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Throat Lozenges: Alleviating Sore Throats New Findings Offer Promising Relief
What are Throat Lozenges?
Cough drop are medicated candy-like tablets that are designed to provide quick relief to coughs or sore throats. They dissolve slowly in the mouth, allowing the ingredients to coat and soothe the throat. Key Ingredients in Throat Lozenges
Throat Lozenges generally contain one or more of the following active ingredients that work to relieve throat irritation : Anesthetics - Such as benzocaine or phenol aid in numbing throat pain. They work topically to reduce throat sensitivity. Anti-inflammatory Agents - Like menthol or eucalyptus oil work by reducing inflammation. They promote mucus drainage to clear congestion. Demulcents - Materials like honey or glycerin coat the throat lining. They protect it from further irritation when swallowing or coughing. Antibiotics - Lozenges containing tetracycline are occasionally prescribed for bacterial throat infections. They treat specific infections. How do Throat Lozenges Work?
When a throat lozenge dissolves in the mouth, its active ingredients are released. They coat and numb the throat, reducing discomfort. Specific ingredients may also reduce swelling or treat infections : - Anesthetics temporarily numb painful areas, blocking throat pain signals. - Anti-inflammatory agents decrease swelling in irritated throat tissues. This lessens pain. - Demulcents form a protective film over inflamed areas, shielding them from further irritation. - Antibiotics kill or limit bacterial growth if a strep throat is present. This resolves the underlying cause. The slow dissolving nature also allows the throat to be continuously coated for 30-60 minutes, enhancing relief during that period. Using Cough drop Effectively
For best results, cough drop should be used as per product instructions. Some general tips on their effective use include: - Allow the lozenge to dissolve slowly in the mouth, rather than chewing or swallowing it whole. This ensures maximum coating of the throat. - Suck on the lozenge for at least 15-20 minutes for the ingredients to take maximum effect before swallowing any remnants. - Use lozenges at the first signs of a sore throat, rather than waiting for severe pain. Early action provides prompt symptom relief. - Lozenges work best for recently developed throat irritations. See a doctor for persistent or worsening pain. - Drink plenty of fluids while using lozenges to keep the throat moist. Water is recommended over acidic juices. - Lozenges containing local anesthetics provide temporary pain relief. Seek medical help if symptoms persist beyond a few days. Popular Throat Lozenge Brands
Some globally recognized throat lozenge brands offering effective temporary relief include: - Halls: Known for its menthol and eucalyptus flavors, it soothes and fights germs. - Strepsils: Contains phenol as an active ingredient. It aims to relieve pain from streptococcal sore throats. - Thayers: A honey-based lozenge brand formulated to moisturize and protect the throat naturally. - Chloraseptic: Branded lozenges utilizing benzocaine as an oral anesthetic to numb throat pain. - Cough Drops: A variety of flavored cough drop and drops by Ricola and Fishermans Friend. - Biotene: Specialized lozenges and mouthwashes for dry mouth relief alongside sore throat symptoms. In Summary, cough drop are widely available over-the-counter at pharmacies. They offer a convenient, drug-free way to temporarily relieve common throat afflictions. Using them properly under medical guidance helps maximize symptom comfort.
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#Throat Lozenges Comfort#Throat Lozenges Herbal Remedies#Throat Lozenges Pain Relief#Throat Lozenges Fast-Acting#Throat Lozenges sore throat relief
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Wind Turbine Composite Materials Market - Forecast(2024 - 2030)
Wind Turbine Composite Materials Market Overview
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The government across the globe is also investing huge amounts in alternative energy sources such as solar and wind which is further supporting the market growth for composite materials. The increasing focus of governments on offshore wind energy installations is driving the market growth between 2021â2026. However, the high cost of carbon fiber and epoxy resin and recyclability issue of composites will likely hamper the market growth during the forecast period.
COVID-19 Impact
The COVID-19 pandemic has impacted the composite materials industry which has further impacted the wind turbine market. Due to the Covid-19, the manufacturing industry is impacted very badly that further impacted the wind turbine composite materials market. The slowdown in wind turbine installations and lack of raw material supplies, and workforce are impacting the market negatively. The covid-19 impacted every operation such as supply chain, production, sales, and others. However, the companies resumed their operation in 2021, which may positively impact the market.
Report Coverage
The report: âWind Turbine Composite Materials MarketâââForecast (2021â2026)â, by IndustryARC, covers an in-depth analysis of the following segments of the Wind Turbine Composite Materials industry. By Fiber Type: Glass Fiber, Carbon Fiber, Aramid Fiber, and Basalt fiber By Resin Type: Thermoplastic [Polyethylene, Polystyrene, Polyamides, Nylon, Polypropylene, Others], and Thermoset [Epoxy, Polyester, Phenolic Polyamide, and Others] By Technology: Injection Molding, Compression Molding, Pultrusion, Filament Winding, and Layup By Application: Blades, Wind turbine Hub, Rotor, Tower, Nacelle, Cables, Blade Pitch Controller, Propellers, and Others By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Netherlands, Belgium, Spain, Denmark, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (the Middle East and Africa)
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Key Takeaways
The Asia Pacific region is expected to dominate the market and register the highest CAGR of 12.8% during the forecast period (2021â2026). The presence of leading chemical companies along with rapid growth in the personal care industry is propelling regional growth.
Epoxy resin is one of the widely used resins in wind turbine manufacturing. The segment is expected to register a high growth rate during the forecast period.
The growing installation of wind turbines in developing countries such as Brazil, Mexico, India, and China is creating a positive impact on the usage of wind turbine composite materials.
Figure: Asia Wind Turbine Composite Materials Market Revenue, 2020â2026 (US$ Billion)
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Wind Turbine Composite Materials Market Segment Analysis: By Fiber Type
The glass fiber reinforced plastics segment accounted for the largest share of more than 55% in the wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Glass fiber offers various properties including high strength, high durability, weather-resistant, and lightweight have boosted its demand in numerous end-use industries. The easy availability and cost-effectiveness of glass fiber reinforced plastics are the key factors propelling the demand for glass fiber composites in wind turbine manufacturing. The carbon fiber segment will register a significant growth rate during the forecast period. Carbon fibers offer various properties such as low thermal expansion, high stiffness, high-temperature tolerance, and high chemical resistance among others.
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Wind Turbine Composite Materials Market Segment Analysis: By Resin Type
The thermoset segment accounted for the largest share of more than 70% in the Wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Thermoset composite is usually based on carbon, glass, and aramid fibers. Epoxy resin is the widely used thermoset type in wind turbine composite materials. Approximately 50% of European wind blades are manufactured from epoxy resin. These resins offer lightweight, and good adhesion compared to other resin types. Generally, they are combined with glass fibers and carbon fibers to manufacture wind blades. The thermoplastic segment is expected to register a significant growth rate during the forecast period. Thermoplastics are less expensive compared to thermoset resin types. They are easily weld-able, non-toxic in nature, and recyclable. These are some of the driving factors supporting the market growth between 2021â2026.
Wind Turbine Composite Materials Market Segment Analysis: By Technology
The Layup segment accounted for the largest share of more than 33% in the wind turbine composite materials market in 2020 and is estimated to grow at a significant rate during the forecast period. Layup is the most common method used for the production of composites. The method is involved in placing layers of composite fiber in a structured order by using a matrix of resin and hardener. This method is widely used for the production of wind blades.
