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communicationblogs · 2 months ago

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Low Temperature Coatings Market — Forecast(2024–2030)

Low temperature coating is widely used to apply coatings to valves, pipes, fittings and welds. They are mostly used in cold temperature conditions as they have the ability to cure down to 0°C. The increase in energy savings due to reduction in cure temperatures is boosting the growth of the market. The Low Temperature Coatings Market is experiencing a significant uptick due to the increasing demand for energy-efficient coatings. As sustainability becomes a focal point across industries, there’s a surge in the adoption of low-temperature cure coatings. These coatings not only reduce energy consumption during the curing process but also contribute to lowering greenhouse gas emissions.

Industries such as construction, automotive, and aerospace are embracing this trend, driven by both environmental concerns and the need for cost-effective, energy-efficient coating solutions. A notable trend in the Low Temperature Coatings Market is the continuous evolution of low-temperature curing techniques. Manufacturers are investing in research and development to innovate coating processes that can cure effectively at lower temperatures, reducing energy requirements and enhancing application flexibility. Advanced formulations, such as UV-curable low-temperature coatings, are gaining traction for their ability to cure rapidly with minimal heat, opening new possibilities in coating sensitive substrates and expanding the range of applications in various industries.

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Report Coverage

The report: “Low Temperature Coatings Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the low temperature coatings industry.

By Coating: Powder Based, Liquid Based.

By Chemistry: Polyester, Epoxy, Polyurethane, Acrylic resin, and Others.

By Application: Concrete, Portable water storage tanks, Fittings, Steel, Pipes, Valves, Wood, wheels, Grills, Bumpers, Roof racks, Exterior and Interior trims, Construction and Others.

By End Use: Automotive, Appliances, Furniture, Industrial, Heavy-Duty Equipment’s, and Others

By Geography: North America, South America, Europe, APAC, and RoW.

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Key Takeaways

Asia-Pacific dominates the low temperature coatings Market owing to increasing demand from growing automotive industry in the region.

The use of environment friendly coating is driving the growth of the low temperature coatings market.

The longer and costlier drying and curing for large parts is hindering the growth of the low temperature coatings market.

By Chemistry — Segment Analysis

Acrylic segment held the largest share in the low temperature coatings market in 2023 as it is widely used in automotive industry. Acrylic formulations provide an ideal solution combining balanced performance, good weather resistance, and advantageous processing. Acrylic based coatings are tremendously versatile. They have low-cost and a broad performance range, from ultra-removable to ultra-high durability depending on the formulation. Due to this benefit, the application of low temperature coatings based on acrylics is increasing greatly in heavy-duty equipment’s. Epoxy segment is the second largest segment in low temperature coating market. Epoxy coatings are widely used due to their exceptional chemical resistance, low porosity, durability, and bond strength. Epoxy coating films are strongly resistant to most chemicals and make excellent anticorrosion coatings. They are one of the principal materials used to control corrosion in the cold environment.

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About IndustryARC™: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact Us: https://tinyurl.com/yk8khvpa Website URL: https://www.industryarc.com/

#metal coating #car coating service #marketing #reseach marketing #research

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industryinsightsandanalysis · 3 months ago

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Titanium Market is expected to display a steady growth of 5% due to its increasing application in various industry

According to a new report published by UnivDatos Markets Insights, the Titanium Market is expected to grow at a CAGR of around 5% from 2022-2028. The analysis has been segmented into Product Type (Titanium Dioxide and Titanium Metal); Application (Aerospace & Defense, Chemicals, Energy, Pigments, Additives & Coatings, Papers & Plastics, and Others); Region/Country.

The Titanium market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Titanium market. The Titanium market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Titanium market at the global and regional levels.

Market Overview

Titanium is a low-density element (approximately 60% of the density of steel and superalloys) that can be strengthened greatly by alloying and deformation processing. Titanium is nonmagnetic and has good heat-transfer properties. Its coefficient of thermal expansion is somewhat lower than that of steel and less than half that of aluminum. Titanium and its alloys are used primarily in two areas of application where the unique characteristics of these metals justify their selection: corrosion-resistant service and strength-efficient structures.

The Titanium Market is expected to grow at a steady rate of around 5% during the forecast period. The use of the product as pigments in paints and coatings formulation across the globe acts as one of the major factors driving the growth of the titanium market. The high utilization in the aerospace and aviation industry owing to its excellent temperature properties, strength-to-weight ratio, and adoption to produce high-speed aircraft, spacecraft, ships, and electrodes accelerate the market growth.

Some of the major players operating in the market include K Huntsman International LLC, INEOS, Iluka Resources Limited, Sumitomo Corporation, VSMPO-AVISMA Corporation, TOHO TITANIUM, ATI, Precision Castparts Corp, TITANIUM INDUSTRIES INC, and Norsk Titanium.

COVID-19 Impact

The COVID-19 outbreak posed additional stress on various economies across different sectors. Travel restrictions have caused a downturn in many markets, and growth has slowed as a result. The lockdowns have forced production facilities to remain closed, negatively impacting the titanium market due to revenue due to the grounding of airplanes, construction and manufacturing industries suspended their work due to the spread of the coronavirus which in turn dropped the fresh orders for Titanium mill products. As customers are waiting to get a deeper understanding of the full impact of COVID-19 on their respective markets.

The global Titanium market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

· Based on the product type, the titanium market is classified into titanium dioxide and titanium metal. The titanium dioxide segment caters substantial share of the market. it is used in products such as paints, coatings, papers, inks, toothpaste, face powder, and food colouring. The growing population and rapid urbanization in the emerging economies of the world also contribute significantly to market growth. In developed regions, such as North America and Europe, the constant rise in passenger car ownership acts as a driver for the paints & coatings market.

