Chemicals & Materials

Research Press Releases in Chemicals & Materials

Calcium Sulphate Market
January, 2024

New York, January 2024: According to a new research study by Global Insight Services (GIS), the Calcium Sulphate market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 5.4 billion by 2033.

With the formula CaSO4, calcium sulphate is an inorganic white solid. It can be found in nature as a mineral and is also created artificially, frequently as a byproduct (such as desulfurization). The substance is present in three different states of hydration: hemihydrate (bassanite or plaster of Paris), dihydrate (gypsum or as mineral selenite), and anhydrous (as mineral anhydrite). All varieties make water permanently hard and are not very soluble in it.

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Calcium Sulphate Market: Key Drivers

The calcium sulfate market experiences robust growth driven by a surge in the building and construction sector. This compound, predominantly in the form of gypsum, plays a pivotal role in construction applications, contributing to the development of plaster, drywall, and cement. As urbanization and infrastructure projects escalate globally, the demand for calcium sulfate witnesses a substantial upswing.

The versatility of calcium sulfate further enhances its significance in construction. Its usage spans from traditional construction materials to innovative applications, meeting diverse industry needs. Moreover, calcium sulfate’s eco-friendly characteristics align with sustainable construction practices, fostering its adoption in environmentally conscious projects.

The building boom not only amplifies the demand for calcium sulfate in established markets but also opens up opportunities in emerging economies where rapid urbanization is underway. The compound’s role as a fire-resistant and sound-absorbing material further solidifies its standing in the construction sector.

Therefore, the surge in the building and construction sector serves as a driving force for the calcium sulfate market, fostering growth through increased demand, expanding applications, and a sustainable approach to modern construction practices.

Calcium Sulphate Market: Market Restraints and Challenges

The growth of the Calcium Sulfate market faces challenges due to health effects associated with its exposure. Prolonged or excessive contact with calcium sulfate, particularly in occupational settings, can lead to respiratory irritation and skin sensitization. Concerns about these health effects have prompted stricter regulations and safety measures in various industries, impacting the market’s expansion.

As awareness of workplace safety and health regulations increases, companies may face additional compliance requirements, affecting the production and use of calcium sulfate in certain applications. Mitigating these health concerns through improved handling practices and technological advancements is crucial for sustaining market growth.

Thus, addressing and mitigating health-related issues linked to calcium sulfate becomes pivotal in ensuring the market’s continued development and acceptance across various industries.

Calcium Sulphate Market Report Findings

https://www.globalinsightservices.com/reports/calcium-sulphate-market/

The Anhydrous segment is likely to hold the major share of the market in 2023

On the basis of Form Type, the Calcium Sulphate Market is segmented into Anhydrous and Hydrated. The Anhydrous segment is expected to have the largest Calcium Sulphate market share in 2023. The anhydrous segment significantly propels the growth of the Calcium Sulfate market. Anhydrous calcium sulfate, particularly in the form of anhydrite, finds widespread use in various industries, including construction, agriculture, and food. Its versatility, stability, and low solubility contribute to its appeal in diverse applications. In the construction sector, anhydrous calcium sulfate is valued for its role in producing high-strength plasters and specialized cement formulations. Its presence in these materials enhances durability and performance, driving demand in the construction industry. Agriculturally, anhydrous calcium sulfate serves as a soil amendment, improving soil structure and providing essential calcium for plant growth. This agricultural application adds another dimension to the market’s growth as the demand for effective soil conditioners increases. Furthermore, the food industry utilizes anhydrous calcium sulfate as a firming agent and coagulant, emphasizing its importance in food processing. As consumer preferences lean towards natural additives, the demand for anhydrous calcium sulfate in this sector grows.

The Food & Pharma Grade segment is likely to hold the major share of the market in 2023

Based on Grade, the Calcium Sulphate Market is classified into Technical Grade, Food & Pharma Grade, and Others. The Food & Pharma Grade segment is expected to have the largest Calcium Sulphate market share in 2023. The Food & Pharma Grade segment emerges as a key driver in propelling the growth of the Calcium Sulfate market. With stringent quality standards in the food and pharmaceutical industries, calcium sulfate in specialized grades gains prominence. In the pharmaceutical sector, calcium sulfate is utilized as a binder in tablet formulations and as a desiccant in packaging due to its moisture-absorbing properties. The demand for pharmaceutical-grade calcium sulfate is propelled by the pharmaceutical industry’s continuous growth and the need for high-quality excipients. Similarly, in the food industry, calcium sulfate serves as a firming agent, coagulant, and a calcium supplement. Its designation as a safe and effective food additive contributes to its increased use in food processing. As consumer awareness of health and wellness rises, there is a growing preference for natural and safe ingredients, further boosting the demand for Food & Pharma Grade calcium sulfate. The specialized requirements of these industries drive innovation in the production and application of calcium sulfate, making the Food & Pharma Grade segment a crucial factor in the overall expansion of the market.

The Coagulant segment is likely to hold the major share of the market in 2023

On the basis of Function, the Calcium Sulphate Market is segmented into Coagulant, Thickening Agent, Excipient, Desiccant, Additive, Intermediate, Colorants, Coating Agent, Drying Agent, Anti-Caking Agent, and Others. The Coagulant segment is expected to have the largest Calcium Sulphate market share in 2023. The Coagulant segment plays a pivotal role in driving the growth of the Calcium Sulfate market. Calcium sulfate is widely employed as a coagulant in various industries, particularly in water and wastewater treatment processes. Its ability to aid in the precipitation of impurities and the removal of suspended particles makes it a valuable coagulant in water purification. In water treatment applications, calcium sulfate assists in the formation of flocs, which facilitates the removal of contaminants, such as suspended solids and metals. The coagulation-flocculation process, where calcium sulfate is a key participant, is essential for achieving cleaner and potable water. As environmental regulations become more stringent, the demand for effective water treatment solutions rises, propelling the growth of the Coagulant segment. Additionally, calcium sulfate’s eco-friendly nature and its minimal impact on treated water quality contribute to its preference in water treatment processes. Hence, the Coagulant segment’s significance in water and wastewater treatment applications is a major driver for the overall growth of the Calcium Sulfate market, aligning with the increasing focus on environmental sustainability and water quality.

The Building & Construction segment is likely to hold the major share of the market in 2023

Based on End-use Industry, the Calcium Sulphate Market is classified into Food & Beverages, Cosmetic & Personal Care, Pulp & Paper, Building & Construction, Chemical & Petrochemical, Pharmaceutical & Healthcare, Agriculture, Mining, and Others. The Building & Construction segment is expected to have the largest Calcium Sulphate market share in 2023. The Building & Construction segment significantly boosts the growth of the Calcium Sulfate market. Calcium sulfate, particularly in the form of gypsum, is a key ingredient in construction materials such as drywall, plaster, and cement. The versatility and favorable properties of calcium sulfate contribute to its widespread use in the building and construction industry. As global urbanization and infrastructure development continue, there is a consistent demand for construction materials, and calcium sulfate plays a vital role in meeting these needs. Its use enhances the durability, fire resistance, and sound insulation properties of various construction products, making it a preferred choice in both residential and commercial building projects. Moreover, the eco-friendly characteristics of calcium sulfate align with sustainable construction practices, further driving its adoption. As awareness of environmental considerations increases, the demand for building materials that are both effective and environmentally friendly continues to grow, positively impacting the Calcium Sulfate market. Therefore, the Building & Construction segment stands out as a major catalyst for the ongoing growth and demand in the Calcium Sulfate market.

The Asia Pacific region is likely to hold the major share of the market in 2023

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific market is expected to have the largest Calcium Sulphate market share in 2023. The Asia Pacific region serves as a driving force for the growth of the Calcium Sulfate market. Rapid industrialization, urbanization, and infrastructure development in countries like China, India, and Southeast Asian nations contribute significantly to the increasing demand for calcium sulfate. In the construction sector, the Asia Pacific region witnesses substantial growth with numerous ongoing and planned infrastructure projects. Calcium sulfate, particularly in the form of gypsum, is crucial in the production of construction materials, aligning with the region’s robust building and development activities. Agricultural practices in the Asia Pacific also contribute to the market growth, as calcium sulfate is utilized as a soil conditioner to improve soil structure and enhance crop yields. The region’s large and diverse agricultural landscape further boosts the demand for calcium sulfate products. Furthermore, the food and pharmaceutical industries in Asia Pacific drive the demand for high-quality calcium sulfate in specialized grades. As these industries experience continuous expansion and increased focus on quality standards, the market for Food & Pharma Grade calcium sulfate witnesses notable growth. Thus, the Asia Pacific region’s dynamic economic activities across construction, agriculture, and industrial sectors play a pivotal role in propelling the growth of the Calcium Sulfate market.

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Competitive Landscape

The key players studied in the Calcium Sulphate market are Astrra Chemicals (India), Bhavani Chemicals (India), Brenntag Korea Co., Ltd. (South Korea), Central Drug House (India), GMCI (India), Hebei Xingtai Shuanghua Gypsum Products Co., Ltd. (China), Neelkanth Finechem LLP (India), Nikunj Chemicals (India), Shiva Inorganics (India), and Vishnu Priya Chemicals Pvt Ltd (India).

Calcium Sulphate Market: Recent Developments

  • July 2023, In order to upgrade and modernise its CertainTeed (ex-Continental Building Products) gypsum manufacturing facility in Palatka, Florida, Saint-Gobain North America today announced plans to invest $235 million (roughly €215 million) over the following two years. This will more than double the plant’s current production capacity and improve its energy consumption.
  • June 2023, Healio captured a video of Nishant Suneja, MD, director of complicated orthopaedic trauma and deformity repair at Brigham and Women’s Hospital, talking about his most recent research at the 2023 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS). Dr. Suneja and associates investigated the safety and postoperative results of employing calcium sulphate beads in a range of orthopaedic reconstructive surgeries carried out on 56 patients in the first research of its type. According to the study, patients at high risk for infection showed adequate clinical outcomes when antibiotic-loaded synthetic calcium sulphate beads were used; postoperative serum creatinine levels significantly increased, but blood urea nitrogen and serum calcium levels did not rise.

Calcium Sulphate Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Calcium Sulphate Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Calcium Sulphate Market in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Calcium Sulphate industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Calcium Sulphate Market along with the current trends and future estimations to depict imminent investment pockets. The overall Calcium Sulphate industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Calcium Sulphate Market are also analyzed.

Calcium Sulphate Market Segmentation

By Form Type

  • Anhydrous
  • Hydrated

By Grade

  • Technical Grade
  • Food & Pharma Grade
  • Others

By Function

  • Coagulant
  • Thickening Agent
  • Excipient
  • Desiccant
  • Additive
  • Intermediate
  • Colorants
  • Coating Agent
  • Drying Agent
  • Anti-Caking Agent
  • Others

By End-use Industry

  • Food & Beverages
  • Cosmetic & Personal Care
  • Pulp & Paper
  • Building & Construction
    • Residential
    • Commercial
    • Industrial
    • Infrastructure
  • Chemical & Petrochemical
  • Pharmaceutical & Healthcare
  • Agriculture
  • Mining
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Biofertilizers Market
January, 2024

New York, January 2024: According to a new research study by Global Insight Services (GIS), the Biofertilizers Market is expected to grow rapidly over the next 10 years and it is expected to reach a CAGR 8.4% during the forecast period.

Biofertilizers are organic materials that are used to add nutrients to the soil. They are often made from plant materials or animal manure and can be used to improve the soils fertility and health. Biofertilizers can also help to increase crop yields and improve the quality of the crops.

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Global Biofertilizers Market: Market Drivers and Trends

The Biofertilizers Market is experiencing significant growth driven by the increasing adoption of biofertilizers in organic farming and soil fertility management practices. As awareness about the environmental impact of conventional chemical fertilizers grows, farmers are turning towards sustainable alternatives to enhance crop yields without compromising soil health. Biofertilizers, composed of beneficial microorganisms such as bacteria, fungi, and algae, play a crucial role in promoting plant growth by facilitating nutrient absorption, fixing atmospheric nitrogen, and improving soil structure. The emphasis on sustainable agriculture and the rising demand for organic produce are key factors propelling the market forward. Additionally, government initiatives promoting eco-friendly farming practices and the shift towards organic and natural farming methods further contribute to the expanding biofertilizers market. As the agricultural sector seeks environmentally friendly solutions to address the challenges of soil degradation and declining fertility, biofertilizers emerge as a compelling choice, fostering a paradigm shift towards more sustainable and resilient agriculture.

Global Biofertilizers Market: Market Restraints and Challenges

The Biofertilizers Market may face challenges in its growth due to an increasing demand for synthetic fertilizers. This heightened demand for synthetic alternatives could limit the expansion of the biofertilizer sector. Synthetic fertilizers are widely used in agriculture for their quick nutrient availability, but they also come with environmental concerns such as soil degradation and water pollution. Despite the eco-friendly benefits of biofertilizers, their adoption might be hindered by the prevalent preference for synthetic options. Balancing the advantages of biofertilizers with the strong market demand for synthetic alternatives poses a significant challenge, influencing the overall growth trajectory of the Biofertilizers Market.

Global Biofertilizers Market Report Findings

https://www.globalinsightservices.com/reports/biofertilizers-market/

The Nitrogen-fixing segment is likely to hold the major share of the market in 2023

Based on the product, the market is segmented into Nitrogen-fixing, Phosphate-solubilizing, Potash-mobilizing, and Others. The Biofertilizers Market is experiencing significant growth, particularly in the Nitrogen-fixing segment in 2023. Nitrogen-fixing biofertilizers play a crucial role in enhancing soil fertility by converting atmospheric nitrogen into a form that plants can readily use. This process not only promotes plant growth but also reduces the dependency on synthetic nitrogen fertilizers, contributing to sustainable and eco-friendly agriculture. Farmers are increasingly recognizing the benefits of nitrogen-fixing biofertilizers in improving soil health, enhancing crop yields, and minimizing environmental impact. As a result, the demand for biofertilizers in the Nitrogen-fixing segment is on the rise, driving the overall expansion of the biofertilizer market.

Phosphate-solubilizing and Potash-mobilizing biofertilizers are gaining traction due to their ability to enhance the availability of essential nutrients in the soil, promoting overall plant health. These biofertilizers not only contribute to increased crop productivity but also aid in reducing the environmental impact associated with traditional chemical fertilizers. Farmers are increasingly adopting biofertilizers as an integral part of sustainable agriculture practices, recognizing their role in fostering soil fertility, improving nutrient absorption by plants, and ensuring long-term agricultural sustainability. The diverse benefits offered by various segments within the biofertilizer market underscore a broader trend towards environmentally friendly and resource-efficient farming practices.

The dry segment is likely to hold the major share of the market in 2023

Based on the form, the market is segmented into dry, and liquid. Among these, in 2023, the dry segment is experiencing notable growth. Dry biofertilizers, which come in powder or granular form, have gained popularity due to their convenience and ease of application. Farmers are increasingly adopting these biofertilizers as they offer a sustainable and eco-friendly alternative to traditional chemical fertilizers. The dry segment’s growth can be attributed to the rising awareness among farmers about the environmental impact of synthetic fertilizers and the benefits of using biofertilizers to enhance soil fertility. Moreover, the convenience of storage and transportation associated with dry biofertilizers has contributed to their widespread acceptance in the agricultural sector. As sustainable farming practices continue to gain momentum, the dry segment of the Biofertilizers Market is expected to witness further expansion in the coming years.

The cereals & grains segment is likely to hold the major share of the market in 2023

On the basis of crop type, the Biofertilizers Market is segmented into Cereals & grains, Pulses & oil seeds, Fruits & vegetables, and Others. Among these, in 2023, the cereals & grains segment is experiencing significant growth in the Market. The Cereals & grains segment is experiencing significant growth in the Biofertilizers Market. This expansion can be attributed to the increasing awareness and adoption of sustainable agricultural practices. Farmers are increasingly recognizing the benefits of biofertilizers, which are natural and eco-friendly alternatives to chemical fertilizers. In the Cereals & grains category, biofertilizers play a crucial role in enhancing soil fertility, promoting better nutrient absorption, and improving overall crop yield. As the demand for organic and environmentally friendly farming practices continues to rise, the Cereals & grains segment within the Biofertilizers Market is expected to witness continued growth, contributing to a more sustainable and resilient agricultural ecosystem.

The seed treatment segment is likely to hold the major share of the market in 2023

Based on the application, the market is segmented into the  Seed treatment, Soil treatment, and Others. Out of these, in 2023, seed treatment segment emerging as a key contributor to this expansion due to its practical application in agriculture. Farmers are increasingly adopting biofertilizer seed treatments as an effective means to enhance crop yield and improve overall plant health. Biofertilizer treatments applied directly to seeds contain beneficial microorganisms, such as nitrogen-fixing bacteria and phosphate-solubilizing fungi, which form symbiotic relationships with plants. These microorganisms promote nutrient absorption, enhance soil fertility, and protect crops from diseases. The simplicity and efficiency of seed treatment methods have contributed to the rising popularity of biofertilizers among farmers, fostering a positive trajectory for the growth of this segment in the agricultural sector.

