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 London-based market research and consulting firm, Future Market Insights (FMI), in its latest report titled “ Global  Bio-based Biodegradable Plastics Market  Analysis and Opportunity Assessment ”, states that the global bio-based biodegradable plastics market is expected to demonstrate a double-digit CAGR during forecast period. Global penetration of biodegradable and bio-based biodegradable plastics is currently significantly lower in comparison to traditional fossil fuel-based plastics. Of the 300 Mn metric tonnes of plastics consumed in 2013, biodegradable plastics accounted for 0.21% of the total consumption. The total consumption of bio-based biodegradable plastics was 591,000 metric tonnes in 2013, accounting for 0.1% share of the total global plastics consumption. Essien Jae, Lead Consultant at FMI said, “Consumption of bio-based biodegradable plastics is substantially low compared to fossil fuel-based plastics, but this is expected to grow rapidly over the next five years

 According to Future Market Insights (FMI), the adoption of next-gen firewall in the market is estimated to grow at a CAGR of 8.8% from 2022-2032. Sales in the market are expected to reach the valuation of ~US$ 3.3 Bn by the end of 2022. As per FMI, companies are building security directly into IoT devices before implementing the hardware into the system. Rise in data hacking activities and cyber-attacks is encouraging enterprises to focus towards detection of better security solutions. Hence, demand for next-gen firewall systems for securing information deployed on the cloud and for strengthening the security structure of company is increasing. Moreover, large organizations are taking initiatives to implement next-gen firewalls for their business applications which are deployed on cloud, and helping other small enterprises to understand the usage of next-gen firewall capabilities, and internet security threats. Key Takeaways: Next-Gen Firewall Market By type, the virtu

  During the forecast period, the  business intelligence market  is expected to grow at a CAGR of 7%. The business intelligence industry is expected to grow to $52.6 billion by 2032, up from $26.7 billion in 2022.  Various factors, such as a greater focus on digital transformation, higher investments in analytics, increasing need for data visualisation dashboards, increased cloud use, and increased data generation, are expected to drive up demand for business intelligence.  Cloud computing and big data analytics have gained popularity in recent years, according to the current business intelligence industry adoption trends. Cloud computing is seen as a potential platform for supplying BI applications as a storehouse for organised and unstructured data.  COVID-19 has made it even more important for all firms to put their data to work in order to make faster decisions.  A comprehensive business intelligence approach can help organisations define appropriate metrics to better endur

 According to a recent report conducted by FMI, the  Fiber Optic Connectivity Market  would reach US$ 7.0 billion by 2032, up from US$ 2.8 billion in 2022, with a CAGR of 9.6%. The demand for fiber optic technology in numerous industrial sectors, as well as submarines and aircraft, has an impact on market growth, according to this report.  Furthermore, the market is likely to grow during the forecast period because of the growing need for energy-efficient solutions in various sectors around the world. Furthermore, demand for fiber optic technology in various industrial sectors, as well as submarines and aircraft, influences the market growth.   Furthermore, the low cost of data transfer is expected to propel the fiber optic connectivity industry forward. Furthermore, technical improvements in the realm of communication technology are likely to open up a slew of new opportunities, boosting the fiber optic connectivity market’s growth over the forecast period. Another key aspect proj

  Hydrazine Hydrate Market  Snapshot According to the study, demand for hydrazine has witnessed a notable slump in 2020 owing to the ongoing covid-19 outbreak. Restrictions on manufacturing, automotive, and polyester industries, coupled with disruptions to raw material supply chains has limited growth of the industry for the short term. As per the report, innovations in polymerization and agriculture chemicals, and new, cost-effective production methods, will support the market in the long term. Despite the upwards trajectory of the hydrazine hydrate market between 2020 and 2030, environmental and health concerns associated with the carcinogenic and toxic nature of hydrazine hydrate, and the resultant strict regulations on handling, storage, and use of the material is expected to limit the growth of the sector. The study by FMI encompasses a wide-ranging overview of the market, with data on key dynamics of the hydrazine hydrate industry. Some of the prominent takeaways include:

 ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive study on the global  diketene market . According to the study, diketene demand is set to grow at nearly 5% in 2021, with growing focus on health & wellness creating substantial opportunities. The pharmaceutical industry has made prolific advances, interspersed with numerous technological innovations and breakthroughs in drug development. For instance, India is the leading global generic drug market, valued at over US 19.1 billion as of 2019. Thus, diketene manufacturers are increasing their presence across the Asian markets. In addition to surging demand from pharma and nutraceutical segment, diketene sales are likely to receive a fillip from the dyes & pigments segment. According to FMI’s analysis, the global pigments and dyes industry was valued at nearly US$ 35 million in 2020. The industry uses a slew of products as raw materials, however, growing consumer concerns has led the indust

 Increasing consumption of  fluoropolymer   in industrial processing & application is anticipated to create opportunities for growth of the market. According to a new study by Future Market Insights (FMI), over the assessment period between 2021 and 2031, the market will rise at a CAGR of 5.4%. A fluoropolymer is characterized by high resistance to acids, solvents, and bases. Polytetrafluoroethylene (PTFE) is the most well-known fluoropolymer. It is expected to constitute over half of fluoropolymer sold globally. Fluoropolymers are widely used in industrial processing industries for numerous applications such as heat exchanger coatings, pump impellers, tanks, autoclaves, reaction vessels, flue duct expansion joints, autoclaves, and among others. Geographically, East Asia is anticipated to dominate the market, accounting for more than one third of market value share. The Fluoropolymer market is estimated to reach a total market value of US$ 12,991.5 Mn by the end of 2031, growin

 The  membrane chemicals  industry thrived on the growing demand from municipal, power, and food & beverages sectors in the past years, while the pandemic outbreak changed the scenario temporarily earlier in 2020. While decline in demand impacted the industry, recovery of food & beverages, chemicals, and other sectors has been key to excel for manufacturers and suppliers since the last quarter of 2020. The latest revised edition of the ‘membrane chemicals’ market study published by the Future Market Insights (FMI) thoroughly analyze the global industry potential and growth scope. The report also provides detailed insights of new trends and demand-supply patterns across 20+ countries with special emphasis on the leading regions such as North America, Europe, and Asia Pacific during the forecast period of 2021 to 2031. Key Takeaways from Market Study The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031 High requirement i

 A comprehensive analysis on the  Polyimide Fibers market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. According to latest study by Future Market Insights (FMI), the demand for polyimide fibers will increase at 4.9% CAGR between 2021 and 2031. Increasing use of polyimide fibers in filter media, protective clothing, and insulation materials will drive sales in the market. Owing to its excellent heat resistance and flame retardant capacity, polyimide fibers application is expected to increase across diverse industries. Newly released data for polyimide fibers market analysis shows that global demand of overall protective clothing application is expect

 A comprehensive analysis on the  Polysulfide Resins market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. Global polysulfide resin market will witness growth at a steady pace on the back of rising demand from various industries, including automotive and transportation, industrial processing, building and construction, specialty chemicals, and others. As per Future Market Insights (FMI), the market is projected to top  US$ 229.76 Mn , reaching  62,008.8 Tons  during the forecast period between 2021 and 2031. Thiokols are anticipated to remain highly sought-after in terms of product backed by the growing adoption within building and construction and au

A comprehensive analysis on the  Renewable Naphtha market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. The global renewable naphtha market is slated to reach  US$ 422.0 Mn  in 2021, finds Future Market Insights (FMI) in a recent market analysis. Rising demand for eco-friendly alternatives for plastics in various end-use industries is projected to enable sales at an impressive  10.5% CAGR . Considering this, FMI has forecast the market valuation to top  US$ 1.15 Bn  in 2031. Renewable naphtha finds applications in plastic articles, décor products in residential and commercial spaces, packaging, and production of bioplastics and hydrogen gas. Shifting c

 A comprehensive analysis on the  Wind Power Coatings market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. The global wind power coatings market is estimated to expand a 11.3% CAGR  over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Increasing focus on alternate sources of energy has led to surge in wind turbine installation worldwide. This has in turn created conducive environment for sales of wind power coatings. The installation of wind turbines has risen in tandem with the demand for cleaner energy sources. Application of wind power coatings is the essential step within wind turbine manuf

