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Anti-seize Compounds Market Trends | Segmentation, Outlook, Industry Report to 2029

Increasing urbanization and rapid industrialization are creating massive opportunities for the construction industry, and significantly contributing to the rising demand for anti-seize compounds. According to the latest report by FMI, the global anti-seize compounds market is expected to reach a valuation of US$ 236 Million by 2029.

Substantial growth in the anti-seize compounds market is mainly backed by the growth of the automotive & transportation industry, which holds a prominent share in the consumption of anti-seize compounds, closely followed by the petrochemical sector.

“In most end-use industries, galling or seizing can increase maintenance time, resulting in longer shutdowns or closure. Increasing use of anti-seize compounds has enabled end users to reduce maintenance cost as well as time, and has simultaneously offered an efficient solution for improving gasket performance.”

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Anti-Seize Compounds Market Taxonomy

Grade

Silver Grade

Nickel Grade

Food Grade

Marine Grade

Copper Grade

Regular Grade

Nuclear Grade

Non-metallic Grade

Zinc/Aluminum Grade

Special Purpose Anti-seize Grade

Sales Channel

Offline

Online

Container Type

Cans

Cartridges

Drums

Other Containers

End Use

Automotive & Transportation

Construction Equipment

Aircraft

Mining Equipment

Food Processing Equipment

Marine

Power Generation

Oil Exploration Equipment

Steel Foundry

Petrochemicals

Textile Equipment

Others

Market Landscape is Fairly Fragmented

The global anti-seize lubricants market is fairly fragmented, owing to a number of players holding small shares in the market. The top ten established players account for more than one-third of the total supply. Manufacturers are focusing on strengthening their partnerships with end users and original equipment manufacturers (OEMs).

Established players provide services to end users, which is an added advantage and will help them build relations for long-term supply. Key players such as Anti-Seize Technology, Henkel AG & Company, KGaA, Permatex, Inc., DuPont, Bostik, SAF-T-LOK International Corporation, FUCHS, Calumet Specialty Products Partners, 3M Company, CSW Industrials, Inc., and others are also focusing on marking their direct presence in local markets.

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Ceiling Tiles Market Outlook, Current and Future Industry Landscape Analysis by 2031

According to the report, the market is expected to post impressive gains, expanding staggeringly at a CAGR exceeding 10% throughout the forecast period. Increasing construction and infrastructure development activities are spurring demand. ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global ceiling tiles market for the forecast period 2021-2031.

The market posed some lucrative gains in the historical forecast, surpassing US$ 26 billion in revenue as of 2018. Residential and commercial construction industries remain the primary application areas for ceiling tiles. Modern ceiling tiles are also equipped with features such as acoustic and thermal insulation, attributes which shall greatly enhance prospects for key manufacturers.

A major trend gripping the ceiling tiles landscape is the drive toward attaining sustainability in construction. The advent of green buildings is a notable development in this regard, with key players emphasizing attributes including sustainably sourced raw materials as well as using recycled substances to manufacture their products.  For instance, Celiume Tiles use 75% less raw material during the manufacturing process and produces 98% post-industrial recycled tiles.

“Mounting environmental concerns are prompting key construction companies to incorporate environmentally-friendly ceiling tiles, providing ample opportunities for manufacturers to expand their product lines,” remarks the FMI analyst.

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Ceiling Tiles Market Key Segments Covered

Material

Aluminum

Fiber Glass

PVC

Mineral Fiber/Gypsum

Wood

Steel

Application

Residential

Commercial

Hospitality

Industrial

Institutional

Installation

Surface Mount

Drop/Suspended

Form

Laminated

Fissured

Patterned

Plain

Textured

Coffered

Competitive Landscape

Prominent manufacturers are effectively deploying a slew of expansion strategies, ranging from customized product offerings to collaborations, mergers, and other capacity expansion initiatives. The market is highly competitive, given the presence of a wide range of regional and global level players.

In October 2020, CertainTeed launched its Unified Ceilings Solution, a newly realigned ceilings resource focused on the commercial architecture and design industry. The initiative unites the full ceiling and wall product portfolios of CertainTeed, Hunter Douglas, Ceiling & Wall Products, Norton Industries, and Decoustics under the umbrella of CertainTeed Architectural.

