/technical-coil-coatings-market

Pour Point Depressants Market Size, Share, Demand and Trends by 2022-2028

The growth in the automotive industry has provided the global pour point depressants market a substantial push towards development. The growing oil trade and consumption across cold regions has triggered the demand for pour point depressants. Future Market Insights (FMI) has published a new research report on pour point depressants. The report has been titled “Pour Point Depressants Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028.”

According to the report, the global pour point depressants market is expected to exhibit a CAGR of 3.2% from 2022 to 2028. The market was worth US$ 1.97 Bn in 2022 and is projected to reach a valuation of US$ 2.46 Bn by the end of 2028.

The exploding population will translate to a rise in the demand in the automobile and industrial sectors. This tremendous rise in demand will escalate the consumption of pour point depressants based products across the globe.

In order to meet the increasing requirements of consumers, companies operating in the global market are pulling up their socks and are entering into mergers and acquisitions in order to expand their consumer base and also facilitate product expansion.

In 2017, BASF PETRONAS Chemicals started a new plant for the engineering of HR-PIB, an important intermediate used in the manufacturing of high performance fuel and lubricant additives. The annual capacity of the company’s plant in Gebeng, Kuantan, Malaysia is 50,000 MT.

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Automotive Industry to be the Biggest Support System of the Global Market

The burgeoning urbanisation, industrialisation, and economic growth across the globe is advancing the demand for automobiles in the worldwide market. This in turn is accelerating the demand for pour point depressants to be used in lubricants additives, which can hence withstand the low temperatures in American and European countries. The growing disposable income of people is compelling investors to invest more in the automotive industry.

The ever increasing demand for vehicles has encouraged automobile manufacturers to improve production output to accommodate growth, thereby positively impelling lubricant additives sales in the global automotive market. Consumers, at present, prefer premium quality lubricants, which will enhance the performance of the engine and prevent any kind of engine related issues. This is expected to further boost the demand for pour point depressants in the lubricant industry.

Rules Governing Automotive Emissions to Act as a Roadblock to Revenue Growth

Examining the effect of carbon emissions from automobiles, several governments and regulatory bodies are enforcing strict regulations on automobile manufacturers. Petrol- and diesel-based automobiles are the core reasons behind air pollution as they emit a significant amount of nitrogen oxide, carbon monoxide, and other pollutants into the air. Adding to this, transportation is responsible for over half of nitrogen oxides and carbon monoxides and nearly a quarter of the hydrocarbons released into the atmosphere. As a result of such regulations, automobile manufacturers are looking to manufacture CNG vehicles, causing a challenge for the market for pour point depressants.

Competitive Landscape

Leading players operating in the pour point depressants market are constantly upgrading their product portfolios. They have adopted various organic and inorganic strategies such as partnerships, advanced product launches, collaborations, price reduction, acquisitions and establishment of new facilities to gain a competitive edge in the market. For instance,

In September 2019, Clariant Oil Services launched a breakthrough WAXTREAT SubZero pour point depressant technology for cold climatic regions. The technology will help oil production companies to overcome the challenges associated with the transportation of waxy crude oils. In November 2021, Evonik announced Brenntag Bulgaria EOOD as its new distribution partner in Greece. In November 2019, Evonik expanded its production capabilities for polyalkylmethacrylate based viscosity modifiers to meet the rapidly rising demand. The other companies operating in the global pour point depressants market are Akzo Nobel N.V., Evonik Industries AG, Clariant, Chevron Corporation, NewMarket Corp., Shengyang Greatwall Lubricant Oil Co., Ltd., and Puyang Jiahua Chemical Co., Ltd., among others.

Pour Point Depressants Market by Category

By Chemical Compositions:

Poly Alkyl Methacrylate Styrene Ester Alkyl Aromatic Polymer Alkylated Polystyrene Others By Base Oil Additives:

Group I Group II Group III By End Use Industry:

Lubricants Industrial Automotive Marine Aviation Oil & Gas Exploration & Production Refining By Region:

North America Latin America Western Europe Eastern Europe South East Asia Japan China MEA Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

1. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

1. Pour Point Depressants Market Background

2. Global Pour Point Depressants Market Analysis 2013–2021 and Forecast 2022–2028

To be continued…!