The demand for titanium in aerospace is growing as it has excellent compatibility with CFRP with respect to corrosiveness and coefficient of thermal expansion issues. Moreover, the usage of titanium in aircraft can also increase that aircraft’s range while decreasing its fuel use. A lighter aircraft requires less fuel to fly, allowing for fewer refueling stops and subsequently longer time periods spent in continuous flight. Titanium is used for multiple areas of aircraft such as Fuselage, Engines, compressors, fan blades, landing gear, flaps, spoilers, fuel tanks, and so on.

Titanium Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia-Pacific)

Rest of the World

North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly attributed to the factors such as the increasing availability of the metal in the region as a result of the metals and mining sector's rapid expansion, which has also increased the metal's use in a variety of fields. This has significantly raised the growth expectations for the product market and is anticipated to give new competitors access to major growth prospects in the coming years.

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The major players targeting the market include

Huntsman International LLC

INEOS

Iluka Resources Limited

Sumitomo Corporation

VSMPO-AVISMA Corporation

TOHO TITANIUM

ATI

Precision Castparts Corp

TITANIUM INDUSTRIES INC

Norsk Titanium

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Titanium market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Titanium market?

• Which factors are influencing the Titanium market over the forecast period?

• What are the global challenges, threats, and risks in the Titanium market?

• Which factors are propelling and restraining the Titanium market?

• What are the demanding global regions of the Titanium market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

High-Purity Neon Gas Market - SWOT Analysis [2023-2028]

Industrial Flooring Market - SWOT Analysis [2023-2028]

About Us:

UnivDatos Market Insights: Your Partner in Data-Driven Market Strategies. Unlock growth opportunities and make smart decisions with our expert research and insights.

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#Titanium Market

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industrynewsupdates · 4 months ago

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Office Furniture Procurement Intelligence 2024 - 2030: Unlocking Opportunities

Developing a strategic procurement plan for office furniture is crucial for two main reasons. First, to ensure that organizations procure good quality cost-effective items that meet the requirements of employees and supports a productive work environment. The second reason is that this strategy will help in effective space utilization and thereby promote better work collaboration. The market size was estimated at USD 62.3 billion in 2023. North America held the largest share of the global industry in 2023, accounting for 32%. This growth is attributed to an increased need for flexible designs and user comfort, high requirements for bespoke items, rising importance towards aesthetics, and increasing usage of biodegradable products. Asia Pacific is poised to witness the fastest growth rate during the forecast period due to the rapid expansion of urban areas, rising demand for innovative products, expansion of co-working spaces, and high adoption of e-commerce platforms.

Office furniture is used by a wide range of end-users to enable employee comfort, enhance space optimization, facilitate storage and organization, and improve employee collaboration. Key end-users include corporates, educational institutes, healthcare facilities, hospitality, and retail spaces. For instance, educational institutes utilize these products in classrooms, common areas, and storage units. On a similar note, retail spaces deploy these products in Point-of-Sale (POS) areas and checkout counters.

Key technologies influencing the growth of furniture products include smart chairs, collaborative tables, modular workstations, smart standing desks, and polyester hybrid powder coatings. Modular workstations are flexible solutions comprising various interchangeable components such as desks, partitions, and storage units. They provide users with versatile configurations, thus enabling them to adapt to different layouts and spatial constraints. Moreover, they facilitate efficient use of office space and promote employee collaboration by supporting seamless rearrangement of work areas.

Order your copy of the Office Furniture Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Key suppliers that provide office furniture compete based on top-line growth, personalization features, pricing strategies, lead time reduction, and adherence to regulatory standards. Buyers in this industry have diverse options in terms of product variety, budget flexibility, ancillary services, and post-purchase support. Regulatory laws in several countries require suppliers to comply with rigorous standards related to product durability, performance, safety, recycling of materials, and environmental impact.

Several variables impact office furniture prices. Key elements affecting the prices include raw material price fluctuations, transportation and logistical expenses, compliance and quality control, and product innovation. Prices of frequently used raw materials such as plastic, wood, metal, and glass undergo significant variations based on feedstock and energy costs. For instance, the prices of Polyvinyl Chloride (PVC), a commonly used plastic in these products, declined in the U.S. from USD 750/MT in November 2023 to USD 715 /MT in January 2024.

The COVID-19 pandemic caused substantial disruption in the global office furniture industry. During the pandemic, demand for these items from end-users such as corporates and educational institutes dropped considerably, due to adoption of work-from-home model and educational institutes shutting down during lockdowns. However, demand from healthcare facilities witnessed significant growth due to a rise in patients and visitors. Since 2023, the demand has improved considerably and is projected to increase further during the next few years. Post the pandemic, key suppliers are increasingly utilizing specialty stores to sell products in this industry, due to benefits such as enhanced expertise, focused selection, knowledgeable staff, and a curated customer experience.

One of the best procurement practices is to compare prices offered by multiple suppliers, assess the range of items provided, evaluate the experience level of suppliers, compare client testimonials, evaluate the geographical service capabilities of suppliers, and compare the lead time of suppliers.

Browse through Grand View Research’s collection of procurement intelligence studies:

• Outplacement Services Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Courier, Express, and Parcel Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Office Furniture Sourcing Intelligence Highlights

• The office furniture market includes a fragmented landscape, with vendors engaged in vigorous competition.

• Due to the intense market competition, buyers within the market have significant negotiating power and possess the flexibility to switch to better alternatives.

• India and China are favored as low-cost or best-cost countries for sourcing & procurement of office furniture due to their reasonable costs of raw material, labor, equipment, packaging and labeling, and logistics.

• The key cost components comprise raw materials, labor, equipment, packaging and labeling, and transportation and logistics. Other costs include rent and utilities, general and administrative, sales and marketing, quality control, compliance, and taxes.

Office Furniture - Key Suppliers

• Global Furniture Group

• Haworth Inc.

• Herman Miller, Inc.

• HNI Corporation

• Humanscale Corporation

• Kinnarps AB

• Krueger International, Inc.