Wind Turbine Composite Materials Market Segment Analysis: By Application
The blades segment accounted for the largest market share of more than 55% of the market in 2020 and is estimated to grow significantly during the forecast period. Turbine blades serve as the most important composite-based part of wind turbines. The growing demand for wind energy is driving manufacturers to develop large wind blades for the high production of wind energy. For the development of large blades, a huge quantity of composite materials is used. Glass fibers and carbon fibers are used for the manufacturing of wind blades.
Wind Turbine Composite Materials Market Segment AnalysisâââBy Geography
The Asia Pacific region held the largest share of more than 45% in the Wind Turbine Composite Materials market in 2020, owing to the rapid growth in the installation of wind turbines. The presence of developing nations such as China and India is driving the market growth. The presence of leading wind turbine manufacturers including Suzlon Energy Limited, and AVIC Huiteng Windpower Equipment Co., Ltd are supporting the regionâs growth during the forecast period. The increasing investments by key developers for manufacturing efficient wind turbines are also boosting the market growth during the forecast period. According to the data published by Global Wind Energy Council (GWEC), China installed about 52 gigawatts of new wind power capacity in 2020.
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Wind Turbine Composite Materials Market Drivers
Rising Demand for Renewable Energy Sources
Wind energy is one of the fastest-growing renewable energies globally. Wind power is a clean energy source, and its usage is on the rise worldwide. The U.S. wind energy occupies approximately 38% of total renewable energy produced in 2019. According to the IRENAâs data, wind energy generation is increased from 7.5GW in 1997 to 564GW by 2018. Some ongoing and under-construction wind projects in the U.S. include Traverse Wind Energy Center, Aviator Wind Project, Goodnight Wind Energy Project, Alle-Catt Wind Farm, and Vineyard Wind I among others. According to the Ministry of New and Renewable Energy (MNRE), India has the fourth-highest wind installed capacity in the world with a total installed capacity of 39.25 GW (as of 31st March 2021) and has generated around 60.149 billion Units during 2020â2021. According to the European Commission, the total installed wind energy capacity in Europe reached 210GW and is estimated to reach 350GW, supplying up to 24% of electricity demand
Wind Turbine Composite Materials Market Challenges
Recyclability Issue of Composites
Composite materials are preferred for wind applications because of their durability and superior strength. Proper waste disposal and recycling at the end of the useful life of composite materials are necessary. Many current and future waste management and environmental legislation are making strict regulations on engineering materials to be properly recovered and recycled. The complex material compositions and the cross-linked nature of thermoset resins are making it difficult for recyclability. However, the use of polymers that can be recycled when used with carbon and other niche fibers reduces the composite non-recyclable. This has become a major issue as the landfills are filling up at a faster pace along with the need for going green due to global warming. Biological attack on composite materials may consist of fungal growth or marine fouling
Wind Turbine Composite Materials Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Wind Turbine Composite Materials market. Major players include:
TPI Composites, Inc.
MFG Wind
LM Wind Power
Gamesa Corporation Technology
Vestas Wind Systems A/S
Suzlon Energy Limited
Siemens AG
AVIC Huiteng Windpower Equipment Co., Ltd.
AREVA and others.
Acquisitions/Technology Launches
In May 2021, Hexcel launched a range of HexPlyÂŽ surface finishing prepregs and semi- prepregs for wind turbine blades and automotive and marine applications.
Relevant Reports
Composite Materials MarketâââForecast(2021â2026) Report Code: CMR 0010
High-Temperature Composite Materials MarketâââForecast(2021â2026) Report Code: CMR 10087
For more Chemicals and Materials Market reports, please click here
#WindTurbine#CompositeMaterials#RenewableEnergy#SustainableTech#GreenEnergy#MaterialInnovation#CleanEnergySolutions
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Electronic Adhesives Market - Forecast (2024-2030)
Electronic Adhesives Market Overview
Electronic Adhesives Market Size is forecast to reach $ 6,820 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Electronic adhesives are used for circuit protection and electronic assembly applications such as bonding components, wire tacking, and encapsulating electronic components. The use of electronic adhesives in manufacturing components for electric vehicles such as printed circuit boards, lithium-ion batteries, and battery pack assemblies are facilitating growth of the market. Growing adoption of surface mounting technology to replace welding and soldering is one of the prominent trends in the electronics industry, shaping the demand for electronics adhesives.
Report Coverage
The report:Â âElectronic Adhesives Market â Forecast (2024-2030)â, by IndustryARC, covers an in-depth analysis of the following segments of the Electronic Adhesives Industry.
By Type:Â Thermal Conductive, Electrically Conductive, Ultraviolet-Curing and Others.
By Resin Type: Epoxy, Cyanoacrylates, Polyamides, Phenolic, Silicones, and Others (Acrylics, and Polyurethane)
By Application:Â PCBâs, Semiconductor, and Others
By End-User Industry:Â Consumer Electronic (Wearable Devices, LEDs & TVs, Smart Phones & Tablets, Computers, Laptops, and Others), Healthcare, Energy & Power (Solar, Wind, and Others), Telecom Industry, Transportation (Automotive (Passenger Vehicles, Light Commercial and Heavy Commercial Vehicles), Marine, Locomotive, and Aerospace), Oil & Gas, Chemical, Pulp & Paper, and Others.Â
By Geography:Â North America, South America, Europe, APAC, and RoW
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Key Take away
In 2020, North America held the largest share after APAC. Due to growing demand for electronic adhesives in electronics and telecommunication industry. The US hold the largest share in the region over the forecast period.
Growing adoption of electric vehicles is expected to provide a major growth opportunity for the market.
Emission of Volatile Organic Compounds (VOCâs) may deter the market's growth during the forecasted period.
COVID-19 has hindered the market growth owing to the disruption of supply chain and worldwide lockdown.
Electronic Adhesives Market Segment Analysis - By Type
Electrically Conductive segment held the largest share of more than 30%Â in the electronics adhesives market in 2020. Electrically Conductive are used in various industry verticals such as aerospace, automotive, medical, and telecom products. Electrically conductive is an excellent solution for making electrical contacts on PCBs and other temperature-sensitive substrates, as their curing temperature is below the soldering temperature. An increase in demand for Anisotropic Conductive Adhesives (ACA) in LCD connections, PCBs, and bonding antenna structures further boost the demand for the market. Electric conductive are also used in the LED industry for their capacity to serve as stable electrical contacts by absorbing mismatches, which will likely boost the market's growth for the forecasted period.
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Electronic Adhesives Market Segment Analysis - By Resin Type
Epoxy segments held the largest share of more than 25% in the market in 2020. Epoxy is widely used in electronic applications, either in two-part or single-part heat cure products. Epoxy has good resilience against environmental and media influences, it has a dry and non-tacky surface which is perfect to be used as a protective coating and is widely used in adhesives, plastics, paints, coatings, primers and sealers, flooring, and other. Curing epoxy adhesives can take place either at room or elevated temperature or through photoinitiators and UV light. Modern photoinitiators also react to the special UV spectrum of LED light sources, so that newly developed epoxide resin adhesives can be cured with both UV and UV LED light. Some epoxies exhibit optical properties and diffraction indexes, making them useful for applications in precision optics, lens bonding, and information technology, which will further boost the market's growth.
