#Market Size and Forecast

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Revolutionizing the Road: Upcoming Trends in Europe Sustainable Tire Materials Market

The automotive industry is accelerating toward sustainability, with the European Sustainable Tire Materials Market at the forefront of this transition. As environmental concerns and stringent government regulations rise, the focus has shifted to eco-friendly alternatives that minimize carbon footprints while maintaining high performance. This article dives deep into the emerging trends, industry applications, and the competitive edge that sustainable tire materials bring to the table.

Market Overview: A Rapidly Growing Opportunity

The Europe Sustainable Tire Materials Market is poised for substantial growth. According to latest industry research, the market is projected to grow at a compound annual growth rate (CAGR) of 35.05% during 2023-2032, reaching a valuation of approximately $358.5 million by 2032 from $24.0 million in 2023. The surge in demand is driven by the adoption of green mobility solutions and the increasing awareness of environmental sustainability among manufacturers and consumers alike.

Key Trends Shaping the European Market

Rise of Bio-Based Materials:

Tire manufacturers are shifting toward renewable raw materials such as natural rubber, biomass-based fillers, and bio-resins.

Companies like Michelin and Continental are investing heavily in developing tires made from dandelion rubber and other bio-sourced components.

These materials not only reduce dependency on petroleum-based inputs but also cut greenhouse gas emissions during production.

Circular Economy Initiatives:

Recycling and repurposing end-of-life tires have become crucial.

Innovations include devulcanization processes and the use of recycled carbon black and pyrolysis oil in new tire production.

This aligns with European Union policies like the Circular Economy Action Plan, which mandates efficient use of resources and reduced waste.

Adoption of Smart Tires:

Smart tires, integrated with sensors and IoT technologies, are gaining traction.

By combining sustainability with advanced functionality, these tires provide real-time data on wear, pressure, and performance, reducing premature disposal.

Demand from EV Manufacturers:

The electric vehicle (EV) boom has fueled demand for specialized tires that cater to EV-specific needs like lower rolling resistance and durability.

Sustainable materials are being incorporated to ensure that EV tires align with the overall green mobility ethos.

Legislation Driving Sustainability:

Governments across Europe are imposing stricter regulations on carbon emissions and resource efficiency.

These policies are compelling tire manufacturers to innovate and adopt eco-friendly materials.

Request for a sample research report on the Europe Sustainable Tire Materials Market

Key Market Segmentation

Segmentation 1: by Type of Material

Natural Rubber

Recycled Rubber

Sustainable Carbon Black

Silica

Plasticizers

Segmentation 2: by Propulsion Type

Internal Combustion Engine Vehicles

Electric Vehicles

Segmentation 3: by Vehicle Type

Passenger Vehicles

Commercial Vehicles

Electric Vehicles

Segmentation 4: by Country

Germany

France

Italy

Spain

Rest-of-Europe

How Industries Are Leveraging the Trend

Automotive OEMs:

Leading car manufacturers are collaborating with tire companies to develop sustainable tires that enhance vehicle efficiency. Partnerships like those between Bridgestone and EV makers demonstrate the alignment of goals for a greener future.

Logistics and Fleet Management:

Sustainable tires offer reduced rolling resistance, translating to lower fuel consumption and costs.

Companies like DHL are integrating eco-friendly tires into their fleets to meet sustainability targets.

Retail and Distribution Chains:

Tire retailers are capitalizing on the growing consumer demand for green products. Marketing campaigns emphasizing sustainability help these businesses attract eco-conscious customers.

Smart Mobility Solutions:

Firms integrating IoT and AI technologies with sustainable tires are tapping into the dual appeal of innovation and environmental responsibility.

Get more insights on the automotive market research reports.

Competitive Landscape

Major players in the European sustainable tire materials market include:

Michelin: Leading the way with initiatives like tires made from recycled and renewable materials.

Pirelli: Focused on reducing environmental impacts through cutting-edge technologies.

Goodyear: Developing sustainable materials and lightweight tires.

Continental: Pioneering the use of dandelion rubber and recycled PET bottles in production.

These companies are setting benchmarks in innovation, giving them a competitive edge while reshaping the industry.

Future Outlook: A Greener Road Ahead

The European sustainable tire materials market is expected to witness unprecedented growth as industries continue to innovate and adapt to stringent environmental standards. Key drivers include:

Increasing investments in R&D for bio-based materials.

Expanding EV markets demanding specialized, sustainable solutions.

Consumer preference for eco-friendly products and corporate social responsibility initiatives.

Predictions suggest that by 2032, a significant portion of tires in Europe will be composed entirely of renewable or recycled materials, setting a global precedent for sustainable practices.

Conclusion

As Europe's Sustainable Tire Materials Industry accelerates, it is redefining the way industries approach environmental challenges. By embracing bio-based materials, circular economy principles, and advanced technologies, companies are not just keeping pace with trends but also setting new standards in competition. This transformation is more than a response to regulations; it is a commitment to a greener future.

The time to invest in sustainable tire materials is now – and the journey toward revolutionizing mobility has only just begun!

