futurechemical

Rare Earth Metals Market Size, Share, Demand & Trends by 2033

The Rare Earth Metals Market is valued at US$ 5.6 billion as of 2023. The market is projected to grow at a CAGR of 10.1% during the forecast period, and by 2033, the market is expected to reach a valuation of US$ 14.6 billion.

The surging demand for rare earth metals can be ascribed to the increase in the sales of consumer electronics. Be it smartphones or laptops. These metals are used in the speakers of these devices. Apart from that, the key players in the electronics sector are betting on the high-temperature resistance offered by these metals, which allows them to function with higher efficiency.

Furthermore, growth in the sales of electric vehicles is also expected to surge the demand for rare earth metals during the forecast period. This is owing to the fact that rare earth metals assist in miniaturizing the size of the circuit, which makes electric vehicles work using lesser components.

Moreover, rapid urbanization worldwide is also expected to surge the market growth of rare earth metals. This is owing to the fact that rare earth metals are used in the construction industry as well. Apart from this, rare earth metals are also used in the process of digitization, which is happening at a rapid rate in developing countries.

Even the healthcare sector has seen a surge in the application of rare earth metals. These are specifically used for manufacturing MRI machines, insulin pumps, pacemakers, etc. Apart from that, these are also used as high-strength aluminum alloys, metal halide lamps, etc.

Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2290

Additionally, the majority of the companies are looking to work on the idea of sustainability, as a result of which they are developing plans to cut down emissions. Thus, these firms have started adopting renewable sources of energy. The implementation of rare earth metals supports the functioning of renewable energy systems, which is expected to further surge their market growth.

Thus, from the insights delivered by FMI researchers, it can be inferred that “an increase in the adoption of electric vehicles, coupled with the increased application across sectors and a number of other factors are expected to surge the rare earth metals market share during the forecast period.”

Key Takeaways:

The market of rare earth metals is expected to surge at a CAGR of 10.1% during the period 2023-2033. The rare earth metals market is valued at US$ 5.6 billion as of 2023. By 2033, the market is expected to reach a valuation of US$ 14.6 billion. As per the regional analysis, Asia Pacific is the largest rare earth metals market, having a share of nearly 70% in 2022. Based on the country-wise analysis, China market is the largest market, and is expected to grow at a CAGR of 11.6%. The USA market is anticipated to grow at a CAGR of 7.5%. Brazil market is expected to grow at a CAGR of 5.3%. India rare earth metals market is expected to grow at a CAGR of 10%. Japan market is projected to grow at a CAGR of 7.4%. As per application, the magnets segment is expected to have the highest market share during the forecast period, growing at a CAGR of 10.2%. As per metal type, the neodymium segment is expected to have the highest market share during the forecast period, growing at a CAGR of 10.8%. Competitive Landscape

The key players operating in the rare earth metals market are mainly focusing on merging with other key players tap into each other’s crucial resources. Apart from that, the market is also witnessing strategic collaborations with players from the other niches.

Some of the recent developments in the rare earth metals market are:

In August 2022, the Arafura Resources examined pathways to decarbonisation and how Mining, Oil & Gas companies can prosper in a low carbon world using innovative solutions & emerging cost-effective technologies. In July 2022, Lynas Rare Earth was shortlisted for prestigious WA Golden Gecko environmental excellence award. Rare Earth Metals Market Segmentation

By Application:

Catalysts, Permanent Magnets, Metallurgy and Alloys, Polishing, Glass, Phosphors, Ceramics, Others By Metal Type:

Neodymium, Yttrium, Dysprosium, Terbium, Europium, Cerium, Lanthanum By Region:

North America Latin America Western Europe Eastern Europe APEJ Japan MEA Browse Full Report: https://www.futuremarketinsights.com/reports/rare-earth-metals-market

Corrosion Protective Coatings and Acid Proof Lining Market Size, Share, Demand & Trends by 2025

Demand for corrosion protective coatings and acid proof lining materials will continue to witness steady demand in 2016, with global revenues totalling 31,636.2 Mn in 2016, an increase of 5.5% over 2015. Slow, yet promising growth in the construction sector will continue to drive adoption of corrosion protective coatings and acid proof lining materials in 2016. Demand will also be strong in the marine sector, with annual revenues expected to total 6,628.1 Mn in 2016, a 5.2% increase over 2015.