• Okamura Corporation

• Steelcase Inc.

• Vitra International AG

Office Furniture Procurement Intelligence Report Scope

• Office Furniture Market Growth Rate: CAGR of 5.9% from 2024 to 2030

• Pricing Growth Outlook: 5% - 10% increase (Annually)

• Pricing Models: Cost-plus pricing, competition-based pricing, bundled pricing, demand-based pricing

• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

• Supplier Selection Criteria: Geographical service provision, industries served, years in service, employee strength, revenue generated, key clientele, regulatory certifications, product range, availability of smart products, eco-friendly product offerings, delivery mode, customer service, lead time, and others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

#Office Furniture Procurement Intelligence #Office Furniture Procurement #Procurement Intelligence #Office Furniture Market #Office Furniture Industry

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imarcmarketreport · 10 months ago

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Fumaric Acid Market Share, Growth, Trends And Forecast 2024-2032

IMARC Group's report titled "Fumaric Acid Market Report by Application (Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, and Others), End-Use Industry (Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, and Others), and Region 2024-2032",offers a comprehensive analysis of the industry, which comprises insights on the fumaric acid market share. The global market size reached US$ 775.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,134.5 Million by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/fumaric-acid-market/requestsample

Factors Affecting the Growth of the Fumaric Acid Industry:

Demand in the Animal Feed Industry:

Fumaric acid is an efficient feed acidifier known to improve feed conversion rates and promote the growth and health of livestock. This is particularly important in poultry and swine production, where maintaining optimal gut health and efficiency in feed utilization is crucial. The rising demand for meat and dairy products, coupled with the need for sustainable and efficient livestock production practices, is encouraging the use of feed additives like fumaric acid. Furthermore, with the ongoing shift away from antibiotic growth promoters due to health and regulatory concerns, natural growth promoters, such as fumaric acid, are gaining prominence. This trend is supported by research indicating that fumaric acid can enhance nutrient absorption and support the immune system of animals.

Increasing Need for Environmentally Friendly Products:

The growing environmental concerns and the emphasis on sustainability are driving the demand for eco-friendly and biodegradable products like fumaric acid. Fumaric acid, being biodegradable and non-toxic, is seen as an attractive alternative to synthetic chemicals in various industrial applications. Its use in producing biodegradable plastics, eco-friendly paints, and coatings, as well as in renewable energy sources like biofuels, aligns with the shift towards environmental sustainability. Companies are adopting green practices and materials to comply with regulatory standards and to cater to the growing demand for sustainable products. This shift is not only ethically and environmentally driven but also economically motivated, as sustainable practices often lead to long-term cost savings and enhanced brand reputation.

Increasing Demand in the Food and Beverage (F&B) Industry:

Fumaric acid is a food additive that is widely used as a preservative and acidity regulator. Its ability to enhance flavor and extend shelf life makes it popular in a variety of food products like soft drinks, fruit juices, and baking powders. The growing consumption of convenience foods and ready-to-eat (RTE) meals is driving the demand for food-grade fumaric acid. Additionally, the shift towards healthier, low-calorie foods and beverages is prompting the use of fumaric acid in diet and zero-calorie products. The compatibility of fumaric acid with various food ingredients and its role in maintaining the desired consistency and stability in food products is supporting the market growth.

Leading Companies Operating in the Global Fumaric Acid Industry:

Bartek Ingredients Inc.

Dastech International

Fuso Chemical Co., Ltd.

Polynt

Prinova Group

Changzhou Yabang Chemical Co. Ltd.

Nippon Shokubai

The Chemical Company

Thirumalai Chemicals

U.S. Chemicals

Wego Chemical Group

Huntsman Corporation

Fumaric Acid Market Report Segmentation:

By Application:

Food Additives

Rosin-Sized Sheathing Paper

Unsaturated Polyester Resins

Alkyd Resins

Others

Food additives account for the majority of the market share due to the increasing demand for food preservation and flavor enhancement in the F&B industry.

By End-Use Industry:

Food and Beverages Industry

Cosmetics Industry

Pharmaceutical Industry

Chemical Industry

Others

The food and beverages industry holds the biggest market share driven by the essential role of fumaric acid in food processing and beverage production.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific dominates the market owing to the rising consumer demand for processed foods and the presence of key manufacturers in the region.

Global Fumaric Acid Market Trends:

Technological advancements in the production and application of fumaric acid are offering a favorable market outlook. Modern production techniques are making the synthesis of fumaric acid more efficient and eco-friendly. These advancements are reducing production costs and making fumaric acid more accessible for a range of applications.

Besides this, the rising use of fumaric acid in composite materials and 3D printing technology is propelling the market growth. The material properties of fumaric acid, particularly when used as a component in unsaturated polyester resins, make it highly suitable for advanced composite applications. These composites are utilized in automotive, aerospace, and construction industries for their strength and lightweight characteristics. Additionally, the rise of 3D printing technology presents new opportunities for fumaric acid in resin formulations tailored for 3D printing processes.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

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Email: [email protected]

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United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

#Fumaric Acid Market

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david843346 · 10 months ago

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Delumper Market: Global Demand Analysis & Opportunity Outlook 2036

research analysis on “Delumper Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global delumper market in terms of market segmentation by shaft processor types, applications, and by region.

Increasing Penetration of IoT and AI to Promote Global Market Share of Delumper Market

The expanding demand for delumper products is a result of several sectors adopting automation. Since delumpers are a crucial component of automated material handling systems, their demand is expected to rise as automation spreads. In 31% of businesses, at least one function is fully automated. Currently, fifty percent of jobs can be done by machines. Furthermore, the need for efficient material handling equipment drives the demand for delumpers. Producers like delumpers because of their reputation for handling a variety of materials, including solids, powders, and liquids. The delumper business is also being driven by the increasing focus on product quality and safety.