In March 2021, Rockfon LLC launched its loyalty program for suspended ceiling installers titled MyRockfon through which loyalty club members can earn rewards while purchasing Rockfon products, completing surveys, or sharing photos of their projects. This will provide the company with an opportunity to show that its products are for everyday projects across all sectors, including shops, offices, restaurants, and leisure facilities.

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Wood Pellets Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032

A recently published study by FMI expects the global demand for wood pellets market to increase at a CAGR of 11% during the forecast period between 2022 and 2032, reaching a total of US$ 26.15 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 8%.

Wood pellets form a clean, environmentally beneficial, sustainable, and renewable biomass. The increasing global demand for renewable energy is driving the demand for wood pellets to reduce the usage of fossil fuels that contribute to global warming. This is expected to contribute to the growth of the industry over the forecast period.

Consumers in developed regions such as Europe have greater environmental sentience, which continues to account for their increasing reliance on renewable sources. Bio-based energy sources are gathering impetus in developing countries for electricity generation. The reason is attributed to rising energy consumption and favorable government policies.

A significant reduction in the emission of greenhouse gasses is increasing the consumption of wood pellets in the industrial sector. Continued innovations in combustion technology are to be accredited for the impressive growth of the wood pellets market.

“The manufacturers are increasing the availability of self-cleaning systems in wood pellet boilers that require minimal user input. Even though these boilers are gaining popularity, they require frequent maintenance in order to have the highest working proficiency.” says an analyst at FMI.

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Market Competition

Key players in the wood pellets market are Enviva Partners LP, Pinnacle Renewable Energy Inc., Wood Pellet Energy (UK) LTD, Andritz AG, Energex, and Georgia Biomass, LLC.

Key Segments Profiled In The Wood Pellets Market Industry Survey

Wood Pellets Market by Feedstock:

Forest and Wood Waste Resources

Agricultural Residue and Waste

Food Waste

Virgin Lumber

Energy Crops

Wood Pellets Market by End Use Industry:

Residential/Commercial Heating

CHP/District Heating

Co-firing

Wood Pellets Market By Region:

North America

Latin America

Europe

Asia Pacific

Middle East and Africa

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global wood pellets market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of feedstock (Forest and Wood Waste Resources, Agricultural Residue and Waste, Food Waste, Virgin Lumber, Energy Crops), end-use industry (Residential/Commercial Heating, CHP/District Heating, Co-firing) & region.

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Potassium Chloride Market Outlook, Current and Future Industry Landscape Analysis by 2033

The global potassium chloride market is worth US$ 13.08 Billion as of now and is expected to reach US$ 18.10 Billion by the year 2033 at a CAGR of 3.3% between 2023 and 2033. Potassium chloride, also known as potassium salt or sylvite, comes across as a metal halide containing potassium and chlorine.

Apart from being odorless and colorless, it is easily soluble in water and does have a salt-like taste. The end-user applications include medicines, fertilizers, food processing, and likewise. The other area of application includes ‘de-icing’, which is safer for animals and plants.

Potassium chloride is the basic raw material used in the form of feedstock for several potassium compounds in soldering, welding, and casting. It’s another application is that of a coagulant in the treatment of drinking water for removing impurities.

It finds its presence as a softener in the textile industry as well. In the kitchens, it could be used as a substitute for salt. Plus, rising demand for fertilizers is expected to take the potassium chloride market by storm in the near future.

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Competitive Analysis

Chemtrade, in November 2021, did announce that it completed sales of its specialty chemical business with Vertellus for close to US$ 155 Million, wherein the former did sell its KCl (potassium chloride), caustic pellets, and vaccine adjuvants business to the latter.

Veolia Water Technology, in July 2020, did announce that the company would be expanding its Jordan potash fertilizer plant crystallization capacity. Veolia does supply processing facility for extracting premium potash fertilizer from brines of the Dead Sea.

Verkhnekamsk, in December 2020, finished with skip graft sinking at the Talitsky Mine construction site.

Key Companies Profiled

Nutrien Ltd.

The Mosiac Company

K+S KALI GmbH

Israel Chemicals Ltd

EuroChem

Uralkali

JSC Belaruskali

SQM S.A.

Intrepid Potash, Inc.

Arab Potash Company

What does the Report state?