Electronic Adhesives Market Segment Analysis - By Application
Printed Circuit Boards (PCBs) segment held the largest share of more than 35% in the market in 2020. Electronic adhesives are used as a conformal coating in PCBs. Adhesive is used in wire tracking, potting & encapsulation of components, conformal coatings of circuit boards, and bonding of surface mount components. PCBs are highly reliable, cheap, less chance of short circuit, easily repairable, and are compact in size. The growing uses of laptops, smartphones, and household appliances coupled with developing living standards further drive the growth of PCB. Whereas, the growing uses of PCBâs in automotive, industrial & power equipment, control & navigation systems, and aerospace monitoring also contribute to the market growth. According to Aerospace Industries Association (AIA) report, in 2018, aerospace and defense exports amounted to $151 billion, an increase of 5.81% from the previous year, and civil aerospace accounted for the majority of exports with $131.5 billion.
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Electronic Adhesives Market Segment Analysis - By End-User Industry
Consumer Electronics segment held the largest share of more than 30% in the Electronic Adhesives Market in 2020. Rapid urbanization and increase in the development of new technology have propelled the demand for consumer electronics. As per the United Nations, 55% of the worldâs population lives in urban areas, which propel the demand for consumer electronics. The growing demand for lightweight and portable equipment such as smartphones, laptops, and digital cameras are playing a significant role in boosting the demand for the market. As per a report released by Nexdigm Private Limited, a private company, the global electronics industry is expected to reach $7.3 trillion by 2025, which will significantly propel the demand for the market during the forecasted period.
Electronic Adhesives Market Segment Analysis - By Geography
Asia-Pacific held the largest share of more than 45% in the Electronic Adhesives Market in 2020. China, India, and Japan are the major contributors to the growth of Electronic Adhesives Market in APAC. The large consumer base, developing manufacturing sector, and increase in middle-class population along with smart city projects are major factors for the market growth. As per the Indian Brand Equity Foundation (IBEF) report released in 2020, electronics manufacturing in India is expected to reach $163.14 billion by 2025, and demand for electronics hardware in India is expected to reach US$ 400 billion by 2024. The shifting of production lines to the APAC region for the low cost of production and the ability to serve the local emerging market is another factor for the growth of the market in the region.
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Electronic Adhesive Market Drivers
Growing Need for Miniaturized Electronic ProductsÂ
Growing demand for low-cost, reliable, and miniaturized electronic devices from consumers propel the market's growth. The increasing demand for miniaturized products has led to the development of smaller electrical components, which occupy less area. The need for smaller and thinner consumer electronics devices is a new trend among consumers. The surface mount technology helps in using and assembling much smaller components, thus facilitating a smaller, portable, and lightweight electronic device. Pocket calculators, smartwatches & other wearable devices are some of the examples. Such miniature devices will further drive the demand for electronic devices and in return will boost the demand for the Electronic Adhesives Market as they are used in manufacturing these devices.
Introduction of 5G NetworkÂ
Introduction 5G networks are planned to increase mobile broadband speeds and added capability for 4K/8K video streaming, virtual reality (VR) or augmented reality (AR), Internet of Things (IoT), and mission-critical applications. Introduction of 5G will boost the telecommunication industry, with better coverage, and internet speed, which also create a demand for Electronic Adhesives Market as they are used in manufacturing telecom devices. 5G will transmit data ten times faster than 4G and is set to take hold in 2020. This will spark a revolution in many industries such as electronic, energy, medical, automotive, defense, aerospace and others, which will boost the market's growth. 5G will impact the viewing experience for consumer, with its VR & AR which will further boost the demand for consumer electronic industry, which in return will boost the demand for electronic adhesive market.
Electronic Adhesive Market Challenges
Technological Changes & VOC Emission
The market is facing challenges due to technological changes. Shorter leads can damage temperature-delicate components in several applications and to overcome such obstacles electrical components should be assembled after soldering. However, this hampers productivity due to higher costs of production and time consumed in the manufacturing process. Growing concern over the emission of volatile organic compounds (VOCs) is expected to hamper the market growth over the coming years. During the manufacturing of electronics adhesives, VOC is discharged that may pose health and environmental concerns. VOCs are the major contributors to smog and ozone formation at low atmospheric levels.  Â
Emergence of COVID 19
The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. And the Electronic Adhesives Market was no exceptional, as the global production facilities of the electronics, parts have been reduced due to the logistics slowdown and unavailability of the workers. Furthermore, various e-commerce sites had discontinued the delivery of non-essential items which included electronics devices, which affected the electronic industry.
Electronic Adhesive Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Electronic Adhesives Market. In 2020, the market of electronic adhesives has been consolidated by the top 10 players accounting for xx% of the share. Major players in the Electronic Adhesives Market are BASF SE, Panacol-Elosol GmbH, 3M Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Hitachi, Ltd., Mitsui & Co., Ltd., Bostik, Inc., Chemence Inc., tesa SE, Parker Hannifin Corp., Meridian Adhesives Group, among others.
Acquisitions/Technology Launches
In November 2019, Bostik, Inc., announced it has launched a new range of innovative engineering adhesives Born2Bondâ˘, for bonding applications in automotive, electronics, luxury packaging, and medical devices. With this new launch Bostik will not only expand its product portfolio but also expand it offering to various industries, which will further drive the market's growth. Â
In September 2020, Meridian Adhesives Group, a leading manufacturer of high-value adhesives technologies has announced that the âCompanyâ would be serving the Electric Vehicles Market and provide its adhesive solution, with this announcement Meridian Adhesives would expand its product offering in automobile industry, which will further derive the market's growth.
Key Market Players:
The Top 5 companies in Electronic Adhesives Market are:
Panacol-Elosol GmbH
3MÂ
H.B. Fuller Company
Henkel AG & Co.KGaA
Parker Hannifin Corp.
#Electronic Adhesives Market Size#Electronic Adhesives Market Trends#Electronic Adhesives Market Growth#Electronic Adhesives Market Forecast#Electronic Adhesives Market Revenue#Electronic Adhesives Market Vendors#Electronic Adhesives Market Share#Electronic Adhesives Market
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Industrial Phenols Market Size and Share Analysis: Key Growth Trends and Projections
Industrial Phenols Market Strategies: Taking Advantage of Trends to Drive Growth in 2032
The Industrial Phenols Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.
According to Straits Research, the global Industrial Phenols Market market size was valued at USD 16.83 billion in 2023. It is projected to reach from USD 17.64 billion in 2024 to USD 25.81 billion by 2032, growing at a CAGR of 4.87% during the forecast period (2024â2032).
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TOP Key Industry Players of the Industrial Phenols Market
Aditya Birla Chemicals
Bayer Material Science
PTT Phenol
Shandong Sheng Quan Chemicals Co. Ltd.
ALTIVIA Chemicals, LLC
Ineos AG
Domo Investment Group Nv
Deepak Nitrite Limited
CEPSA QuĂmica, S.A.
PTT Global Chemical Public Company Limited
Solvay SA
Mitsui Chemicals, Inc
AdvanSix Inc.