The North America region is accounted for the majority of market share in 2023

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. In 2023,  North America has witnessed significant growth driven by several key factors. This is due to increasing awareness and adoption of sustainable agricultural practices in the region. Farmers are increasingly recognizing the benefits of biofertilizers, which are environmentally friendly and enhance soil fertility by promoting the growth of beneficial microorganisms. The demand for organic food and a growing emphasis on reducing the environmental impact of conventional farming methods have further propelled the use of biofertilizers. Government initiatives promoting sustainable agriculture and the availability of various biofertilizer products tailored to different crops have also contributed to the market’s expansion. With a rising preference for eco-friendly and cost-effective agricultural inputs, the North American biofertilizers segment is poised for continued growth, offering promising prospects for both farmers and the environment.

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Competitive Landscape

To obtain a competitive edge in the rapidly expanding Biofertilizerss Market, players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the Biofertilizers Market Report includes Asfertglobal, Lda, Agri Life, Bharat Biocon, Biomax Naturals, Camson Bio Technologies Limited, Chema Industries, Jay Enterprises, Kimitec Group, Kiwa Bio-Tech Products Group Corporation, Lallemand Inc., Mapleton Agri Biotec Pty Ltd, Rizobacter, Saosis Biotech Private Limited, SKS Bioproducts Pvt. Ltd., Symborg SL, T Stanes & Company Limited, among others.

Global Biofertilizers Market: Recent Developments

  • In October 2022, Koppert intends to invest in three new production units in Brazil, ensuring its leadership in the Brazilian and global markets for biological agricultural inputs. The new formulation unit will be located on more than 8,000 m2. It will produce the entire microbiological line, including products based on viruses, fungi, and bacteria in liquid or solid formulations.
  • In September 2022, Corteva Agriscience agreed to acquire Symborg Inc. to strengthen its global presence with a strong distribution network.
  • In March 2021, Symborg opened a new hydrolysis plant in Spain, with a total investment of USD 28.0 million. The plant is designed for the manufacturing of sustainable products for agriculture, such as biofertilizers, biostimulants, and biocontrol solutions that are imported to the United States.

Biofertilizers Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Biofertilizers Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Biofertilizers Market in terms of revenue ($Million) and volume (Kilotons).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Biofertilizers Market.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Biofertilizers Market along with the current trends and future estimations to depict imminent investment pockets. The overall Biofertilizers Market opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Biofertilizers Market are also analysed.

Global Biofertilizers Market Segmentation

By Product

  • Nitrogen-fixing
  • Phosphate-solubilizing
  • Potash-mobilizing
  • Others

By Form

  • Dry
  • Liquid

By Crop Type

  • Cereals & grains
  • Pulses & oil seeds
  • Fruits & vegetables
  • Others

By Applications

  • Seed treatment
  • Soil treatment
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

  • Asfertglobal, Lda
  • Agri Life
  • Bharat Biocon
  • Biomax Naturals
  • Camson Bio Technologies Limited
  • Chema Industries
  • Gujarat State Fertilizers & Chemicals Ltd. (GSFC)
  • Jay Enterprises
  • Kimitec Group
  • Kiwa Bio-Tech Products Group Corporation
  • Lallemand Inc.
  • Mapleton Agri Biotec Pty Ltd
  • Madras Fertilizers Limited
  • Rizobacter (Acquired by Bioceres Crop Solutions Corp.)
  • Rashtriya Chemicals and Fertilizers Limited (RCF)
  • Saosis Biotech Private Limited
  • SKS Bioproducts Pvt. Ltd.
  • Symborg SL
  • T Stanes & Company Limited
  • Maharashtra Bio Fertilizers Pvt. Ltd.
  • Novozymes A/S (Parent Company: Novo Nordisk A/S)
  • National Fertilizers Limited (NFL)
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Bromine Market
January, 2024

New York, January 2024: According to a new research study by Global Insight Services (GIS), the Bromine Market is expected to grow rapidly over the next 10 years and it is expected to reach a CAGR 3.8% during the forecast period.

Bromine is a halogen element with the symbol Br and atomic number 35. A heavy, volatile, reddish-brown liquid at room temperature, bromine is a fumigant with a strong, disagreeable odor and is frequently used as a disinfectant or a sedative. Bromine compounds are used as flame-retardants, in agriculture, in medicine, and as pesticides.

Bromine is produced by electrolysis of brine solutions. The major commercial source of bromine is the Dead Sea in Israel. Other sources include the Great Salt Lake in the United States, the Sea of Galilee in Israel, and various lakes in Russia. Bromine is used in a variety of applications, the largest of which is as a flame retardant. Bromine-containing flame-retardants are used in a variety of products, including plastics, textiles, electronics, and automobiles. Bromine is also used as a disinfectant and an insecticide.

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Global Bromine Market: Market Drivers and Trends

High Demand for bromine in developed economies fuel the industry growth

The high demand for bromine in developed economies, particularly driven by China, has emerged as a significant market driver for the bromine industry. China, alongside Israel, Jordan, and the United States, stands out as one of the leading producers of bromine globally. The substantial demand in China is primarily fueled by the widespread application of brominated flame retardants, with flame retardants being the largest application segment in the country. For instance, the successful launch of Asia-Potash International Investment’s bromine production project in Laos, with an annual output of 10,000 tons, significantly bolsters the bromine industry. This strategic expansion not only adds substantial production capacity to meet growing global demand but also establishes a foothold in Southeast Asia, enhancing the industry’s geographic reach.

The project’s contribution to the local economy, job creation, and social initiatives aligns with broader sustainability goals, fostering a positive image for the bromine industry while addressing critical needs in flame retardants, pharmaceuticals, and pesticide intermediates. Moreover, the establishment of this facility in Laos strengthens the bromine supply chain, ensuring resilience and stability in the industry’s global operations.

The construction sector and the electrical industry in China contribute significantly to the demand for bromine, especially in the form of brominated flame retardants utilized to inhibit or suppress combustion. The construction sector, constituting around 6.9% of China’s GDP in 2022, is poised for continued growth, aligning with the country’s development goals outlined in the 14th Five-Year Plan period (2021-2025). As the construction industry aims to maintain a 6% share of China’s GDP by 2025, the demand for bromine in flame retardants is expected to remain robust.

Furthermore, China’s status as the world’s largest electronics production base presents a substantial market for bromine. The electronic sector, encompassing wires, cables, computing devices, and personal electronic devices, experiences significant growth, both in domestic consumption and international exports. This surge in electronic production creates a sustained demand for brominated flame retardants, further driving the bromine industry’s growth in the region. Additionally, the rising electric vehicle market in China, supported by a 96.9% increase in new energy vehicle production from December 2021 to December 2022, positions the country as a major market for zinc-bromine flow batteries, contributing to the overall momentum of the bromine industry.

Global Bromine Market: Market Restraints and Challenges

Emergence of non-halogenated flame retardants

The emergence of non-halogenated flame retardants represents a significant challenge to the traditional bromine industry, posing a potential restraint on its growth. Non-halogenated flame retardants are gaining traction due to their perceived environmental and health benefits compared to their halogenated counterparts, such as bromine-based flame retardants. Bromine-based flame retardants, particularly brominated flame retardants (BFRs), have been widely used in various industries for their effectiveness in inhibiting the ignition and spread of fires. However, concerns about the environmental persistence and toxicity of bromine compounds have led to a growing demand for alternative, non-halogenated flame retardants.

Non-halogenated flame retardants, including phosphorus-based, nitrogen-based, and mineral-based alternatives, are being increasingly adopted in response to stringent regulatory measures and heightened awareness of the potential risks associated with bromine-containing compounds. These alternatives are often considered more environmentally friendly and safer for human health. As regulatory pressures continue to tighten, industries are seeking flame retardant solutions that offer both effective fire protection and reduced environmental impact, leading to a shift away from bromine-based products.

Non-halogenated flame retardants may require higher concentrations to achieve the same level of fire protection, potentially leading to increased production costs. Additionally, some non-halogenated flame retardants may have limited effectiveness in certain applications or materials, making them less versatile than their brominated counterparts.

Global Bromine Market Report Findings

https://www.globalinsightservices.com/reports/bromine-market/

The hydrogen bromide segment is likely to hold the major share of the market in 2023

By derivatives, the market is divided into organobromine, clear brine fluids (CBF), and hydrogen bromide. The hydrogen bromide segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 1,887.6 Million in 2023 and it is anticipated to grow at a CAGR of 4.0% during the forecast period. The use of hydrogen bromide in flow batteries is becoming more in need. Hydrogen bromide flow batteries fall within the category of high-power density membrane-less flow batteries. For instance, EnStorage Inc., a developer of large-scale electricity storage systems, created grid-connected 50.0 KW hydrogen-bromine (HBr) flow batteries that were linked to supply up to 100.0 kWh of energy at the company’s test facility in southern Israel. Similarly, in March 2013, the grid went live. HBr and H2 are used to store chemicals in EnStorage Inc. flow batteries. Hydrogen-bromine flow batteries are a dependable source of long-term power for big industrial equipment. They are now employed as dependable energy storage solutions in a variety of industrial units across the world. Hydrogen bromide’s reactivity and peculiar properties make it important in some specific chemical processes. Thus, the increase of hydrogen bromide in flow batteries is going to drive the growth of the bromine market.

The flame retardants segment is likely to hold the major share of the market in 2023

By application, the market is segmented into flame retardants, oil & gas drilling, PTA synthesis, water treatment & biocides, mercury emission control, pesticides, HBr flow batteries, plasma etching, and others. The flame retardants segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 1,638.3
Million in 2023 and it is anticipated to grow at a CAGR of 4.0% during the forecast period. Likewise, the HBr flow batteries segment is anticipated to witness the fastest growth during the forecast period. The segment was valued at USD 52.5 Million in 2023 and it is expected to grow at a rate of 5.1% during the forecast period.

Flame retardants are chemical compounds incorporated into materials during manufacturing to inhibit or slow down the combustion process, reducing the risk of fire. These compounds work by disrupting or slowing down the combustion process, thus providing a crucial layer of fire protection. Commonly used in various end-use products such as textiles, electronics, and construction materials, flame retardants play a crucial role in enhancing fire safety and compliance with industry regulations, safeguarding lives and property. Flame retardant chemicals, including Brominated Flame Retardants (BFRs), play a crucial role in enhancing fire safety across industries such as electrical and electronics, transportation, and construction. BFRs, containing bromine atoms, work by slowing down combustion processes, providing crucial evacuation time in case of fires. These chemicals are vital in applications like insulation materials and structural components in the construction industry to meet safety standards. The formulation of flame retardant chemicals is a specialized aspect, involving precise combinations to meet specific fire safety standards

Further, in 2020, the National Fire Protection Association (NFPA) recorded about 1.4 million fires in the US. These fires led to a loss of $21.9 billion in property and sadly, many lives were lost. With more people using electronic devices and having flammable materials at home, flame retardants have become really important for safety. This means that there is a growing need for flame retardants in the market to make things safer. The continuous expansion of the textile industry in Asia Pacific remains a driving factor for the Flame Retardant segment growth within the broader bromine industry. Notably, these flame retardants find extensive use in diverse applications, including printed circuit boards (PCBs), polymer foams, computer casings, electrical cables, and insulation coatings. The resurgence of this industry, fueled by changing consumer preferences and a rising demand for technical textiles, highlights a significant market opportunity.

The electrical & electronics segment is likely to hold the major share of the market in 2023

By end-use industry, the market is segmented into oil & gas, automotive, electrical & electronics, agriculture, pharmaceutical, cosmetics, textile, and others. The electrical & electronics segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 903.5 Million in 2023 and it is anticipated to grow at a CAGR of 4.3% during the forecast period. Likewise, the automotive segment is anticipated to witness the fastest growth during the forecast period. The segment was valued at USD 163.6 Million in 2023.

In the electrical sector, brominated flame retardants are used to prevent or suppress combustion. With the increased need for electrical and electronic items, as well as numerous flammable materials in homes, flame retardants have become an important aspect of safety, thus boosting market demand. BFRs are frequently employed to prevent fires in electronics and electrical equipment, accounting for more than half of all BFR applications. These flame retardants, for example, are widely employed in the outside housings of TV sets and computer displays, as the interior circuitry of such devices can heat up and gather dust over time. According to the National Fire Protection Association (NFPA), about 1.4 million fire incidents have been reported in the United States in 2020, resulting in a loss of USD 21.9 billion in damage and thousands of fatalities.

Moreover, the product launches from market players is fueling the segment growth. For instance, SAYTEX 8010, a flame retardant with high bromine concentration for electronic enclosures, components, foams, and textiles, was introduced by Albemarle Corporation in 2021. Thus, bromine plays a crucial role in expanding the electrical and electronics department which ultimately driving the market growth. Furthermore, as electronic devices become smaller, more powerful, and energy-efficient, the industry is witnessing a shift toward advanced materials and technologies. Bromine compounds, such as certain polymeric additives and catalysts, are being explored for their role in high-performance materials and processes in electronics manufacturing. These innovations aim to improve the durability, heat resistance, and overall performance of electronic components. Therefore, these aforementioned factors are likely to fuel the segment growth in the coming years and contributing to the bromine market.

The North America region is accounted for the majority of market share in 2023

Based on region, market is studied across North America, Europe, Asia-Pacific, and Rest of the World. The Bromine market in North America is anticipated to grow at a CAGR of 4.7% from 2024 to 2033. Bromine use is increasing across industries in the United States. Bromine demand is increasing as swimming pools become more popular and the chemical industries develop. Bromine is now widely used as a pool and hot tub disinfectant. It is a crucial component of water treatment systems due to its potent antibacterial and antialgae properties.

The growing need for bromine is expected to rise due to a developing pharmaceutical sector and increased need for numerous agricultural uses. In the United States, bromine compounds are used to minimize mercury emissions in a variety of industrial operations, primarily coal-fired power plants. Also, the North American bromine market is positioned for robust growth in the future years, thanks to rising demand and a solid production base. Furthermore, the bromine market in the United States had the biggest market share, while the bromine market in Canada was the fastest expanding in the North American area. The growth of the bromine market in North America is additionally fueled by innovations in flame retardant applications, where bromine compounds are crucial. The construction industry’s increasing emphasis on fire safety regulations contributes to the heightened demand for bromine-based flame retardants. Moreover, the electronics industry relies on bromine compounds for manufacturing certain components, further boosting market growth.

Environmental regulations promoting the use of bromine in mercury reduction technologies drive its adoption in North America. The region’s commitment to sustainable practices, especially in energy production, stimulates the demand for bromine in mercury control systems. Additionally, the expanding automotive sector in North America integrates bromine-based flame retardants in vehicle interiors. As safety standards evolve, the demand for bromine compounds as fire-resistant materials in automotive applications rises, further propelling market expansion. Thus, the bromine market in North America is experiencing growth due to its versatile applications.

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Competitive Landscape

The Bromine Market is characterized by a high degree of consolidation, with a limited number of key players dominating the market. Major contributors include Chemada Industries Ltd. (a part of Turpaz Group), Albemarle Corporation, Gulf Resources, Inc., Honeywell International Inc, ICL Industrial Products (ICL Group), LANXESS AG, MORRE-TEC Industries, Neogen Chemicals Limited, Satyesh Brinechem, Shandong Haiwang Chemical Co., Ltd., Solaris Chemtech (Agrocel Industries Pvt. Ltd), Tata Chemicals Ltd., TETRA Technologies, Inc., and Tosoh Corporation.

Global Bromine Market: Recent Developments

  • In December 2023, LANXESS, a specialty chemicals company, has outlined key terms for enhanced collaboration with Canadian firm Standard Lithium regarding their lithium project in El Dorado, Arkansas, USA. Under the agreement, LANXESS commits to supplying necessary brine for lithium extraction if Standard Lithium proceeds with industrial production of battery-grade lithium. Furthermore, LANXESS will lease land for Standard Lithium’s production facility and offer specific infrastructure services.
  • In May 2023 Neogen successfully acquired BULI Chemicals India Private Limited, situated on a 5-acre facility in Hyderabad. With the culmination of Phase I and Phase II Expansions at Dahej SEZ, along with additional brownfield expansions and the recent acquisition in Hyderabad, the overall organic chemicals manufacturing capacity of the company has surged from 1.30 m3 to 4.63 m3 of Reactor Capacity. Simultaneously, the aggregate manufacturing capacity of Inorganic Chemicals has experienced substantial growth, escalating from 2.40 m3 to 39 m3.
  • In February 2023, Tosoh Nikkemi Corporation, a fully owned subsidiary of Tosoh Corporation, announced the acquisition of all outstanding shares of Kyoei Mercantile Co. Ltd., a trading firm principally involved in industrial chemicals, from Nippon Denko Co., Ltd. and three other companies by Tosoh Nikkemi Corporation.
  • In December 2019 Lanxess AG acquired Itibanyl Produtos Especiais Ltda (IPEL), a Brazilian company that specializes in the production and sale of biocides, fungicides, and specialty chemicals. The acquisition was aimed at expanding Lanxess’ product portfolio in the specialty chemicals market.

Bromine Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Bromine Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Bromine Market in terms of revenue ($Million) and volume (Kilotons).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Bromine Market.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Bromine Market along with the current trends and future estimations to depict imminent investment pockets. The overall Bromine Market opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Bromine Market are also analysed.