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Acetic Acid Market - Forecast(2024 - 2030)

Acetic Acid Market Overview

Acetic Acid Market Size is forecast to reach $14978.6 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Acetic acid, also known as ethanoic acid, is a colorless organic liquid with a pungent odor. The functional group of acetic acid is methyl and it is the second simplest carboxylic acid. It is utilized as a chemical reagent in the production of many chemical compounds. The major use of acetic acid is in the manufacturing of vinyl acetate monomer, acetic anhydride, easter and vinegar. It is a significant industrial chemical and chemical reagent used in the production of photographic film, fabrics and synthetic fibers. According to the Ministry of Industry and Information Technology, from January to September 2021, the combined operating revenue of 12,557 major Chinese garment companies was US$163.9 billion, showing a 9% increase. Thus, the growth of the textile industry is propelling the market growth for Acetic Acid.

Report Coverage

The “Acetic Acid Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Acetic Acid industry.

By Form: Liquid and Solid.

By Grade: Food grade, Industrial grade, pharmaceutical grade and Others.

By Application: Vinyl Acetate Monomer, Purified Terephthalic Acid, Ethyl Acetate, Acetic Anhydride, Cellulose Acetate, Acetic Esters, Dyes, Vinegar, Photochemical and Others 

By End-use Industry: Textile, Medical and Pharmaceutical, Oil and Gas, Food and Beverages, Agriculture, Household Cleaning Products, Plastics, Paints & Coating and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).

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Key Takeaways

The notable use of Acetic Acid in the food and beverages segment is expected to provide a significant growth opportunity to increase the Acetic Acid Market size in the coming years. As per the US Food and Agriculture Organization, world meat production reached 337 million tonnes in 2019, up by 44% from 2000.

The notable demand for vinyl acetate monomer in a range of industries such as textile finishes, plastics, paints and adhesives is driving the growth of the Acetic Acid Market. 

Increase in demand for vinegar in the food industry is expected to provide substantial growth opportunities for the industry players in the near future in the Acetic Acid industry.

Acetic Acid Market Segment Analysis – by Application

The vinyl acetate monomer segment held a massive 44% share of the Acetic Acid Market share in 2021. Acetic acid is an important carboxylic acid and is utilized in the preparation of metal acetates and printing processes, industrially. For industrial purposes, acetic acid is manufactured by air oxidation of acetaldehyde with the oxidation of ethanol, butane and butene. Acetic acid is extensively used to produce vinyl acetate which is further used in formulating polyvinyl acetate. Polyvinyl acetate is employed in the manufacturing of plastics, paints, textile finishes and adhesives. Thus, several benefits associated with the use of vinyl acetate monomer is boosting the growth and is expected to account for a significant share of the Acetic Acid Market.

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Acetic Acid Market Segment Analysis – by End-use Industry

The food and beverages segment is expected to grow at the fastest CAGR of 7.5% during the forecast period in the Acetic Acid Market. Acetic Acid is also known as ethanoic acid and is most extensively used in the production of vinyl acetate monomer. Vinyl acetate is largely used in the production of cellulose acetate which is further used in several industrial usage such as textiles, photographic films, solvents for resins, paints and organic esters. PET bottles are manufactured using acetic acid and are further utilized as food containers and beverage bottles. In food processing plants, acetic acid is largely used as cleaning and disinfecting products. Acetic acid is extensively used in producing vinegar which is widely used as a food additive in condiments and the pickling of vegetables. According to National Restaurant Association, the foodservice industry is forecasted to reach US$898 billion by 2022. Thus, the advances in the food and beverages industry are boosting the growth of the Acetic Acid Market. 

Acetic Acid Market Segment Analysis – by Geography

Asia-Pacific held a massive 41% share of the Acetic Acid Market in 2021. This growth is mainly attributed to the presence of numerous end-use industries such as textile, food and beverages, agriculture, household cleaning products, plastics and paints & coatings. Growth in urbanization and an increase in disposable income in this region have further boosted the industrial growth in this region. Acetic acid is extensively used in the production of metal acetates, vinyl acetate and vinegar which are further utilized in several end-use industries. Also, Asia-Pacific is one of the major regions in the domain of plastic production which provides substantial growth opportunities for the companies in the region. According to Plastic Europe, China accounted for 32% of the world's plastic production. Thus, the significant growth in several end-use industries in this region is also boosting the growth of the Acetic Acid Market.

Acetic Acid Market Drivers 

Growth in the textile industry:

Acetic Acid, also known as ethanoic acid, is widely used in the production of metal acetate and vinyl acetate which are further used in the production of chemical reagents in textiles, photographic films, paints and volatile organic esters. In the textile industry, acetic acid is widely used in textile printing and dyes. According to China’s Ministry of Industry and Information Technology, in 2020, textile and garment exports from China increased by 9.6% to US$291.22 billion. Also, according to the U.S. Department of Commerce, from January to September 2021, apparel exports increased by 28.94% to US$4.385 billion, while textile mill products rose by 17.31% to US$12.365 billion. Vinyl acetate monomer is utilized in the textile industry to produce synthetic fibers. Thus, the global growth in demand for textiles is propelling the growth and is expected to account for a significant share of the Acetic Acid Market size.