Innovation in coating technology will continue to open up new avenues of growth in 2016. Shift from solvent-borne technology to waterborne technology will continue to gain momentum, with the former expected to witness a 4.5% year-over-year growth in 2016 over 2015. The water-borne technology segment will witness 6.3% y-o-y growth in 2016 over 2015. Increasing investment by key players in developing economies is also expected to strengthen demand for corrosion protective coatings and acid proof lining materials.

Polymer coatings will continue to remain the largest corrosion protective coating product type, representing revenues worth 17,597.4 Mn in 2016, an increase of 5.8% over 2015. Ceramic & carbon brick lining will remain the most lucrative product segment in acid proof lining segment, representing 1,068.1Mn in revenues in 2016.

Get a Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-161

Demand for corrosion protective and acid proof lining materials will remain strongest in Asia Pacific, with the region representing 36.7% revenue share in 2016. Steady pace of construction in the emerging countries of Asia Pacific will continue to create sustained demand for corrosion protective coatings and acid proof lining materials in 2016 and beyond. North America and Eastern Europe will maintain their position as the second- and third- largest market for corrosion protective and acid proof lining materials in 2016. These two regions will collectively account for 33.6% revenue share of the market in 2016.

Segmentation by Product Type

On the basis of product type, the corrosion protective coatings market is segmented into polymer coatings and rubber lining systems, while the acid proof lining market is segmented into ceramic & carbon brick lining, tile lining and thermoplastic lining. Polymer coatings segment in the corrosion protective coatings market accounted for a value share of 64.4% in 2014, which is projected to increase to 66.5% by 2025. The ceramic & carbon brick lining segment in the global acid proof lining market is projected to exhibit the highest CAGR of 5.5% over the forecast period (2015–2025).

Segmentation by Technology

On the basis of technology, the global corrosion protective coatings market is segmented into solvent-borne, waterborne and powder-based. Among these, waterborne technology segment is expected to exhibit the highest CAGR of 5.7% over the forecast period.

Key Players

Key players in the global corrosion protective coatings & acid proof lining market include BASF Coatings GmbH, PPG Industries Inc., The Sherwin Williams Company, Ashland Inc., Axalta Coatings Ltd., Hempel A/S, International Paint Limited and Jotun A/S. Major participants are focusing on R&D activities to provide innovative and environment-friendly products to attain sustainability.

Key Segments Covered

By End-use Industry Marine Oil & gas Power generation Construction Automotive Transportation vehicles Chemicals Mining & metallurgy Others By Product Type Corrosion Protective Coatings Market Polymer coatings Rubber lining systems Acid Proof Lining Market Ceramic & carbon brick lining Tile lining Thermoplastics lining By Technology Solvent-borne Waterborne Powder-based Key Regions/Countries Covered North America Latin America Western Europe Eastern Europe Asia-Pacific Excluding Japan (APEJ) Middle East & Africa Table of Content

1. Executive Summary

2. Research Methodology

3. Assumptions & Acronyms Used

4. Market Overview

4.1. Introduction

1. Market Dynamics

to be continued…!

Browse Full Report: https://www.futuremarketinsights.com/reports/global-corrosion-protective-coatings-market

Driveline Additives Market Size, Share, Demand & Trends by 2029

According to FMI’s recent market study, the driveline additives market is projected to exhibit a CAGR of over 4% and reach US$ 12 Billion by the end of forecast period (2022-2029). Employment of stringent emission guidelines around the world and constant requirements of hardware durability are projected to create substantial opportunities for key market players.

Driveline additives are designed to optimize automotive performance and help reduce energy loss. Driveline additives help ensure smooth functioning of the drivetrain, and, in turn, enhance hardware life. Extended hardware durability translates directly into increased profitability and return on investment for everyone in the supply chain.

Driveline Additives Market: Competitive Landscape

The global driveline additives market is estimated to be highly consolidated, with tier-1 players accounting for nearly half of the market share. Some of the key market players included in the report are The Lubrizol Corporation, BASF SE, and Chevron Oronite Company, LLC, among others.

Manufacturers are striving to gain additional market share in the driveline additives market by means of strategic expansions, collaborations, and product innovation. Also, key players are currently focused on investing in new manufacturing facilities and expanding their existing ones in emerging markets to strengthen their market position across the globe.