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Styrene Butadiene Rubber Market Size, Share, Demand and Trends by 2022-2032

The global styrene butadiene rubber market is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Mn in 2022 and is anticipated to surpass US$ 18,079.6 Mn by 2032.

As per the historic analysis of FMI, styrene-butadiene rubber sales grew at a CAGR of 5.2% between 2016 and 2021, owing to the use of rising applications including tires, footwear, and polyurethane adhesives among other. The rising demand for synthetic and processed rubber is predicted to improve the sales of styrene-butadiene.

End-use industries are rapidly inclining towards synthetic rubber over natural rubber in the automotive tire industry which is expected to bolster growth in the styrene butadiene rubber market. Over recent years, the use of synthetic rubbers such as styrene-butadiene has witnessed impressive growth due to technological advancements coupled with rising applications in the industrial and automotive sectors. Backed by these factors, Future Market Insights (FMI) expects styrene butadiene rubber sales to reach US$ 18,079.6 Mn in 2032.

Key Factors

The styrene-butadiene rubber is becoming the consumer’s preferable choice because of its impeccable properties such as excellent heat resistance, low rolling resistance, wear resistance, and abrasion resistance. Therefore, end-users are inclining toward styrene butadiene rubber in the automotive industry. These above factors are expected to fuel the expansion of the global styrene butadiene rubber market in the coming years.

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Due to the rise in sales of automobiles all over the world, the demand for styrene butadiene rubber is predicted to surge over the forecast period (2022-2032). As per the segmentations, the solution SBR segment is likely to witness the fastest growth during the forecast period.

Demand for solution SBR is predicted to increase in the footwear application, fueling the sales in the market. As per the studies, styrene-butadiene rubber is considered to be the most processed and synthetically manufactured rubber.

The production of products and parts of products including car tires, mechanical rubber equipment or machine parts, and shoe soles, among others, are all made of this product. One of the major key factors expected to drive its growth in the styrene butadiene rubber (SBR) market is rising demand from the tire manufacturing industry.

In addition to that, surging demand for new automobiles and replacement tires along with the rising interest for synthetic rubber over industrial rubber is expected to fuel market growth. Styrene butadiene rubber has inherent advantages in terms of stability and physical properties, driving growth in the market.

Competitive Landscape

Leading manufacturers of styrene butadiene rubber primarily focus on developing sustainable butadiene in order to avoid being impeded by stringent government rules that restrict the use of chemically manufactured butadiene in various regions. To efficiently fit into the increasingly popular circular economy trends, SBR manufacturers are focusing on achieving sustainability in their business models.

Styrene Butadiene Rubber Market by Category

By Type:

Emulsion SBR (E-SBR) Solution SBR (S-SBR) By Application:

Tires Footwear Gaskets & Hoses Adhesives & Sealants Conveyor Belts Electric By Region:

North America Latin America East Asia Europe South Asia & Pacific Middle East & Africa More Insights into the Styrene Butadiene Rubber Market

The U.S. is considered to dominate the global styrene butadiene rubber market in the North American region. Due to the rising popularity of electric vehicles, the overall sales of automobiles in the U.S. are expected to spur over the estimation period. This will also surge the demand for tires, which will in return boost sales of styrene butadiene rubber and styrene butadiene rubber latex.

Styrene butadiene rubber suppliers in the U.S. will also be benefitted from lucrative business opportunities brought on by the presence of leading industry players in the country. These aforementioned factors are anticipated to boost the growth in the U.S. styrene butadiene rubber market during the forecast period.

Attributed to the strict government initiatives and thriving automotive industry has encouraged the growth of the manufacturing sector, opportunities for suppliers of styrene butadiene rubber are expected to boost the market. Styrene butadiene rubber (SBR) demand witnessed a noticeable increase in China by registering a growth of 6.3% throughout the forecast period.