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Surge in use of vinegar in the food industry:

The rapid surge in population along with the adoption of a healthy and sustainable diet has resulted in an increase in demand for food items, thereby increasing the global production level of food items. As per US Food and Agriculture Organization, in 2019, global fruit production went up to 883 million tonnes, showing an increase of 54% from 2000, while global vegetable production was 1128 million tonnes, showing an increase of 65%. Furthermore, world meat production reached 337 million tonnes in 2019, showing an increase of 44% from 2000. Acetic acid is majorly used in the preparation of vinegar which is further widely utilized as a food ingredient and in personal care products. Vinegar is used in pickling liquids, marinades and salad dressings. It also helps to reduce salmonella contamination in meat and poultry products. Furthermore, acetic acid and its sodium salts are used as a food preservative. Thus, the surge in the use of vinegar in the food industry is boosting the growth of the Acetic Acid Market.

Acetic Acid Market Challenge

Adverse impact of acetic acid on human health:

Acetic Acid is considered a strong irritant to the eye, skin and mucous membrane. Prolong exposure to and inhalation of acetic acid may cause irritation to the nose, eyes and throat and can also damage the lungs. The workers who are exposed to acetic acid for more than two or three years have witnessed upper respiratory tract irritation, conjunctival irritation and hyperkeratotic dermatitis. The Occupational Safety and Health Administration (OSHA) reveals that the standard exposure to airborne acetic acid is eight hours. Furthermore, a common product of acetic acid i.e., vinegar can cause gastrointestinal tract inflammatory conditions such as indigestion on excess consumption. Thus, the adverse impact of Acetic Acid may hamper the market growth. 

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Acetic Acid Industry Outlook

The top 10 companies in the Acetic Acid Market are:

Celanese Corporation

Eastman Chemical Company

LyondellBasell

British Petroleum

Helm AG

Pentoky Organy

Dow Chemicals

Indian Oil Corporation

Daicel Corporation

Jiangsu Sopo (Group) Co. Ltd.

Recent Developments

In March 2021, Celanese Corporation announced the investment to expand the production facility of vinyl portfolio for the company’s acetyl chain and derivatives in Europe and Asia.

In April 2020, Celanese Corporation delayed the construction of its new acetic acid plant and expansion of its methanol production by 18 months at the Clear Lake site in Texas.

In October 2019, BP and Chian’s Zhejiang Petroleum and Chemical Corporation signed MOU in order to create a joint venture to build a 1 million tonne per annum Acetic Acid plant in eastern China.

Key Market Players:

The Top 5 companies in the Acetic Acid Market are:

Celanese Corporation

Ineos Group Limited

Eastman Chemical Company

LyondellBasell Industries N.V.

Helm AG

For more Chemicals and Materials Market reports, please click here

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Treadmill Market Outlook | Forecast 2024-2034

The Treadmill market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Treadmill Market accompanied by their impact on the demand over the forecast period. Additionally, the report includes the study of prospects available in the market on a global level. With tables and figures helping evaluate the Global Treadmill market, this research offers key statistics on the state of the industry and is a beneficial source of guidance and direction for companies and entities interested in the market. This report comes along with an additional Excel data-sheet suite taking quantitative data from all numeric forecasts offered in the study.

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Key players offered in the market: BH Fitness Cybex Dyaco ICON Health &Fitness Impulse Johnson Health Life Fitness Nautilus Precor Shuhua Sole Star Trac Strength Master

Additionally, it takes account of the prominent players of the Treadmill market with insights including market share, product specifications, key strategies, contact details, and company profiles. Similarly, the report involves the market computed CAGR of the market created on previous records regarding the market and existing market trends accompanied by future developments. It also divulges the future impact of enforcing regulations and policies on the expansion of the Treadmill Market.

Scope and Segmentation of the Treadmill Market

The estimates for all segments including type and application/end-user have been provided on a regional basis for the forecast period from 2024 to 2034. We have applied a mix of bottom-up and top-down methods for market estimation, analyzing the crucial regional markets, dynamics, and trends for numerous applications. Moreover, the fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market.

Treadmill Market Type Coverage: - Single Function Treadmill Multifunctional Treadmill

Treadmill Market Application Coverage: - Home Commercial

Regional Analysis:

North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Countries (Middle East, Africa, GCC)

Also, Get an updated forecast from 2024 to 2034.

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The comprehensive report provides:

Reasons to Purchase Treadmill Market Research Report

Covid-19 Impact Analysis: Our research analysts are highly focused on the Treadmill Market covid-19 impact analysis. A whole chapter is dedicated to the covid-19 outbreak so that our clients get whole and sole details about the market ups & downs. With the help of our report the clients will get vast statistics as to when and where should they invest in the industry.

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Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you.

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Sports Betting Market  2024-2032 Report Size, Share, Trends, Growth, Demand and Price

“ Sports Betting Market Research Report 2024” provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. The Sports Betting market research report serves as a cornerstone for the advancement of businesses, irrespective of their scale. Employing unparalleled and established methodologies like SWOT analysis and Porter’s Five Forces analysis, the report facilitates forecasting, analysis, and estimations. It encompasses competitive analysis of key market players, empowering businesses to make informed decisions to bolster their products and sales. Grounded in SWOT analysis, the market insights and analysis provided in the Sports Betting market survey report instill confidence in businesses.

Get Full PDF Sample Copy of Report (Including Full TOC, List of Tables & Figures, Chart) https://www.econmarketresearch.com/request-sample/EMR00547/

The global Sports Betting Market report by wide-ranging study of the Sports Betting industry which covers comprehensively all aspects of the different industry verticals. This includes its past performance analysis, latest market performance estimation for the current year based on the Drivers, Challenges & Trends.