Global Bromine Market Segmentation

By Derivatives

  • Organobromine
  • Clear Brine Fluids (CBF)
  • Hydrogen Bromide

By Application

  • Flame Retardants
  • Oil & Gas Drilling
  • PTA Synthesis
  • Water Treatment & Biocides
  • Mercury Emission Control
  • Pesticides
  • HBr Flow Batteries
  • Plasma Etching
  • Others (Fumigant Synthetis, Butyl Rubber)

By End-Use Industry

  • Oil & Gas
  • Automotive
  • Electrical & Electronics
  • Agriculture
  • Pharmaceutical
  • Cosmetics
  • Textile
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    •  Germany
    • France
    • The UK
    • Spain
    • Italy
    • Netherlands
    • Russia
    • Switzerland
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa
Key Players
  • Chemada Industries Ltd. (a part of Turpaz Group)
  • Albemarle Corporation
  • Gulf Resources, Inc.
  • Honeywell International Inc
  • ICL IP
  • LANXESS AG
  • MORRE-TEC Industries
  • Neogen Chemicals Limited
  • Satyesh Brinechem
  • Shandong Haiwang Chemical Co., Ltd.
  • Solaris Chemtech
  • Tata Chemicals Ltd.
  • TETRA Technologies, Inc.
  • Tosoh Asia Pte. Ltd.
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Graphene Market
January, 2024

New York, January 2024: According to a new research study by Global Insight Services (GIS), the Graphene Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 3.4 billion by 2033.

Graphene is a material that is made up of a single layer of carbon atoms. It is known for its strength and its ability to conduct electricity. Graphene has been used in a variety of applications, including electronics, sensors, and energy storage.

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Global Graphene Market: Market Drivers and Trends

A few key trends in graphene technology are worth mentioning.

There is a trend towards using graphene in flexible electronics. This is because graphene is extremely thin and flexible, making it ideal for use in bendable or foldable devices. Researchers are also exploring how to use graphene to create super-fast transistors and other electronic components. This is because graphene has extremely high electron mobility, meaning that it can carry electrical signals very quickly. There is also a trend towards using graphene to create new types of sensors. This is because graphene is very sensitive to a variety of different stimuli, such as light, heat, and pressure. This means that it can be used to create sensors that can detect a wide range of different environmental conditions.

There are a few key drivers of the graphene market. Firstly, graphene is an extremely strong material. It is about 200 times stronger than steel, making it ideal for a number of industrial applications. Secondly, graphene is also an excellent conductor of electricity and heat. This makes it suitable for a range of electronic applications. Finally, graphene is flexible and transparent, which makes it ideal for a number of optoelectronic applications.

Global Graphene Market: Market Restraints and Challenges

One of the key restraints for the graphene market is the high cost of production. Graphene is typically produced in small batches, making it difficult to achieve economies of scale. This, in turn, makes it difficult for companies to bring down the cost of production, making it a challenge for the market to expand.

Global Graphene Market Report Findings

https://www.globalinsightservices.com/reports/graphene-market/

The Graphene Oxide (GO) segment is likely to hold the major share of the market in 2023

Based on type, the Graphene Market is segmented into Mono-layer & Bi-layer Graphene, Few Layer Graphene (FLG), Graphene Oxide (GO), and Graphene Nano Platelets (GNP). The Graphene Oxide (GO) segment is expected to dominate the market during the forecast period. It is a large-surfaced oxidized version of graphene that may be utilized as an electrode material in capacitors, batteries, and solar cells. It is used with various polymers and materials to improve composite material qualities including elasticity, conductivity, and tensile strength. These structures are being employed more and more in applications such as ion conductors, hydrogen storage, and Nano filtration membranes. Furthermore, graphene oxide is luminous, making it useful for bio sensing and disease detection, antimicrobial materials, and drug carriers. Furthermore, graphene oxide is used in the fabrication of several electrical devices, such as graphene-based field effect transistors (GFET). The increasing application of graphene oxide in numerous end-use industries is expected to drive market demand.

The composites segment is likely to hold the major share of the market in 2023

By application, the market is classified into Radio Frequency Identification (RFID), Composites, Sensors, Research & Development, Energy Storage, Functional Ink, Polymer Additives, Tire, Coatings, and Others. The composites segment dominated the market in terms of revenue and is expected to dominate the market during the forecast period. Graphene-based composites are employed in a variety of sectors, including construction, aerospace, and automotive, as well as coatings, metals, and plastics. Composite producers account for the majority of the near-term demand. Because of its ease of handling and greater capabilities, graphene is being pushed as a replacement for carbon nanotubes. Superior qualities of graphene include strength, flexibility, lightweight, and conductivity. Composites are created by combining graphene’s compatibility with current items. Graphene is being utilized more often as an addition in resin matrices and other materials to increase mechanical qualities like as thermal and electrical conductivity, durability, stiffness, flexibility, and fire and UV resistance. These factors are expected to drive composite demand in the next years.

The Asia Pacific region is accounted for the majority of market share in 2023

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific has the biggest market share in terms of Graphene Market value followed by North America. Because of the vast number of producers and customers. Increasing production volumes in different industries such as automobiles, marine, military, and aerospace are likely to propel the graphene industry in this region throughout the forecast period. Due to favorable government backing for industrial investments, China is likely to develop as a key market throughout the projection period. The government has put out strong plans to secure graphene research and development funding.

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Competitive Landscape

The key players studied in the global Graphene Market are Applied Graphene Materials (UK), Directa Plus (UK), Graphene NanoChem (UK), Haydale (South Korea), XG Sciences (US), Angstron Materials (US), ACS Material (US), Graphene 3D Lab (US), Graphenea (UK), and GrafTech International (US).

Global Graphene Market: Recent Developments

  • In December 2022, Haydale introduced graphene-enhanced prepreg to provide cost-effective composite tooling with increased surface quality and thermal conductivity..
  • In July 2022, Concrene Ltd. inked a deal with Thomas Swan. Concrene Ltd.’s Thomas Swan intended to employ graphene nanoplatelets in different concrete dispersions to make high-compressive strength concrete. The arrangement aims to broaden the application base of Thomas Swan products on a global basis.
  • In May 2022, Imkemex (headquartered in Mumbai, India) and Applied Graphene Materials began negotiations for an exclusive distribution arrangement. AGM intends to immediately extend its commercial reach to the region’s liquid resins, coatings, composites, and polymers businesses through this new relationship.
  • In July 2021, Graphenea and Grapheal collaborated to accelerate biosensor research with GraphLAB, a graphene-based product. GraphLAB is a next-generation protein disease and screening detection tool.
  • In July 2021, AGM introduced a novel new line of environmentally friendly GNP dispersions. These dispersions will allow users of coatings, paints, and composite materials to improve the sustainability of their varied product compositions.

Global Graphene Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Graphene Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global Graphene Market potential from 2022 to 2032 in terms of revenue ($ Million), and Volume (Units).
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Graphene Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Graphene Market industry.

Global Graphene Market Segmentation

By Type

  • Mono-layer & Bi-layer Graphene
  • Few Layer Graphene (FLG)
  • Graphene Oxide (GO)
  • Graphene Nano Platelets (GNP)

By Application

  • Radio Frequency Identification (RFID)
  • Composites
  • Sensors
  • Research & Development
  • Energy Storage
  • Functional Ink
  • Polymer Additives
  • Tire
  • Coatings
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

 

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Pyroxasulfone Market
December, 2023

New York, December 2023: According to a new research study by Global Insight Services (GIS), the Pyroxasulfone Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 0.7 billion by 2032.

Pyroxasulfone is an herbicide used to control weeds in agricultural fields. It is a sulfonylurea herbicide, meaning that it works by inhibiting the growth of weeds. Pyroxasulfone is a systemic herbicide, meaning that it is taken up by the plant and transported throughout the plant, killing the weeds from within. It is effective against a wide range of weeds, including grasses, broadleaf weeds, and sedges.

Pyroxasulfone is a new herbicide, and it is the first sulfonylurea herbicide to be registered for use in the United States. It is a selective herbicide, meaning that it only affects certain weeds, leaving other desirable plants unharmed. It is also a low-odor, low-volatility herbicide, meaning that it does not have a strong smell or evaporate quickly.

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Global Pyroxasulfone Market: Market Drivers and Trends

Pyroxasulfone is a post-emergent herbicide used to control weeds in various crops such as cotton, soybeans, and corn. It is an active ingredient in several herbicides, including GoalTender, Zidua, and Prefix. Pyroxasulfone is a sulfonylurea herbicide, which affects the plant’s growth by inhibiting the production of the amino acid valine. It is a potent herbicide that has been used for many years in the United States, and is now gaining popularity in other parts of the world.

The key drivers of the pyroxasulfone market are increasing demand for herbicides, and rising awareness about the benefits of herbicides.

Growing demand for herbicides: The global demand for herbicides is increasing due to the need for weed control in agricultural crops. The demand for herbicides is increasing due to the emergence of new weeds that are resistant to traditional herbicides, as well as the need to control weeds in organic farming. Pyroxasulfone is a powerful herbicide that can be used to control a wide range of weeds and is thus in high demand.

Rising awareness about the benefits of herbicides: Herbicides are widely used to control weeds in crops and reduce the amount of manual labor required for weeding. People are becoming more aware of the benefits of herbicides, such as their ability to reduce labor costs, increase crop yields, and reduce environmental pollution. This is driving the demand for pyroxasulfone and other herbicides…

Global Pyroxasulfone Market: Market Restraints and Challenges

Pyroxasulfone is a new generation herbicide developed by Syngenta AG for use in the control of weeds in agricultural crops. Its active ingredient is pyroxasulfone, a sulfonylurea herbicide. It is a broad-spectrum herbicide, meaning it can be used to control a wide variety of weeds.

The key restraints and challenges in the Pyroxasulfone market are as follows:

1. Limited Availability: Pyroxasulfone is only available in limited quantities, making it difficult for farmers to access. This is due to the fact that it is still in the early stages of development and is not yet widely available on the market.

2. Cost: Pyroxasulfone is a relatively expensive herbicide, making it difficult for farmers to afford. This is largely due to its limited availability and the fact that it is a new product.

3. Environmental Impact: Pyroxasulfone has been found to have a negative impact on the environment. This is due to its active ingredient, which can cause soil and water contamination. As a result, it has been restricted in some countries.

Global Pyroxasulfone Market Report Findings

https://www.globalinsightservices.com/reports/pyroxasulfone-market/

The Fruits & Vegetables segment is likely to hold the major share of the market in 2022

Based on crop type, the Pyroxasulfone Market is segmented into Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Others. The Fruits & Vegetables segment is expected to dominate the market during the forecast period.

The Emulsifiable Concentrate (EC) segment is likely to hold the major share of the market in 2022

Based on formulation, the Pyroxasulfone Market is segmented into Emulsifiable Concentrate (EC), Wettable Powder (WP), Liquid, and Others. The Emulsifiable Concentrate (EC) segment is expected to dominate the market during the forecast period.

The Large Scale Farming segment is likely to hold the major share of the market in 2022

Based on use, the Pyroxasulfone Market is segmented into large scale farming, small scale farming, and gardening. The large scale farming segment is expected to dominate the market during the forecast period.

The Direct Sales segment is likely to hold the major share of the market in 2022

Based on Distribution Channel, the Pyroxasulfone Market is segmented into Direct Sales, Distributors/Retailers, and Online Retail. The Direct Sales segment is expected to dominate the market during the forecast period.

The North America region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America has the biggest market share in terms of Pyroxasulfone Market value followed by Europe. The high demand for herbicides in the region is being driven by the increased use of precision agricultural technologies and genetically modified crops. Despite the tight herbicide laws in Europe, the pyroxasulfone market is expected to grow moderately in the coming years. However, the rise in demand for organic products is likely to drive the pyroxasulfone industry in the region. In the future, the Asia Pacific region is predicted to develop at a faster rate due to the increasing need for herbicides fueled by the expansion of agricultural areas and the need to control weeds in rice, wheat, and maize crops.

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Competitive Landscape

The key players studied in the global Pyroxasulfone Market are FMC Corporation , BASF SE, Bayer AG, Sumitomo Chemical Co., Ltd. , Syngenta AG , Adama Agricultural Solutions Ltd., UPL Limited, Nufarm Limited, Tagros Chemicals India Ltd., and Heranba Industries Limited among others.

Global Pyroxasulfone Market: Recent Developments

  • In 2022, Syngenta and Sumitomo Chemical have partnered to develop and market products based on pyroxasulfone, to increase their market share in the pyroxasulfone sector.
  • In 2021, BASF acquired pyroxasulfone rights from Bayer CropScience, which enabled them to dominate the pyroxasulfone industry and expand their herbicide line.

Global Pyroxasulfone Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Pyroxasulfone Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global Pyroxasulfone Market potential from 2022 to 2032 in terms of revenue ($ Million), and Volume (Units).
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Pyroxasulfone Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Pyroxasulfone Market industry.

Global Pyroxasulfone Market Segmentation

By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Others

By Formulation

  • Emulsifiable Concentrate (EC)
  • Wettable Powder (WP)
  • Liquid
  • Others

By End Use

  • Large Scale Farming
  • Small Scale Farming
  • Gardening

By Distribution Channel

  • Direct Sales
  • Distributors/Retailers
  • Online Retail

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Key Players

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Cypermethrin Insecticide Market
December, 2023

New York, December 2023: According to a new research study by Global Insight Services (GIS), the Cypermethrin Insecticide Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 3.9 billion by 2032.

Cypermethrin is an insecticide used to control a wide range of insect pests. It belongs to a class of synthetic pyrethroids, which are synthetic versions of naturally occurring pyrethrins. Pyrethrins are derived from the flowers of the pyrethrum daisy, and have traditionally been used to control a wide range of insects.

Cypermethrin works by interfering with the nerve cells of the insects, causing them to become paralyzed and die. It is highly effective against a wide range of insect pests, including ants, fleas, cockroaches, flies, moths, and ticks. It is also effective against some forms of larvae and eggs, making it a useful tool for controlling insect populations.

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Global Cypermethrin Insecticide Market: Market Drivers and Trends

Cypermethrin is a type of insecticide used to control a wide variety of insect pests. It is a synthetic pyrethroid insecticide that is used to control many species of insects, including fleas, flies, moths, and ticks. It is also used to control ants, spiders, and other pests. Cypermethrin is an effective and fast-acting insecticide that can be used both indoors and outdoors.

The key drivers of the Cypermethrin insecticide market include increasing demand for food, and rising awareness about the health hazards associated with the use of conventional insecticides.

The increasing demand for food is one of the major drivers of the Cypermethrin insecticide market. The global population is expected to reach 8.5 billion by 2030, which will create a huge demand for food. To meet this demand, farmers must use insecticides to protect their crops from insect damage. Cypermethrin is an effective and safe insecticide that can be used to protect crops from insect damage.

The rising awareness about the health hazards associated with the use of conventional insecticides is also driving the demand for Cypermethrin insecticides. Conventional insecticides such as organophosphates and carbamates can be toxic to humans and other animals. Cypermethrin is a low toxicity insecticide that is safe for use around humans and other animals..

Global Cypermethrin Insecticide Market: Market Restraints and Challenges

Cypermethrin is an insecticide widely used in agriculture and other areas to control pests. It is a synthetic pyrethroid and is known to be highly toxic to aquatic life and beneficial insects. It can also have adverse effects on human health if inhaled or absorbed through the skin, and can persist in the environment for long periods of time. As a result, its use is highly regulated and its availability is limited.

The key restraints and challenges in the Cypermethrin insecticide market are as follows:

1. Regulatory Restrictions: Cypermethrin is a highly toxic chemical and its use is subject to stringent regulation by both national and international authorities. The Environmental Protection Agency (EPA) in the United States has classified cypermethrin as a restricted-use pesticide, meaning that it can only be used by certified applicators and is subject to additional restrictions. The European Union has classified cypermethrin as a hazardous substance and has set maximum residue limits for its use in food. In addition, the World Health Organization (WHO) and the Food and Agriculture Organization (FAO) have established safety guidelines for its use. These restrictions have limited the availability and usage of the insecticide, thus impacting its market growth.

2. Alternatives: The availability of alternative insecticides has posed a challenge to the growth of the cypermethrin insecticide market. Alternatives such as neonicotinoids and spinosad have been gaining popularity due to their lower toxicity and their ability to target specific pests. These insecticides are also less persistent in the environment, making them more attractive to consumers.

Global Cypermethrin Insecticide Market Report Findings

https://www.globalinsightservices.com/reports/cypermethrin-insecticide-market/

The Fruits & Vegetables segment is likely to hold the major share of the market in 2022

Based on crop type, the Cypermethrin Insecticide Market is segmented into Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Others. The Fruits & Vegetables segment is expected to dominate the market during the forecast period.

The Seed Treatment segment is likely to hold the major share of the market in 2022

By application, the market is classified into Foliar Spray, Seed Treatment, Soil Treatment, and Post-Harvest. The Seed Treatment segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period.

The insects segment is likely to hold the major share of the market in 2022

Based on pest type, the Cypermethrin Insecticide Market is segmented into Insects, Mites, and others. In 2022, the Insects segment dominated the market in terms of revenue and is expected to be the same during the upcoming years.

The Emulsifiable Concentrate (EC) segment is likely to hold the major share of the market in 2022

Based on formulation, the Cypermethrin Insecticide Market is segmented into Emulsifiable Concentrate (EC), Wettable Powder (WP), Liquid, and Others. The Emulsifiable Concentrate (EC) segment is expected to dominate the market during the forecast period.