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Sulfuric Acid Market Size, Share, Demand and Trends by 2022-2032

According to research conducted by Future Market Insights on global sulfuric acid market, demand for sulfuric acid is set to grow at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Mn by the end of the forecast period (2032). The market has been significantly influenced by certain macro-economic and industrial factors including chemical industries development, rapid economic boom, expansion of manufacturing sector, and growth of agricultural industry.

Sulfuric acid, also known as oil of vitriol, is a strong mineral acid that finds application in diverse industries including metal extraction, agriculture, pharmaceuticals, and textiles.

It has become a key constituent utilized for the manufacturing of phosphate-based fertilizers. Thus, need for increasing the crop production all over the globe will indirectly push the demand for sulfuric acid during the forecast period.

Similarly, development in the chemical industry and growing demand for catalyst in the processing industries are also expected to boost the growth of sulfuric acid market.

Moreover, growing demand for metals ignited by increasing infrastructural activities across emerging regions of Latin America, South Asia Pacific and Africa is expected to support the growth of sulfuric acid market during the forthcoming years.

As sulfuric acid is being increasing used in metal production and processing, rising consumption of metals will eventually create prospects within the global sulfuric acid market.

Despite several positive growth prospects, the market is witnessing certain challenges which are expected to restraint the growth outlook. Certain growth hampering factors includes stringency in environment regulations, increase in raw material pricing and commodity chemical pricing, etc.

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“Consistently growing demand from end-use industries, particularly fertilizers, metal production and processing, and petroleum refining is driving the demand for sulfuric acid,” said an analyst at FMI.

Key Takeaways from Sulfuric Acid Market Study

By purity type, standard sulfuric acid segment is estimated to create an incremental dollar opportunity of about US$ 6,701.7 Mn during the forecast period of 2022 and 2032. Based on application, the fertilizer segment is expected to account for about 3/5th of the sulfuric acid consumption. North America and Europe are expected to collectively hold around 37% of the overall market share. The MEA sulfuric acid market is projected to grow at a relatively higher CAGR of 3.5% between 2022 and 2032. Demand for sulfuric acid to grow at a moderate CAGR of 2.3% in the U.S. market during the forecast period. Competitive Landscape

The market of sulfuric acids is estimated to be a consolidated market, where leading players are expected to account for a key share of the market. Some of the top sulgfuric acid manufacturers includes BASF SE, Ineos Group Ltd, KANTO Corporation, Aurubis AG, Avantor Performance Materials, LLC, PVS Chemicals Inc., Seastar Chemicals, KMG Chemicals, Qingdao Hisea Chem Co. Ltd., Linde Group, Nouryon, Cornerstone Chemical Company, Ma’aden – Saudi Arabian Mining Company, Canada Colors and Chemicals Limited, Hubei Xingfa Chemicals Group Co., Ltd, Asia Union Electronic Chemical Corporation (AUECC), Tata Chemicals, Trident Group, Boliden Group, UBE INDUSTRIES, LTD., Sumitomo Chemical Co., Ltd., Tayca Corporation.

These key players are focusing on increasing their production capacity to enhance their market footprint all over the globe and to gain traction in the market. Further certain key players are focusing on investing in ultra-pure sulfuric acid production owing to rising demand from electronic industry.

For instance, In July 2021, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd. and its fully-owned subsidiary Zhejiang Jiafu New Material Technology Co. Ltd. signed an agreement to further expand the production capacity of electronic-grade sulfuric acid in Jiaxing, China.