Global Sports Betting Market Breakdown:

By Type:

Based on type, the global sports betting market is divided into fixed odds wagering, exchange betting, live/in-play betting, pari-mutuel, e-sports betting, and others. The fixed odds wagering category dominates the market with the largest revenue share in 2023. Bettor placement at predefined odds established by the bookmaker is known as fixed odds wagering. Regardless of future fluctuations in the odds, the possible payoff is known at the time the wager is made and cannot be altered.

By Applications:

Based on application, the global sports betting market is segmented into draw games, instant games, lotto, number games, and others. The draw games segment dominates the sports betting market. Participants in draw games choose numbers or combinations, and random drawings are used to determine the winners.  Instant games usually use scratch-off tickets or their digital equivalents to deliver outcomes instantly.  In order to be eligible to win rewards, players of lotto games usually have to choose a certain set of numbers.

Based on regions, Sports Betting Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America

Middle East and Africa (GCC Countries and Egypt)

North America (United States, Mexico, and Canada)

South America (Brazil, Argentina etc.)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

This Free report sample includes:

A brief introduction to the Sports Betting Market research report.

Graphical introduction of the regional analysis.

Top players in the Sports Betting Market with their revenue analysis.

Selected illustrations of Sports Betting Market insights and trends.

Example pages from the Sports Betting Market

Who are the key Top Competitors in the Global Sports Betting Market?

Following are list of players: 

888 Holdings Plc

Bet365

Betsson AB

Churchill Downs Incorporated

Entain plc

Flutter Entertainment Plc

IGT

Kindred Group Plc

Sportech Plc

William Hill Plc, and various others

Crucial Research:

During the first survey, we interviewed various key sources of supply and demand to obtain qualitative and quantitative information related to Sports Betting report. Key supply sources include key industry participants, subject matter specialists from key companies, and consultants from several major companies and organizations active in the Sports Betting market.

Minor Research:

The second study was conducted to obtain key information on the supply chain of the Sports Betting industry, the market’s currency chain, pools of major companies, and market segmentation, with the lowest level, geographical market, and technology-oriented perspectives. Secondary data was collected and analyzed to reach the total Global Sports Betting market size, which was verified by the first survey.

Competitive Landscape:

Mergers & Acquisitions, Agreements & Collaborations, New Product Developments & Launches, Business overview & Product Specification for each player listed in the study. Players profiled in Sports Betting market are 

Some Notable Report Offerings:

– We will provide you an analysis of the extent to which the global Sports Betting acquires commercial characteristics along with examples or instances of information that helps you to understand it better.

– We will also help to identify customary/ standard terms and conditions, as like offers, worthiness, warranty, and others for the Sports Betting industry.

– Also, this report will help you to identify any trends to forecast Sports Betting growth rates.

– The analysed report will forecast the general tendency for supply and demand in Sports Betting market.

For More Information or Qurey, Visit @ https://www.econmarketresearch.com/industry-report/sports-betting-market/

Key Highlights of Report

Overview of key market forces propelling and restraining market growth

Offers a clear understanding of the competitive landscape and key product segments

An analysis of strategies of major competitors

Detailed analyses of industry trends

A well-defined technological growth map with an impact-analysis

Provides profiles of major competitors of the market.

Details of their operations, product and services.

Recent developments and key financial metrics.

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Indonesia Smart Cities Market Outlook for Forecast Period (2023 to 2030)

Indonesia's Smart Cities are Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

The development of smart cities revolves around the utilization of cutting-edge technologies and data analytics to optimize urban systems. Key components include the implementation of the Internet of Things (IoT) infrastructure, which involves the deployment of connected devices and sensors to gather real-time data.

This data is then analyzed to provide valuable insights that inform decision-making by city officials. Smart mobility solutions play a vital role in improving transportation networks, easing traffic congestion, and promoting eco-friendly transit options. E-governance platforms are adopted to streamline administrative processes and facilitate seamless citizen-government interactions.

Sustainability initiatives are emphasized, including energy-efficient buildings, renewable energy integration, waste management, and environmental conservation. Moreover, citizen engagement is fostered through digital platforms, allowing residents to actively participate in shaping urban policies and providing feedback to authorities.

One of the notable examples of smart city development in Indonesia is the "Jakarta Smart City" initiative. As the capital and most populous city in the country, Jakarta faces numerous urban challenges such as traffic congestion, waste management, and environmental pollution. To tackle these issues, the Jakarta Smart City program leverages technology and data to improve various urban services. Real-time traffic data is collected through IoT sensors to optimize transportation routes and manage traffic flow efficiently.

Waste management is enhanced by implementing smart waste bins that alert authorities when they need to be emptied, reducing unnecessary waste collection trips. Moreover, the program employs digital platforms and mobile applications to engage citizens, allowing them to access information about city services, report issues, and participate in decision-making processes. These efforts have aimed to transform Jakarta into a more sustainable, efficient, and citizen-centric smart city.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

The latest research on the Indonesia Smart Cities market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indonesia Smart Cities industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indonesia Smart Cities market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Market Driver:

One of the key drivers propelling the growth of the Indonesia Smart Cities market is the government's strong commitment to urban development and digital transformation. Initiatives such as the 100 Smart Cities Movement and various smart city pilot projects across the archipelago are driving the integration of smart technologies. The government's emphasis on creating efficient and sustainable urban ecosystems through the adoption of smart solutions is encouraging both public and private sector investments. As a result, there is a growing demand for intelligent infrastructure, smart transportation systems, and data-driven governance to address the challenges of rapid urbanization.