The research study is based on grade (agricultural grade and chemical/industrial grade), by crop (oilseeds, cereals, sugar and fiber, and fruits & vegetables), and by application (de-icer, agriculture, water softeners, and industrial).

Being colorless (or occasionally white), potassium chloride proves to be an ideal choice for agriculture. This factor is expected to take the potassium chloride market by storm in the years to come.

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Polypropylene Yarn Market Global Industry Overview and Competitive Landscape till 2029

Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc. Polypropylene yarn is lightweight and cost-effective and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and it is dirt- and stain-resistant.

Polypropylene yarn also has many color variants and is reusable. The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Billion in 2022 and is projected to exhibit a CAGR of 5.6% over the forecast period. All these factors favor the use of polypropylene yarn in textile industries.

Moreover, the shifting of the focus of manufacturers in some developing regions towards the production of relatively cheap textiles in higher volumes is expected to pave the way for robust sales during the forecast period (2022-2029). However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt.

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Polypropylene Yarn Market by Category

By Product Type:

PP Multifilament

PP Monofilament

By Application:

Industrial Textiles

Home Textiles

Carpets

Sports Accessories and Ancillaries

Others

Sportswear

Active Wear

Thermal Underwear

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa

East Asia to Offer Lucrative Growth Opportunities

East Asia is anticipated to hold a prominent share in the global polypropylene yarn market, owing to the increasing textile industries in the region. Another key factor driving the growth of the polypropylene yarn market in East Asia is the focus of manufacturers on the customization of products as per specific applications.

Polypropylene yarn is also prominently used in the production of apparel such as sportswear, thermal wear, and active wear, which is further bolstering its sales in the region.

Global players such as SWM, Industrial Ponsa, Thrace Group, Bonar Yarns, Lankhorst Yarns, William Barnet & Son, LLC, and Daman Polythread Ltd. have invested strategically in the polypropylene yarn market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future.

Research & development, coupled with the expansion of production capacity and footprint, remains the key strategy of polypropylene yarn manufacturers to enhance productivity and capture new market opportunities.

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Calcium Acetate Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2029

Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture, and petroleum. The international calcium acetate market is poised for a modest boom at approximately 3% CAGR through the length of the projection length (2022-2029). Moreover, manufacturers have targeted assignment growth-orientated techniques for long-time period competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to power the global Calcium Acetate market

The position of calcium acetate in treating hypophosphatemia has emerged as an important pharmaceutical application. Patients tormented by kidney diseases are given oral prescriptions of calcium acetate at the same time as they are on dialysis. Calcium acetate significantly reduces the threat of stroke or coronary heart ailment with the aid of removing hazardous construct-up of phosphate in the human frame.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture the majority share through the forecast period. Higher-income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for a substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify Their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, and AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts toward broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand their foothold in emerging countries, they must opt for a capacity expansion strategy.

More about the Report

FMI’s study offers an in-depth market forecast and analysis of the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America, and North America).

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Magnesium Sulfate Market Outlook, Current and Future Industry Landscape Analysis by 2033

The magnesium sulfate market is anticipated to expand its roots at an average CAGR of 5.7% between 2023 and 2033. The market is anticipated to cross a market share of US$ 1.68 billion by 2033 while it is likely to be valued at US$ 1.0 billion in 2023.

The applications of magnesium sulfate in the food and beverage sector along with the increased focus on reduced plastic consumption are expected to gain momentum in the market.

Expanding pharmaceutical operations, and research-based activities are likely to contribute a positive share of the magnesium sulfate market. Furthermore, the higher agricultural applications to increase the sulfate and magnesium content in soil have pushed the demand for agriculture-grade magnesium chloride.

The application of heptahydrate magnesium sulfate as a cathartic agent. Alongside this, its increased usage as a brewing salt in beer-making procedures has increased the demand for magnesium sulfate.

Its medicinal benefits for pregnant women as it controls seizures along with its benefits against constipation increase the sales of pharma-grade magnesium sulfate.

One of the most important uses of magnesium sulfate is the formation of intravenous magnesium which is further used as a medication for eclampsia.