Sulfuric Acid Market Segmentation

By Purity Type:

Standard Ultra-Pure By Raw Materials:

Elemental Sulfur Base Metal Smelters Pyrite Ores Others By Application:

Fertilizers Petroleum Refining Metal Production & Processing Steel Pickling Copper Production Metal Surface Cleaning Others Wastewater Treatment Chemicals Production Textile Processing Pulp & Paper Production Semiconductor & Electronics Battery Electrolyte Integrated Circuit Components Fabrication Photovoltaic Cells Pharmaceuticals Domestic Cleaning Products Others By Region:

North America Latin America Europe East Asia South Asia & Pacific Middle East & Africa Browse Full Report: https://www.futuremarketinsights.com/reports/sulfuric-acid-market

Electronics Cleaning Solvents Market Size, Share, Demand and Trends by 2022-2029

The global market is projected to witness a growth rate of 5.9% over the forecast period of 2022 and 2029. Future Market Insights (FMI) has estimated the market of electronics cleaning solvents to witness a year over year growth of 5.9% in 2022 reaching a value of about US$ 1,134.0 Mn by the end of 2022.

Electronics cleaning solvents add to the functional quality and longevity of electronic components and products; hence, these have been gaining higher importance in the electronics industry. Certain solvents also impart high insulation resistance characteristics to components and devices, which boots their demand for electronics cleaning. The electronics cleaning solvents market is constantly advancing, and superior methods and products are being developed to concur with advancements in the electronics field.

The introduction of low-cost electronics cleaning solvents, such as hydrofluoroethers (HFEs), which are designed to effectively remove solder flux residue from printed circuit boards, along with their environmental and safety advantages over chlorinated solvents and ozone-depleting hydro-chlorofluorocarbons (HCFCs), is expected to drive the demand for electronics cleaning solvents further. The global electronics cleaning solvent market is projected to exhibit a value CAGR of 5.9% during the forecast period of 2022-2029.

“Stringent regulatory environmental norms have compelled manufacturers to focus on products that result in minimal ozone depletion and contribution to global warming. One such product type, fluorinated solvents, is witnessing significant demand, and is expected to establish higher prominence in the electronics cleaning solvents market until a better alternative surfaces.”

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Key Takeaways of Electronic Cleaning Solvents Study

Fluorinated solvents product type is anticipated to grow at a healthier rate. Its market share is projected to increase due to its zero ozone depletion potential, low global warming potential, and high solvency. The separated co-solvent process uses formulated hydrocarbon solvents as cleaning solvents, and is extensively used in the PCB industry, owing to the extraordinary cleaning results it provides. Formulated hydrocarbon solvents have developed new opportunities in the electronics cleaning solvents market over the years, and the segment is projected to witness strong market growth, supported by rising preference for this type in PCB and electronic industries. APEJ and Japan, together, have established a lion’s share in the electronics cleaning solvents market, owing to the expanding electronics and electrical industry in the region. Together, the region holds over 70% of the electronics cleaning solvents market share. Moreover, the electronics industry in the region is still at a growing stage, and is anticipated to flourish over the coming years. The electronics industry is focusing on electronics miniaturization; hence, nanotechnology and micro electromechanical systems (MEMS) are growing in functionality as well as acceptance in a majority of applications among various industries such as consumer electronics, automotive, aerospace, medical devices, and others. Market Landscape Moving towards Fragmentation

The electronics cleaning solvents market is partially consolidated, with the presence of a large number of market players in both, tier I and II brackets. However, as the electronics industry is becoming highly competitive and fragmented year-by-year, the electronics cleaning solvents market is also anticipated to move towards fragmentation.

As the number of tier II and III players in the end-use sectors increases, the market is bound to witness an increase in tier II & III manufacturers to cope up with the increase in demand at variable prices.

3M, Albemarle Corporation, Asahi Glass Co. Ltd., LyondellBasell Industries Holdings B.V, Honeywell International Inc., Dow Chemical Company, Chemours Company, and Solvay SA, BASF SE are some of the established manufacturers in the electronics cleaning solvents market. Tier I participants are anticipated to face strong competition from tier II & III players over the foreseeable future.