Get Your 30% Discount Now! Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-700

Key Takeaways of Driveline Additives Market Study

The transmission fluid additives segment is witnessing high growth in the global driveline additives market. Rising focus of OEMs on fuel efficiency, along with growing adoption of innovative technologies such as dual clutch technology (DCT), is poised to drive demand for transmission fluid additives over the forecast period. APEJ is estimated to be the largest market for driveline additives by the end of 2029. Growth of the APEJ market is mainly attributed to rapid industrialisation in the region. One of the major and emerging trends in the global driveline additives market has been found to be the development of high-efficiency and environmentally-sustainable (biodegradable oil/additives) additives at low cost. Find More Valuable Insights on Driveline Additives Market

FMI, in its new research report, offers an unbiased analysis of the global driveline additives market, presenting historical demand data (2014-2021) and forecast statistics for the period of 2022-2029. The study reveals insights on the driveline additives market, and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the driveline additives market value chain.

Readers can also find key trends and market growth scenarios based on end-use industry and regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA.

What was the Impact of COVID-19 Crisis on Driveline Additives Market?

Impact of the COVID-19 pandemic on the chemicals and materials industry was significant. Several production facilities were entirely shut down because of the lockdown, which had a direct impact on sales of driveline additives. However, the pandemic led to an increase in demand for driveline additives which help in maintenance of vehicles.The pandemic led to many vehicles being rendered of less usage.

They were stagnant for months and months in some households. This made the application of driveline additives like detergents, dispersants and emulsifiers, and anti-wear additives, quite crucial in order to protect and safe guard the vehicles.As numerous production facilities have reopened, the industry is progressively rebounding from losses, resulting in positive sales prospects in the driveline additives market. Increasing prospects of transmission fluid additives are also expected to boost demand for the product in the forthcoming years.

Driveline Additives Market by Category

By Product Type:

Transmission Fluid Additives Gear Oil Additives By Application:

Passenger Cars Commercial Vehicles Off-Highway Vehicles By Region:

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

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

1. Market Background

2. Global Driveline Additives Market Demand Analysis 2014-2021 and Forecast, 2022-2029

3. Global Driveline Additives Market – Pricing Analysis

4. Global Driveline Additives Market Demand (in Value or Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029

to be continued…!

Browse Full Report: https://www.futuremarketinsights.com/reports/driveline-additives-market

Low Density Polyethylene Market Size, Share, Demand & Trends by 2029

The global low density polyethylene market is predicted to reach a valuation of US$ 43,190.5 Mn in 2022. The market is expected to reach US$ 58,782.2 Mn by 2029, with sales growing at a rate of 4.5% CAGR over the forecast period of 2022-2029. Rising demand for low density polyethylene in multiple applications like extrusion coatings, injection moulding, films, and sheets, among others is expected to boost the market over the forecast period.

Elevated demand for low density polyethylene (LDPE) in end-use industries such as edible & frozen foods, liquid packaging, agriculture, electrical cables, and others is promoting market expansion for low density polyethylene. LDPE is also used in liquid reservoirs, electrical components, and upholstery among others. In addition to varied applications of LDPE, the implementation of strict government regulations aimed at reducing vehicular emissions, compel the automotive industry to shift to lightweight plastics for a variety of uses. Thus the automotive industry is also expected to contribute to low density polyethylene market growth.

Rising global market demands for LDPE are fueling the incorporation of advanced low density polyethylene manufacturing techniques. These techniques are expected to improve grade quality, reduce production costs, lessen environmental impact, and thereby push manufacturers across the world to optimize their production process. This has ensured the release of new grades of LDPE in the market. All these factors are expected to promote market growth and expansion of low density polyethylene.

Other factors driving the low density polyethylene market are the closure of LDPE plants in Europe, capacity expansions in the U.S., lower cost of feedstock, and developments in tubular reactor technology.

“Rising application of LDPE in films & sheets and coatings, as well as various other end-use industries, will likely supplement the market growth over the forecast period,” says an FMI analyst.