Drivers and Challenges have an Impact on Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-12415

Key Segments

By Product Type, the Market of Magnesium Sulfate is segmented as:

Heptahydrate

Monohydrate

Anhydrous

By Grade, the Market of Magnesium Sulfate is segmented as:

Industrial Grade

Food Grade

Agriculture Grade

Pharma Grade

By End User, the Market of Magnesium Sulfate is segmented as:

Chemicals

Pharmaceuticals & Personal Care

Pulp & Paper

Agriculture

Food & Feed Additives

Others

By Form, the Market of Magnesium Sulfate is segmented as:

Solid

Liquid

Competitive Landscape

The competitors are focusing on producing application-specific products while saturating them according to the grade. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are K+S Aktiengesellschaft, Giles Chemical, Laizhou City Laiyu Chemical Co. Ltd, Laizhou Guangcheng Chemical Co., Ltd, Mani Agro Chem Pvt. Ltd., PQ Corporation, ZIBO JINXING CHEMICAL CO., LTD., Mag Products India Private Limited, Weifang Huakang Magnesium Sulphate Co., Ltd., Rech Chemical Co., Ltd.

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Transportation Composites Market Size, Latest Trends, Regional Insights Dynamics By 2030

The transportation composites market’s compatibility with the broader objectives of the automotive industry, notably sustainability and weight reduction, will drive sustained adoption, according to a new report by Future Market Insights (FMI).

According to the study, consistent innovation and research into technologies that help meet legislated emission targets are becoming the elixir for manufacturers of transportation composites. Moreover, as customers become more environmentally conscious, reuse and recycling are gaining traction – a development that augurs well for transportation composite manufacturers.

In a bid to fulfill emissions targets and improve the sustainability of future automobiles, mass reduction of automobiles (lightweight) is increasingly emerging as a major challenge for automotive manufacturers. Lightweight vehicles help achieve improved fuel efficiency as well as offer better braking, acceleration, and handling.

As these trends propelling the current surge will sustain, transportation composite manufacturers are focusing on distinctive capabilities and continue to explore opportunities to better serve customers and make material progress.

“Over 100 models in the automotive industry currently leverage carbon fiber reinforced plastic (CRFP) for OEM components. The OEMs are banking on transportation composites to curb vehicle emissions, decrease vehicle weight, and thus, enhance fuel efficacy,” says an analyst at FMI.

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Transportation Composites Market – Competitive Intelligence

The global transportation composites market is moderately fragmented, with the presence of leading players exhibiting expertise in advanced manufacturing techniques. In a bid to sustain their revenue pool in the global marketplace over the long run, market players are focusing on conspicuous investments in innovation and diversification.

Key Segment

Material Type

Glass Fiber

Natural Fiber

Carbon Fiber Composite

Aramid Fiber

Resin

Thermoset

Thermoplastic

Application

Interior

Exterior

Underbody

Chassis

Powertrain

Engine Components

Want To Know More About Transportation Composites Market?

A new market research report published by Future Market Insights (FMI) on the global transportation composites market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030.

The report examines the transportation composites market through five different segments – material type, resin, application, vehicle type, and region. The transportation composites market report also provides an extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of transportation composites and product adoption across several end-use industries.

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Hydroxyapatite Market Insights, Deep Analysis of Key Vendor in the Industry by 2022-2032

The global hydroxyapatite market size is expected to grow from US$ 480.2 Million in 2022 to US$ 996.4 Million by 2032, exhibiting a CAGR of 7.6% throughout the forecast period (2022-2032). Rising demand from dental, orthopedic & surgical applications is key driving growth in the global hydroxyapatite market.

Over the years, there has been a sharp rise in demand for dental and orthopedic implants as a result of an aging global population and a surge in health problems, and this trend is likely to continue during the forecast period. Driven by this, sales of hydroxyapatite are slated to grow at a healthy pace over the next ten years.

Hydroxyapatite is primarily used in dental and orthopedic applications. Hydroxyapatite is a component of tooth enamel, cementum, and dentin. It aids in the remineralization of teeth and keeps teeth strong and healthy against enamel erosion and cavities.

Therefore, it is widely used in dental hygiene products and implants. Comparing hydroxyapatite to other calcium phosphates, it has been discovered that it is more structurally stable. As a result, it has been chosen by medical specialists as a preferred material for orthopedic implants.