Royal Dutch Shell plc
Global Industrial Phenols Market: Segmentation
As a result of the Industrial Phenols market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.Â
By Manufacturing Process
Cumene Process
Raschig Process
Dow Process
By Phenol Derivative
Bisphenol A (BPA)
Alkyl Phenols
Chlorophenols
Caprolactam
Salicylic Acid
By Applications
Plastic Manufacturing
Electronics
Automobiles
Cosmetics
Disinfectant
Others
Browse Full Report and TOC @Â https://straitsresearch.com/report/industrial-phenols-market/request-sample
Reasons for Buying This Report:
Provides an analysis of the evolving competitive landscape of the Automatic Rising Arm Barriers market.
Offers analytical insights and strategic planning guidance to support informed business decisions.
Highlights key market dynamics, including drivers, restraints, emerging trends, developments, and opportunities.
Includes market estimates by region and profiles of various industry stakeholders.
Aids in understanding critical market segments.
Delivers extensive data on trends that could impact market growth.
Research Methodology:
Utilizes a robust methodology involving data triangulation with top-down and bottom-up approaches.
Validates market estimates through primary research with key stakeholders.
Estimates market size and forecasts for different segments at global, regional, and country levels using reliable published sources and stakeholder interviews.
About Straits Research
Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.
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Tel:Â UK: +44 203 695 0070, USA: +1 646 905 0080
#Industrial Phenols Market#Industrial Phenols Market Share#Industrial Phenols Market Size#Industrial Phenols Market Research#Industrial Phenols Industry#What is Industrial Phenols?
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Surface Disinfectant Market Outlook to 2030: Top Manufacturer Analysis, Overview and Forecast Report
In 2023, the global surface disinfectant market reached a value of USD 5.85 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is driven by several factors, including changing lifestyles in developing economies, a rising awareness among livestock farmers about animal diseases, and the importance of disinfection in livestock farms. Since the COVID-19 pandemic, there has been an increased focus on hygiene and sanitation worldwide, which has led to a surge in demand for surface disinfectants, sanitizers, and cleaning products. This heightened awareness of cleanliness to prevent illness has greatly fueled the demand for products that effectively eliminate germs and viruses from surfaces, positively influencing the market's expansion.
Surface disinfectants primarily rely on raw materials that are by-products of the petroleum industry, and manufacturers in Europe, North America, and China are major sources of these ingredients. However, a shift towards eco-friendly products has led to a growing interest in biodegradable disinfectants to prevent chemical-related toxicity. These bio-based disinfectants are made from cheaper, more accessible materials compared to traditional chemicals, and as a result, they are expected to surpass conventional petroleum-based disinfectants in demand in the near future.
Since the pandemic, the market has seen a slight to moderate increase in surface disinfectant prices. The surge in demand due to COVID-19, along with an increasing prevalence of chronic diseases and hospital-acquired infections (HAIs), is driving market growth, especially in developed regions like North America and Europe. Additionally, government initiatives and strict regulations on disinfection and sterilization practices have further boosted demand for these products in healthcare, food processing, and various public sectors.
Gather more insights about the market drivers, restrains and growth of the Surface Disinfectant Market
Composition Segmentation Insights:
In 2023, chemical disinfectants dominated the surface disinfectant market, accounting for over 90% of the revenue. Their widespread use can be attributed to the effectiveness of chemical agents like hydrogen peroxide, which is commonly utilized in the food packaging industry and healthcare facilities to disinfect surfaces. The use of other chemicals, such as quaternary ammonium compounds and alcohols, is also anticipated to support market growth due to their proven efficacy.
Chemical disinfectants are generally divided into two categories: oxidizing and non-oxidizing disinfectants. Non-oxidizing disinfectants include aldehydes, amphoteric phenolics, alcohols, and quaternary ammonium compounds (QACs). They are further classified into three main levels based on their efficacy: low-level disinfectants (e.g., QAC, phenolic compounds), intermediate-level disinfectants (e.g., iodine, alcohols, iodophores, hypochlorites), and high-level disinfectants (e.g., ortho-phthalaldehyde, hydrogen peroxide, peracetic acid, formaldehyde, and glutaraldehyde). Each level offers a different degree of antimicrobial activity, enabling industries and healthcare facilities to select products that align with their specific disinfection needs.
Bio-based surface disinfectants are emerging as a viable alternative to chemical disinfectants due to their non-toxic, biodegradable, and environmentally friendly properties. With the FDAâs approval of bio-based products for commercial use and the formulation of surface disinfectants, bio-based disinfectants present a considerable opportunity for market players. The growing application scope of these eco-friendly disinfectants, coupled with their potential to replace chemical disinfectants at cost-effective levels, is expected to create substantial market opportunities for both existing participants and new entrants.
Order a free sample PDFÂ of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.
#Surface Disinfectant Industry#Surface Disinfectant Market Share#Surface Disinfectant Market Analysis#Surface Disinfectant Market Trends
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"Global Tomatoes Market â Industry Trends and Forecast to 2030
Global Tomatoes Market, By Type (Cherry Tomatoes, Grape Tomatoes, Roma Tomatoes, Beefsteak Tomatoes, Heirloom Tomatoes, Tomatoes On The Vine, Green Tomatoes, and Others), Product Type (Fresh, Frozen, and Dried), Category (Conventional and Organic), End User (Food Service Industry and Household/Retail Industry), Distribution Channel (Direct and Indirect) Industry Trends and Forecast to 2030.
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**Segments**
- **Product Type**: The wood adhesives market can be segmented based on product type into urea-formaldehyde adhesives, phenol-formaldehyde adhesives, melamine-formaldehyde adhesives, isocyanate adhesives, polyvinyl acetate adhesives, epoxy adhesives, and others. Each type of adhesive offers specific properties and applications, catering to a wide range of requirements in the woodworking industry.
- **Application**: Another key segment for the wood adhesives market is based on application areas such as furniture, flooring, cabinets, structural panels, windows and doors, and others. The demand for wood adhesives varies across these applications based on factors like bonding strength, durability, and environmental considerations.
- **End-User Industry**: The market can also be segmented by end-user industries, including construction, furniture manufacturing, packaging, and others. Each industry has unique adhesive requirements based on performance needs, production processes, and compliance with industry standards and regulations.
**Market Players**
- **3M**: 3M is a key player in the wood adhesives market, offering a wide range of innovative adhesive solutions for various applications in the woodworking industry. Their products are known for reliability, performance, and sustainability, catering to the evolving needs of customers.
- **Henkel AG & Co. KGaA**: Henkel is a leading supplier of high-quality wood adhesives, serving industries such as furniture manufacturing, construction, and packaging. Their commitment to research and development ensures that they provide cutting-edge adhesive solutions to meet market demands.
- **H.B. Fuller Company**: H.B. Fuller is a global player in the wood adhesives market, known for its comprehensive product portfolio and expertise in bonding technologies. Their adhesives are widely used in diverse applications, from interior fittings to structural components, demonstrating versatility and performance.
- **Sika AG**: Sika is a prominent player in the wood adSika AG is a prominent player in the wood adhesives market, known for its innovative solutions and commitment to sustainability. The company offers a wide range of adhesives tailored to various applications in the woodworking industry, including furniture manufacturing, construction, and packaging. Sika's emphasis on research and development enables them to introduce cutting-edge adhesive technologies that address evolving market needs and industry trends. Their products are designed to provide superior bonding strength, durability, and environmental performance, aligning with the growing demand for sustainable solutions in the construction and woodworking sectors.