Get Your 30% Discount Now! Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1021

Key Takeaways:

Advancements in LDPE manufacturing techniques are expected to drive the market demand over the forecast period. The U.S. is expected to present lucrative market opportunities through 2029. Low density polyethylene autoclave segment is anticipated to grow at a value of 2.7% CAGR, over the forecast period. China low density polyethylene market is predicted to reach US$ 12,830.9 Mn by 2029. By application, films & sheets segment is expected to account for 68% of overall market sales during 2022-2029. Competitive Landscape

LyondellBasell Industries N.V., GE Analytical Instruments, ExxonMobil Corporation, The Dow Chemical Company, Saudi Basic Industries Corporation (SABIC), BASF-YPC Company Limited, Qatar Petrochemical Company Q.S.C, LG Chem Ltd, DuPont de Nemours, Inc., Braskem S.A., and Formosa Plastics Corporation among others are some of the manufacturers of low density polyethylene profiled in the full version of the report.

Key players in the global low density polyethylene market are focusing on penetrating new markets in emerging economies. These organizations are improving their manufacturing capacities, increasing their R&D investments, and employing tactics like mergers, acquisitions, and strategic collaborations to gain a competitive advantage.

More Insights into the Low Density Polyethylene Market Report

In its latest report, FMI offers an unbiased analysis of the global low density polyethylene market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2029. To understand the global market potential, growth, and capacity, the market is segmented based on technology (autoclave, tubular), application (films & sheets, extrusion & coatings, injection moulding, others), and region.

Low Density Polyethylene Market Regional Analysis

According to the latest report by FMI, the United States is expected to account for a considerable portion of the global market. The United States is likely to dominate the North American low density polyethylene market with a significant value share in terms of consumption over the assessment period.

Low-density polyethylene (LDPE) is a thermoplastic polymer that is primarily derived from petrochemical feedstock. A highly adaptable and durable material, it is available in translucent and opaque varieties. It is popular in the packaging industry due to its flexibility, chemical resistance, softness, and other properties. Furthermore, LDPE is used in the food & beverage industry for packaging purposes. Rapid and significant development in the packaging industry in the USA is anticipated to supplement the market growth of LDPE. The U.S. LDPE market is expected to reach about US$ 9,539.4 Mn by 2029.

Apart from the U.S. market, China LDPE market is expected to show significant growth by reaching an estimated value of US$ 12,830.9 Mn by 2029. In the last ten years, China’s demand for Low Density Polyethylene (LDPE) has grown at a rapid pace.

The global packaging sector is quickly altering and continuing to expand at a fast pace. This growth is being propelled by factors such as rising food processing, pharma, FMCG, production, healthcare industry, and auxiliary in emerging economies like China. The growing packaging industry in China is predicted to strengthen the demand for low density polyethylene in the upcoming years.

Low Density Polyethylene Market Segmentation Analysis

According to the latest report by FMI, based on technology, the low density polyethylene autoclave segment is expected to lead the global market with a growth rate of 2.7% CAGR, over the forecast period.

LDPE is produced via two technologies- autoclave reactor and tubular reactor. An autoclave reactor is a multi-zoned mixed adiabatic vessel reactor, where reaction heat is removed by reactant only, and a conversion up to 21% is achieved.

In an autoclave reactor, a lower operating pressure of 1,300–2,000 Bar is required, while a tubular reactor requires a higher operating pressure of 2,500–3,200 Bar, which is expensive. Product grades from autoclaves are good for extrusion coating and specialty applications. These factors are responsible for the growth of the autoclave segment.

By application, the films & sheets segment is leading the global LDPE market. LDPE is one of the three most commonly used polyethylene grades. It has less toughness, stiffness, and strength, and is more ductile. This plastic has a high density, tough construction, and long functional life.

Because of its opacity, only fine foils can be translucent and LDPE is widely used in the production of tubing, containers, wash bottles, dispensing bottles, and moulded laboratory equipment. Its most common usage is in plastic bags. LDPE membranes are widely used to prevent liquid contamination. They serve as ideal liners, preventing contamination from accessing groundwater sources and preventing seepage loss.

Thus, LDPE is popular in making films & sheets which are further utilized in packaging, bags, LDPE rolls, and others. The films & sheets segment is expected to account for over 68% of the total sales of low density polyethylene in the global market.