The Agricultural segment is likely to hold the major share of the market in 2022

Based on use, the Cypermethrin Insecticide Market is segmented into Agricultural, Domestic/Home, and Public Health. The Agricultural segment is expected to dominate the market during the forecast period.

The Direct Sales segment is likely to hold the major share of the market in 2022

Based on Distribution Channel, the Cypermethrin Insecticide Market is segmented into Direct Sales, Distributors/Retailers, and Online Retail. The Direct Sales segment is expected to dominate the market during the forecast period.

The North America region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America has the biggest market share in terms of Cypermethrin Insecticide Market value followed by Europe. This is because cypermethrin insecticide is in great demand in the agricultural sector, where it is used to control pests on a wide range of crops. Europe is the world’s second-largest market for cypermethrin insecticide, accounting for one-quarter of the worldwide market. The rising demand for cypermethrin insecticide in the public health sector, which is used to control pests in homes and businesses, is driving the European market. Asia Pacific is the pesticide cypermethrin’s third largest market. Due to increased demand for cypermethrin insecticide in the agricultural and public health sectors, the Asian market is likely to develop at the quickest rate in the future years.

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Competitive Landscape

The key players studied in the global Cypermethrin Insecticide Market are FMC Corporation , BASF SE, Bayer AG, Sumitomo Chemical Co., Ltd. , Syngenta AG , Adama Agricultural Solutions Ltd., UPL Limited, Nufarm Limited, Tagros Chemicals India Ltd., and Heranba Industries Limited among others.

Global Cypermethrin Insecticide Market: Recent Developments

  • In 2022, FMC Corporation introduced Cyperkill XT. This novel cypermethrin formulation is intended to be more effective and last longer than prior formulations.
  • In 2022, Bayer Crop Science bought Arysta Life Science’s cypermethrin business. With this transaction, Bayer Crop Science gained a sizable market share in the cypermethrin pesticide industry.
  • In 2021, Syngenta introduced Acceleron EC. This product is a liquid cypermethrin formulation that is easier to administer and more effective against a broader range of pests.
  • In 2021, BASF acquired Syngenta’s cypermethrin business, giving it a leading position in the cypermethrin insecticide industry for agricultural and public health applications.
  • In 2020, Cypermax EC is a water-dispersible granule formulation containing cypermethrin. It is designed to be more effective against pests that have become resistant to other insecticides. Introduced by Bayer CropScience.
  • In 2020, Sumitomo Chemical, giving it a dominant position in the cypermethrin insecticide market for public health applications, acquired Dow AgroSciences’ cypermethrin business.

Global Cypermethrin Insecticide Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Cypermethrin Insecticide Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global Cypermethrin Insecticide Market potential from 2022 to 2032 in terms of revenue ($ Million), and Volume (Units).
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Cypermethrin Insecticide Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Cypermethrin Insecticide Market industry.

Global Cypermethrin Insecticide Market Segmentation

By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Others

By Application

  • Foliar Spray
  • Seed Treatment
  • Soil Treatment
  • Post-Harvest

By Pest Type

  • Insects
  • Mites
  • Others

By Formulation

  • Emulsifiable Concentrate (EC)
  • Wettable Powder (WP)
  • Liquid
  • Others

By Use

  • Agricultural
  • Domestic/Home
  • Public Health

By Distribution Channel

  • Direct Sales
  • Distributors/Retailers
  • Online Retail

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Key Players

 

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Strontium Nitrate Market
December, 2023

New York, December 2023: According to a new research study by Global Insight Services (GIS), the Strontium Nitrate Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 0.35 billion by 2032.

Strontium nitrate is an inorganic compound composed of strontium, a soft, silvery-white metal, and nitrate, an anion composed of nitrogen and oxygen. It is a white, crystalline solid that is highly soluble in water. Strontium nitrate is used in a variety of applications, including pyrotechnics, explosives, and fireworks. Strontium nitrate is produced by the reaction of nitric acid with strontium carbonate or strontium hydroxide. This reaction produces a solution of strontium nitrate, which can be crystallized out of solution by the addition of a soluble salt, such as sodium nitrate. Strontium nitrate is also available commercially in powder or crystal form..

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Global Strontium Nitrate Market: Market Drivers and Trends

The key drivers of the Strontium Nitrate market are:

1. Growing Demand for Fireworks and Pyrotechnics: The demand for fireworks and pyrotechnics has been increasing in recent years due to their use in various events and celebrations. Strontium Nitrate is an important component of these products, as it provides the necessary color and brightness. It is also used in the manufacture of smokeless powder, gunpowder, and other explosives. This has resulted in an increased demand for Strontium Nitrate.

2. Increasing Use in Agriculture: Strontium Nitrate is used in the manufacture of fertilizers, as it helps to improve crop yields and soil fertility. It is also used in the production of insecticides and other agricultural chemicals. This has led to an increased demand for Strontium Nitrate..

Global Strontium Nitrate Market: Market Restraints and Challenges

The key restraints and challenges in the Strontium nitrate market include:

1. Health and Safety Hazards: Strontium nitrate is a hazardous substance and its use is strictly regulated due to its potential to cause harm to human health and the environment. It is toxic if ingested, inhaled, or absorbed through the skin. Exposure to strontium nitrate can cause irritation of the eyes, skin, and respiratory tract. Long-term exposure to high concentrations of strontium nitrate can cause kidney and bone damage. It is also a flammable material and can cause explosions when exposed to heat or open flame. This presents a major challenge to the manufacturers of strontium nitrate, as they must ensure that their products are handled and stored safely.

2. Price Fluctuations: The price of strontium nitrate is highly sensitive to fluctuations in the market. It is affected by the availability of raw materials, demand for the product, and the cost of production. The price of strontium nitrate is also affected by the price of other chemicals that are used in the production process. This makes it difficult for manufacturers to plan their production and price their products..

Global Strontium Nitrate Market Report Findings

https://www.globalinsightservices.com/reports/strontium-nitrate-market/

The Ultra-High Purity (≥99%) aircraft segment is likely to hold the major share of the market in 2022

Based on grade, the Strontium Nitrate Market is segmented into High Purity (<99%), and Ultra-High Purity (≥99%). The Ultra-High Purity (≥99%) segment is expected to dominate the market during the forecast period.

The pyrotechnic segment is likely to hold the major share of the market in 2022

By application, the market is classified into electrical & electronics, paints & coatings, personal care, pyrotechnic, and refining. The pyrotechnic segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. This is because of the increased demand for pyrotechnics, flashes, streamers, theoretical glitter, and exploding confetti..

The North America region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America has the biggest market share in terms of Strontium Nitrate Market value followed by Europe. Owing to increased demand for strontium in various industries, including electronics, automotive, and aerospace. The country’s robust army and military capabilities also add to this region’s need. Due to the growing range of Applications and expanding usage of strontium nitrate in chemicals, Europe’s Strontium market holds the second-largest market share. Furthermore, the German Strontium market had the biggest market share, while the UK Strontium market was the European Region’s fastest-growing market.  During the anticipated period, the Asia-Pacific Strontium market is expected to develop the quickest. This is due to a progressive increase in strontium use and related compounds in this Region’s pyrotechnic, electrical, and electronics sectors. Furthermore, China’s Strontium market had the greatest market share, while India’s Strontium market was the fastest-growing in the Asia-Pacific region..

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Competitive Landscape

The key players studied in the global Strontium Nitrate Market are DuPont (U.S.), Solvay (Belgium), Honeywell International Inc. (U.S.) , LuminoChem (Hungary) , Nemoto & Co. Ltd., (Japan), Allureglow International (Australia), GloTech International (Philippines), Lightleader Co. Ltd. (China), Tavco Chemicals Inc. (U.S.), amd RTP Company (U.S.) among others.

Global Strontium Nitrate Market: Recent Developments

  • In March 2019, Solvay introduced Halar ECTFE, a novel waterborne liquid coating technology. The Product is intended to improve Solvay’s penetration across several sectors by providing increased corrosion protection for the chemical industry.

Global Strontium Nitrate Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Strontium Nitrate Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global Strontium Nitrate Market potential from 2022 to 2032 in terms of revenue ($ Million), and Volume (Units).
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Strontium Nitrate Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Strontium Nitrate Market industry.

Global Strontium Nitrate Market Segmentation

By Grade

  • High Purity (<99%)
  • Ultra-High Purity (≥99%)

By Application

  • Electrical & Electronics
  • Paints & Coatings
  • Personal Care
  • Pyrotechnic
  • Refining

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Key Players

 

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Hemp Fiber Market
November, 2023

New York, November 2023: According to a new research study by Global Insight Services (GIS), the Hemp Fiber Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 56.2 billion by 2032.

Hemp Fiber is a term used to describe natural, plant-based fibers produced from the stalks of the hemp plant (Cannabis sativa). Textiles, automobile components, building materials, paper manufacture, and other sectors and applications make use of these fibers. Hemp fiber is well known for its strength, durability, and eco-friendliness, making it an appealing alternative for sectors looking for sustainable and renewable raw materials. It is one of the most durable and adaptable natural fibers available. Hemp fiber is well known for its high strength, resilience to wear and tear, and eco-friendliness.

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Global Hemp Fiber Market: Market Drivers and Trends

Favorable Government Policies Encouraging Natural Fibers: Hemp fiber adoption is being driven by favorable government policies and activities encouraging the use of eco-friendly and biodegradable natural fibers in industries such as textiles and automobiles. Governments all across the globe are taking steps to lessen their reliance on nonrenewable resources and migrate to more sustainable alternatives. For example, the European Union’s policies and efforts, such as the European Green Deal, place a premium on a circular economy. Such regulations promote the use of hemp fiber as an alternative to synthetic fibers that are renewable, recyclable, and biodegradable.

Furthermore, legalization of Industrial Hemp Cultivation: In many countries, the legalization of industrial hemp cultivation is a primary driver of the hemp fiber business. Despite having relatively low THC levels, hemp remained illegal for decades owing to its association with marijuana. However, several nations, including the United States, Canada, and Europe, have authorized hemp production in recent years, recognizing its industrial potential. This has greatly expanded the availability of hemp fibers and made commercial production possible. The 2018 Farm Bill in the United States legally authorized hemp farming, giving American hemp industries a boost. Legalization has also resulted in product innovation, drawing investors to the industry.

Global Hemp Fiber Market: Market Restraints and Challenges

High Processing Costs: The high processing costs connected with hemp fiber impede speedier and more widespread adoption in the industry. Before fibers can be used in textiles and composites, hemp stalks go through a sophisticated, multi-step process that includes decortication, carding, and spinning. Establishing these capital-intensive facilities necessitates substantial investments, particularly for smaller firms. Supply bottlenecks are caused by a lack of processing facilities. Harvesting and processing require a lot of work, which raises the overall cost. Processing expenses can be reduced by mechanization and new technology.

Some Applications Have Performance Limitations: Hemp fiber has the benefits of sustainability, durability, and renewability. Its qualities, however, may not fulfill the performance criteria for some technological applications. In comparison to glass fibers, hemp fiber reinforcement has intermediate mechanical qualities. This may limit the use of hemp composites in automotive and construction applications requiring high strength and structural integrity. Hemp fiber qualities may be improved through breeding and production methods to make it more competitive.

Global Hemp Fiber Market Report Findings

https://www.globalinsightservices.com/reports/hemp-fiber-market/

The long (bast) fibers segment is likely to hold the major share of the market in 2022

Based on type, the Hemp Fiber Market is segmented into long (bast) fibers, and short (core) fibers. The commercial aircraft segment is expected to dominate the market during the forecast period. Increased usage of hemp fiber in textile, pulp, and paper applications has benefited the industry. Long (bast) fibers are in high demand in the hemp fiber business. This is due to the increasing popularity of ecologically friendly and sustainable products, as well as the flexibility and strength of hemp fibers utilized in textile items.

The textiles segment is likely to hold the major share of the market in 2022

By application, the market is classified into textiles, pulp & paper, and composite material. The textiles segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. Because of its environmental benefits, resilience, and versatility, hemp fiber is becoming more popular in the textile industry. It is a more sustainable textile than cotton and synthetic fibers such as polyester since it requires less water and pesticides to manufacture and can be easily blended with other fibers to generate a variety of clothing. Furthermore, hemp fibers are strong and long lasting, making them ideal for clothing, home textiles, and industrial components.

The Asia Pacific region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific has the biggest market share in terms of Hemp Fiber Market value followed by North America. Owing to rising demand for ecologically friendly and sustainable things. Hemp fiber is a versatile material that may be found in textiles, houses, and automobiles. Growing awareness of the environmental benefits of hemp fiber, such as its biodegradability and minimal water consumption during manufacturing, is likely to fuel market expansion in the area. Furthermore, the rising popularity of hemp-based clothes, purses, and other fashion products is likely to drive market expansion. China is likely to lead the Asia Pacific hemp fiber market due to its large-scale hemp production and the presence of several textile and construction sectors. China and India are expected to have considerable market growth in the next years.

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Competitive Landscape

The key players studied in the global Hemp Fiber Market are Ecofibre (Australia) , Hemp Inc. (U.S.), GenCanna (U.S.) , Constellium SE , HempFlax Group B.V. (Netherlands), Konoplex (Russia), Hemp Oil Canada (Canada), HemPoland (Poland), Dun Agro Hemp Group (Netherlands) , and Colorado Hemp Works, INC (U.S.) among others.

Global Hemp Fiber Market: Recent Developments

  • In April 2023, Panda Biotech worked with the Southern Ute Growth Fund to encourage long-term hemp farming in the United States. The cooperation intends to develop production facilities to provide future-proof solutions.
  • In March 2023, through its venture capital firm Fashion and Technology No.2 Investment Enterprise Partnership, Toyoshima invested in hemp fiber company FyberX. FyberX’s goal is to produce regenerative hemp fiber through a bioregional strategy that helps farmers, improves soil health, recovers rural communities, and expands opportunities in numerous industries, including the textile industry.
  • In September 2022, Ananda Food has expanded its nutraceuticals product offering with the introduction of Ananda Hemp Extract Oral Spray. It is stated that the hemp extract spray might aid in stress management and workout recovery.
  • In August 2022, Cone Denim’s collaboration with hemp processing pioneer Bast Core was expanded with the release of the duo’s American hemp collection. The partnership’s goal is to assist the company’s efforts to create new cooperation possibilities amongst like-minded individuals and to provide customers with sustainable denim goods.
  • In March 2022, HempFusion established a relationship with earthday.org to promote the brand’s environmental sustainability regeneration effort.
  • In August 2021, Levi Strauss & Co. was the first to use cottonseed hemp denim (2020). The brand supports the usage of organic cotton and cottonseed hemp while pioneering sustainable production practices in the fashion industry.
  • In June 2021, Hempfusion Wellness expanded its tincture product range by introducing CBD 5:1 tinctures with a raspberry lemon taste. The new tincture contains full-spectrum CBD as well as CBG and CBN.

Global Hemp Fiber Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Hemp Fiber Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global Hemp Fiber Market potential from 2022 to 2032 in terms of revenue ($ Million), and Volume (Units).
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Hemp Fiber Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Hemp Fiber Market industry.

Global Hemp Fiber Market Segmentation

By Type

  • Long (bast) fibers
  • Short (core) fibers

By Application

  • Textiles
  • Pulp & paper
  • Composite material
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Key Players

 

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Amino Acid Market
November, 2023

Amino Acid Market to Reach US$ 47.7 bn by 2032, driven by Growing public awareness of the importance of leading a healthy lifestyle and an increase in the prevalence of diseases among people have increased the demand for pharmaceutical products, propelling the expansion of the sector. Over the projection period, this is predicted to have a beneficial effect on the inclusion of amino acids in pharmaceutical goods: Global Insight Services

New York, November 2023: According to a new research study by Global Insight Services (GIS), the global Amino Acid Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 47.7 bn by 2032.

Amino acids are the building blocks of proteins and form a significant part of both animal and human nutrition. In the human body, they are required for vital processes such as the synthesis of neurotransmitters and hormones. Amino acids are found in abundance in red meat, seafood, eggs, dairy products, quinoa and soy products. They are beneficial for strengthening the immune system, fighting arthritis and cancer, treating tinnitus and rectal diseases. Nowadays, the demand for amino acids is rising as they aid in improving conditions like depression, sleep disorders, premenstrual dysphoric disorder (PMDD), smoking cessation, bruxism and attention deficit-hyperactivity disorder (ADHD).

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Amino Acid Market: Key Trends and Drivers

Increasing health-consciousness among consumers has raised the demand for nutritious food. This has bring about food and beverage manufacturers to present products infused with essential nutrients, such as amino acids, Thus leading to a rise in their demand. Adding to that, bodybuilders and athletes are leaning toward protein-rich products to improve their performance and improve muscle development. Some of these products are sports supplements, such as energy drinks, nutrition bars, low carbohydrate food and nutrition supplements. Moreover, amino acids are utilized in animal feed to meet the protein requirements of the animals. Constant advancements in the field of biotechnology have played a major role in the production of proteinogenic amino acids, which are integrated into proteins during translation. These factors are expected to propel the growth of the amino acids market globally.