Some of the major growth factors and challenges that are associated with the growth of the global delumper market are:

Growth Drivers:

Surge in Creation of portable and Small-Sized Delumpers

Development of Novel and Cutting-Edge Coatings and Materials

Challenges:

Lump breakers' high initial cost of investment is one of the primary reasons restraining the market. Smaller businesses may be deterred from purchasing these gadgets due to their high cost, which could impede the market's expansion. Concerns about the safety of individuals operating bulk breakers have led numerous countries to create stricter safety regulations. These regulations may limit the market since they may increase the cost of running bulk breakers. Keeping up with technological advancements could prevent the business from growing. When new technologies emerge, businesses need to innovate and adapt to be competitive in the market.

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By application, the global delumpermarket is segmented into construction industry, mining industry, energy industry, food & beverages industry, chemical industry and pharmaceutical industry. The pharmaceutical segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Because delumpers are required by the pharmaceutical industry to reduce the size of excipients and active pharmaceutical ingredients (APIs) in prescription formulations, this market segment is expected to develop. The growing demand for innovative drugs and the increasing focus on precision medicine are driving the need for delumpers in the pharmaceutical industry. 37 new drugs were approved by the Centre for Drug Evaluation and Research (CDER) in 2022. The number of new pharmaceutical products that are approved annually varies significantly. In 2016, the number of novel pharmaceutical medicines approved was just over 20, whereas in 2018, there were around 60 approved goods. In 2021, fifty new prescription drugs were approved. Moreover, delumpers can provide a consistent particle size, reducing the likelihood of segregation and improving the quality of the final product.

By region, the Europe delumper market is to generate the highest revenue by the end of 2036. One of Europe's most cutting-edge and contemporary industrial sectors, the specialty chemicals and food business has expanded quickly in the last ten years. The EU5 nations have been designated as the frontrunners in driving demand for Delumper.

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#Delumper Market

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alliedcreation · 1 year ago

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Lab Grown Diamonds Market Projected To Reach $49.9 Billion By 2030

“Lab Grown Diamonds Market by Manufacturing Method, Size, Nature, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global lab grown diamonds market size was valued at $19.3 billion in 2020, and is projected reach $49.9 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030.

Diamonds are heavily used in the industrial sector and mechanical engineering operations in tools such as saws, drills, polishers, and cutters. Diamond tipped drill bits and diamond coated saw blades makes cutting and drilling operations faster and easier. Different grits of powdered diamonds are also used as industrial abrasives. Lab grown diamonds with added boron have semiconductor like properties that can exceed traditionally used silicone and replace silicone as a major component in electronic operations. Some polished diamonds are used for different optic applications such as particle accelerators, laser systems, and other similar high-powered equipment. Research is being conducted to heck usability of diamonds in the medical field in the form of components in prosthetics and high precision surgical equipment. It is now been used by dermatologists for skin exfoliation in some types of chemotherapy to aid with the absorption of medicines into patient’s body. These industrial applications of lab grown diamonds and further research into the same is expected to the foster lab grown diamonds market growth.

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Techniques for growing diamonds in labs and factories were first invented in the 1950s, in the form of HPHT. It was used for creation of diamonds that were small and mostly useful for industrial applications. CVD technology of creating diamonds was invented in the 1980s, and further innovation in diamond manufacturing technology led to creation of techniques for making diamonds that were bigger and could reach sizes of 10 carats and more. Use of renewable energy in the making of diamonds is increasing and use of laser technology for cutting diamonds is also gaining more traction in the market. Further research and innovations can make lab grown diamonds production easier and more efficient, which is expected to have a very positive impact on the lab grown diamonds market in the upcoming years, increasing the lab grown diamonds market demand.

The lab grown diamonds market was significantly impacted during the initial phase of the pandemic, however, the market has started rebounding toward the end of 2020. Disruption in supply chain across China and later from India negatively impacted the market, as these countries are the top exporters of lab grown diamonds and hold a significant lab grown diamonds market share across the world. Nevertheless, the market is expected to gain high momentum in upcoming years due to emerging lab grown diamonds market trends.

The global lab grown diamonds market is segmented on the basis of manufacturing method, size, nature, application, and region. By manufacturing method, the global market is bifurcated into HPHT and CVD. By size it is segmented into below 2 carat, 2–4 carat, and above 4 carat. By nature, it is bifurcated into colorless and colored. On the basis of application, it is studied across fashion and industrial. The global lab grown diamonds market is also studied across North America, Europe, Asia-Pacific, and LAMEA.

Request The Free Sample PDF Of This Report (SALE ENDING SOON):- https://www.alliedmarketresearch.com/request-sample/14063

Key Findings Of The Study

By manufacturing method, the chemical vapor deposition (CVD) segment leads in terms of market share and is projected to grow with the highest CAGR during the forecast period. Depending on the size, the below 2 carat segment is the most widely used diamond across both industrial and fashion purposes. By nature, the colorless segment leads in terms of market share, however, the colored segment is expected to gain high popularity during the forecast period. By application, diamonds find its prominent use in the fashion industry occupying about three-fourths of market share in 2020. By region, North-America leads, in terms of market share, however, Asia-Pacific is poised to grow with highest CAGR during the forecast period.

Some of the major players profiled in the lab grown diamonds market analysis include ABD Diamonds, Clean Origin, De Beers Group, Diam Concept, Diamond Foundry Inc., Henan Huanghe Whirlwind Co., Ltd, Mittal Diamonds, New Diamond Technology LLC, Swarovski AG, and WD Lab Grown Diamonds. Other prominent players analyzed in the report are Applied Diamond Inc., D.NEA Diamonds, Zhengzhou Sino-Crystal Diamond Co., Sahajanand Laser Technology Limited (SLTL Group), Finegrowndiamonds, Zhongnan Diamond Co. Ltd, and Sumitomo Electric Industries Ltd

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priyanshisingh · 1 year ago

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Aluminum Isopropoxide Market Global industry share, growth, drivers, emerging technologies, and forecast research report 2030

The latest market report published by Credence Research, Inc. “Global Aluminum Isopropoxide Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global aluminum isopropoxide market was valued at around USD 294.16 million in 2022 and is projected to reach over USD 405.28 million by 2030, growing at a CAGR of 4.09% during the forecast period.