Sika's strategic focus on product innovation and technological advancements allows them to stay ahead in the competitive wood adhesives market. By investing in research facilities and collaborating with industry partners, Sika continuously develops new adhesive formulations that enhance efficiency, performance, and sustainability across different end-user applications. This commitment to innovation has reinforced Sika's position as a trusted supplier of high-quality wood adhesives, favored by customers for their reliability and long-term performance.
In addition to product innovation, Sika places a strong emphasis on sustainability and environmental responsibility in its adhesive solutions. The company integrates eco-friendly practices into its manufacturing processes, sourcing materials responsibly and minimizing environmental impact throughout the product lifecycle. As sustainability becomes a key priority for both manufacturers and consumers, Sika's eco-conscious approach to wood adhesives resonates well with the shift towards greener practices in the woodworking industry.
Furthermore, Sika's comprehensive range of wood adhesive products caters to diverse needs across different end-user industries, providing customized solutions for furniture manufacturers, construction companies, and packaging firms. This versatility in product offerings enables Sika to address a wide spectrum of applications and requirements, positioning the company as a preferred partner for adhesive solutions in the woodworking sector. By understanding the specific demands of each industry segment and continuously adapting their product portfolio to meet those needs, Sika strengthens its competitive advantage and drives growth in the wood adhesives market.
In conclusion, Sika AG's prominent presence in the**Global Tomatoes Market**
- **Type:** Cherry Tomatoes, Grape Tomatoes, Roma Tomatoes, Beefsteak Tomatoes, Heirloom Tomatoes, Tomatoes On The Vine, Green Tomatoes, and Others - **Product Type:** Fresh, Frozen, and Dried - **Category:** Conventional and Organic - **End User:** Food Service Industry and Household/Retail Industry - **Distribution Channel:** Direct and Indirect
The global tomatoes market is experiencing significant growth driven by factors such as increasing consumer demand for healthy and organic food products, technological advancements in cultivation practices, and the rising popularity of tomatoes in various cuisines worldwide. The segmentation of the market based on tomato type allows for a targeted approach to meet the diverse preferences of consumers, with cherry tomatoes and beefsteak tomatoes being particularly popular for their unique flavors and culinary uses. Moreover, the categorization of tomatoes into fresh, frozen, and dried forms caters to different consumption patterns and convenience requirements among end users, further expanding the market potential.
In terms of category, the distinction between conventional and organic tomatoes reflects the growing trend towards sustainable and environmentally friendly farming practices. The rising awareness among consumers regarding the benefits of organic produce has driven the demand for organic tomatoes, creating opportunities for suppliers to tap into this lucrative segment of the market. Additionally, the segmentation based on end user industry highlights the versatility of tomatoes in both the food service and household/retail sectors, where tomatoes are used in a wide range
Tomatoes Key Benefits over Global Competitors:
The report provides a qualitative and quantitative analysis of the Tomatoes Market trends, forecasts, and market size to determine new opportunities.
Porterâs Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analyzed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Tomatoes Market Landscape
Part 04: Global Tomatoes Market Sizing
Part 05: Global Tomatoes Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Critical Insights Related to the Tomatoes Included in the Report:
Exclusive graphics and Illustrative Porterâs Five Forces analysis of some of the leading companies in this market
Value chain analysis of prominent players in the market
Current trends influencing the dynamics of this market across various geographies
Recent mergers, acquisitions, collaborations, and partnerships
Revenue growth of this industry over the forecast period
Marketing strategy study and growth trends
Growth-driven factor analysis
Emerging recess segments and region-wise market
An empirical evaluation of the curve of this market
Ancient, Present, and Probable scope of the market from both prospect value and volume
The investment made in the study would provide you access to information such as:
Tomatoes Market [Global â Broken-down into regions]
Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
Country wise Market Size Split [of important countries with major market share]
Market Share and Revenue/Sales by leading players
Market Trends â Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porterâs Five Forces, etc.
Market Size)
Market Size by application/industry verticals
Market Projections/Forecast
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"Grapes to Greatness: Trends Shaping the Raisins Market (2024-2033)"
Raisins Market : Raisins, the dried fruits of grapes, are more than just a sweet snack; they are a nutritional powerhouse that offers numerous health benefits. Rich in natural sugars, vitamins, and minerals, raisins are an excellent source of energy and can provide a quick boost when you need it most. They are high in antioxidants, particularly phenols, which help combat oxidative stress and reduce inflammation in the body. Additionally, raisins are a good source of dietary fiber, promoting digestive health and aiding in regularity. Incorporating raisins into your diet can support heart health, improve bone density, and even contribute to better oral health due to their natural antibacterial properties.
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Beyond their health benefits, raisins are incredibly versatile and can be enjoyed in various ways. They add sweetness and texture to baked goods like cookies and breads, enhance salads, and make a delightful addition to trail mixes. As a convenient snack, raisins are easy to pack and carry, making them a popular choice for on-the-go energy. With their rich flavor and impressive nutritional profile, raisins are a delightful and wholesome addition to any diet, offering a perfect blend of taste and health benefits.
#Raisins #HealthySnacking #Superfood #NaturalEnergy #DriedFruits #Antioxidants #DietaryFiber #HeartHealth #VersatileIngredients #BakingWithRaisins #NutritiousSnacks #HealthyEating #OnTheGo #FoodBenefits #WholesomeGoodness
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Ortho Nitro Phenol Production Process: A Detailed Analysis
This article explores the various elements influencing the ortho nitro phenol production process, including raw material expenses, manufacturing processes, labor costs, overheads, market dynamics, and environmental factors. Furthermore, we will examine historical pricing trends, current market conditions, and future outlooks related to the production of ortho nitro phenol.
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Surface Disinfectant Market Opportunities, Segmentation and Forecast Report 2024 - 2030
The global surface disinfectant market size was valued at USD 5.85 billion in 2023 and is expecte to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. The growth is attributed to several factors such as changing lifestyles in developing economies and the rising awareness among livestock farmers concerning animal diseases and disinfections in livestock farms.
There has been a significant rise in demand for cleaning products, sanitizers, and disinfectants as surface disinfectant market is experiencing a resurgence globally, fueled by a heightened awareness of hygiene and sanitation post-pandemic. This has led to a surge in demand for products that combat germs and viruses on surfaces and positively impacted market growth.
The raw materials used in the production of surface disinfectants are primarily the by-products of the petroleum sector. Local manufacturers in the developed economies of Europe, North America, and China mainly source these raw material ingredients. Recently, the industry observed a shift in the trend toward the usage of biodegradable surface disinfectants for preventing chemical-related toxicity. The raw materials required for biodegradable surface disinfectants are cheaper in comparison to chemicals and are easily available. As a result, bio-based surface disinfectant demand is expected to overtake conventional petroleum-based surface disinfectants in the coming future.
Gather more insights about the market drivers, restrains and growth of the Surface Disinfectant Market
Surface Disinfectant Market Report Highlights
⢠Liquid form dominated the global surface disinfectants market with a high revenue share of more than 62.0% in 2023
⢠In house application dominated the surface disinfectant market with a revenue share of over 68.0% in 2023
⢠Hotel/restaurants/cafe end-use is anticipated to register the fastest CAGR of approximately 8.2% owing to rising demand for the product for time-to-time cleaning and disinfecting activities carried out the restaurants, hotels, and cafes
⢠Biobased products are estimated to be the fastest growing types with a CAGR of 13.3%, owing to the growing awareness among the people about the toxicity and environmental hazards of chemical-based products as well as the availability of more eco-friendly substitute
Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.