Amino Acid Market: Restraints & Challenges

There are a few key restraints and challenges in the amino acids market. Firstly, the high cost of amino acids can limit their use to only certain applications. Secondly, the purity of amino acids is crucial, and impurities can cause problems in downstream processes. Finally, amino acids are often delicate and can be easily degraded, making storage and transport difficult.

Amino Acid Market Report Findings

https://www.globalinsightservices.com/reports/amino-acids-market/

The plant based segment is anticipated to hold a majority of the Amino Acid Market size throughout the study period.

Based on the raw material, the amino acid market is divided into plant based, and animal based. Plant-based raw materials dominated the segment with a revenue share of xx% in 2022. The growing consumer awareness regarding natural and organic products is expected to drive the worldwide production and consumption of plant-based amino acids. In addition, the augmented social awareness related to animal slaughter is expected to positively impact the demand for plant-derived amino acids. However, the production of plant-based products is limited owing to the lack of production technology and the requirement of high capital costs.

Animals are the primary sources for the extraction of amino acids. Animal meat including pork, beef, and chicken along with other by-products such as muscle, skin, gut, blood, and placenta of fish. Animal by-products can be sourced from slaughterhouses, meat processors, and aquaculture farms. Key players involved in meat processing include JBS S.A., Tyson Foods, Inc., and Smithfield Foods. The rising meat consumption across the globe has driven its production. This, in turn, is likely to boost the market growth in the coming years.

The L-glutamin Amino Acid segment is anticipated to hold a majority of the Amino Acid Market size throughout the study period.

By product, the industry is bifurcated into L-glutamate, lysine, methionine, threonine, tryptophan, and others. L-glutamate dominated the market with the highest revenue share of xx% in 2022. This is attributable to its wide utilization as a flavor enhancer, nutritional supplement, and feed additive. This is used as a raw material for producing organic chemicals. In the food & beverages industry, sodium salt of l-glutamate which is commonly called seasoning salt is extensively used to enhance food palatability. The surging demand for processed food products, along with increasing usage of l-glutamate in animal feed, is projected to fuel the growth of the l-glutamate segment of the market in the coming years.

Lysine is the second largest product segment with a revenue share of xx% in 2022. The demand for lysine is mainly driven by the growth of the dietary supplements market worldwide. Apart from human consumption, this is also a popular additive for animal feed. It is extensively used for the deposition of proteins in the body. The quantity of lysine consumed daily influences the growth of animals. The alteration in the concentration of dietary lysine used in animal feed enhances the growth of animals, and feed quality. The rising demand for lysine from animal feed manufacturers, coupled with the surging consumption of dietary supplements, is expected to augment the global demand for lysine over the forecast period.

The food & dietary supplements segment is likely to hold a dominant Amino Acid Market share and grow at a substantial CAGR during the forecast period.

Based on application, the industry is categorized into animal feed, food & dietary supplements, and pharmaceutical. Food & dietary supplements application dominated the market with a revenue share of more than xx% in 2022. Amino acids are used to increase the nutritive value of food products. Products such as lysine and methionine are used in bread and soy products, respectively. Increased demand for functional and nutritional food products is anticipated to drive the segment over the forecast period. Amino acids are widely used in the nutraceutical industry as a dietary supplement for the treatment of muscle fatigue, and muscle soreness as well as to maintain cardiovascular health.

The polutry segment is anticipated to hold a majority of the Amino Acid Market size throughout the study period.

Based on livestock, the amino acid market is divided into swine, poultry, cattle, and others. Poultry dominated the livestock in the animal feed segment with the highest revenue share of xx% in 2022. Market growth of poultry can be attributed to the rising demand for meat and poultry products worldwide. This segment consists of chicken, duck, turkey, and broiler among others. Rising demand for chicken and broiler meat in the countries such as the Russia, U.S., and Mexico is anticipated to propel the poultry feed market.

Growing consumption of pork meat has propelled manufacturers to produce high-quality and disease-free meat products for human consumption. This has given rise to feed additives demand. Amino acids when used as a feed additive, improve production efficiency and performance as well as enables protein synthesis. Products such as lysine and methionine are found to be deficient in pork diets; hence, they are often added to pork feed in the form of feed additives to overcome the deficiency.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Amino Acid Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific dominated the market with the highest revenue share of over xx% in 2022. Rising pork consumption in China is expected to drive market growth in the country. Growing health concerns and rising individual medical expenditure are expected to fuel the demand for dietary supplements in China, which, in turn, is expected to augment the demand for amino acids. The shift in the trend toward ready-to-drink (RTD) beverages is projected to positively influence the demand for aspartame, in turn, augmenting the consumption of amino acids in the form of aspartic acids in the region over the forecast period.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Amino Acid market Adisseo, ADM, Ajinomoto Co., Inc., AMINO GmbH, Daesang Europe B.V., Evonik Industries AG, KYOWA HAKKO BIO Co., Ltd., Merck KGaA, Novus International, Inc., Pacific Rainbow International, Inc., among others.

Recent Developments in the Amino Acid Market:

  • The Leverkusen, a pharmaceutical company Bayer AG based in Germany announced the introduction of Ambition in January 2022, an amino acid-based medication developed exclusively for the Chinese market. The substance includes glycine acid, glutamic, and alanine, and among its 19 various types of amino acids.
  • In January 2022, Ambition, a first-ever amino acids biostimulant, was introduced by Bayer AG in China. The item encourages photosynthesis and fosters plant development. Through improved plant defenses, management of nutrient efficiency, and improved crop production, Ambition helps crops realize their full potential.
  • In April 2021, CJ CheilJedang Corp. has announced the launch of FlavorNrich Master C. In response to consumer demand for transparent, natural flavor components made from plants, this is the first naturally occurring cysteine in the world. This has aided the business in diversifying its offering.
  • ADM launched NutriPass L which is an encapsulated lysine supplement, to boost milk output.

Amino Acid Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Amino Acid Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Amino Acid Market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Amino Acid Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Amino Acid Market Segmentation

By Raw Material

  • Plant Based
  • Animal Based

By Product

  • L-glutamate
  • Lysine
  • Methionine
  • Threonine
  • Tryptophan
  • Others

By Application

  • Animal Feed
  • Food & Dietary Supplements
  • Pharmaceutical

By Livestock

  • Swine
  • Poultry
  • Cattle
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

Key Players

  • Amira Nature Foods Ltd (UAE)
  • Daawat (India)
  • Grain Millers, Inc. (US)
  • Kohinoor Foods Ltd. (India)
  • Lundberg Family Farms (US)
  • Riviana Foods Inc. (US)
  • SunFoods, LLC (Hinode) (US)
  • K. Ricemill and Ash (Thailand)
  • Taj Mahal Basmati Rice (India)
  • Tamaki Rice Corporation (Japan)

 

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Natural Refrigerant Market
September, 2023

New York, September 2023: According to a new research study by Global Insight Services (GIS), the Natural Refrigerant Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 2.9 billion by 2032.

A natural refrigerant is a chemical obtained from natural sources, which include ammonia, water, or carbon dioxide, that has favorable thermodynamic heat transfer qualities and is utilized in air conditioning and refrigeration systems. It has a low or zero ozone-depleting potential (ODP) and a low global warming potential (GWP), which makes it a greener option to synthetic refrigerants. Natural refrigerants have a low environmental effect and so provide a sustainable and energy-efficient cooling option.

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Natural Refrigerant Market: Market Drivers and Trends

The increasing stringency of government regulations are propelling the market growth. Ozone-depleting substances (ODS) are classed as class I or class II banned chemicals in the United States, according to the Environmental Protection Agency (EPA). Class I compounds, such as chlorofluorocarbons (CFCs) and halons, have a higher ozone depletion potential and, with a few exceptions, have been phased out in the United States. As a result, no class I chemicals can be manufactured or imported. Class II compounds are all hydro chlorofluorocarbons (HCFCs), which act as substitutes for a variety of class I substances. The bulk of HCFCs were forbidden from manufacturing and import as of 2020. As a result, such laws are expected to increase demand for natural refrigerants.

Furthermore, increasing awareness regarding environment-friendly refrigerants is likely to drive the market growth during the projected period. Natural refrigerants form naturally through biological and chemical processes without human intervention. Natural hydrocarbons, carbon dioxide, water, and air have zero or near-zero GWP and may be used to minimize energy, gas, and water use. Switching to natural refrigerants that are better for the environment’s long-term growth constitutes one of the most efficient strategies to reduce greenhouse gas emissions. These drivers are likely to propel market expansion.

Natural Refrigerant Market: Market Restraints and Challenges

Using combustible gas is usually dangerous. Propane or natural gas is utilized for cooking and heating in many households. The purpose of a heat pump using a flammable refrigerant is to keep the refrigerant contained within a sealed system. Unlike refrigerators, which are controlled by International Electro technical Commission (IEC) regulations that allow up to 150 grams of flammable refrigerant, heat pumps that operate with flammable refrigerant charges more than 150 grams are not governed by any standards. Certain agencies have concluded that the danger of using flammable refrigerants is permissible if certain measures are followed. The cost may be limited depending on the size of the room. The heat pump installation compartment must be well-ventilated. In the case of a spill, there may be no components that can ignite. As a result, the dangers related to flammable refrigerants may stifle the expansion of the natural refrigerants industry. Hence, these factors are expected to restrain growth of the market during the forecast period.

Natural Refrigerant Market Report Findings

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The carbon dioxide segment is likely to hold the major share of the market in 2022

Based on type, the Natural Refrigerant Market is segmented into carbon dioxide, ammonia, hydrocarbons, and others. The hydrocarbons segment is further sub-segmented into propane, isobutene, ethane, ethylene, propylene, and others. The carbon dioxide segment is expected to dominate the market during the forecast period. Under normal conditions, carbon dioxide (CO2) is a colorless, odorless, heavier-than-air liquid. It is classified as an excellent refrigerant since it is non-toxic and inflammable. Because their ODP (Ozone Depletion Potential) is zero, CO2-based refrigerants have no impact on the ozone layer. However, it might be argued that since it is a byproduct of industrial operations, it would have been emitted into the atmosphere otherwise. Carbon dioxide is one of the most common gases used in supermarket refrigeration as a substitution for synthetic refrigerants.

The refrigerators segment is likely to hold the major share of the market in 2022

By application, the market is classified into refrigerators, air conditioning systems, and others. Based on refrigerators, the segment is further divided into industrial, commercial, domestic, and others. Similarly, the air conditioning systems segment is further sub-segmented into stationary, chillers, heat pumps, and others. The refrigerators segment dominated the market in 2022 in terms of revenue and is expected to be the fastest growing segment during the forecast period. There are many different types, including industrial, household, and others. For a brighter future, there is an urgent need to seek pure, eco-friendly refrigerants. The hunt for refrigerants that do not deplete the ozone layer or contribute to global warming has raised the desire for natural refrigerants such as CO2, NH3, and hydrocarbons, which are often used in refrigerators.

The Europe region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe has the biggest market share in terms of Natural Refrigerant Market value followed by North America. This is due to the The surge in demand for natural refrigerants in Europe can be attributed to tight environmental restrictions that have curtailed the usage of hydrofluorocarbon (HFC) refrigerants. Europe is expected to be the fastest-growing area in the market owing to the region’s high rate of natural refrigerant consumption by end users. Furthermore, the market for refrigerants in this region is expected to grow as a result of the country’s improved level of living. Natural refrigerants use less energy, have less leakage, and are less costly than fluorocarbons. According to the Air Conditioning and Refrigeration European Association (AREA), the European Association of Refrigeration, air conditioning, and heat pump (RACHP) contractors, yearly turnover has surpassed $26.27 billion in 2020.

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Competitive Landscape

The key players studied in the global Natural Refrigerant Market are HyChill Australia Pty Ltd, A-Gas International Ltd, AGC Inc. , Evonik Industries AG , Daikin industries ltd., Air Liquide, Linde Plc, Puyang Zhongwei Fine Chemical Co., Ltd, Danfoss AS , and Johnson Controls International plc among others.

Natural Refrigerant Market: Recent Developments

  • On March 2023, Danfoss announced the acquisition of BOCK GmbH, a producer of carbon dioxide and low-GWP compressors. BOCK GmbH possessed one of the most diverse natural refrigerant compressor portfolios, comprising hydrocarbons, CO2 (R744), and other low-GWP refrigerants. The agreement has advanced energy efficiency and the global transition to low-GWP and natural refrigerants.
  • On February 2023, Linde engaged in a long-term agreement and committed to supplying clean hydrogen and nitrogen to OCI’s upcoming world-scale blue ammonia factory in Beaumont, Texas. The Beaumont project aspires to enhance and improve the world’s leading platform for blue ammonia and clean fuels.
  • On October 2022, A-Gas International Ltd. has announced its membership in the Climate and Ozone Protection Alliance (COPA). The alliance aims to shift the cooling sector to more environmentally friendly refrigerants and to build better refrigerant lifecycle management. The strategy was designed to accelerate the growth of natural refrigerants and provide effective environmental solutions to the global market.
  • On December 2022, The new separators at A-Gas went into service in early 2023, with more than double the separation capacity of the current facility, fulfilling a substantial need indicated by the NGO research.
  • On August 2019, Linde AG, a German industrial gas manufacturer, completed the purchase of its South India business to Japan’s Air Water Inc. (AWI) as a part of its global merger with Praxair Inc., located in the United States.

Natural Refrigerant Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Natural Refrigerant Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Natural Refrigerant Market in terms of revenue ($Billion).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Natural Refrigerant industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Natural Refrigerant Market along with the current trends and future estimations to depict imminent investment pockets. The overall Natural Refrigerant industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Natural Refrigerant Market are also analyzed.

Natural Refrigerant Market Segmentation

By Type

  • Hydrocarbons
    • Propane
    • Isobutane
    • Ethane
    • Ethylene
    • Propylene
    • Others
  • Carbon Dioxide
  • Ammonia
  • Others

By Application

  • Refrigerators
    • Industrial
    • Commercial
    • Domestic
    • Others
  • Air Conditioning Systems
    • Stationary
    • Chillers
    • Heat Pumps
    • Others
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Recycled Carbon Fiber Market
July, 2023

Recycled Carbon Fiber Market to Reach US$ 284.6 Mn by 2032, driven by shifting focus toward sustainability, advancement in research and development for recycling techniques, and increasing potential demand from additive manufacturing and 3D printing sector: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global Recycled Carbon Fiber market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 284.6 Million by 2032.

Recycled carbon fiber is a material that is made from recycled carbon fiber waste. It is made by breaking down the carbon fiber waste into small pieces and then melting it down into a new form. The recycled carbon fiber can then be used to create new products.

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Recycled Carbon Fiber Market: Key Trends and Drivers

The Recycled Carbon Fiber Market is poised for substantial growth in the coming years, largely driven by the increasing emphasis on sustainable and environmentally responsible practices across industries. As the world grapples with the challenges of climate change and resource depletion, businesses are recognizing the urgent need to adopt eco-friendly solutions. Recycled carbon fiber offers a compelling opportunity for industries, such as automotive, aerospace, construction, and electronics, to reduce their carbon footprint and minimize waste generation. By diverting carbon fiber waste from landfills and incorporating it into new products, companies can significantly lower production costs while contributing to circular economy initiatives. Moreover, the growing demand for lightweight and high-strength materials further amplifies the market’s potential, as recycled carbon fiber possesses excellent mechanical properties. As regulatory bodies and consumers increasingly demand sustainable practices, the Recycled Carbon Fiber Market is expected to thrive, fostering a greener and more resilient industrial landscape..

Recycled Carbon Fiber Market: Restraints & Challenges

One of the significant restraint of the Recycled Carbon Fiber Market is the complex and costly process of recycling carbon fiber materials. Carbon fiber is known for its high strength-to-weight ratio, making it a crucial component in various industries, including aerospace, automotive, and sporting goods. However, recycling carbon fiber involves breaking down the composite structures, removing impurities, and regenerating usable fibers, which demands advanced technologies and significant energy consumption. The intricate recycling process leads to higher production costs, limiting the market’s growth and making it less competitive compared to conventional carbon fiber produced from virgin materials. Additionally, the quality of recycled carbon fiber may not always match that of newly manufactured carbon fiber, hindering its widespread adoption in high-performance applications and potentially deterring potential customers from fully embracing the recycled carbon fiber alternatives. Despite the environmental benefits associated with recycling, addressing these technical and economic challenges will be crucial to unlock the full potential of the Recycled Carbon Fiber Market.

Recycled Carbon Fiber Market Report Findings

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The chopped recycled carbon fiber segment is likely to hold a dominant Recycled Carbon Fiber market share and grow at a substantial CAGR during the forecast period.

On the basis of type, it is segmented into Chopped Recycled Carbon Fiber and Milled Recycled Carbon Fiber. The Chopped Recycled Carbon Fiber segment is expected to grow at the significant CAGR during the forecast period. This surge can be attributed to a combination of factors, including increasing environmental consciousness, rising demand for sustainable materials in various industries, and advancements in recycling technologies. Chopped recycled carbon fiber offers an attractive alternative to traditional carbon fiber, as it reduces waste and carbon emissions, while still maintaining excellent mechanical properties. The automotive, aerospace, and construction sectors, among others, have embraced this eco-friendly solution for its cost-effectiveness and reduced environmental impact. As governments and industries continue to prioritize sustainability, the Chopped Recycled Carbon Fiber segment is expected to further flourish, contributing significantly to the overall growth of the Recycled Carbon Fiber Mark.