  A comprehensive analysis on the   Emission Control Catalyst for Small Engines market   by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Product Type, Application, and End Use over the next 10-years. The global emission control catalyst for small engine market is anticipated to expand at a steady 4.4% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Expansion of construction and infrastructure industries will result in high sales of emission control catalysts for small engines over the forecast period. Manufacturers of catalytic converters for small engines are providing a wide solution range for various applications, which includes lawn mowers, trimmers, chain

 A comprehensive analysis on the  Emission Control Catalyst for Small Engines market  by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Product Type, Application, and End Use over the next 10-years. The global emission control catalyst for small engine market is anticipated to expand at a steady  4.4%  CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Expansion of construction and infrastructure industries will result in high sales of emission control catalysts for small engines over the forecast period. Manufacturers of catalytic converters for small engines are providing a wide solution range for various applications, which includes lawn mowers, trimmers, cha

  Molybdenum  is used in various sectors including industrial, aerospace, consumer, medical, energy, agricultural and transportation. Molybdenum is a silvery-white hard metal and possesses the sixth highest melting point of any metal and is commonly used in creating high strength alloys and super alloys. When molybdenum is added to steel and cast iron, it brings many desirable properties to them such as improves the hardness, strength and weld ability. It also elevates the temperature strength of steel and makes it corrosion resistant. When molybdenum is added to nickel-based alloys, it brings high-temperature deformation and gives a high resistance to corrosion. The APEJ market is expected to dominate the global molybdenum market in terms of volume in 2017, and the trend is projected to grow throughout the forecast period. The APEJ molybdenum market is the most attractive market, growing at a CAGR of 4.1% over the forecast period. The Oil and Gas is one of the large end-use industri

A comprehensive analysis on the Isoprene Rubber Latex market by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. The global isoprene rubber latex market is anticipated to expand at  8.1% CAGR  over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent analysis. Increasing demand of medical gloves and condoms will continue driving the isoprene rubber latex sales. Growing utilization in medical and consumer goods industry will create conducive environment for the growth of the market in the coming years. FMI also forecasts the global isoprene rubber latex market to register year-on-year growth of  10.1%  in 2021. Surging app

 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the

A new market research study by Future Market Insights (FMI) on the global  geosynthetics market  contains global industry analysis for 2014–2021 and opportunity assessment for 2022–2029. The report investigates the geosynthetics market and provides critical insights for the forecast period of 2022-2029. The global geosynthetics market recorded the revenues worth ~US$ 9.4 Bn in 2018 and is estimated to grow at a CAGR of ~ 10% in the projected period of 2022 – 2029. As per the findings of the report, the global industrial geosynthetics market is anticipated to experience substantial growth over the forecast period owing to growth in civil construction activities led by several developing economies in the past few years. The report opines that the market growth is significantly driven by increasing investments in public infrastructure development and modernization of existing facilities across the globe. APEJ’s Market Attractiveness Intact, Says FMI’s Report Geosynthetic materials a

 The growing awareness of healthcare & personal hygiene among people across the world is one of the leading factors enabling growth in the global  super absorbent polymer  (SAP) market. As per Future Market Insights (FMI) analysis, the market is expected to expand at 4.8% CAGR between 2021 and 2031. The chemical industry has registered significant growth in past few years and growth is expected to be continue over the near future. Owing to the increasing applications of super absorbent polymers in medical sector and agriculture sector, the SAP market is expected to reach a valuation of US$ 9.18 Bn in 2021. Growing demand from the application of the super absorbent polymer in chemical sector will drive growth through 2021-2031. North America, Europe, and East Asia are the key markets for super absorbent polymers. Of these, East Asia is expected to remain dominant, accounting for over 28.5% of the market by 2031. Key Takeaways from Super Absorbent Polymers Market Study Supe

A new research publication titled “Coatings and Application Technologies for Robotics Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2027)” by Future Market Insights focuses on various market acumen on developments, trends, key players, growth drivers and forecasts across important regions. A detailed market segmentation is carried out which explores every angle of the coatings and application technologies for robotics market. This analytical research report covers historic market data for coatings and application technologies for robotics market along with future market projections for a period of ten years, starting from 2022 till 2027. Regional market intelligence is also provided that can assist the reader in gaining insights with respect to key regions across the globe and identify potential revenue pockets for gaining edge in the global coatings and application technologies for robotics market. Global Coatings and Application Technologies for Roboti