The global aluminum isopropoxide market is experiencing steady growth, driven by factors such as increasing demand in the chemical industry, growth in the construction sector, rising demand for advanced materials, and the shift towards green and sustainable technologies. However, the market also faces challenges due to the price volatility of raw materials and stringent regulations. Nevertheless, there are opportunities for growth through research and development, targeting emerging economies, and technological advancements.

The chemical industry is a major driver of the aluminum isopropoxide market. The demand for aluminum isopropoxide stems from its crucial role as a precursor in the synthesis of various chemicals. As the chemical industry continues to expand globally, the demand for aluminum isopropoxide is expected to grow significantly.

Industries such as electronics, automotive, aerospace, and healthcare have a growing need for advanced materials with superior properties. Aluminum isopropoxide is utilized in these industries to develop high-performance materials, including composites, coatings, and specialty chemicals. The increasing demand for such materials drives the growth of the aluminum isopropoxide market.

Environmental concerns and the need for sustainable practices have led to a shift towards green technologies across industries. Aluminum isopropoxide enables the production of bio-based materials, renewable energy technologies, and environmentally friendly chemicals. As companies adopt greener manufacturing processes and seek eco-friendly alternatives, the demand for aluminum isopropoxide is expected to rise.

Aluminum Isopropoxide Market Key Growth Trends highlight the significant advancements and prospects in this industry. With an increasing demand for aluminum isopropoxide across various sectors, such as paints and coatings, plastics, adhesives, and textiles, the market is expected to witness substantial growth in the coming years. The rising usage of aluminum isopropoxide as a catalyst in the production of high-quality polyethylene terephthalate (PET) resins further bolsters its market growth. Additionally, the growing preference for lightweight materials in automotive manufacturing has also fueled the demand for aluminum isopropoxide-based products due to their excellent mechanical properties and corrosion resistance.

Browse 200 pages report Aluminum Isopropoxide Market by material (Aluminum Isopropoxide Powder, Aluminum Isopropoxide Solution) By Application (Chemical Intermediates, Catalysts, Solvents, Additives, Others), and By Distribution Channel (Online Segment, Supermarkets/Hypermarkets, Specialty Stores, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/aluminum-isopropoxide-market

Research and Development: There are ample opportunities for research and development in the aluminum isopropoxide market. Innovations in the synthesis processes, the development of new applications, and the improvement of product properties can open up new avenues for growth. Companies investing in R&D activities to enhance the performance and efficiency of aluminum isopropoxide stand to gain a competitive edge.

Technological advancements in the manufacturing processes and applications of aluminum isopropoxide can unlock new opportunities. Improved production methods, such as sustainable and cost-effective synthesis techniques, can enhance the market competitiveness of aluminum isopropoxide. Furthermore, advancements in application areas, such as additive manufacturing and nanotechnology, can drive the demand for aluminum isopropoxide.

Competitive Landscape:

The global aluminum isopropoxide market is characterized by the presence of several key players. These companies engage in strategic initiatives, such as mergers and acquisitions, collaborations, and product innovations, to strengthen their market position. Some of the prominent players operating in the market include Company A, Company B, Company C, Company D, and Company E.

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The report provides a qualitative as well as quantitative analysis of the global Aluminum Isopropoxide Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Aluminum Isopropoxide Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

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tapsikhan-blog · 5 years ago

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Sustainable Growth on Energy Efficient Powder Coatings Market New Investments Expected Highly Rising Demand and Growth Factors by Leading Companies like AkzoNobel, Jotun, BASF, IGP etc.

The global report on the market for energy-efficient powder coatings is based on comprehensive analyzes conducted by experienced and professional experts. The report identifies factors that influence growth, such as: Drivers and market restraint. The report provides an in-depth analysis of the trends and opportunities in the market for Energy-Efficient Powder Coatings. The report provides visual estimates and forecasts the future for the coming years based on recent developments and historical data. To collect information and estimate revenue for all segments, researchers have used top-down and bottom-up approaches. Based on data from primary and secondary research and trusted data sources, the report provides forecasts of future revenues and market shares.

This Report covers the manufacturers? Data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.

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The Top Leading players operating in the Energy Efficient Powder Coatings Market to Covered in this Report:

· AkzoNobel

· Jotun

· BASF

· IGP

· PPG Industries

· TCI

· Kansai Paints

· Axalta

· Asian Paints

· Berger Paints

Energy Efficient Powder Coatings Market Classified by Product Type Segmentation:

· Thermoplastic

· Thermosetting

Energy Efficient Powder Coatings Market Classified by Segment by Application:

· Automobile

· Furniture

· Heavy-duty Equipment

· Others

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Energy Efficient Powder Coatings Market: Regional Segmentation:

-North America Country (United States, Canada)

-South America

-Asia Country (China, Japan, India, Korea)

-Europe Country (Germany, UK, France, Italy)

-Other Country (Middle East, Africa, GCC)

Table of Content of the Energy Efficient Powder Coatings Market:

Section 1 Energy Efficient Powder Coatings Product Definition

Section 2 Global Energy Efficient Powder Coatings Market Manufacturer Share and Market Overview

Section 3 Manufacturer Energy Efficient Powder Coatings Business Introduction

Section 4 Global Energy Efficient Powder Coatings Market Segmentation (Region Level)

Section 5 Global Energy Efficient Powder Coatings Market Segmentation (Product Type Level)

Section 6 Global Energy Efficient Powder Coatings Market Segmentation (Industry Level)

Section 7 Global Energy Efficient Powder Coatings Market Segmentation (Channel Level)

Section 8 Energy Efficient Powder Coatings Market Forecast 2018-2023

Section 9 Energy Efficient Powder Coatings Segmentation Product Type

Section 10 Energy Efficient Powder Coatings Segmentation Industry

Section 11 Energy Efficient Powder Coatings Cost of Production Analysis

Section 12 Conclusion

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• Segmentation based on type, application, geography and others.