The automotive scrap segment is anticipated to hold a majority of the Recycled Carbon Fiber market size throughout the study period.

By Source, the industry is classified into Automotive Scrap, Aerospace Scrap, and Others. Among these automotive scrap segment accounted significant revenue share in 2022. As the automotive industry increasingly recognizes the environmental impact of traditional carbon fiber production and disposal, the demand for recycled carbon fiber from end-of-life vehicles and manufacturing waste has surged. Automotive manufacturers are keen on incorporating sustainable materials in their products, and recycled carbon fiber offers a compelling solution by providing comparable mechanical properties to virgin carbon fiber at a reduced cost and significantly lower carbon footprint. This growth trend is expected to continue as more automakers embrace circular economy principles and governments enforce stricter environmental regulations, driving the adoption of recycled carbon fiber in the automotive sector and contributing to a greener and more sustainable future for the industry.

The aerospace and defense segment is anticipated to hold a majority of the Recycled Carbon Fiber market size throughout the study period.

By End-use industry, Recycled Carbon Fiber Market has been segmented into Automotive, Aerospace and Defense, Wind Energy, Sporting Goods, and Other. During the forecast period, the aerospace and defense segment is expected to grow at the fastest CAGR in the market. The use of recycled carbon fiber has replaced aluminum in aircraft, resulting in improved fuel economy. By employing lightweight materials and structures, military aircraft can carry more fuel and payload, while commercial aircraft benefit from reduced greenhouse gas emissions and landfill waste. For example, the Boeing 787 was made 20% lighter, leading to a fuel economy increase of approximately 10% to 12%. In response to the significant problem of aircraft waste, the aerospace industry is increasingly adopting recycled carbon fiber. It is projected that around 6000-8000 aircraft will reach the end of their service life by 2030, presenting a potential source for carbon recycling in the industry.

Airbus has set an ambitious target to recycle 95% of its carbon fiber waste by 2020-2025, with 5% being reused in the aerospace sector. The demand for aircraft is on the rise, with Airbus receiving 771 gross orders in 2021, compared to 383 units in 2020. Forecasts indicate a need for 44,040 new jets valued at USD 6.8 trillion over the next two decades, driven by growing passenger volumes and increasing aircraft retirements. The global commercial fleet is estimated to reach 50,660 aircraft by 2038, considering both new deliveries and jets in service. According to the International Air Transport Association (IATA), the revenue of commercial airlines grew from USD 373 billion in 2020 to approximately USD 472 billion in 2021, registering a year-on-year growth rate of 26.7%. It was anticipated to reach USD 658 billion by the end of 2022. Boeing predicts that by 2040, the worldwide commercial fleet will surpass 49,000 planes, with major markets like China, Europe, North America, and the Asia-Pacific countries accounting for approximately 20% of new plane deliveries each, while the remaining 20% will go to emerging markets. Considering all these factors, the global market for recycled carbon fiber is expected to grow significantly during the forecast period.

The North America region is estimated to exhibit the highest growth rate during the Recycled Carbon Fiber market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America is home to some of the growing economies, and it is also a technologically advanced economy. The North American region is set to maintain its market dominance, primarily led by the United States, which boasts the largest economy in terms of GDP. Both the United States and Canada are considered among the world’s fastest-growing economies.

The market’s growth in North America is being strongly influenced by the thriving automotive and aerospace industries. Several factors contribute to this growth, including strategic advancements, the presence of established car manufacturers and leading recycled carbon fiber producers, as well as continuous technological advancements in recycled carbon fiber products. The United States, in particular, stands out as the primary consumer of recycled carbon fiber in the region, with major corporations relying on it extensively. The increased demand for lightweight materials in the automotive and aerospace sectors to reduce vehicle weight has further accelerated the utilization of recycled carbon fiber in these industries. For the aerospace industry, the United States witnessed a temporary decline in the commercial fleet’s number of aircraft in 2020, as reported by the Federal Aviation Administration (FAA). However, there is a promising projection of growth, with the commercial fleet expected to reach 8,756 aircraft by 2041, experiencing an average annual growth rate of 2%. This growth trajectory is expected to fuel the demand for carbon fiber across various applications in the aerospace sector.

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Competitive Landscape

The key players in the Recycled Carbon Fiber Market  are  as  Toray Industries, Inc. (Japan), SGL Carbon SE  (Germany), ELG Carbon Fiber Ltd. (England), Procotex Corporation SA (Belgium) , Karborek Recycling Carbon Fibers  (Italy), Vartega Inc.  (US), Carbon Conversions Inc  (US), Carbon Fiber Recycling, Inc. (Japan), and Shocker Composites LLC  (US), among others.

Recent Developments in the Recycled Carbon Fiber Market:

  • In August 2022, Vartega announced the expansion of its 50,000-square-foot manufacturing facility with a planned capacity of 2,000 metric tons per year. The company has expanded its production capacity ten times more than the previous capacity.
  • In May 2022, Gen 2 Carbon Limited established a strategic alliance with Deakin University to promote the development of carbon fiber recycling in Australia. The company expanded its conversion capabilities and extended its sales to reach new regions.

Recycled Carbon Fiber Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Recycled Carbon Fiber outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of the Recycled Carbon Fiber Market in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Recycled Carbon Fiber industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Recycled Carbon Fiber along with the current trends and future estimations to depict imminent investment pockets. The overall Recycled Carbon Fiber industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Recycled Carbon Fiber are also analyzed.

Global Recycled Carbon Fiber Market Segmentation

By Type

  • Chopped Recycled Carbon Fiber
  • Milled Recycled Carbon Fiber

By Source

  • Automotive Scrap
  • Aerospace Scrap
  • Other Sources

By End-use Industry

  • Automotive
  • Aerospace and Defense
  • Wind Energy
  • Sporting Goods
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

 

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Aramid Fiber Market
June, 2023

Aramid Fiber Market to Reach US$ 8.4 Bn by 2032, driven by the growing demand for functional food and beverages owing to increasing consciousness among people about maintaining a balanced diet with a proper content of essential nutrients: Global Insight Services

New York, June 2023: According to a new research study by Global Insight Services (GIS), the global Aramid Fiber Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 8.4 Billion by 2032.

Aramid fiber is a type of synthetic fiber that is heat resistant and strong. It is used in a variety of applications, including bulletproof vests and tires. Aramid fiber is made from a class of polymers called aromatic polyamides. The most common type of aramid fiber is Kevlar.

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Aramid Fiber Market: Key Trends and Drivers

Increasing demand for security & protective measures in various end-use industries such as military and construction is anticipated to boost the demand for aramid fibers over the forecast period. Aramid fiber is widely utilized in the making of protective clothing, equipment, and accessories owing to its excellent fiber, chemical, mechanical, and thermal properties. Protective clothing is specifically designed, treated, and fabricated to protect personnel from hazards that are caused by dangerous work environments and extreme environmental conditions. Some of the protective clothing is designed to protect workers from pollution or infection. Protective clothing is widely utilized in various end-use industries such as healthcare/medical, mining, oil & gas, manufacturing, building & construction, military, and others.

Aramid Fiber Market: Restraints & Challenges

The key restraints and challenges in Aramid Fiber market are as follows: Aramid fibers are expensive as compared to other synthetic fibers. This makes them less affordable for many applications. Aramid fibers have poor resistance to UV radiation. This limits their use in outdoor applications. Aramid fibers are also flammable, which can limit their use in certain applications.

Aramid Fiber Market Report Findings

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The Para-aramid Fiber segment is likely to hold a dominant Aramid Fiber Market share and grow at a substantial CAGR during the forecast period.

Based on type, the market is segmented as Para-aramid Fiber, and Meta-aramid Fiber. Among these Para-aramid Fiber segment accounted for xx% market share in 2022. Para-Aramid is an aromatic polyamide distinguished by long, rigid polymer crystalline chains. The major drivers for this market are the increasing usage of para-aramid fiber in brake pads, clutches, transmission belts, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors. Also, the increasing utilization of para-aramid fiber as an alternative to asbestos and steel in military and aerospace applications for ballistic grade body armor fabric is expected to fuel the market growth during the forecast period. Furthermore, stringent government norms regarding the safety of employees at the workplace and large penalties for non-compliance with these standards is also anticipated to contribute to the para-aramid fiber industry growth during the forecast period.

However, the unremitting demand from the relatively unaffected defense and electrical & telecommunications industries is expected to be the redeeming grace for the aramid fiber market, indemnifying a portion of the losses incurred. The unwavering demand from the largely unaffected defense and electrical & telecommunications industries, on the other hand, is expected to be the aramid fiber market’s saving grace, compensating for some of the losses experienced.

The security & protection segment is anticipated to hold a majority of the Aramid Fiber Market size throughout the study period.

Based on application, the market is segmented as Security & Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement, Electrical Insulation and Others. The security & protection segment led the market and accounted for more than xx% share of the global revenue in 2022. Increasing use of the product in bullet-resistant & protective clothing, stab-resistant products such as helmets and protective gloves, is projected to benefit the growth of the application segment.

Aramid fiber is increasingly used in aerospace components such as primary wing, and fuselage structures in new generation aircraft, landing gear doors, and leading & trailing edge panels. The properties of the product including its superior strength, impact resistance, and low weight are projected to result in high product consumption.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Aramid Fiber Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe accounted for largest revenue share in 2022. Germany leads the European automotive market, with 41 assembly and engine production plants that contribute to one-third of the total automobile production in Europe. Germany is one of the most important places for the automotive industry to make things. It is home to a wide range of manufacturers, including those who make equipment, materials, and parts; engines; and those who put the whole system together. According to the OICA, the total number of cars and light commercial vehicles (LCV) produced in Germany amounted to about 3.74 million units in 2020 and reached 3.31 million units in 2021, with a decline rate of 13%. The country has been witnessing this decline in automotive production over the past few years. This is mostly because of the high costs, the move of production to other countries (like China), and the new WLTP emission control rules, which made it hard for many companies to register their new products because they couldn’t meet the requirements.

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Competitive Landscape

The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global Aramid Fiber Market report includes players such as Rohtex GmbH (Germany), DuPont De Numerous, Inc. (US), Huvis Corporation (South Korea), Hyosung Corp. (South Korea), Kermel (France), Kolon Industries Inc. (South Korea), SRO Aramid (Jiangsu) Co. Ltd. (China), Teijin Ltd. (Japan), Toray Industries, Inc. (Japan), and Yantai Tayho Advanced Materials Co., Ltd. (China) among others

Recent Developments in the Aramid Fiber Market:

  • In June 2022, Teijin Aramid B.V. introduced the Woven Matrix concept for the easy manufacturing of various ballistic protection solutions. The company’s high-performance para-aramid, Twaron, is used to create the woven matrix. The new fabric-based matrix technology would help the company assist its defense and security customers in streamlining their manufacturing processes by reducing the need for pre-pegging activities.
  • In May 2022, Taekwang Industry announced an investment of USD 112 million to boost aromatic polyamide (aramid) production from 1,500 tons to 5,000 tons per annum by 2025.

Aramid Fiber Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Aramid Fiber Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Aramid Fiber Market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Aramid Fiber Market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Aramid Fiber Market Segmentation

By Type

  • Para-aramid Fiber
  • Meta-aramid Fiber

By Application

  • Robot-Assisted Surgery
  • Clinical Trials
  • Hospital Workflow
  • Therapy Planning
  • Wearables
  • Virtual Assistants
  • Medical Imaging & Diagnosis
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Activated Carbon-based Nonwoven Fabric Market
May, 2023

Activated Carbon-based Nonwoven Fabric Market to Reach US$ 4.2 Bn by 2032, driven by the increase in the number of military attacks in the province: Global Insight Services

New York, May 2023: According to a new research study by Global Insight Services (GIS), the global Activated Carbon-based Nonwoven Fabric market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 4.2 Billion by 2032.

High-grade activated carbon powder is used to load the nonwoven matrix with the activated carbon nonwoven fabric, which is formed of a polymer substance. It can efficiently absorb various types of industrial waste gas, including benzene, formaldehyde, ammonia, and sulfur dioxide. It also has strong adsorption capabilities, thin thickness, good air permeability, and ease of heat formation.

Active carbon nonwoven fabric is air permeable and has a thin thickness. It is frequently employed as an intermediary layer for surgical face masks in the industrial and medical sectors. It can produce a variety of active carbon face masks that are safe for the environment, don’t pollute, and can detect the restriction of hazardous substances (RoHS) heavy metals.

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Activated Carbon-based Nonwoven Fabric Market: Key Trends and Drivers

Increasing Demand For Air And Water Purification

Activated carbon-based nonwoven fabrics are widely used for air and water purification due to their ability to remove pollutants and impurities. With the growing concern for environmental pollution, the demand for these fabrics is increasing. The increasing demand for air and water purification has been a major driver of the activated carbon-based nonwoven fabric market. Activated carbon-based nonwoven fabrics are used in a variety of air and water purification applications due to their excellent adsorption and filtration properties.

In the air purification industry, activated carbon-based nonwoven fabric is used in filters for HVAC systems, automotive cabin filters, and air purifiers. It can remove volatile organic compounds (VOCs), smoke, and odors from the air. The increasing concern for indoor air quality and the rising levels of pollution have led to a higher demand for activated carbon-based nonwoven fabric in the air purification industry.

Similarly, in the water purification industry, activated carbon-based nonwoven fabrics are used in water filters, water treatment plants, and other applications to remove impurities and contaminants from water. With the increasing awareness of water scarcity and the need for clean water, the demand for activated carbon-based nonwoven fabrics in water purification is expected to grow.

Activated Carbon-based Nonwoven Fabric Market: Restraints & Challenges

High production costs

The production process of activated carbon-based nonwoven fabric is complex, and the equipment required is expensive. The high production costs can make the final product expensive, which can limit the market demand. One of the major restraining factors is the cost of activated carbon, which is used as the primary material in nonwoven fabric. Activated carbon is derived from carbonaceous materials like coal, coconut shells, or wood and the cost can vary depending on the source and quality of the material. Another cost factor is the energy required for the production process, which involves heating and activation of the carbon material. The cost of energy can vary depending on the source and availability of electricity or other energy sources. The labor cost is also a factor, as the production process requires skilled operators to handle the equipment and ensure the quality of the final product. In addition, the equipment used in the production process can be expensive to purchase and maintain, which adds to the overall production costs. To reduce production costs, manufacturers may look for ways to optimize the production process, such as improving energy efficiency, streamlining operations, and exploring alternative raw materials. Additionally, they may also explore ways to increase the yield of the production process, such as by reducing waste or optimizing the use of resources.

Activated Carbon-based Nonwoven Fabric Market Report Findings

The synthetic segment is likely to hold a dominant Activated Carbon-based Nonwoven Fabric market share and grow at a substantial CAGR during the forecast period.

By material type, the activated carbon-based nonwoven fabric market is divided into synthetic and natural. The synthetic segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 1,42,923.0 thousand in 2022, and it is anticipated to grow further to USD 2,53,910.1 thousand by 2032, at a CAGR of 5.6% during the forecast period. Activated carbon-based nonwoven fabric is a type of material that has the ability to adsorb pollutants and harmful gases from the environment. To enhance its performance, synthetic materials are sometimes used in the manufacturing process. One common synthetic material used in activated carbon-based nonwoven fabric is polypropylene. Polypropylene is a thermoplastic polymer that is durable, lightweight, and has good chemical resistance. It is often used as a base material for nonwoven fabrics because it can be easily spun into fibers that can be bonded together to form a cohesive material. In the production of activated carbon-based nonwoven fabric, synthetic materials can be added to the carbon to enhance its performance. For example, the addition of synthetic fibers can increase the strength and durability of the material, making it suitable for applications that require high tensile strength and resistance to tearing.

The air/gas filtration segment is anticipated to hold a majority of the Activated Carbon-based Nonwoven Fabric market size throughout the study period.

By application, the activated carbon-based nonwoven fabric market has been bifurcated into air/gas filtration and water filtration. The air/gas filtration segment is divided into face masks, cabin air filtration, HVAC filters, air compressor filters, air purifier filters, CBRN filters, and others. The segment was valued at USD 1,40,580.0 thousand in 2022, and it is anticipated to grow further to USD 2,60,682.2 Thousand by 2032, at a CAGR of 6.0% during the forecast period. Activated carbon-based nonwoven fabric is a type of material that is commonly used in air and gas filtration applications.

Activated carbon-based nonwoven fabrics are made by embedding activated carbon particles into a nonwoven fabric matrix. The resulting material is highly effective in capturing pollutants from the air or gas stream passing through it. The activated carbon-based nonwoven fabric acts like a sponge that selectively attracts and retains harmful contaminants while allowing clean air or gas to pass through. It can offer several advantages over other filtration materials. They have high adsorption capacity, low pressure drop, and can effectively remove a wide range of pollutants. Additionally, they are relatively lightweight, flexible, and easy to handle and can be customized to fit specific filtration requirements. Moreover, activated carbon-based nonwoven fabric can be manufactured in a variety of forms, such as filters, sheets, and mats, making it suitable for a wide range of air and gas filtration applications. Overall, the combination of high adsorption capacity, versatility, low cost, durability, and environmental friendliness make activated carbon-based nonwoven fabric an attractive material for air and gas filtration applications.