⢠The caustic soda market size was valued at USD 45.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030.
⢠The global propionic acid market size was valued at USD 1.11 billion in 2023 and is projected to grow at a CAGR of 3.4% from 2024 to 2030.Â
Surface Disinfectant Market Segmentation
Grand View Research has segmented the global surface disinfectant market based on composition, form, application, end-use, and region:
Surface Disinfectants Composition Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
⢠Chemical
o Alcohol
o Ammonium Compounds
o Oxidizing Agents
o Phenolics
o Aldehydes
o Others
⢠Biobased
Surface Disinfectants Form Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
⢠Liquid
⢠Wipes
⢠Sprays
Surface Disinfectants Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
⢠In House
⢠Instruments
⢠Others
Surface Disinfectants End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
⢠Hospitals
⢠Laboratories
⢠Households
⢠Hotel/Restaurants/Cafes
⢠Educational Institutes
⢠Malls
⢠Railways
⢠Airports
⢠Food Processing Industries
⢠Others
Surface Disinfectants Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
⢠North America
o U.S.
o Canada
⢠Europe
o Germany
o U.K.
o France
o Spain
o Italy
⢠Asia Pacific
o China
o India
o Japan
o Australia
⢠Latin America
o Brazil
o Mexico
⢠Middle East & Africa
o GCC Countries
o South Africa
Order a free sample PDFÂ of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.
#Surface Disinfectant Market#Surface Disinfectant Market size#Surface Disinfectant Market share#Surface Disinfectant Market analysis#Surface Disinfectant Industry
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Thermoset Molding Compound Market - Forecast(2024 - 2030)
Thermoset Molding Compound Market Overview
Thermoset Molding Compound Market size is projected to reach US$11.4 billion by 2027, after growing at a CAGR of 6.8% during the forecast period 2022â2027. Thermosetting molding compounds such as phenolic resins, epoxy resins, polyester resins, urea formaldehyde and melamine formaldehyde possess properties such as good electrical insulation, corrosion and heat resistance, which make them an ideal material for a variety of end-use applications. A thermoset molding compound is widely employed in the electrical & electronics industry. Since the global electrical & electronics industry is growing, it is supporting the thermoset molding compound industry growth. The Japan Electronics and Information Technology Industries Association (JEITA) forecasted that the production by the global electronics and IT industries would grow by 2% year-on-year in 2020 to reach US$2,972.7 billion and would grow by 7% year on year in 2021 to reach a record US$3,175.6 billion. Factors such as the need for lighter weight in aerospace and transportation drive the growth of the thermosetting molding compound market. Several end-use industries in the Thermoset Molding Compound industry suffered negative effects as a result of the novel coronavirus pandemic, which had a direct impact on the Thermoset Molding Compound market size in the year 2020.
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Thermoset Molding Compound Market Report Coverage
The âThermoset Molding Compound Market ReportâââForecast (2022â2027)â by IndustryARC, covers an in-depth analysis of the following segments in the Thermoset Molding Compound industry.
By Type: Phenolic Resins, Epoxy Resins, Polyester Resins, Urea Formaldehyde, Melamine Formaldehyde and Others. By End-use Industry: Automotive [Passenger Vehicles (PV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)], Aerospace (Commercial Aircrafts, Military Aircrafts and Others), Electrical & Electronics (Antennas, Circuit Breakers, Switchgears and Others) and Others. By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Belgium and the Rest of Europe), Asia-pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).
Key Takeaways
Asia-pacific dominates the Thermoset Molding Compound market, owing to the increase in investment in the electronics sector and transportation infrastructure in Asia-pacific. This increase can be attributed to the increasing per capita income and growing population in Asia-pacific.
The market is expanding as a result of the positive attributes of Thermoset Molding Compounds, such as their anti-corrosiveness, increased heat resistance and toughness, which make them ideal for use in electrical and electronic applications.
The emergence of nanotechnology, these compoundsâ superior performance in comparison to their alternatives and the surge in interest in lightweight and fuel-efficient cars offer the sector promising growth prospects.
However, it is estimated that the high investment cost of Thermoset Molding Compounds may impede the expansion during the forecast period.
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Thermoset Molding Compound Market Segment Analysisâââby Type
The phenolic resins segment held a significant share in the Thermoset Molding Compound market share in 2021 and is estimated to grow at a CAGR of 6.9% during the forecast period 2022â2027, due to their improved properties. Phenolic resins are appropriate for use in insulation due to their low thermal conductivity. Due to its water resistance, high thermal stability and fire resistance, phenolic resin is used as a permanent binder and adhesive for wooden building panels as well as a binder for mineral wool insulation. By altering the manufacturing catalyst, phenolic resinâs properties can be altered for each application. As a result, the demand for phenolic resin-based Thermoset Molding Compound is on a significant upsurge, thereby driving segmental growth.
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Thermoset Molding Compound Market Segment Analysisâââby End-use Industry
The electrical & electronics segment held a significant share in the Thermoset Molding Compound market share in 2021 and is projected to grow at a CAGR of 7.4% during the forecast period 2022â2027. The electrical and electronics industries benefit from thermoset molding compounds such as phenolic resins, epoxy resins, polyester resins, urea formaldehyde and melamine formaldehyde because they effectively insulate against electricity and heat. A strong molding material with strong dielectric properties, thermal shock resistance, corrosion resistance, arc resistance and electrically insulating properties is required for parts like circuit breakers, electrical enclosures or housings, covers, relays, switches, insulators and motor components. Furthermore, various electrical & electronic products such as covers, housings and circuit breakers require a molding material that protects sensitive internal electronics and components. This is accelerating the demand for Thermoset Molding Compound in the industry, which is subsequently propelling the segment growth.
Thermoset Molding Compound Market Segment Analysisâââby Geography
Asia-pacific held the largest Thermoset Molding Compound market share of up to 42% in 2021, owing to the bolstering growth of the electrical & electronics sector in Asia-pacific. For instance, the consumer electronics and home appliance sector in India generated $9.84 billion in revenue in 2021 and is projected to grow to US$21.18 billion by 2025, according to the India Brand Equity Foundation (IBEF). The global electronics industry is expected to produce 7% more in 2021 than it did in 2020, reaching US$3,175.6 billion, according to the Japan Electronics and Information Technology Industries Association (JEITA). Chinaâs electronic information manufacturing sector experienced steady growth in revenue and profits last year, according to the February 2022 report. According to the Ministry of Industry and Information Technology, operating revenue for the sector reached approximately 14.1 trillion yuan (roughly $2.2 trillion) in 2021, an increase of 14.7 percent from the previous year. With the increasing electrical & electronics production, the demand for molding materials significantly increased, which accelerated the demand for Thermoset Molding Compound in Asia-pacific.