Market Opportunity:

An exciting opportunity within the Indonesia Smart Cities market lies in the development of smart transportation systems. As urbanization accelerates, traffic congestion and transportation inefficiencies pose significant challenges. Implementing smart transportation solutions, including intelligent traffic management, integrated public transportation systems, and the adoption of electric vehicles, can greatly enhance urban mobility. The integration of these technologies not only addresses current challenges but also creates a foundation for sustainable and future-ready urban transportation. Entrepreneurs and businesses investing in smart transportation solutions stand to benefit from a burgeoning market with the potential to transform how people and goods move within cities.

Leading players involved in the Indonesia Smart Cities Market include:

PT Aplikanusa Lintasarta (Indonesia), PT Telkom (Telekomunikasi Indonesia Tbk) (Indonesia), PT XL Axiata Tbk (Indonesia), Siemens (Germany), Schneider Electric (France), Philips (Netherlands), Huawei Tech Investment (China), PT Waskita Karya (Indonesia), PT KAI Commuter Jabodetabek (Indonesia), PT Indosat Ooredoo (Indonesia), PT Link Net Tbk (First Media) (Indonesia), PT Surya Semesta Internusa (Indonesia), Ace Hardware Tbk (US), PT Sinar Mas Land (Indonesia), PT Cipta Kridatama (Indonesia), SICE (Spain), PT Cyberindo Aditama (CBN) (Indonesia), PT Sampoerna Telekomunikasi Indonesia (STI) (Indonesia), PT Pelayaran Tempuran Emas Tbk (TEMAS) (Indonesia), PT Bangun Cipta Kontraktor (BCK) (Indonesia), and Other Major Players. 

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Segmentation of Indonesia Smart Cities Market:

By Solution and Service      

Smart Mobility Management

Smart Public Safety

Smart Healthcare

Smart Building

Smart Utilities

Others

By Component         

Hardware

Software

Service

By Level        

Emerging Smart Cities

Developing Smart Cities

Mature Smart Cities

By End-user  

Government & Municipalities

Transportation & Logistics

Energy & Utilities

Healthcare

Education

Others

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Tourism Market: Trends, Growth, and Industry Players

Introduction

The global tourism market is a dynamic sector that continually evolves in response to changing consumer preferences, technological advancements, and global events. As we delve into the current landscape, it is crucial to explore the tourism market size, growth patterns, industry trends, and key players that shape the sector's trajectory.

Tourism Market Size and Growth

The tourism market has witnessed remarkable growth over the past decade. According to the latest data the global international tourist arrivals reached 1.5 billion in 2022, marking a 4% increase from the previous year. The tourism industry's robust growth is attributed to factors such as increased disposable income, improved connectivity, and a growing middle class in emerging economies.

The COVID-19 pandemic, however, significantly impacted the industry in 2020 and 2021. International tourist arrivals plummeted by 74% in 2020, representing the largest decline in the industry's history. As the world recovers from the pandemic, tourism is experiencing a resurgence. The UNWTO estimates that international tourist arrivals will surpass pre-pandemic levels by 2023, emphasizing the sector's resilience.

Tourism and Hospitality Industry Trends

The tourism and hospitality industry is undergoing transformative changes driven by technological advancements and shifting consumer behaviors. One notable trend is the rise of sustainable tourism. Travelers are increasingly prioritizing destinations and businesses that adopt eco-friendly practices. Hotels, airlines, and tour operators are responding by implementing sustainable initiatives to meet the demands of environmentally conscious travelers.

Another trend shaping the industry is the integration of technology. From mobile apps for seamless bookings to virtual reality experiences, technology is enhancing the overall travel experience. The use of artificial intelligence and big data analytics is also becoming prevalent, enabling businesses to personalize services, predict consumer preferences, and optimize operations.

Tourism Industry Players

The tourism market is comprised of a diverse range of players, including governments, international organizations, tour operators, airlines, hotels, and online travel agencies (OTAs). Notable industry players such as Airbnb, Expedia, and Booking. com have disrupted traditional hospitality models, offering travelers a wide array of accommodation options and personalized experiences.

Governments play a crucial role in shaping the tourism landscape through policies, infrastructure development, and destination marketing. Collaborations between public and private sectors are essential to foster sustainable growth and address challenges such as over-tourism and environmental impact.

Tourism Market Analysis

A comprehensive analysis of the tourism market involves assessing key factors such as market dynamics, competitive landscape, and regulatory environments. The Asia-Pacific region has emerged as a powerhouse in the tourism sector, with countries like China, India, and Japan experiencing substantial growth. In contrast, established destinations in Europe and North America continue to attract millions of tourists annually.

The post-pandemic recovery has prompted a shift in travel preferences, with a surge in demand for domestic and outdoor experiences. Travelers are seeking off-the-beaten-path destinations, contributing to the diversification of the tourism market.

Travel and Tourism Industry Outlook

Looking ahead, the outlook for the travel and tourism industry is optimistic. The industry is expected to rebound strongly, driven by pent-up demand, increased vaccination rates, and the easing of travel restrictions. The global tourism market is projected to reach $11.38 trillion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.