The water & wastewater treatment segment is anticipated to hold a majority of the Activated Carbon-based Nonwoven Fabric market size throughout the study period.

The activated carbon-based nonwoven fabric market, by end-use vertical, is segregated into manufacturing, automotive, medical & healthcare, water & wastewater treatment, food & beverages, aerospace & Défense, electronics, and others. The water & wastewater treatment segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 93,720.0 thousand in 2022, and it is anticipated to grow further to USD 1,66,057.4 Thousand by 2032, at a CAGR of 5.5% during the forecast period.

The activated carbon-based nonwoven fabric market finds extensive use in the water and wastewater treatment industry. Activated carbon is a highly porous material that can effectively adsorb impurities and contaminants from water and wastewater, making it a popular choice for treating these resources. Activated carbon-based nonwoven fabrics can be used as filter media in various water treatment applications such as municipal water treatment, industrial wastewater treatment, and purification of drinking water. These fabrics offer a high surface area for adsorption, which allows them to remove a broad range of impurities such as organic compounds, chlorine, and heavy metals. In the wastewater treatment process, activated carbon-based nonwoven fabrics can be used as part of the filtration process to remove pollutants before releasing the water back into the environment. They are also used in the treatment of industrial effluents to prevent the discharge of harmful chemicals and toxins into water sources. Overall, the water and wastewater treatment segment is a significant application area for activated carbon-based nonwoven fabrics, and their use is expected to increase in the future as governments and industries focus on sustainable and environmentally friendly water treatment solutions.

The North America region is estimated to exhibit the highest growth rate during the Activated Carbon-based Nonwoven Fabric market forecast period.

Region-wise, the market is analyzed across the Asia-Pacific, North America, Europe, and the Rest of the World to understand their regional trends. The Asia-Pacific region was the highest revenue-generating region in 2022, and the Asia-Pacific region is projected to exhibit the highest CAGR throughout the study period. The market is analyzed across the U.S., Canada, and Mexico. The activated carbon-based nonwoven fabric market in North America is anticipated to grow at a CAGR of 5.4% from 2023 to 2032. North America is anticipated to have considerable nonwoven fabric market expansion due to increased industrial output and an expected comeback in building activity during the forecast period. However, the maturity of many disposable product market is projected to limit market development to some extent. Because of the expansion of infrastructure and construction activities, the area of North America (the United States and Canada) and Latin America is identified as the second-largest hub for nonwoven fabric manufacturing. Due to rising demand from the purification, chemical, and medical industries in nations such as the United States and Canada, North America is likely to dominate the activated carbon-based nonwoven fabric market.

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Competitive Landscape

The key players in the Activated Carbon-based Nonwoven Fabric Market are as Ahlstrom, AWA PAPER & TECHNOLOGICAL COMPANY, Inc., Camfil AB, EVERTECH ENVISAFE ECOLOGY CO., LTD., Freudenberg Group (Filc, d.o.o.), helsa GmbH & Co. KG, Hollingsworth & Vose, Kuraray Co., Ltd. (Calgon Carbon Corporation), Kemper, MANN+HUMMEL International GmbH & Co. KG, Nonwovenn Ltd, Fibertex Nonwovens A/S, SUNREE INDUSTRIAL CO., LTD, UES (Ueda Environmental Solutions) Co., Ltd., and Lydall, Inc among others.

Recent Developments in the Activated Carbon-based Nonwoven Fabric Market:

  • In January 2023, Governor Glenn Youngkin revealed that Hollingsworth & Vose (H&V) will invest $40.2 million in Floyd County to expand its operations. To satisfy rising demand, the firm will build approximately 28,000 square feet to its site at 365 Christiansburg Pike Northeast in order to fit additional production equipment.
  • In August 2022, to minimize carbon emissions and landfill trash, Ahlstrom-Munksjö is making investments in new technologies and converting current boilers at its Mosinee and Rhinelander factories in Wisconsin, USA. These enhancements at the Mosinee manufacturing plant will allow for a 20% decrease in carbon footprint and a 10% reduction in landfill trash. The project is scheduled to be finished by the close of the second quarter of 2023.
  • In November 2021, Hollingsworth & Vose (H&V) has agreed to sell and distribute H&V Trupor®, a revolutionary microporous filter media solution, through I.W. Tremont. Using a unique microporous filtering medium, H&V Trupor® achieves among the best flow rates and membrane reliability.
Activated Carbon-based Nonwoven Textiles Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Activated Carbon-based Nonwoven Textiles Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of the Activated Carbon-based Nonwoven Textiles Market in terms of value (USD Million) and volume (kilotons).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Activated Carbon-based Nonwoven Textiles Industry.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • Analytical depiction of the Activated Carbon-based Nonwoven Textiles Market along with the current trends and future estimations to depict imminent investment pockets. The overall Activated Carbon-based Nonwoven Textiles industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, pricing analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, Case Studies, and PESTLE analysis of the Activated Carbon-based Nonwoven Textiles Market are also analyzed.

Global Activated Carbon-based Nonwoven Fabric Market Segmentation

By Material Type

  • Synthetic
  • Natural

By Application

  • Water Filtration
  • Air/Gas Filtration
    • Face Masks
    • Cabin Air Filtration
    • HVAC Filters
    • Air Compressor Filters
    • Air Purifier Filters
    • CBRN Filters
    • Others

By End-use Verticals

  • Manufacturing
  • Automotive
  • Medical & Healthcare
  • Water & Wastewater Treatment
  • Food & Beverages
  • Aerospace & Defense
  • Electronics
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

Key Players

 

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Carbon Monoxide Market
March, 2023

Carbon Monoxide Market to Reach US$ 4.3 bn by 2032, driven by Growing Application of Carbon Monoxide: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global carbon monoxide market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 4.3 bn by 2032.

A carbon-oxygen molecule having the chemical formula CO is known as carbon monoxide. It is a toxic gas that has no flavour, smell, or colour. Carbon in gaseous, solid, and liquid fuels is incompletely burned to create carbon monoxide. The main natural source of carbon monoxide is the burning of wood, coal, and other materials contained in the Earth’s crust. For instance, a forest fire or a volcanic explosion produce enormous volumes of carbon monoxide. The amount of oxygen present and the combustion temperature both affect how much carbon monoxide is created in these processes.

It is produced on an industrial scale for commercial use by gasifying coal and coke or by partially oxidizing hydrocarbon gases obtained from natural gas. On a small scale, carbon monoxide is created in a laboratory by heating calcium carbonate with zinc dust and formic acid. The majority of the carbon monoxide generated is utilized in the manufacturing facility for steel or chemical synthesis. It is a crucial chemical for industry. In the form of producer gas or water gas, it is frequently used as a fuel in industrial operations. The gas is a potent reducer as well. Hot iron oxides are reduced to metallic iron when carbon monoxide is applied to them, while the carbon monoxide itself is oxidized to carbon dioxide.

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Carbon Monoxide Market: Key Trends and Drivers

The primary driving force behind the usage of carbon monoxide in the various sectors for the synthesis of chemicals is that it is a necessary ingredient in the production of methanol. Methanol, the most basic type of alcohol, has a wide range of uses across several industries and sectors. It is a chemical that is present in many everyday home things including paint, plastic, vehicle components, and building materials. In addition to being a sustainable energy source, methanol may also be used to power boilers, cook stoves, fuel cells, ships, buses, and cars. Due to the rising demand for methanol, companies need CO, one of its primary components. During the anticipated time, these variables will help the market’s revenue to increase.

Carbon Monoxide Market: Restraints & Challenges

Carbon monoxide usage too frequently might be dangerous. Several medications and painkillers employ CO as a chemical building block and as an addition to prevent foods from spoiling, but if consumed in excess, it can cause blood poisoning. When carbon monoxide replaces the oxygen-carrying haemoglobin in the blood, acute discomfort in the stomach and brain, as well as breathlessness and nausea, may result. The patient would need to have an oxygen injection as soon as possible. In other cases, the poisoning may go unnoticed and eventually cause the patient’s death. In factories and other settings where the gas is used in any capacity, care must be taken when handling and using the chemical. Another factor that is anticipated to significantly impede revenue growth in the global carbon monoxide market during the projected period is the fact that it cannot be recognised by smell or fumes and is toxic.

Carbon Monoxide Market Report Findings

https://www.globalinsightservices.com/reports/carbon-monoxide-market/

The commercial grade segment is anticipated to hold a majority of the carbon monoxide market size throughout the study period.

Based on the type, the carbon monoxide market is bifurcated into commercial grade and electronic grade. Throughout the projected period, the commercial grade is sector is anticipated to have the biggest revenue share. This kind is frequently employed in industrial settings as a reducing agent for iron, steel, and other metals as well as a component in the production of a sizable number of organic & inorganic compounds. This is widely used as a preservative and acidifying ingredient in the beverage, cold storage, and packaging sectors. It is simple to create in big quantities, and it does not require any particular storage procedures. These crucial elements are anticipated to have a big role in this segment’s revenue growth.

The metal fabrication segment is anticipated to hold a majority of the Carbon Monoxide market size throughout the study period.

By application, the market is segmented into metal fabrication, chemicals, ore processing & extraction, pharma & biotechnology, and electronics. Metal fabrication segment generated the highest revenue in 2022. It is projected that the increasing demand for the product in applications for metal extraction, purification, and fabrication will fuel the expansion of this market. Significant income is anticipated to come from the chemical and ore processing and extraction divisions. The major use of the product is in the production of a number of organic and inorganic compounds, such as metal carbonyls, titanium dioxide, benzaldehyde, and others.

The Asia Pacific region is estimated to exhibit the highest growth rate during the carbon monoxide market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific dominated the carbon monoxide market and accounted for the largest revenue share in 2022 and is expected to be the most lucrative region during the forecast period. Given that high purity carbon monoxide is utilized as a semiconductor in a variety of electronic gadgets, rising demand for the fabrication of electronics in the area may result in a rise in the requirement for carbon monoxide. The region’s carbon monoxide market will experience revenue growth during the projected period due to the adoption of technologically improved production techniques and increased R&D activities. China and India are two of the world’s top markets for electronic manufacturing.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global carbon monoxide market include Linde plc (UK), Air Liquide S.A. (France), Broner Inc. (US), Praxair Technology, Inc. (US), Air Products and Chemicals, Inc. (US), Yingde Gases (China), Axcel Gases (India), ATCO Atmospheric And Speciality Gases Private Limited (India), Cosmo Engineering Co.,Ltd. (Japan), and Ningbo DSW International Co., Ltd. (China), among others.

Recent Developments in the Carbon Monoxide Market

  • In February 2021, A worldwide manufacturer of specialized chemicals and materials, Celenase Singapore, had announced the continuation of its long-term carbon monoxide supply agreement with Linde Gas Singapore.
  • In July 2020, In order to deliver hydrogen and carbon monoxide to the nearby industrial operations of Hunstman, Air Products announced that the steam methane reformer and cold box in Geismar are now operational.

Carbon Monoxide Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global carbon monoxide market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future carbon monoxide market potential from 2021 to 2031 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the carbon monoxide market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global carbon monoxide industry.

Global Carbon Monoxide Market Segmentation

By Type

  • Commercial Grade
  • Electronic Grade

By Application

  • Metal Fabrication
  • Chemicals
  • Ore Processing & Extraction
  • Pharma & Biotechnology
  • Electronics

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

Key Players

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Environmental Remediation Market
February, 2023

Environmental Remediation Market to Reach USD 215.0 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Environmental Remediation market is expected to grow rapidly over the next 10 years to reach a value of more than USD 215.0 billion by 2032.

Environmental remediation is the process of removing environmental contamination from a site. Contamination can come from a variety of sources, including leaking underground storage tanks, hazardous waste sites, and abandoned factories. Remediation can involve a variety of activities, including excavating and removing contaminated soil, treating contaminated groundwater, and demolishing contaminated buildings.

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Environmental Remediation Market: Key Trends and Drivers

There are several key drivers of the environmental remediation market. Firstly, there is an increasing awareness of the need to clean up the environment and protect human health. This has led to stricter regulation of environmental contamination, which has, in turn, increased the demand for environmental remediation services. Secondly, the increasing cost of environmental damage is another key driver of the market. As the cost of environmental damage continues to rise, businesses and individuals are increasingly looking to environmental remediation companies to clean up their sites. Finally, the advances in technology are also driving the market for environmental remediation.

Environmental Remediation Market: Restraints and Challenges

The key restraints and challenges in the environmental remediation market include the high cost of environmental remediation projects, the long duration of environmental remediation projects, and the stringent environmental regulations.

The high cost of environmental remediation projects is the major restraint to the growth of the environmental remediation market. The cost of environmental remediation projects depends on the type and extent of contamination, the type of remediation technology, and the geographical location of the project. The cost of environmental remediation projects can range from a few thousand dollars to billions of dollars.

The long duration of environmental remediation projects is another major restraint on the growth of the environmental remediation market. The duration of environmental remediation projects depends on the type and extent of contamination, the type of remediation technology, and the geographical location of the project. The duration of environmental remediation projects can range from a few months to several years.

The stringent environmental regulations are the other major restraint on the growth of the environmental remediation market. The environmental regulations vary from country to country and from region to region. The environmental regulations are also constantly changing, which makes it difficult for the companies to comply with the regulations.

Environmental Remediation Market Report Findings

https://www.globalinsightservices.com/reports/environmental-remediation-market/

The soil segment is anticipated to dominate the market during the forecast period

Based on environmental medium, it is segmented into soil, and groundwater. The soil segment is anticipated to dominate the market during the forecast period. Similarly, the groundwater segment is anticipated to witness the fastest growth during the forecast period.

The air sparging segment is anticipated to dominate the market during the forecast period

Based on technology, it is segmented into air sparging, soil washing, chemical treatment, bioremediation, and others. The air sparging segment is anticipated to dominate the market during the forecast period. Similarly, the soil washing segment is anticipated to witness the fastest growth during the forecast period.

The mining & forestry segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into mining & forestry, oil & gas, agriculture, automotive, and others. The mining & forestry segment is anticipated to dominate the market during the forecast period. Similarly, oil & gas segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Clean Harbors, Inc, AECOM Technology, DEME NV, Golder Associates Corporation, Jacobs Engineering Group, Brisea Group, Entact, LLC, Terra Systems, Engineering and Maintenance Solutions and HDR Inc. among others.

Environmental Remediation Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Environmental Remediation market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Environmental Remediation market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Environmental Remediation market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Environmental Remediation industry.

Global Environmental Remediation Market Segmental Overview

By Environmental Medium

  • Soil
  • Groundwater

By Technology

  • Air Sparging
  • Soil Washing
  • Chemical Treatment
  • Bioremediation
  • Others

By Application

  • Mining & Forestry
  • Oil & Gas
  • Agriculture
  • Automotive
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Ascorbic Acid Market
January, 2023

Ascorbic Acid Market to Reach USD 2.3 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Ascorbic Acid market is expected to grow rapidly over the next 10 years to reach a value of more than USD 2.3 billion by 2032.

A water-soluble vitamin called ascorbic acid is beneficial for those with serious illnesses. The COVID-19 pandemic had a favorable effect on market growth because people needed more vitamin C to boost their immunity. Additionally, ascorbic acid was used to treat COVID-19 patients who had only minor symptoms. Additionally, people were more likely to take vitamin C supplements to maintain their health and strengthen their defenses against the infection.

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Ascorbic Acid Market: Key Trends and Drivers

In the following years, market growth is anticipated to be fueled by the increased demand for ascorbic acid in a number of industries, including baking, beverages, food processing, dietary supplements, and meat. Another important element boosting market expansion is the rise in cases of age-related macular degeneration and cataracts, as well as cancer, cardiovascular disease, the common cold, and cancer that can be protected by ascorbic acid absorption. In addition to the increased incidence of chronic diseases, the government’s expanding efforts to spread the word about ascorbic acid’s advantages will also present growth prospects for the ascorbic acid sector.

Ascorbic Acid Market: Restraints and Challenges

However, it is projected that erratic raw material availability and the ensuing price volatility will impede market expansion. Additionally, the widespread use of ascorbic acid as a preservative in the food and feed industry is anticipated to hinder market growth during the forecast period.

Ascorbic Acid Market Report Findings

https://www.globalinsightservices.com/reports/ascorbic-acid-market/

The food & beverages segment is anticipated to dominate the during the forecast period

Based on the application, it is segmented into food & beverages, pharmaceuticals, beauty & personal care, and animal feed. The food & beverages segment is anticipated to dominate the during the forecast period. Similarly, the pharmaceuticals segment is anticipated to witness the fastest growth during the forecast period.

The potassium ascorbate segment is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into potassium ascorbate, calcium ascorbate, magnesium ascorbate, and others. The potassium ascorbate segment is anticipated to dominate the market during the forecast period. Similarly, the calcium ascorbate segment is anticipated to witness the fastest growth during the forecast period.

The powder segment is anticipated to dominate the market during the forecast period

Based on the form, it is segmented into powder, and liquid. The powder segment is anticipated to dominate the market during the forecast period, Similarly, liquid segment is anticipated to dominate the market during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are BASF SE, Merck KGaA, Koninklijke DSM NV, Northeast Pharmaceutical Group Co. Ltd., Luwei Pharmaceutical Group Co. Ltd., Foodchem International Corporation, Honson Pharmatech Group, MC Biotec Inc., Freshine Chem, and CSPC Pharmaceutical Group among others.