Electronics Cleaning Solvents by Category

By Product:

Formulated Hydrocarbon Solvents Glycols & Glycol Ethers Fluorinated Solvents Brominated Solvents Light Petroleum Distillates By Cleaning Process:

Vapor Phase Degreaser Vacuum Cleaning Mixed Co-solvent Separated Co-solvent Semi-aqueous By Region:

North America Latin America and Middle East & Africa (LAMEA) Europe Asia Pacific Excluding Japan (APEJ) Japan Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

2.3. Parent Market Overview

1. Market View Point

3.1. Key Success Factors: Electronics Cleaning Solvents Market

3.2. Electronics Cleaning Solvents Selection Criteria: End Users

3.3. Macro-Economic Factors

3.4. Market Dynamics

1. Global Electronics Cleaning Solvents Market Analysis 2014-2021 and Forecast 2022–2029

To be continued…!

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Countertop Market Size, Share, Demand and Trends by 2022-2026

The global countertop market is slated to reach a valuation of US$ 709.7 Bn in the year 2026 and exhibit a moderate CAGR during the period of forecast.

Also, with a renewed impetus that is being witnessed in the construction industry, the global countertop market is also benefitting due to this trend as most of the new countertops are installed in the kitchens of new homes and in the renovation of the old homes as well.

Also, with the interest rates historically low in the key market of United States, and with the banks being generous in extending the line of credit to the consumers, there is a rising amount of money being spend on the construction and renovation of homes, thereby directly benefitting the global countertop market.

The global countertop market is exhibiting a steady growth throughout the world due to a rise in the disposable incomes and a rise in the employment levels, especially in the key markets of North America and APEJ.

In addition, the consumers are increasingly preferring granite stone as their choice of countertop, due to the fact that the prices of granite are dropping.

This is especially true for the markets in the United States, where there is a huge availability of granite stone in the mass markets due to a plethora of supply because of the rising low cost imports of granite during the last decade. This factor, coupled with the fact that consumers are preferring granite due to its high aesthetic appeal, is making the granite stone most popular choice for the countertops.

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Are Home Refurbishment Activities Propelling the Countertop Market Growth?

The surging money lending activities from banks and increasing mortgage refinances across the globe are leading to the easy availability of more credits for the refurbishment of existing homes. The rising installation of prefabricated countertops during kitchen renovations and new home construction is estimated to accelerate the market.

According to the Australian Bureau of Statistics, in September 2021, the construction of 35,521 new private sector houses and 56,617 new dwelling units were initiated in the country. The total value of construction work done in the same month was US$ 30,556.7 million. This trend is set to continue in the other parts of the world throughout the forthcoming years, thereby driving the demand for modern kitchen countertops.

4 Forecast Highlights on Global Countertop Market

As per the forecast of Future Market Insights, the solid surfaces material type segment is slated to touch a value of nearly US$ 34,750 Mn in the year 2026. This represents a moderate CAGR growth during the assessment period of 2022-2026. The solid surfaces material type segment was estimated to account for nearly one-fourth of the revenue share of the material type category by the year 2022 and is expected to lose in market share by the year 2026 end. As per the assessment of Future Market Insights, the non-residential segment will reach a valuation of nearly US$ 101,060 Mn in the year 2026. This represents a robust CAGR growth during the period of assessment. The non-residential segment was estimated to account for more than two-thirds of the revenue share of the end use industries category in the year 2022 and is expected to gain market share by the end of the year 2026. As per the estimates of Future Market Insights, the new construction segment is slated to reach a valuation of nearly US$ 94,850 Mn in 2026. The new construction segment is expected to gain market share by the end of the year 2026. The largest share is contributed by the APEJ region in the new construction segment. Future Market Insights forecasts the US countertop market to grow from US$ 16,928.6 Mn in 2022 to US$ 25,707.9 Mn in 2026. This represents a compound annual growth rate (CAGR) of 4.8% from 2022 to 2026. Competition Landscape

The report has also profiled leading players in the global market for countertops, which will remain active through 2026. These include companies such as Cambria, E. I. du Pont de Nemours and Company, Caesarstone Ltd., Asian Granito India Ltd., Pokarna Ltd, AKG Group, Illinois Tool Works Inc., Aro Granite Industries Ltd., Cosentino Group, Vicostone and Silestone.