In conclusion, the tourism market is a vibrant and resilient sector that continues to adapt to changing circumstances. Understanding the market size, growth trends, industry players, and emerging dynamics is crucial for stakeholders navigating the evolving landscape. As the world reopens for travel, the industry's ability to innovate and embrace sustainable practices will play a pivotal role in shaping its future success.

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Rice Bran Derivatives Market: Innovations and Product Development

The global rice bran derivatives market size is expected to reach USD 10.1 billion by 2030, growing consumer preference for plant-based foods globally, and increasing demand for alternative proteins ingredients in various end-use industries, are the major factors driving the market growth.

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Consumers are becoming more aware of the health benefits of a balanced diet and are increasingly looking for functional foods that can support their health goals. Rice bran derivatives are rich in nutrients such as fiber, vitamins, and antioxidants, which are associated with a range of health benefits. For example, rice bran is high in dietary fiber, which can promote digestive health and help lower cholesterol levels. Additionally, rice bran is rich in vitamins B and E, which can help support immune function and protect against oxidative stress.

In addition, the rising demand for the animal feed industry globally is also encouraging the demand for rice bran derivatives. It is a by-product of the rice milling process and is used as a high-quality ingredient in animal feed due to its high protein content, which can help promote animal growth and health. Rice bran is also a good source of energy important for livestock production.

Also, the demand for gluten-free products is increasing due to the growing prevalence of celiac disease and gluten sensitivity. Rice bran derivatives are gluten-free and can be used as a substitute for wheat-based ingredients in many food products. For example, rice bran can be used to make gluten-free bread, pasta, and baked goods that have similar texture and flavor profiles as wheat-based products. This makes rice bran derivatives a popular ingredient in the gluten-free food market. Germany-based Beneo GmBH offers RemyLiVE shelf stable rice bran which helps in adding dietary fiber in gluten-free baked goods.

[redddy1608]

Non-stick Cookware Market Demand Analysis & Revenue Projections to 2032

According to Fortune Business Insights, a growing number of non-stick cookware manufacturers are introducing a range of matte-finished and brightly colored products to meet homeowners' kitchen styling preferences. Additionally, the rising popularity of non-stick cookware in households can be attributed to its superior ease of cleaning compared to traditional cookware. These trends are expected to fuel significant growth in the global non-stick cookware market in the years ahead.

Market Overview:

The global Non-Stick Cookware Market was valued at USD 7.97 billion in 2024 and is expected to reach USD 13.85 billion by 2032, growing at a CAGR of 7.45%. Asia Pacific led the market with a 31.74% share in 2024. In the U.S., the market is projected to hit USD 1.64 billion by 2032, driven by demand for convenient, easy-to-clean cookware and advanced coating technologies.

LIST OF KEY ORGANIZATIONS PROFILED IN THE REPORT

Groupe SEB (France)

TTK Prestige Ltd. (India)

Moneta Cookware (Italy)

Newell Brands (U.S.)

Bradshaw International, Inc. (U.S.)

Meyer International Holdings, Ltd. (U.S.)

StoveKraft (India)

Conair Corporation (U.S.)

The Cookware Company (U.S.)

Bundy Baking Solutions (U.S.)

Segments

Extreme Corrosion Resistance Properties to Help Teflon Coated Segment to Bolster Market Growth

In terms of material type, the market is segmented into Teflon coated, anodized aluminum coated, ceramic coated, enameled iron coated, and others. The Teflon/PTFE material segment is anticipated to hold a major market share due to its beneficial properties such as robustness, durability, and satisfactory usability.

Significant Non-stick Kitchenware Demand from Households May Foster Residential Segment Growth

In terms of end-use, the market is bifurcated into residential and commercial. The residential segment is predicted to dominate the market due to rising construction of residential infrastructural facilities and evolving kitchen decoration trends.

Wide Availability of Kitchenware Items to Fuel Supermarkets & Hypermarkets Segment Expansion

Based on distribution channel, the market is segmented into specialty stores, supermarkets & hypermarkets, online stores, and others. The supermarkets & hypermarkets segment might capture a sizeable industry share as these stores offer better accessibility to a variety of kitchenware items at one place.

Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The research report entails a detailed analysis of the market to understand and highlight critical aspects, such as material types, distribution channels, prominent companies, and end-uses of the product. In addition, the report offers actionable insights into the market trends and competitive landscape, highlighting noteworthy industry developments and the market forecast.

Drivers and Restraints:

Introduction of Innovatively Designed Non-stick Products to Accelerate Industry Expansion

Growing sales of innovatively designed cooking appliances is expected to spur the market progress. Nowadays, maids and chefs are becoming concerned about the scratching of non-stick pans while cooking food at higher temperatures. It has prompted manufacturers to launch innovative pots and pans to avoid scratching and help customers simplify their cooking & cleaning processes.

However, using damaged or Teflon-coated non-stick cookware has been linked with several health problems. These may range from fever and headache to more complicated ailments such as kidney cancer. These factors could limit the product adoption to some extent.

Regional Insights:

Rising Production of Hard Anodized Aluminum Coated Cookware to Boost Asia Pacific Market Progress

The Asia Pacific global non-stick cookware market share reached USD 2.36 billion in 2022. India, China, and South East Asia, are extensively using cookware & bakeware products. Establishment of expansive manufacturing plants to produce hard anodized aluminum coated cookery items in India, China, and Japan is anticipated to surge the product demand across Asia Pacific. For example, in 2022, the average monthly manufacturing capacity of SHANGHAI GUANHUA STAINLESS STEEL PRODUCTS CO., LTD., a Chinese producer of stainless steel cookery products, reached 700,000 to 800,000.