“Growing demand for dental & orthopedic implants are expected to propel the sales of hydroxyapatite in the forecast period,” says an FMI analyst.

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Hydroxyapatite Market Segmentation

By Grade:

Medical Grade

Cosmetics Grade

Research Grade

By Application:

Dental

Orthopedic

Biochemical Research

Surgical

Bioceramic Coatings

Food

Medicine

Others

Who is Winning?

According to FMI analysis, FLUIDINOVA, SofSera Corporation, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., SigmaGraft, CAM Bioceramics, APS Materials, Inc., Zimmer Biomet, Bioceramics, Granulab (M) Sdn Bhd, Merz Biomaterials, Sangi Co., Ltd., and others are identified as the key manufacturers in the hydroxyapatite market.

These leading companies are continuously adopting strategies such as mergers, partnerships, agreements, collaborations, and the establishment of new manufacturing and distribution facilities to gain an upper hand in the global hydroxyapatite market.

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Stainless Steel Market Outlook, Current and Future Industry Landscape Analysis by 2032

As per the report published by FMI, the global stainless steel market is projected to have a moderate-paced CAGR of 5.5% during the forecast period. The current valuation of the market is US$ 119.80 billion in 2022. The market value of stainless steel is anticipated to reach a high of US$ 183.86 billion by the year 2032.

The stainless steel market is gaining rapid traction due to the flourishing demand for stainless steel in the manufacturing of kitchen products such as showpieces, cookware, and stoves owing to its benefits that include high ductility & toughness, resistance to corrosion, and low maintenance required that in turn fuel the market growth in the different industries.

According to the findings of Future Market Insights stainless steel seeks significant demand from the automotive industry again influences the market growth positively. Increasing automobile production in the regions such as the Middle East, the Asia Pacific, and Latin America has prominently escalated the demand for stainless steel in these regions.

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Competition Landscape in the Stainless Steel Market

The market players in the stainless steel industry focus primarily on their capacity expansion across various regions. the manufacturer has helped in the development of advanced techniques to enhance the properties of stainless steel which further extends profitable opportunities to the market players in the forecast period of 2022 to 2032.

The global stainless steel market can be considered oligopolistic due to the presence of a considerable number of players across the globe. The intensity of participation in the market is high owing to the excellent scope of demand. Tier-I companies are planning to venture into collaboration and acquisitions of accompanying businesses to further increase their market presence.

Acerinox S.A., Aperam Stainless, ArcelorMittal, Baosteel Group, Jindal Stainless, Nippon Steel Corporation, and Outokumpu are some key players in the stainless steel market.

Key Segments In The Stainless Steel Market

By Type:

Austenitic Stainless Steel

Ferritic Stainless Steel

Duplex Stainless Steel

Martensitic Stainless Steel

Precipitation Hardening Stainless Steel

By Form:

Flat Products

Long Products

Tubular Products

By End-Use:

Building & Construction

Industrial Machinery & Components

Automotive & Transportation

Home Appliances

Cookware & Cutlery

Medical & Surgical Tools

Others

“Socio-economic factors and drastic development of the construction & building and automotive industry is likely to curate lucrative growth opportunities for the stainless steel manufacturers and leverage the market growth during the forecast period”– Says an FMI Analyst

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Amines Market Research by Key players, Type and Application, Future Growth to 2033

The global amines market, valued at US$ 31.9 Billion in 2023, is expected to rise at a CAGR of 7.5% between 2023 and 2033. By 2033, the amines market is projected to generate US$ 65.8 billion.

Technical advancements in amine manufacturing have boosted its use in commercial and consumer applications, which is a major market driver. The use of amines in new industrial applications, such as water treatment, is anticipated to spread to other industrial sectors.

The chemical has many uses now as a result of ongoing research and development, which is another driver boosting the market. The market has excellent prospects for expansion as a result of the rising usage of new applications.

Competitive Landscape

The main tactics used by market participants to expand their market share by pooling resources and expertise are partnerships and collaborations. BASF, Clariant, Invista, Mitsubishi Gas Chemical Company, Celanese Corporation, Daicel Chemical Industries Ltd., Dow Chemicals, Ineos, Sinopec, and Taminco are a few of the major businesses highlighted in the study.