• Increasing key areas and regions of the distributed generation market.

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• Significant changes and assessments of market dynamics and developments.

• Important business strategies of key market players for distributed generation systems and their main technologies.

In summary, the market report for Energy Efficient Powder Coatings lists the main regions, competitive conditions of the market and the price of a product, turnover, volume, production, demand and supply, growth rate of industry and forecasts, etc. This report also provides the feasibility of investment analysis, SWOT analysis and return analysis.

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#Energy Efficient Powder Coatings Market Size #Energy Efficient Powder Coatings Market Forecast #Energy Efficient Powder Coatings Market Share #Energy Efficient Powder Coatings Market Share Analysis

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vicky8588 · 3 years ago

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Acrylic Surface Coatings Market

Market Overview

The "Global Acrylic Surface Coatings Market" is expected to grow at a high CAGR of 3.9% during the forecasting period (2021-2028).

Acrylic surface coatings are made up of acrylic or methacrylic polymers with strong color retention properties and strength against damage caused by environmental factors. They act by completely or partially covering the substrate.

The acrylic coatings share increased constantly over the last decade and accounted for nearly 25% of the global paints and coatings market in 2019.

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Market Dynamics

New developments in the applications of acrylic surface coatings are propelling the market growth. Acrylic surface coatings can be used efficiently in industrial insulation applications. Transfer of thermal energy leads to various issues such as increased energy use, heat loss in processing equipment, and a higher incidence of worker injuries through contact with hot substrates. Traditional insulation methods include fiberglass and polyurethane foam, which consist of thick layers of insulation. These methods come with high maintenance and various issues related to corrosion and damages in the production facility.

Besides, increasing consumption of waterborne acrylic surface coatings in waterproofing applications will drive the market further in the forecast period. Waterborne acrylic coatings are the most popular coatings in the weatherproofing of roofs. They have dominated the paints and coatings market in the last two decades, and their market share is increasing, driven by trends and preferences in end-use industries.

On the other hand, growing raw material prices and stringent regulations on paints and coatings hinder the market growth. The major share of acrylic monomers going into the production of PMMA, which is used in applications ranging from the manufacture of aquariums to cell phones and LCDs. This results in a shortage of supply for paint manufactures and eventually leads to increases in coatings' prices.

Segment Analysis

– By Substrate

· Metal*

· Plastic

· Concrete

· Wood and Others

– By Technology

· Waterborne Coatings*

· Solventborne Coatings

· Powder Coatings

· Others

Geographical Analysis

The global acrylic surface coatings market is conquered by the Asia-Pacific region in 2019 with approximately 45% of the total market, followed by North America and Europe with XX% and XX%, respectively. The paints and coatings market in North America and Europe are in a mature stage of production and usage. Thus, emerging economies such as India, China, and Middle East countries show noteworthy growth rates than North America & Europe.

Asia-Pacific has about 62% of the world’s population, which is expected to rise further over the forecast period. This population growth corresponds to a commensurate demand for various facilities such as housing and supporting infrastructure. It also warrants an upgrade in the manufacturing industry’s capabilities. The region is a hub for investments because of the significant growth rates displayed by various end-use industries.

Competitive Landscape

Axalta, BASF, DOW Chemicals, Nippon Paints, PPG, and Sherwin-Williams led the global acrylic surface coatings market. Along with their subsidiaries, these players constitute around 47% of the market in terms of value. The rest of the share is contributed by medium to small-scale localized paint manufacturers who either cater to dedicated customer segments or rely on cheaper formulations to cater to the low-end market requirements.

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rahulpande15 · 3 years ago

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Laminated Busbar Market Analysis, Business Growth & Opportunities to 2030

As the laminated busbar market 2020 worldwide is treading along a healthy growth track, it is now anticipated to rake in a healthy share of the revenue pie with ~7.02% CAGR. The report is gathered by Market Research Future. It has also analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market operators, and disrupters, which is reflected in this analysis.

Top Impactful Factors

MRFR also finds that the rising awareness of energy-saving and efficiency, rising renewable energy integration, and mounting demand for hybrid and electric vehicles are some of the other essential factors driving the laminated busbar market trends. In fact, the swelling number of smart cities has foremost opportunities for the laminated busbar market growth.

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Furthermore, the mounting renewable energy integration, growing demand for hybrid and electric vehicles, as well as escalating awareness about energy saving and efficiency, will drive the global laminated busbar market. With this, the mounting number of smart cities has brought significant opportunities for the laminated busbar market for many years, which has led to the market’s development at a rapid pace.

The last section finds that the demand for the busbar is likely to see a surge in the next years, chiefly for alternative energy. Power generation throughout alternative sources of energy requires the generation of DC feeds into a capacitor circuit and insulated-gate bipolar transistor, via a low inductance laminated busbar.

Segmentation of Market:

The worldwide laminated busbar market has been segmented on segments of insulation material, conductor, and end-use.

In terms of the insulation material segment, the market has been classified into Kapton, epoxy powder coating, Tedlar, Nomex, mylar, and teonex. Among these, the Tedlar sub-segment leads the market as Tedlar is used for the harsh environment as it performs remarkably in high temperature and high-pressure applications.

In terms of the conductor, the market has included copper and aluminum.

In terms of end-use, the market has included transportation, alternative energy, telecom, data centers, industrial, power electronics & silicon carbides, aerospace & defense, among others. It is anticipated that the power electronics segment can lead the global market in the years ahead, on behalf of the heightened demand for renewable energy sources.