Read Full Report: https://www.fortunebusinessinsights.com/non-stick-cookware-market-105006

Competitive Landscape:

Leading Companies to Adopt Innovation and Production Capacity Expansion Strategies to Increase Market Presence

Leading organizations, such as Groupe SEB, TTK Prestige Ltd., and others, are producing and supplying non-stick cookware products that are equipped with innovative technologies to boost their brand image and customer satisfaction. These global brands are opening new production facilities to build their manufacturing base and reinforce their market position.

For instance, in November 2021, Wonderchef Home Appliances Pvt. Ltd., an Indian kitchen appliances supplier, teamed up with Sixth Sense Ventures to invest USD 20.15 million to strengthen the former’s online presence, distribution network, and manufacturing base for its 600 non-stick cookery items and appliances in India.

Key Industry Development:

February 2025- Groupe SEB posted €8.27 billion in sales for 2024, with a 5.0% like-for-like increase. Operating margin reached 9.7%, driven by international expansion and innovation in home appliances.

February 2025- Newell Brands reported $7.6 billion in net sales for 2024, reflecting a 6.8% drop. The company is undergoing a “Project Phoenix” transformation to optimize operations and stabilize margins.

June 2024- Bradshaw Home's brand, GoodCook, launched the PRO Bakeware collection exclusively at Walmart. The bakeware features a double-layered design for enhanced scratch resistance, catering to both novice and experienced bakers.

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Health-Conscious Consumers Fueling Corn Starch Market Growth

Global Corn Starch Market Overview: Size, Share, Trends, and Forecast to 2035

The Global Corn Starch market is anticipated to grow from US$ 20.34 billion in 2025 to approximately US$ 35.48 billion by 2035, reflecting a CAGR of 6.2% over the forecast period. This projected growth is largely fueled by corn starch’s wide-ranging applications in sectors such as food and beverages, pharmaceuticals, and textiles. Additionally, the increasing consumer focus on health and wellness has spurred demand for natural and clean-label ingredients, further boosting market expansion.

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The Corn Starch Market growth prospects remain robust due to a combination of technological advancements and increasing application diversity. Food and beverage remain the largest segment, with corn starch widely used for its thickening, stabilizing, and texturizing properties.

Beyond food, the pharmaceutical industry is tapping into corn starch as an excipient in tablet formulations. Meanwhile, the paper and textile industries use it for surface sizing and finishing processes. These sectors are expected to be key growth drivers in the coming years.

The shift toward bio-based and renewable resources is also creating opportunities for corn starch as a raw material in the production of bioplastics and biofuels. This adds another layer of Corn Starch Market potential, especially as governments worldwide push for more sustainable industrial practices.

Corn Starch Market Analysis by Application

A detailed Corn Starch Market analysis reveals its segmentation into native starch, modified starch, and sweeteners (such as high-fructose corn syrup). Each of these segments serves distinct purposes:

Native Starch: Primarily used in cooking and baking, providing texture and consistency to food products.

Modified Starch: Altered to improve shelf life, solubility, and stability, widely used in processed foods and industrial products.

Sweeteners: High-fructose corn syrup and other derivatives play a significant role in the beverage and confectionery industries.

Food and beverages dominate the market, but non-food applications are expanding steadily, especially in paper manufacturing and textile production.

Corn Starch Market Forecast: What Lies Ahead?

Looking ahead, the Corn Starch Market forecast suggests a CAGR of around X% between 2025 and 2035. Key drivers will include:

Rising demand for natural thickeners and binders.

Increasing use of biodegradable materials in packaging.

Innovation in starch modification techniques.

Government policies promoting sustainable alternatives to synthetic chemicals.

However, the market may face challenges related to raw material availability and competition from alternative starch sources like tapioca and potato starch.

Market Segments

By Type

Native Starch

Modified Starch

Sweeteners

By Form

Powder

Liquid

By Application

Food & Beverages

Animal Feed

Pharmaceuticals & Chemicals

Textile

Paper & Corrugates

Others

The Global Corn Starch Market is dominated by a few large companies

Archer Daniels Midland Company (ADM)

Cargill, Incorporated

Ingredion Incorporated

Tate & Lyle PLC

Roquette Frères S.A.

Tereos Syral S.A.S

Global Bio-chem Technology Group Company Limited

AGRANA Beteiligungs AG

Associated British Foods plc

Kent Corporation (Grain Processing Corporation)

Zhucheng Xingmao Corn Developing Co., Ltd.

COFCO Corporation

China National Starch & Chemical

Universal Starch-Chem Allied Ltd.

Gulshan Polyols Ltd.

Others

Key Takeaways:

The Corn Starch Market size is growing steadily, with robust demand from food and non-food sectors.

Corn Starch Market trends like clean labeling and bioplastics are reshaping industry dynamics.

The Corn Starch Market price remains sensitive to supply chain and crop yield factors.

Strong Corn Starch Market growth is expected, particularly in Asia-Pacific and sustainable industries.

A detailed Corn Starch Market analysis shows increasing segmentation and application diversity.

The Corn Starch Market forecast suggests sustained expansion through 2035 and beyond.