Ascorbic Acid Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Ascorbic Acid market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Ascorbic Acid market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Ascorbic Acid market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Ascorbic Acid industry.

Global Ascorbic Acid Market Segmentation

By Type

  • Potassium Ascorbate
  • Calcium Ascorbate
  • Magnesium Ascorbate
  • Others

By Application

  • Food & Beverages
  • Pharmaceutical
  • Beauty & Personal Care
  • Animal Feed

By Form

  • Powder
  • Liquid

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Integrated Pest Management Market
January, 2023

Integrated Pest Management Market to Reach USD 36.5 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Integrated Pest Management market is expected to grow rapidly over the next 10 years to reach a value of more than USD 36.5 billion by 2032.

An ecosystem-based strategy known as integrated pest management (IPM) stresses long-term pest avoidance or damage reduction by employing a number of techniques, including biological control, habitat management, changing cultural practices, and the adoption of resistant cultivars. It promotes sturdy construction, thriving vegetation, and bio-based, ecologically friendly pest control methods.

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Integrated Pest Management Market: Key Trends and Drivers

The market for integrated pest management has grown dramatically as a result of growing environmental concern. In the next years, the market will be led by variables like IPM programmes, which are important approaches utilised to deal with weed, insect, and disease issues as well as prevent them from destroying crops, endangering animals, or infesting buildings.

Integrated Pest Management Market: Restraints and Challenges

Planning and expertise in a variety of sectors are necessary for the proper execution of integrated pest management (IPM). The global Integrated Pest Management (IPM) market’s revenue growth is largely being held back by a lack of awareness and a shortage of experienced personnel in developing nations.

Integrated Pest Management Market Report Findings

https://www.globalinsightservices.com/reports/integrated-pest-management-market/

The biological segment is anticipated to dominate the market during the forecast period

Based on control method, it is segmented into biological, chemical, pathogen & weed, and region. The biological segment is anticipated to dominate the market during the forecast period. Similarly, chemical segment is anticipated to witness the fastest growth during the forecast period.

The invertebrates segment is anticipated to dominate the market during the forecast period

Based on the pest, it is segmented into invertebrates, vertebrates, and others. The invertebrates segment is anticipated to dominate the market during the forecast period. Similarly, the vertebrates segment is anticipated to witness the fastest growth during the forecast period.

The agricultural segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into agricultural, residential, and industrial. The agricultural segment is anticipated to dominate the market during the forecast period. Similarly, residential segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are BASF SE, Advanced Integrated Pest Management, IPM Pest Control, SGS SA, MB Integrated Pest Control, Bayer CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest Management Solution (IPMS India) among others.

Integrated Pest Management Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Integrated Pest Management market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Integrated Pest Management market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Integrated Pest Management market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Integrated Pest Management industry.

Global Integrated Pest Management Market Segmentation

By Control Method

  • Biological
  • Chemical
  • Pathogen & Weed

By Pest

  • Invertebrates
  • Vertebrates
  • Others

By Application

  • Agricultural
  • Residential
  • Industrial

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

 

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Cross Laminated Timber Market
January, 2023

Cross Laminated Timber Market to Reach USD 3248.2 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global cross laminated timber market is expected to grow rapidly over the next 10 years to reach a value of more than USD 3248.2 million by 2032.

Cross laminated timber (CLT) is a type of engineered wood product that is composed of layers of lumber boards that are glued together. The boards are arranged in a cross-laminated configuration, with the grain of each layer running in a different direction. This results in a strong and stiff panel that is well-suited for use in construction. CLT is typically made from softwood lumber, but it can also be made from hardwoods. The lumber is first kiln-dried to remove moisture and then planed to a uniform thickness. The boards are then arranged in the desired configuration and glued together under pressure. Once the glue has cured, the CLT panel is ready for use. CLT has many advantages over traditional lumber products. It is strong and stiff, yet lightweight and easy to work with. It can be used for a variety of applications, including floors, walls, and roofs. CLT is also more environmentally friendly than traditional lumber products, as it is made from renewable resources and has a smaller carbon footprint.

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Cross Laminated Timber Market: Key Trends and Drivers

The key drivers of the Cross Laminated Timber market are its advantages over traditional construction materials, its sustainability, and its ability to be used in a variety of applications. Cross Laminated Timber (CLT) is a relatively new product that is made by bonding layers of lumber together with adhesives. It is strong and stiff, yet lightweight and easy to work with. CLT can be used for a variety of applications, including floors, walls, and roofs. It is also being used increasingly in tall buildings, as it can be used to create large, open spaces without the need for load-bearing walls. CLT has a number of advantages over traditional construction materials. It is more energy efficient to produce than concrete and steel, and it can be reused or recycled at the end of its life. CLT is also more sustainable, as it is made from a renewable resource – wood. The use of CLT is growing rapidly, as more architects and engineers are becoming aware of its benefits. The market for CLT is expected to continue to grow in the coming years, as more projects are completed using this innovative material.

Cross Laminated Timber Market: Restraints and Challenges

The key restraints and challenges in Cross Laminated Timber market are as follows:

1. Cross Laminated Timber is a relatively new technology and as such, there is a lack of awareness and understanding of its potential benefits among the construction industry.

2. Cross Laminated Timber is also more expensive than traditional construction materials such as concrete and steel. This may act as a deterrent for its adoption in the construction industry.

3. The manufacturing process of Cross Laminated Timber is complex and requires specialized equipment. This may limit its adoption in the construction industry.

4. Cross Laminated Timber is susceptible to fire and moisture damage. This may limit its use in certain applications.

Cross Laminated Timber Market Report Findings

https://www.globalinsightservices.com/reports/cross-laminated-timber-market/

The 3-Ply segment is anticipated to dominate the market during the forecast period

Based on panel type, it is segmented into 3-Ply, 5-Ply, 7-Ply, and Others. The 3-Ply segment is anticipated to dominate the market during the forecast period. Similarly, the 5-Ply segment is anticipated to grow at a fastest CAGR during the forecast period.

The structural application is anticipated to dominate the market during the forecast period

Based on application, it is segmented into structural application, and non-structural application. The structural application is anticipated to dominate the market during the forecast period. Similarly, non-structural application segment is anticipated to grow at a fastest pace during the forecast period.

The residential segment is anticipated to dominate the market during the forecast period

Based on the end use, it is segmented into residential, commercial, government/public buildings, and educational institutes. The residential segment is anticipated to dominate the market during the forecast period. Similarly, the commercial segment is anticipated to grow at a fastest pace during the forecast period.

The wall panels segment is anticipated to dominate the market during the forecast period

Based on the element type, it is segmented into wall panels, flooring panels, roofing slabs, and others. The wall panels segment is anticipated to dominate the market during the forecast period. Likewise, the flooring panels segment is anticipated to witness the fastest growth during the forecast period.

The adhesive bonded segment is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into adhesive bonded, and mechanically fastened. The adhesive bonded segment is anticipated to dominate the market during the forecast period. Similarly, the mechanically fastened segment is anticipated to witness the fastest growth during the forecast period.

The low-rise buildings (1-4 storeys) segment is anticipated to dominate the market during the forecast period

Based on the storey class, it is segmented into low-rise buildings (1-4 Storeys), mid-rise buildings (5-10 storeys), high rise buildings. The low-rise buildings (1-4 storeys) segment is anticipated to dominate the market during the forecast period. Similarly, high rise buildings segment is anticipated to witness the fastest growth during the forecast period.

The spruce segment is anticipated to dominate the market during the forecast period

Based on the raw material, it is segmented into spruce, pine, and others. The spruce segment is anticipated to dominate the market during the forecast period. Similarly, pine segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Stora Enso Oyj; Mayr-MelnhofHolz Holding AG; Binderholz GmbH; XLam; Sterling Company; SchilligerHolz AG; KLH Massivholz GmbH; B&K Structures; Eugen Decker &WebMan; Structurlam Mass Timber Corporation; SmartLam NA. MEIKEN LAMWOOD Corp., among others.

Cross Laminated Timber Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Cross Laminated Timber market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Cross Laminated Timber market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Cross Laminated Timber market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Cross Laminated Timber industry.

Global Cross Laminated Timber Market Segmentation

By Panel Type

  • 3-Ply
  • 5-Ply
  • 7-Ply
  • Others

By Application

  • Structural Applications
  • Non-structural Applications

By End Use

  • Residential
  • Commercial
  • Government/Public Buildings
  • Educational Institutes

By Element Type

  • Wall Panels
  • Flooring Panels
  • Roofing Slabs
  • Others

By Type

  • Adhesive Bonded
  • Mechanically Fastened

By Storey Class

  • Low-Rise Buildings (1-4 Storeys)
  • Mid-Rise Buildings (5-10 Storeys)
  • High-Rise Buildings

Raw Materials

  • Spruce
  • Pine
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Transparent Wood Market
January, 2023

Transparent Wood Market to Reach USD 208.1 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Transparent Wood market is expected to grow rapidly over the next 10 years to reach a value of more than USD 208.1 million by 2032.

Transparent wood composites are new types of wood materials that are more transparent than ordinary woods by over 90% and have superior mechanical qualities. Due to their innate biodegradable qualities, these materials are becoming commercially available and are thought to be advantageous. Transparent wood materials are more durable and lightweight than regular wood, making them an appealing option for use in energy-efficient construction.

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Transparent Wood Market: Key Trends and Drivers

Globally, people are becoming more aware of the building industry’s carbon footprints. According to a report by the World Green Building Council, construction-related activities and supplies are responsible for more than 11% of carbon emissions. As a result, using wood for construction is regarded as a method of storing carbon, opening up lucrative potential for suppliers of translucent wood.

Transparent Wood Market: Restraints and Challenges

However, the wood has the inherent drawback of being difficult to employ in long-term construction, which may limit the utilization of the product to some extent.

Transparent Wood Market Report Findings

https://www.globalinsightservices.com/reports/transparent-wood-market/

The construction segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into construction, furniture, solar cell, automotive windshields, packaging, flexible electronics, and others. The construction segment is anticipated to dominate the market during the forecast period. Likewise, the solar cell segment is likely to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Likewise, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Hoffmann Mineral GmbH, InventWood, Nomaco, Sayerlack, Abro, Cellutech AB, Holland Composites, Preserva Products LTD., Wash Safe, DEFY among others.

Transparent Wood Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global Transparent Wood market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future Transparent Wood market potential from 2022 to 2032 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Transparent Wood market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Transparent Wood industry.

Global Transparent Wood Market Segmentation

By Application

  • Construction
  • Furniture
  • Solar Cell
  • Automotive Windshields
  • Packaging
  • Flexible Electronics
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

Key Players

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Phosphonates Market
August, 2022

Global Phosphonates Market to Reach US$ 1.6 BN by 2031, driven by Increasing Adoption of Phosphonates in Water Treatment Sector and Rapid Growth of Textile Industry: Global Insight Services

New York, August 2022: According to a new research study by Global Insight Services (GIS), the phosphonates market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 1.6 billion by 2031.

Phosphonate is a nonvolatile organophosphorus compound that is poorly soluble in organic solvents but soluble in water and common alcohols. They are effective chelating agents for di- and trivalent metal ions. Additionally, they inhibit crystal growth and scale formation and are stable under harsh chemical conditions. They find application in various end-use sectors, including textiles, oil & gas, pulp & paper, agriculture, and water treatment. Phosphonate is used to cool water and desalination systems and in oil fields to inhibit scale formation. They inhibit crystal growth and scale formation and are very stable under harsh chemical conditions. Phosphonates are also used as peroxide bleach stabilizers.

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Global Phosphonates Market: Key Drivers

Increased population coupled with rapid urbanization has led to a shortage of potable water in both developed and developing economies, where phosphonates are widely used as corrosion inhibitors, antiscalants, chelants, sludge conditioners, deflocculants, dispersants, and crystal growth modifiers in the water treatment sector. This may act as one of the key drivers responsible for the growth of the phosphonates market. Additionally, factors such as the rise in the population of millennials, increase in fashion consciousness, and adoption of western culture among citizens of both developed and developing economies such as the U.S., China, and India have propelled the growth of the textile sector. Phosphonate plays a vital role in the textile industry, where it helps in the cleaning, finishing, and dyeing process. Furthermore, derivatives of phosphonates such as trisodium phosphate and trisodium phosphate crystalline (TSPC) are used as a source of alkalinity in the fiber-reactive dyeing process and brighten the synthetic yarn. Thus, due to above mentioned factors boosts the phosphonates market growth.

Global Phosphonates Market: Market Restraints and Challenges

Derivatives of phosphonates such as bisphosphonates are prescribed for osteoporosis-diagnosed patients; however, habitual consumption of bisphosphonate as medicine for prolonged periods may cause several health-related issues. For instance, prolonged use of phosphonates may cause joint pain, muscle pain, reduced bone density, and improper kidney function. Further, the toxic nature of phosphonate and the availability of various constituents are anticipated to hinder the growth of the global phosphonate market.

Global Phosphonates Market Report Findings

https://www.globalinsightservices.com/reports/phosphonates-market/

The HEDP segment is likely to hold the major share of the market in 2021

Based on type, it is segmented into ATMP, HEDP, DTPMP, BHMT, and others. The HEDP segment is expected to have the largest phosphonates market share in 2021. This is attributed to the fact that HEDP type phosphonates acts as an excellent scale inhibitor, corrosion inhibitor, and complex chelating in various industries such as in detergents industry, water treatment industry, oilfield, textile industry, and others. In addition, HEDP prevents the formation of insoluble sulfate and carbonate deposits, which makes it an ideal chemical for reducing hard coating on fabric. Due to multiple benefits, the HEDP segment is expected to receive the main market attraction resulting in market growth.

The chelating agents segment is likely to dominate the market during the forecast period

Based on application, it is segmented into water cleaner, scale inhibitors, bleach stabilizer, chelating agents, concrete additives, and others. The chelating agents segment is expected to dominate the market during the forecast period. In medicine, chelating agents are used to remove toxic metals from the body. They are also being studied in the treatment of cancer. Due to the abovementioned factors, the chelating agents segment are expected to dominate the market during the forecast period.

The pharmaceutical segment is likely to hold the major share of the market in 2021

Based on end user, it is segmented into water treatment, pharmaceutical, textile, oil and gas, pulp and paper, agriculture, and others. The pharmaceutical segment is expected to be the largest segment in the phosphonates market in 2021. This is attributed to the fact that phosphonates have proven its pharmacological utility as inhibitors of enzymes that metabolize phosphate and pyrophosphate substrates. They are widely used to treat bone resorption disorders, anticancer targets, and other therapeutic applications. Moreover, phosphonate nucleotides such as cidofovir, tenofovir, and adefovir are critical antiviral medications used for the treatment of HIV and hepatitis B. Thus, the pharmaceutical segment will likely hold a major market share in 2021.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific market is expected to hold the majority of the market share in 2021. China’s pulp & paper manufacturing sector, which has forced the phosphonates manufacturers to produce more efficient condensed phosphates used in paper coating and filling to promote the dispersion of kaolin clay, lithopone, titanium dioxide, and iron oxide during paper manufacturing. Furthermore, the textile sector in India is witnessing a significant growth, owing to increasing increase in fashion consciousness among people where phosphonates are used as stabilizers for peroxide bleaching and textile dyeing applications. This, in turn, boosts the demand for phosphonates in the Asia Pacific region.

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Competitive Landscape

The key players studied in the global phosphonates market are Acuro Organics Limited (India), APChem (US), Aquapharm Chemical Pvt. Ltd (India), Biesterfeld AG (Germany), Changzhou Kewei Fine Chemicals Co., Ltd. (KWCHEM) (China), Exago (India), Giovanni Bozzetto S.p.A. (Italy), LANXESS AG (Germany), Maxwell Additives Pvt. Ltd. (India), and Shandong Taihe Water Treatment Technologies Co., Ltd. (China).

Global Phosphonates Market: Recent Developments

  • August 2021, LANXESS completed the acquisition of Emerald Kalama Chemical. The U.S.-based company is a world-leading manufacturer of specialty chemicals. LANXESS signed a purchase agreement on February 14, 2021. All required regulatory approvals have been received. LANXESS financed the purchase price of around USD 1.04 billion from liquid funds.
  • July 2022, With the closing of the transaction which was announced in August 2021, LANXESS has become one of the world’s largest suppliers of microbial control products. The specialty chemicals company is significantly increasing its portfolio of antimicrobial active ingredients and formulations for material protection, preservatives and disinfectants and is strengthening its global presence, especially in the United States. LANXESS paid a preliminary purchase price of approximately USD 1.3 billion for the acquisition.

Global Phosphonates Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global phosphonates market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future global phosphonates market potential from 2021 to 2031 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global phosphonates market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global phosphonates industry.

Global Phosphonates Market Segmentation

By Type

  • ATMP
  • HEDP
  • DTPMP
  • BHMT
  • Others

By Application

  • Water Cleaner
  • Scale Inhibitors
  • Bleach Stabilizer
  • Chelating Agents
  • Concrete Additives
  • Others

By End User

  • Water Treatment
  • Pharmaceutical
  • Textile
  • Oil and Gas
  • Pulp and Paper
  • Agriculture
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Key Players

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