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Key Segments

Product Type:

Aromatic Amines

Fatty Amines

Specialty Amines

Aliphatic Amines

Amine Derivatives

QAC

End Use:

MDI

Pharmaceuticals

Agrochemicals

Paints, Coatings, Dyes & Inks

Plastic, Polymer & Rubber

Water Treatment

Cosmetics & Personal care Industrial & Home care

Others

Pharmaceutical Industry Luring Market Opportunities

The pharmaceutical industry’s growing need for amines to manufacture painkillers is predicted to present the amines market with tremendous growth potential. Growing numbers of elderly people and the prevalence of numerous chronic diseases are driving growing demand for healthcare services. As a result, the market for amines is expanding due to the expansion of the pharmaceutical industry.

It is anticipated that the growing personal care market, where amines are used to make cosmetics, toiletries, skincare, hair care, and fragrances, will present profitable business opportunities. The purchasing power of consumers for personal care and hygiene products is rising as a result of lifestyle changes.

Regional Outlook

The region that produces the most amines and consumes the most is Europe. Europe currently has the biggest market share as a result. However, the Asia-Pacific region is anticipated to have the highest development potential for the market due to the rising demand and significant investments made there by industry players.

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Industrial Adhesives Market Global Industry Overview and Competitive Landscape till 2032

The global industrial adhesives market is predicted to register a CAGR of 4.4% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 57,444 million in 2023 to US$ 85,786.4 million by 2033 end.

The industrial adhesives industry is being driven forward by the extensive application areas of the product. For instance, in the construction industry, the product is used for ceramic tile installation, floor tile and flooring installation, counter lamination, and carpet adhesives, among others.

The product further finds application in consumer products like decorative films, model and hobby supplies, and school and stationery products, among various other application areas. Surging demand for the product from construction, consumer adhesives, tapes, packaging, and transportation, among others, and the high growth of the aforementioned sectors, are expected to have a positive influence on the industry growth.

The ongoing investigation of industrial adhesives for their environmental impact is making waves in the market space. As a result, emphasis is being made on the acquisition of environmentally safe and superior quality adhesives. Due to the adverse effect of synthetic compounds and the limited raw materials (oil reserves), renewable and natural resources offer an attractive alternative for the development of industrial adhesives.

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Key Companies Profiled

3M

Sika AG

Dow Inc.

Henkel AG & Co. KGaA

H.B. Fuller Company

Arkema S.A.

Huntsman Corporation

Teraoka Seisakusho co., Ltd.

Pidilite Industries Limited

FORBO Holding

Covestro AG

Organik Kimya

Panacol-Elosol GmbH

Cargill Incorporated

Master Bond Inc.

Glue Dots International

ASTRAL ADHESIVES

Super Glue Corporation

YAMATO Co., Ltd

DELO Adhesives

Tonsan

Hongshu Adhesive Products Industrial Co., Ltd

GRECO (Great Eastern Resins Industrial Co., Ltd.)

Vulkaflex Industria

Chemlok

Stay up-to-date with Recent Market Developments as Observed by FMI

In December 2021, Meridian Adhesives Group shared that it has acquired American Sealants Inc., which is famous for its innovation in product assembly of adhesives and sealants. Such solutions have multitudinous applications in multiple markets and applications.

In July 2022, Arkema revealed the strategic acquisition of Permoseal, which is a leading player in adhesive solutions for DIY, woodworking, packaging, and construction. The latter offers a wide portfolio of technical and sustainable solutions for different industry sectors.

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Polymerization Initiators Market Trends | Segmentation, Outlook, Industry Report to 2032

The global polymerization initiators market is projected to reach a valuation of US$ 1.3 Billion in 2022, with sales growing at a 4.9% CAGR during the forecast period. Against this backdrop, the polymerization initiators market size will reach US$ 2.1 Billion by 2032.

Polymerization initiators are chemical substances that react with a monomer to form an intermediate which can link with many other monomers sequentially to form a polymeric compound. The substantial production volume of plastics all over the globe is fueling the demand for initiators.

Although peroxide is in high demand, sales of persulfate are expected to gain traction during the forecast period owing to its extensive usage in the manufacturing of polymers. The quantity and type of initiators are determined by the type of monomers and the applications in which they will be used.