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Thermoset Molding Compound Market Drivers
Increasing Automobile Production:
Thermoset Molding Compound provides lightweight materials for use in automotive manufacturing. The high-end vehicle manufacturers use carbon fiber composites to provide an enhanced finish. According to the Germany Trade & Invest (GTAI), German passenger car and light commercial vehicle OEM generated foreign market revenue of EUR 274 billion in 2021, an increase of ten percent over 2020. The International Organization of Motor Vehicle Manufacturers (OICA) estimates that heavy truck production in Europe increased by 31%, from 236,328 units in 2020 to 308,300 units in 2021. Indiaâs domestic automobile production increased between FY16 and FY20 at a compound annual growth rate (CAGR) of 2.36 percent, with 26.36 million vehicles produced in FY20, according to the India Brand Equity Foundation (IBEF). With the increasing automobile production, the demand for lightweight automotive components is also increasing, thereby acting as a driver for the Thermoset Molding Compound market during the forecast period.
Flourishing Aerospace Sector:
In the aerospace industry, Thermoset Molded internal components are used within the cabins of civilian, commercial and military aircraft as they aid in making aircraft lightweight. The demand for aircraft is on an upsurge in various regions. According to Boeingâs current business forecast, the Middle East would need 2,520 new aircraft by 2030. Also, according to Boeing India, there is a demand for 2,300 aircrafts worth US$320 billion over the next 20 years. According to Boeing, in 2020, 8,995 aircraft fleets were delivered in North America. It is estimated to reach 10,610 fleets by 2039. Considering the importance associated with lightweight airplanes, it is expected that the increasing aerospace industry would act as a driver for the Thermoset Molding Compound market.
Thermoset Molding Compound Market Challenge
Fluctuating Raw Material Prices:
The raw materials often used for the production of Thermoset Molding Compounds are the downstream products of crude oil, such as epoxy resins. During the previous few years, the price of crude oil has been extremely volatile. The price of Brent crude oil has increased from US$43.73/bbl in 2016 to US$71.31/bbl in 2018 and then decreased to US$64.21/bbl in 2019 and US$41.84/bbl in 2020, according to the BP Statistical Review of World Energy. The volatility in the price of oil has caused fluctuation in the prices of raw materials for the manufacturing of thermoset molding compounds. Thus, the fluctuation in the price of crude oil has a direct influence on the price of the Thermoset Molding Compounds, which is a significant challenge for the market during the forecast period.
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Thermoset Molding Compound Industry Outlook
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Thermoset Molding Compound market. The top 10 companies in the Thermoset Molding Compound market are:
Ashland Global Holding Inc.
BASF SE
Eastman Chemical Company
Evonik Industries AG
Hexion Inc.
Huntsman Corporation
Kolon Industries Inc.
Kyocera Chemical Corporation
Plastics Engineering Company
Rogers Corporation
Recent Developments
In March 2021, BASF announced a partnership with Sumitomo (SHI) Demag to create the first fully-automated, all-electric injection moulding cell for new high-performance polymer manufacturing.
In April 2020, Evonik announced the completion of the Marl expansion of its polyamide plant. The substance also combines quality and performance with excellent parameter estimation, uses very little water, has great structural correctness and has excellent UV resistance.
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Petrochemicals Market Size To Reach $1002.45 Billion By 2030
The global petrochemicals market size is expected to reach USD 1002.45 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.3% from 2024 to 2030. It is expected to expand at a CAGR of 7.0% from 2023 to 2030. The demand for petrochemicals is attributed to an increase in demand from the end-use industries such as construction, textile, medical, pharmaceuticals, consumer goods, automotive, and electronics.
Products such as ethylene, propylene, and benzene are widely used in various industries such as packaging, electronics, plastics, and rubber. The ethylene product segment dominated the market in 2021 and is expected to maintain its lead in the forecast period owing to its wide application scope across several industries. Asia Pacific is anticipated to dominate the market in the forecast period owing to the favorable regulatory policies in the region.
Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products. The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for manufacturers. The industry players that are reliant on crude oil as a feedstock for manufacturing are likely to face difficulties in the coming years. However, declining prices of natural gas owing to a rise in its production are expected to augment the growth of the product over the forecast period.
The competitiveness among the producers of the product is high as the market is characterized by the presence of a large number of global players with strong distribution networks. Top players are dominating the industry for the past few years owing to the increasing investment in R&D activities related to new product development.
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Petrochemicals Market Report Highlights
The methanol product segment is expected to expand at the highest revenue-based CAGR of 8.9% over the forecast period. The demand is attributed to the increase in demand for methanol in manufacturing biodiesel, which is biodegradable, safe, and produces fewer air pollutants as compared to other fuels
Surged use of polyethylene, High-density Polyethylene (HDPE), and Low-density Polyethylene (LDPE) is expected to foster the overall growth of the market for petrochemicals.
The butadiene product segment is expected to be an emerging segment in the coming years as it is a key building block used in the manufacturing of several chemicals and materials employed in the industries such as consumer durables, healthcare, and building and construction
Manufacturers have adopted joint ventures and acquisitions as major strategies to increase their global presence
Petrochemicals Market Segmentation
Grand View Research has segmented the global petrochemical market report on the basis of Product, and region
Petrochemicals Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)
Ethylene
Polyethylene
Ethylene oxide
EDC
Ethyl benzene
Others
Propylene
Polypropylene
Propylene oxide
Acrylonitrile
Cumene
Acrylic acid
Isopropanol
Other
Butadiene
SB Rubber
Butadiene rubber
ABS
SB latex
Others
Benzene
Ethyl benzene
Phenol/cumene
Cyclohexane
Nitrobenzene
Alkyl benzene
Other
Xylene
Toluene
Solvents
TDI
Others
Methanol
Formaldehyde
Gasoline
Acetic acid
MTBE
Dimethyl ether
MTO/MTP
Other
Petrochemicals Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Belgium
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Latin America
Brazil
Middle East
Africa
List of Key Players of Petrochemicals Market
BASF SE
Chevron Corporation
China National Petroleum Corporation (CNPC)
China Petrochemical Corporation
ExxonMobil Corporation
INEOS Group Ltd.
LyondellBasell Industries Holdings B.V.
Royal Dutch Shell PLC
SABIC
Dow
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The acetophenone market is projected to grow from USD 233.87 million in 2024 to USD 315.17 million by 2032, reflecting a compound annual growth rate (CAGR) of 3.8%. Acetophenone, a key organic compound with the chemical formula CâHâ
C(O)CHâ, is a versatile industrial chemical predominantly used in the production of perfumes, resins, and various pharmaceuticals. It serves as a precursor in the synthesis of a wide range of compounds, including styrene, phenylethanol, and various pharmaceuticals. The global acetophenone market is driven by its diverse applications across multiple industries, including cosmetics, pharmaceuticals, and chemicals. As industries continue to expand and innovate, the demand for acetophenone is poised for significant growth.
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Market Dynamics
The acetophenone market has seen steady growth over the past decade, driven by several key factors:
1. Rising Demand in the Fragrance Industry: Acetophenone is widely used as a fragrance ingredient due to its sweet, floral scent reminiscent of almonds or cherries. The increasing demand for perfumes, deodorants, and other personal care products, especially in emerging markets, has significantly boosted the consumption of acetophenone. Additionally, the rising trend of natural and organic products has spurred the use of acetophenone in green and sustainable fragrances.
2. Pharmaceutical Applications: Acetophenone is a crucial intermediate in the production of several pharmaceuticals, including anti-anxiety medications and certain pain relievers. The expanding pharmaceutical industry, driven by the aging global population and increasing healthcare needs, has fueled the demand for acetophenone. Moreover, ongoing research and development in the pharmaceutical sector continue to uncover new therapeutic applications for acetophenone and its derivatives.