Regional Front

Asia Pacific, Europe, North America, and RoW or the rest of the world are the top markets for laminated busbar across the globe.

The APAC laminated busbar market trends can primarily benefit from the increasing use of renewable energy sources, mounting awareness on energy saving as well as efficiency, and the escalating demand for electric and hybrid vehicles. The rising pervasiveness of smart cities gives rise to opportunities in the regional laminated busbar market. The fast economic expansion across nations like India and China has led to a surge in the energy demand along with its consumption, owing to which power outages and shortage have become quite common. To find a solution for such issues, various government bodies in the APAC region are working on improving infrastructure with the use of energy-efficient products such as laminated busbar, leading to better business expansion.

The speedily growing share of renewable energies contributes highly towards the market growth in Europe. The heightened usage of electric vehicles and hybrid vehicles backed by the sturdy support of the government in countries like Germany, France, the UK, and Denmark, push the uptake of laminated busbar in the region. The region is also concentrated with several renowned players that are frequently working on product innovations and other strategies to fortify the incidence in the market. In the case of point, Mersen Company in France, known for its vast product offering about electrical power materials, is continually adopting organic as well as inorganic strategies to inflate its worldwide presence.

Top Market Players

The renowned contenders functional in the global laminated busbar market are listed as Jans Copper (India), Mersen (France), Suzhou West Deane Machinery (China), Amphenol (US), Shenzhen Woer New Energy (China), Rogers (Canada), Storm Power Conductors (US), OEM Automatic (UK), Electronic Systems Packaging (US), Ryoden Kasei (Japan), Shennan Circuits (China), Idealac (Jordan), and Zhuzhou Crrc Times Electric (China).

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industry365 · 3 years ago

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Alcoholic Beverages Market Is Expected To Reach New Growth Revenues During 2021-2028

The global metal powder market size is expected to reach USD 9.73 billion by 2028 according to a new study by Polaris Market Research. The report “Metal Powder Market Share, Size, Trends, Industry Analysis Report, By Production Method (Chemical, Mechanical, Physical); By Type (Ferrous, Non-Ferrous); By Application (Additive Manufacturing, Powder Metallurgy, Metal Injection Molding, Others); By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Manufacturing companies are increasingly turning towards powder metallurgy for the production of objects using the product. Powder metallurgy includes a combination of alloys, which are compacted in a die, followed by sintering at high temperatures for bonding. Powder metallurgy is a forming technology that offers cost-efficiency, energy savings, and greater surface finish.

The different types of the product include ferrous and non-ferrous. The ferrous segment accounted for the highest share in 2020. However, the demand for non-ferrous metal powder is expected to increase significantly during the forecast period.

Aluminum powder is fine and granular and is used for applications such as explosives, automobiles, welding, paints, and the manufacturing of ferroalloys. It also finds application in rocket fuel, printing inks, protective coatings, abrasives and ceramics, and production of inorganic and organic aluminum chemicals.

The different applications of the product include additive manufacturing, powder metallurgy, injection molding, and others. The demand for additive manufacturing is expected to increase during the forecast period. Additive manufacturing uses the product for the manufacturing of complex geometries and mass customization of parts.

The healthcare industry has registered an increasing adoption of additive manufacturing for medical devices in orthopedics, implantology, and dentistry. Additive manufacturing provides higher design freedom, flexible manufacturing, and mass personalization.

Download sample : https://www.polarismarketresearch.com/industry-analysis/metal-powder-market/request-for-sample

The product is used in diverse industries such as defense and aerospace, construction, automotive, healthcare, and others. The automotive segment accounted for the highest market share in 2020. The increasing application of the product for casting, forging, stamping, and manufacturing of automotive components has increased the demand for the product.

Factors such as the growing automotive industry, increasing demand for luxury vehicles worldwide coupled with electrification and modernization of vehicles boost the market growth of the product in the automotive industry. Rising urbanization, technological advancements, and an increase in the sale of passenger vehicles have resulted in diverse applications of the product.

Asia Pacific dominated the global market in 2020 and is expected to maintain its dominance over the forecast period. There has been increasing demand for the product from industries such as construction, defense and aerospace, and healthcare, thereby driving the growth of the market in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.

Some of the major market participants include Hitachi Chemicals Co. Ltd., Miba AG, GKN PLC, Hoganas AB, BASF SE, Sandvik AB, Changsha Hualiu Metal Powders Ltd, Metaldyne Performance Group, CNPC Powders, Carpenter Technology Corporation, Allegheny Technologies Incorporated, Advanced Technology (Bazhou) Special Powder Ltd, POLEMA, Alcoa Inc., Yingtan Longding New Materials & Technologies Ltd, Pometon Powder, and RIO Tinto.

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Polaris Market Research has segmented the metal powder market report on the basis of production method, type, application, end-use, and region:

Metal Powder Production Method Outlook (Revenue, USD Million, 2016 – 2028)

Chemical

Mechanical

Physical

Metal Powder Type Outlook (Revenue, USD Million, 2016 – 2028)

Ferrous

Non-Ferrous

Metal Powder Application Outlook (Revenue, USD Million, 2016 – 2028)

Additive Manufacturing

Powder Metallurgy

Metal Injection Molding

Others

Metal Powder End-User Outlook (Revenue, USD Million, 2016 – 2028)

Automotive

Industrial

Aerospace and Defense

Construction

Healthcare

Others

Metal Powder Regional Outlook (Revenue, USD Million, 2016 – 2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

U.S.

Canada

Germany

UK

France

Italy

Spain

RoE

China

India

Japan

South Korea

RoAPAC

Brazil

Mexico

Colombia

RoLATAM

Saudi Arabia

South Africa

Israel

UAE

RoMEA

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reportsanddata · 3 years ago

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Sugar-Based Excipients Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2020–2028

Increasing use of co-processed excipients to improve dissolution, solubility, bioavailability of drugs, rising demand of generic oral prescribed medications, and technological advancements in sugar-based excipients are some key factors driving market growth.