These initiators are used in radical polymerization to control heat or light initiation. Polyethylene, polypropylene, and PVC are common plastics used in a variety of end-use industries. The growth in the initiators market will be aided by increasing demand for these plastics.

“Increasing usage of polymerization initiators in the healthcare sector for the formulation of drugs such as benzoyl peroxide, along with surging demand for plastics such as polyethylene, polypropylene, and PVC will augment the growth in the market,” says and FMI analyst.

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Competitive Landscape        

Key market participants of the polymerization initiators market elaborated in the report include Arkema, Nouryon, United Initiators, LANXESS, Adeka Corporation, Fujifilm Wako Pure Chemicals Corporation, Otsuka Chemical Co, Ltd, Chemorous, and others. Key market players are investing in mergers and acquisitions to expand their production strategies and improve sales.

Polymerization Initiators Market by Category

By Type:

Peroxide

Persulfate

Azo Compounds

Others

By Application:

Polyethylene

Polypropylene

PVC

Polystyrene

ABS

Others

More Insights into the Global Polymerization Initiators Market Report

In its latest report, FMI offers an unbiased analysis of the global polymerization initiators market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, growth, and scope, the market is segmented based on type, application & by region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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Neon Gas Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032

Global demand for the neon gas market is expected to increase at a 7% CAGR, reaching US$ 222.9 Million in 2022. Increasing applications in the semiconductors and lighting sectors will continue boosting the market, pushing the market size to US$ 439.1 Million by 2032.

The growing adoption of neon gas in lasers for various applications including healthcare, sensors, and defense is expected to propel the sales of neon gas over the forecast period. Neon gas is primarily used in the production of lasers along with other gasses.

The laser segment is expected to account for more than three-fourths of the neon gas produced globally. The growing usage of lasers in the production of various devices including sensors, lighting technologies, and defense equipment is expected to contribute to the growth of the market in the forthcoming years.

Ukraine is one of the largest suppliers of neon gas across the globe. The country is anticipated to cater to more than 70% of the global demand for neon gas with its abundant reserves. However, the ongoing invasion of Russia over Ukraine has affected to production and supply chain.

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Competitive Landscape

Air Products & Chemicals Inc., Air Liquide, The Linde Group, Axcel Gases, Mil-Spec Industries, Electronic Flurocarbons, LLC, Specialty Chemical Products Inc., Dakota Gasification Co., and Boc Gases Ireland Inc. are some of the leading players operating in the global neon gas market.

Key manufacturers are planning to expand their production capacities to fill the gap in the supply of neon gas owing to the Russian invasion.

Key Segments Covered in Neon Gas Industry Research

Supply Mode:

Cylinders

Bulk & Micro Bulk

Drum Tanks

On-Site

Application:

Lasers

Electronics

Lighting

Others

More Insights into the Neon Gas Market Report

In its latest report, FMI offers an unbiased analysis of the global neon gas market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on application (lasers, electronics, lighting, and others), supply mode (cylinders, bulk & micro bulk, drum tanks, and on-site), and regions.

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Lithium Mining Market- New Technological Development Projecting Massive Growth till 2032

As per a recent analysis by Future Market Insights (FMI), the global lithium mining market is projected to top US$ 3.4 Billion by 2032. Growing demand for lithium-ion batteries from end-use industries including automotive, packaging, and consumer electronics is expected to propel sales of lithium over the forecast period 2022-2032.

Lithium is widely being adopted in the manufacturing of batteries for electric vehicles, owing to advantages such as longer lifespan, improved fuel efficiency, and low discharge rates. Increasing sales of electric vehicles is anticipated to spur demand for lithium in the forthcoming years, which in turn will augment the growth of the global lithium mining market.

Moreover, the growing demand for glass and ceramics from the packaging industry is likely to create new opportunities for key players operating in the lithium mining market. Glass and ceramics are mostly used in the packaging of pharmaceuticals, food and beverages, and other items. Increasing applications of lithium in the glass and ceramics industry will continue boosting the growth prospects of the lithium mining market.

Competitive Landscape

Albemarle, Ganfeng Lithium, Livent, Nemaska Lithium, Orocobre Limited, Sichuan Tianqi Lithium Industries, SQM, and Lithium Americas Corp. are among the key market players identified by FMI. These players are projected to command 60-70% of the total lithium mining market share.