 Frequently Asked Questions:

What is the market size of Corn Starch Market in 2025?

What is the growth rate for the Corn Starch Market?

Which are the top companies operating within the market?

Which region dominates the Corn Starch Market?

Related Report:

CBD infused confectionery market

Food Container Market

Microalgae Market

Final Thoughts: Unlocking Corn Starch Market Potential

The Corn Starch Market potential lies in its adaptability, eco-friendliness, and expanding industrial applications. As consumers and manufacturers alike continue to prioritize sustainability and natural ingredients, corn starch stands to benefit immensely.

Companies investing in R&D, optimizing production processes, and tapping into emerging markets will be best positioned to capitalize on the evolving landscape. With strong fundamentals and rising global interest, the Corn Starch Market is poised for a promising future.

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WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep-rooted market studies and insightful analysis of different markets.

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Rice Milling Market Size, Demand Analysis, Price Trends, Global Industry Report 2024-2034

The Rice Milling market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Rice Milling Market accompanied by their impact on the demand over the forecast period. Additionally, the report includes the study of prospects available in the market on a global level. With tables and figures helping evaluate the Global Rice Milling market, this research offers key statistics on the state of the industry and is a beneficial source of guidance and direction for companies and entities interested in the market. This report comes along with an additional Excel data-sheet suite taking quantitative data from all numeric forecasts offered in the study.

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Key players offered in the market: Buhler Group G.G. Dandekar Machine Works Ltd. Satake Corporation Savco Sales Pvt Ltd. G.S International Fowler Westrup Mill Master Machinery Pvt Ltd. Perfect Equipments Patker Engineers

Additionally, it takes account of the prominent players of the Rice Milling market with insights including market share, product specifications, key strategies, contact details, and company profiles. Similarly, the report involves the market computed CAGR of the market created on previous records regarding the market and existing market trends accompanied by future developments. It also divulges the future impact of enforcing regulations and policies on the expansion of the Rice Milling Market.

Scope and Segmentation of the Rice Milling Market

The estimates for all segments including type and application/end-user have been provided on a regional basis for the forecast period from 2024 to 2034. We have applied a mix of bottom-up and top-down methods for market estimation, analyzing the crucial regional markets, dynamics, and trends for numerous applications. Moreover, the fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market.

Rice Milling Market Type Coverage: - Rice Whitening Machinery Pre Cleaner Machinery Paddy Separator Machinery Length Grader Machinery

Rice Milling Market Application Coverage: - Comercial Home Use

Regional Analysis:

North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Countries (Middle East, Africa, GCC)

Also, Get an updated forecast from 2024 to 2034.

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The comprehensive report provides:

Reasons to Purchase Rice Milling Market Research Report

Covid-19 Impact Analysis: Our research analysts are highly focused on the Rice Milling Market covid-19 impact analysis. A whole chapter is dedicated to the covid-19 outbreak so that our clients get whole and sole details about the market ups & downs. With the help of our report the clients will get vast statistics as to when and where should they invest in the industry.

About Us: Reports Intellect is your one-stop solution for everything related to market research and market intelligence. We understand the importance of market intelligence and its need in today's competitive world.

Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you.

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Crane Market Outlook for Forecast Period (2023 to 2030)

The Global Crane Market size is expected to grow from USD 36975 Million in 2022 to USD 60053.69 Million by 2030, at a CAGR of 6.25% during the forecast period (2023-2030).

The rise in infrastructure investment and growth in investments by the mining sector in construction equipment, across the world, are likely to drive the demand for cranes. The market for cranes has experienced low demand till last year, owing to factors, such as low prices of crude oil and commodities and consequent fall in demand from the construction sectors of countries in the Middle East, Africa, South America, and Russia, which depend on oil revenues. However, with the recent uptick in oil prices, the demand from oil-producing countries is expected to grow. Growing protectionism and the ensuing trade barriers, both tariff and non-tariff, are expected to significantly dent the demand for cranes, as the prices of raw materials are expected to increase. For instance, the United States has imposed tariffs on steel and aluminum imports, which may lead to an increase in the cost of manufacturing machinery in the United States.

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The latest research on the Crane market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Crane industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Crane market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Crane Market include:

Konecranes PLC., Cargotec OYJ, Manitowoc, Terex Corporation, Tadano Limited, Kobelco Cranes Co. Limited, Palfinger AG, Liebherr-International AG, Zoomlion Heavy Industry Science, and Technology Co. Limited, Favelle Favco Group and Others major players. 

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Segmentation of Crane Market:

By Type

Mobile Cranes

Fixed Cranes

Marine and Offshore Cranes

Other

By Operation

Hydraulic

Electric

Hybrid

By Application

Construction & Infrastructure

Mining and Excavation

Marine and Offshore

Industrial Applications

Other

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons for Acquiring this Report:

1. Strategic Decision-Making for Government Leaders and Politicians:

Gain insights into the global Crane Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.

2. Informed Decision-Making for Professionals and Product Developers:

Access a detailed breakdown of the Crane Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

3. Strategic Planning for Sales Managers and Market Stakeholders:

Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.

4. Comprehensive Understanding for Executives:

Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.

5. Competitive Intelligence:

Obtain a detailed analysis of competitors and their key tactics in the Crane Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

6. Accurate Business Forecasting:

Evaluate the accuracy of global Crane Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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