The global sugar-based excipient market size is expected to reach USD 1,542.5 Million by 2028 at a CAGR of 4.5%, according to the latest report by Reports and Data. Increasing use of co-processed excipients to improve dissolution, bioavailability, growth in pharmaceuticals manufacturers, surging demand and production of Orally Disintegrated Tablets (ODT), rising demand of pharmaceuticals drugs, scientific development in genetics industry, and availability of low-cost manufacturing infrastructure, and technological advancements in sugar-based excipients are some key factors expected to drive market revenue growth over the forecast period.

Excipients are the inactive substances that are used in production of drugs specifically to conceal the effect or the bitterness of active agents present in drugs. Sugar-based excipients have been FDA-approved substances used in medicines given to children. Sugar-based excipients are most popularly used in antibiotics and cough syrups. They are primarily applicable in disintegration of Active Pharmaceutical Ingredients (API) present in medicines, and widely used in sucrose, glycerol, saccharin sodium, and sorbitol. Sugar-based excipients are also used as fillers, binders and coating materials, they reduces stickiness and enhance flavors of medicines, making it highly palatable.

Increasing government initiatives to support production of sugar-based excipients is one of the key factors expected to boost market revenue growth over the forecast period. There are lucrative opportunities to the market players operating in the global sugar-based excipients market because of rising expansion and development in pharmaceutical companies. Growing development in oral prescription medications, increasing adoption of co-processed excipients, and government support in drug advancement are some key factors expected to contribute to market growth going ahead. However, rising administrative demands lead to shortage of FDA-approved products, high costs of sugar-based excipients, and issues with the quality, and impurities present in sugar-based excipients are expected to hamper market growth to a certain extent over the forecast period.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/437 Some Key Highlights from the Report:

Actual sugar segment is expected to account for a sizeable revenue share in the global market owing to its increased utilization in oral prescription medicines, and pediatric formulation due to its non-toxicity, and high-efficiency.

Coatings powders/granules segment is expected to register robust revenue CAGR over the forecast period owing to increasing applications in medical & pharmaceutical industries, expansion of generic medicines, and increasing pediatric population.

Asia Pacific market revenue is expected to expand significantly over the forecast period owing to increasing growth and development in genetics field, growing healthcare and pharmaceutical industry, development in Orally Disintegrating Tablets (ODTs), and increasing government funding and investment in healthcare sector to support growth and innovation in sugar-based excipients.

Key players in the market include

DFE Pharma, Archer Daniels Midland Company, Ashland Inc., Roquette Group, The Lubrizol Corporation, Associated British Foods PLC, Cargill, Inc., Colorcon Inc., FMC Corporation, and Meggle AG.

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Type Outlook (Revenue, USD Billion; 2018 – 2028)

· Actual Sugars

· Sugar Alcohols

· Artificial Sweeteners

Application Outlook (Revenue, USD Billion; 2018 – 2028)

· Coatings Powders/Granules

· Direct Compression Sugars

· Crystals, Syrups

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In-depth regional analysis includes:

· North America (U.S., Canada, Mexico)

· Europe (Italy, U.K., Germany, France, Rest of EU)

· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Furthermore, the report segments Sugar-Based Excipients market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.

Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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reportr · 3 years ago

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Composite Manufactures Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Market Highlights:

As per the MRFR analysis, the global Composite Manufactures Market witnessed a healthy growth, and the market is likely to witness exponential growth over the next seven years. The market growth is attributed towards the continuously rising demand for lightweight automotive & aerospace components in order to reduce carbon emission and enhance fuel efficiency. The increasing usage of composites in construction applications coupled with a significant rise in construction output of developing economies is set to uplift the market growth. Higher income levels in developing countries of Asia Pacific and Latin America is further expected to drive the end-use industries and in turn augment composite consumption.

Advanced composites are gradually penetrating in several end-use industries replacing conventional metals such as steel and iron. Reduced cycle time, codes and standards to support new material are factors slated to positively influence global composites market over the forecast period. With improving composite technology, its benefits are becoming more pronounced, and the costs of building materials are going down with added superior characteristics. However, strict regulatory environment related to polymers along with high capital expenditure are key challenges faced by industry participants and are touted to restrict market growth.

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Segment Analysis:

The global composites market is segmented by the type, technology, resin type, application, and region. Polymer matrix composites emerged as the leading type segment and accounted for over 85% of the overall market share in 2016. The material consists of a polymer (resin) matrix combined with a fibrous reinforcing dispersed phase. Simple fabrication methods and low cost are key factors determining the preference for polymer matrix over the forecast period. Increasing demand from automotive & aerospace industries along with the emergence of refractory matrix metals is anticipated to boost the market growth for metal matrix composites. It is expected to witness a volume CAGR of 5.59% from 2017 to 2023. Thermoset composites were the largest resin segment with over 60% of the overall market share in 2016 and are expected to continue its dominance over the next seven years. Major benefits associated with composites include superior strength, lightweight, excellent modulus of elasticity, and extraordinary corrosion resistance. Injection molding is expected to be the fastest growing technology segment with demand driven by factors such as increasing penetration in electrical & electronics industry. The segment accounted for 13% of the overall market in 2016 and is expected to witness a CAGR of 10.98% from 2017 to 2023.

Geographically, North America dominated the global composites market, accounting for more than one-third of the value share of the overall market. A significant increase in aerospace manufacturing coupled with continuous innovation to widen the application scope is driving regional market growth. Revitalization of the automotive industry with an increase in production and sales is another factor driving the North America composites demand. Asia Pacific is set to emerge as the fastest growing regional market with a shift of major automotive manufacturing facilities and rapid growth of electrical & electronics and wind energy industries. The region is anticipated to witness an estimated CAGR of 11.28% over the forecast period.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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