Leading players operating in the global lithium mining market are focusing on production facility expansion through mergers and acquisitions to gain a competitive edge in the market.

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Lithium Mining Market by Category

By Source:

Brine

Hard Rock

Others

By Type:

Lithium Carbonate

Lithium Hydroxide

By Application:

Battery

Ceramics and Glass

Lubricants & Grease

Polymer

Flux Powder

Refrigeration

Others

More Insights into the Lithium Mining Market Report

In its latest report, FMI offers an unbiased analysis of the global lithium mining market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2022-2032.

To understand the global market potential, its growth, and scope, the market is segmented based on source, applications and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East & Africa).

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Acrylic Acid Market Analysis, Segments, Leading Player, Application & Forecast to 2032

According to a recent study by Future Market Insights, the acrylic acid market is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%.

The rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period.

Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as automotive gaskets, hoses, and others.

In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic acid from the polymer industry during the forecast period. Additionally, the rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market.

Competitive Landscape

Players in the global acrylic acid market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.

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Key Companies Profiled

BASF SE

Dow Chemical

Lucite International

LG Chem

Mitsubishi Chemical Corporation

Cargill, Incorporated

Nippon Shokubai Co., Ltd.

SNP Inc.

The Lubrizol Corporation

Formosa Plastic Corporation

Arkema S.A.

Ashland

Kemira Oyi

Key Segments Covered In The Acrylic Acid Market Study

Acrylic Acid Market by Product:

Acrylate Esters

Glacial Acrylic Acid

Other Acrylic Acid Products

Acrylic Acid Market by End-Use Industry:

Acrylic Acid for Surfactants

Acrylic Acid for Organic Chemicals

Acrylic Acid for Adhesives & Sealants

Acrylic Acid for Textiles

Acrylic Acid for Water Treatment

Acrylic Acid for Personal Care Products

Acrylic Acid for Other End-Use Industries

Know More about What the Acrylic Acid Market Report Covers

Future Market Insights offers an unbiased analysis of the global Acrylic Acid Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Acrylic Acid Market, the market is segmented on the basis of product, and end-use industry across five major regions.

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Global Ethylbenzene Market Report 2032 - Market Size, Share, Price, Trend and Forecast

The global ethylbenzene market is expected to secure US$ 31 Billion while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 21.9 Billion in 2022. The growth of the market can be attributed to the extensive usage of ethylbenzene for the production of styrene.

The increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agriculture is expected to boost the growth of the global ethylbenzene market during the forecast period. From 2015 to 2021, the market for ethylbenzene grew at a CAGR of 2.6%, closing at a value of US$ 21.3 Billion.  As of 2022, the industry is likely to reach US$ 21.9 Billion.

On the contrary, the increasing concerns related to ethylbenzene hazards are expected to hinder market expansion in the coming time. In addition to it, stringent rules and regulations of various governments regarding the usage of ethylbenzene are other factors projected to hamper the industry growth in the forecast period.

Leading Companies Profiled in Ethylbenzene Market are

IHS Inc.,

International Finance Corporation,

3E Company,

CMO Software,

Enablon North America Corporation

Competitive Analysis

Eminent players in the global ethylbenzene market include IHS Inc., International Finance Corporation, 3E Company, CMO Software, and Enablon North America Corporation, among others. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market.

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Key Segments Covered in the Ethylbenzene Industry Survey

Ethylbenzene Market by Application:

Ethylbenzene for Gasoline

Ethylbenzene for Diethylbenzene

Ethylbenzene for Natural Gas

Ethylbenzene for Paint

Ethylbenzene for Asphalt and Naphtha

Ethylbenzene Market by End User Industry:

Ethylbenzene in Packaging

Ethylbenzene in Electronics

Ethylbenzene in Construction

Ethylbenzene in Automotive

Ethylbenzene in Agriculture

Ethylbenzene in others.

Ethylbenzene Market by Region:

North America Ethylbenzene Market

Europe DNA Ethylbenzene Market

Asia-Pacific DNA Ethylbenzene Market

Middle East & Africa Ethylbenzene Market

Latin America Ethylbenzene Market

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global ethylbenzene market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032. The study reveals essential insights on the basis of Application by End-user industry & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)