3. Chemical Industry Growth: Acetophenone is an essential raw material in the manufacture of resins, including polyesters and styrenics. The growing demand for these resins in automotive, construction, and packaging industries has contributed to the increased consumption of acetophenone. Furthermore, the compound's role as a solvent and catalyst in various chemical reactions underpins its importance in the chemical industry.
4. Technological Advancements: Innovations in production technologies have made the manufacturing of acetophenone more efficient and cost-effective. This has not only reduced production costs but also improved the purity and quality of acetophenone, making it more attractive for use in high-end applications. The development of sustainable and eco-friendly production processes has further enhanced the market's growth prospects.
Challenges and Opportunities
While the acetophenone market presents significant growth opportunities, it also faces certain challenges. The volatility in raw material prices, environmental concerns related to the production process, and stringent regulations regarding chemical manufacturing and usage are some of the key challenges. However, the development of sustainable production methods and the increasing demand for eco-friendly products offer promising opportunities for market players.
Key Player Analysis:
Alfa Aesar
Rhodia
INEOS Phenol
CellMark USA LLC
Tanfac
B. Enterprises
Triveni Interchem
Haicheng Liqi Carbon
Haiwang Fine Chemical
Jiangsu Yalong Chemical
Segmentations:
 By Type
Cumene Process
Ethylbenzene Process
Others
By Application
Industrial Solvent
Pharmaceutical Industry
Flavor and Fragrance
Others
By Region
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/acetophenone-market
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Veneer Sheets Market In-depth Market Studies and Forecast 2024-2033 | Global Insight Services
Global Insight Services has recently updated its global market reports, now including the latest data for 2024 and projections through 2033.
A veneer is a thin sheet of wood that is glued to the surface of a piece of furniture to give it a smooth, finished look. Veneers are available in a variety of woods and can be stained or painted to match the piece of furniture they are being applied to. Veneer sheets are typically applied to the top and front surfaces of a piece of furniture, such as a dresser or cabinet, but can also be applied to the sides and back.
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Key Trends
Some key trends in veneer sheets technology include the following:
Veneer sheets are becoming thinner and more flexible, making them easier to work with and apply to surfaces.
Veneer sheets are available in a variety of colors and finishes, allowing for more creativity and customization.
Veneer sheets can be cut and shaped to fit nearly any surface, making them more versatile than ever.
Veneer sheets are becoming more affordable, making them a more viable option for a wider range of projects.
Key Drivers
There are a few key drivers of the Veneer Sheets market.
Firstly, the increasing popularity of natural wood products is driving up demand for veneer sheets. This is because veneer sheets offer a more natural look than man-made alternatives such as laminate or composite.
Secondly, the increasing popularity of DIY and home improvement projects is also driving up demand for veneer sheets. This is because veneer sheets are relatively easy to work with and can be used to create a variety of different looks.
Finally, the increasing cost of real wood is also driving up demand for veneer sheets. This is because veneer sheets offer a more affordable alternative to real wood, while still providing a similar look and feel.
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segments
The Veneer Sheets Market is segmented by product type, application, end user, and region. On the basis of product type, the veneer sheets market is segmented into paper backed, wood backed, phenolic backed, and others. Based on application, the global veneer sheets market is divided furniture fitting and lining, boat interior, vehicle interior, landscaping and others. On the basis of end user, the veneer sheets market is segmented into commercial and residential. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Veneer Sheets Market includes players such as CEDAN INDUSTRIES, CenturyPly, Flexible Materials Inc., FormWood Industries, Greenlam Industries, Herzog Veneers, Inc., Oakwood Veneer, Pearlman Veneers, Turakhia Overseas Pvt. Ltd., and Veneer Technologies.
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Research Scope
Scope â Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing â Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics â Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework â Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape â Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles â Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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Biocides Market Business Analysis, Recent Development And Forecast, 2030
The global biocides market size was valued at USD 8.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.Â
The growth is driven by the consumer product segment wherein biocides are used in cleaning products, cosmetics & wipes, disinfectants, toothpaste, and laundry detergents, to name a few. Further, biocides are observed to be increasingly used in preservatives, disinfectants, insecticides, antiseptics, fungicides, and herbicides.
Biocides are significantly used in the disinfection of food containers, surfaces or pipes utilized in food logistics and more. Increasing innovations by various multinationals to expand their product portfolio and minimize hazard caused by biocides, coupled with growing preference for natural biocides, shall lead to broader consumption of the product over the coming years.
U.S. remains the dominant market for the North America biocides industry, primarily driven by the demand from the water treatment and wood preservation markets. U.S. regulations regarding water quality strict, and these support the application of EPA registered biocides in water treatment plants. Blue Plains Advanced WWTP is one of the key water treatment plants in U.S., engaged in the consumption of biocides.
Gather more insights about the market drivers, restrains and growth of the Biocides Market
Biocides Market Report Highlights
⢠The quaternary ammonium compounds product segment is the fastest growing product segment with a CAGR of 5.6 % on the account of their use in food & beverage, leather, textile, water treatment, and coatings among others. QACs depending on their structure and adjuncts and diversified fields of applications are expected to drive the segment growth
⢠Halogen compounds have dominated the product market with the highest revenue share of 25.0% in 2022. The demand for halogens due to its potent antibacterial and oxidizing capabilities, which make it ideal for use in municipal drinking water plants and wastewater treatment facilities, among other places
⢠Water treatment emerged as the fastest growing region with a CAGR of 6.0%. The growth is attributed to utilization of product in reverse osmosis and desalination treatment processes
⢠The Asia Pacific region witnessed the fastest growth rate of 5.4% in 2022. This is attributed to many factors such as the increased manufacturing of disinfectants, post COVID-19 pandemic effects, and presence of large number of end-users
⢠Players like BASF SE and Dow Inc. exhibit strong supply chain integration in the market with involvement in raw material manufacturing
Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.
⢠The caustic soda market size was valued at USD 45.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030.Â
⢠The global propionic acid market size was valued at USD 1.11 billion in 2023 and is projected to grow at a CAGR of 3.4% from 2024 to 2030.
Biocides Market Segmentation
Grand View Research has segmented the global biocides market on the basis of product, end-use, and region:
Biocides Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
⢠Halogen Compounds
⢠Metallic Compounds
⢠Organosulfur
⢠Organic Acids
⢠Quaternary Ammonium Compounds
⢠Phenolic
⢠Nitrogen
⢠Glutaraldehyde
Biocides End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
⢠Water Treatment
⢠Food and Beverage
⢠Personal Care
⢠Wood Preservation
⢠Paints and Coatings
⢠Plastics
⢠HVAC
⢠Boilers
⢠Oil and Gas
⢠Fuels
⢠Pulp and Paper
⢠Cleaning Products
Biocides Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
⢠North America
o U.S.
o Canada
o Mexico
⢠Europe
o Germany
o UK
o France
o Spain
o Italy
⢠Asia Pacific
o China
o India
o Japan
o South Korea
⢠Central & South America
o Brazil
o Argentina
⢠Middle East & Africa
o Saudi Arabia
o South Africa
Order a free sample PDFÂ of the Biocides Market Intelligence Study, published by Grand View Research.
#Biocides Market#Biocides Market size#Biocides Market share#Biocides Market analysis#Biocides Industry
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