Low Density Polyethylene Market by Category

By Technology, the Low Density Polyethylene Market is segmented as:

Autoclave Tubular By Application, the Low Density Polyethylene Market is segmented as:

Films & Sheets Extrusion Coatings Injection Moulding Others Browse Full Report: https://www.futuremarketinsights.com/reports/low-density-polyethylene-market

Bentonite Market Size, Share, Demand & Trends by 2031

Increasing oil drilling and construction activities across the world is expected to create increasing demand for bentonite between 2021 and 2031, finds Future Market Insights (FMI) in a new study. According to the report, the market is expected to reach US$ 2.37 Bn by the end of 2031. Through the course of the forecast period it is expected to record solid growth, especially since developing economies are expected to offer lucrative growth opportunities.

Bentonite is a highly colloidal clay mineral containing variety of accessory minerals such as quartz, feldspar, calcite and gypsum. Properties such as water absorption, swelling, viscosity, hydration and thixotropy makes bentonite a valuable material across various industries. Chemical and mechanical properties of bentonite materials can be altered through various additions and combinations of raw materials, which is based on application or use of finished product.

Bentonite is known for its versatile nature and application in numerous industries such as construction, oil & gas, food, pharmaceutical, foundry and among others. Of these, the oil industry is expected to remain dominant, accounting for nearly one-fourth of bentonite sold globally.

Get Your 30% Discount Now! Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-348

Key Takeaways

Driven by applications across diverse industries, the bentonite market will exhibit a CAGR of 6.2% between 2021 and 2031 With oil and drilling activities pacing up, the U.S. is expected to account for 88% of bentonite sales in North America Bentonite production in France and Poland will pick up at an impressive pace post lacklustre growth registered in 2020 Germany and Russia are expected to emerge as leading markets for bentonite in Europe China is expected to spearhead growth of bentonite market in East Asia “Role of bentonites in oil drilling applications continues to propel the overall market growth. However, due to stringent regulation imposed by governments on the use of some of the intermediate chemicals, which are used collectively with bentonite in drilling applications, the market might witness some hindrances to growth. Nonetheless, key manufacturers are focusing on enhancing the production rate which will aid the overall expansion of the market in the coming years.” says FMI analyst.

Competitive Landscape

The market is moderately fragmented with key players accounting for small market share. Some of the key players in the market are Kemira OYJ, Mineral Technologies Inc. Clariant AG, Kunimine Industries Co., Ltd. Charles B Chrystal Co. Inc, Ashapura Group of Companies, Halliburton Co, Wyo-Ben, Inc, Polymer Drilling Systems (PDS) Co, Inc, Black Hills Bentonite, LLC, Alfa Aesar, Kutch Minerals, among others. These key players are expected to invest in new technology developments and their networks expansion in order to maintain their market shares.

Bentonite Market by Category

Product Type

Sodium Calcium Others Application

Drilling Fluids Binder Sealant Absorbent/Adsrobent Clarification Agent Others End- Use Industry

Oil Foundry Construction Food Pharmaceuticals Others Region

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

Biostimulants Market Size, Share, Demand & Trends by 2029

Future Market Insights has forecasted the global bio-stimulants market to reach a valuation of US$ 6,383.6 Mn in 2029. Owing to its emergence as a sustainable solution that could improve agricultural sustainability and enhance crop yields.

The bio-stimulants are anticipated to showcase absolute dollar opportunities in the global market with a current valuation of around US$ 2,773.8 Mn and are anticipated to reach US$ 6,383.6 Mn by 2029. The global business is estimated to witness a considerable CAGR of 11.0% during the period between 2022 and 2029.

A half-yearly comparison has been presented by FMI, analyzing its key insights into the growth outlook of the bio-stimulant market. The market is predominately influenced by certain demographic factors, macroeconomic and innovation factors including, population growth, agricultural production outlook, increasing yield and productivity of crops and others.

Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-354

Key Takeaways

The global demand for bio-stimulants increased by a magnitude of 10.3% over the first half of 2021, it was further estimated to witness a growth rate of 10.8% during the first half of 2022, however, bio-stimulants demand to witness an increase of 20 bps as per the current estimates. There are several recent developments witnessed in the bio-stimulants market including product innovations, enhancement of the applicability and mergers and acquisition of key market participants. The demand for bio-stimulants is anticipated to bolster during the forecast years 2022 to 2029 due to extensive development taking place in the agricultural industry as it is used to increase yield per unit area and crop productivity. Bio-stimulants are used as active ingredients for fruits, vegetables, turfs, and ornamental crops along with amino acid and fulvic acid-based goods are also attributed to the growth of the market. Between 2014 and 2021, sales of Bio-stimulants expanded at a 9.7% compound annual growth rate (CAGR), owing to increasing demand for agricultural products and coupled with increasing the productivity of the crops. Bio-stimulants imbibe various promising and potential prospects across the horticulture and agriculture sectors. Increasing need for an eco-friendly solution to agriculture, especially in developing countries such as India, China, and others creating a new opportunistic market for the bio-stimulants Competitive Landscape

BASF SE, Isagro S.p.A., Novozyme A/S, UPL Corporation Limited, FMC Corporation, Acadian Seaplants Limited, Agrinos AS, BioAtlantis Ltd., Biostadt India Ltd., Koppert B.V., Italpollina Spa, Micromix, Syngenta AG, Trade Corporation International, Agricen, Omex Agrifluids Ltd., Valagro SpA, Oxon Italia S.p.A. are some of the key companies profiled in the full version of the report.

Through numerous mergers and acquisitions, major firms are working on growing their global influence. Over the next few years, this tendency is projected to continue. Many market players have been able to expand their separate operations in numerous geographies as a result of the increasing number of strategic partnerships in the bio-stimulants sector.

In 2019, PI Industries Limited (PI), acquired Isagro (Asia) Agrochemicals Private Ltd (Isagro Asia) from Isagro Spa and its affiliates, the total transaction was valued at around US$ 46.5 Mn. In March 2018, the Syngenta AG, acquired Strider, a leading market player in the Latin America digital agriculture market. In 2017, FMC Corporation acquired a significant portion of DuPont’s global crop protection business. More Insights into the Bio-stimulants Market

The United States is likely to dominate the bio-stimulants market in the global sphere throughout the forecast period of 2022-2029. The United States is expected to lead the North American market with a substantial value share in terms of consumption.

Owing to the rapid expansion of the organic food business is one of the primary drivers of the bio-stimulants market’s outreach. The market is expected to outgrow further as farmers adopt sustainable farming practices. The lawn and ornamental segment of the region drives demand in the North American region.

Implementation of favorable rules for regional product adoption should be boosted along with an emphasis on organic farming and yield enhancement. This booming region also gives new industry participants an opportunity to enter the market for agricultural investment. The United States’ major focus is on organic farming which is helping to boost regional market share.

Due to increasing environmental concerns and strict regulations in the region, the U.S has been one of the major consumers of bio-based products. Vast technological advancements act as an added bonus for the country as it gives attractive production location for bio-stimulant manufacturers. U.S. is expected to reach about US$ 1,154.2 Mn by the year 2029.

Germany is anticipated to reach an estimated value of US$ 518.1 Mn by the end of 2029. The European region has emerged as one of the world’s largest revenue-generating areas and is expected to dominate the global market over the forecast period.

Owing to supportive government policies that aim at increasing organic food production are likely to propel growth in the bio-stimulants market. Germany has the largest share of the European bio-stimulants market among all other nations and is likely to maintain its dominance over the forecast period.

What was the Impact of COVID-19 Crisis on Biostimulants Market?

During the Covid-19 outbreak, consumer purchasing patterns demonstrated a significant transition from non-organic to natural, which is still occurring now. A growing emphasis on preventative healthcare is slowly but steadily causing a shift in global traditional farming practises, with producers being urged to produce more utilising environmentally friendly methods and resources. The pandemic has accelerated the shift from globally to more local economies in the manufacturing sector.

In the midst of this, biostimulant raw material manufacturers experienced supply shortages and trouble maintaining operational continuity. The agriculture industry, on the other hand, was overwhelmingly supported by governments around the world, and huge efforts were made to manage the streamline of their operations as usual in order to maintain productivity.

Biostimulants Market by Category

By Active Ingredient:

Acid-Based Extract-Based Others (Including Microbial Amendment, Trace Minerals, etc.) By Crop Type:

Row Crops Fruits & Vegetables Turfs & Ornamentals Other Crop Types By Application:

Foliar Soil Seed By Region:

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