Countertop Market by Category

By Material Type:

Granite Solid Surfaces Laminates Engineered Quartz Marble Others By End Use Industries:

Residential Non-Residential By Construction Activity:

New Construction Renovation By Region:

North America Latin America Europe Japan APEJ MEA Browse Full Report: https://www.futuremarketinsights.com/reports/countertop-market

Metallic Stearates Market Size, Share, Demand and Trends by 2023-2033

Development of advanced production facilities to cater Metallic Stearates market prospects; Market leads towards a sizeable share of US$ 4.0 Bn by 2033

The increased use of metallic stearates in numerous end use sectors is responsible for the market expansion.

They are used as antistatic agents for dry impregnation in the textile sector. They serve as assist in the swelling and suspension of additives like pigments in printing ink processes. Additionally, metallic stearates are included in cosmetics and personal care items like shampoos, eyeliners, lipsticks, sunscreen, medicinal ointments, and foot powders due to their hydrophobic qualities, which stop the goods from collecting water and clumping together. Consumers’ increased purchasing power and the general public’s increasing awareness of beauty are both contributing to the market’s expansion.

In addition, the top players are creating thermostable metallic stearates, which exhibit exceptional color stability in transparent or vividly colored thermoplastics processed at high temperatures.

The use of metallic stearates in the metal processing and construction sectors is expected to increase as a result of these advances.

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Key Takeaways from the Metallic Stearates

Countries such as the United States are the global hub for the most highly valued personal care and wellness products, which would likely to lead the market towards a revenue share of US$ 761.7Mn by 2033 With a revenue share of 41.2%, Asia Pacific was the largest geographical market in 2020. Strong economic expansion in Southeast Asia, China, and India over the past few years has increased demand for the product in a variety of applications. Currently, Germany holds dominance with a growth rate of 4.2% in Western Europe. The automotive and aerospace sector in Germany is constantly developing which is creating immense demands for metallic stearates. Zinc stearates dominated the product segment with the highest growth rate of 4.1% as in the plastic and rubber industries, they serve as lubricants and release agents. Additionally, magnesium stearate improves the capsule’s quality. As a result, it is predicted that, among all applications, the pharmaceuticals category would hold a market share of 15.8% from 2023 to 2033. In terms of both volume and revenue, the plastics and polymers section became the fastest-growing (4.5%) application segment in 2020. The plastics sector primarily uses metallic stearates as lubricants, acid scavengers, and releasing agents. It is essential to the melting process as well. Competitive Landscape

Product expansions and distinctiveness have a favorable impact on the major players. Manufacturers prioritize creating goods with better surface characteristics. One of the main areas of emphasis for producers is the addition of stearic acid derived from vegetable oil. To gain greater participation in the value chain, companies place a strong emphasis on new product launches, capacity expansion, and collaborations.

Latest Developments

To distribute Synpro Metallic Stearates throughout Mexico, Kigo Chemical and Valtris Specialty Chemicals signed a distribution deal in September 2020. The alliance with Valtris Speciality Chemicals, a market-leading manufacturer of metal stearates and specialty additives, was announced by Ravago Chemicals North America (RCNA) in October 2020. The Life Ingredients Division’s Food, Nutraceutical & Pharmaceutical (FNP) and Personal Care divisions will get the Valtris components from RCNA through its current product portfolio.

Metallic Stearates Market

Metallic Stearates by Product Type:

Zinc Stearate Calcium Stearate Magnesium Stearate Aluminium Stearate Others (Sodium Stearate, Barium Stearate, etc.) Metallic Stearates by Application:

Metallic Stearates for Polymers & Plastics Industry Metallic Stearates for Rubber Industry Metallic Stearates for Pharmaceuticals Industry Metallic Stearates for Personal Care & Cosmetics Industry Metallic Stearates for Construction Industry Metallic Stearates for Paints & Coatings Industry Others By Region:

North America Latin America Europe South Asia & Pacific East Asia Middle East & Africa (MEA) Ask An Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-3722

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

to be continued…!

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