Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

Increasing Demand for Nutrition Rich Food to Drive Growth of Aqua Feed Additives Market

In recent years, there has been a growing awareness among consumers about the benefits of consuming nutritional foods. This has led to increasing demand for protein rich foods across the globe. The customers from the emerging economies of East Asia and South Asia are now opting for the proteins derived from animal sources. Such developments are thus expected to be key for boosting the demand for fish and fish products. Naturally, all these factors are expected to drive up the growth of the global aqua feed additives market in the near future.

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The companies operating in the global aqua feed additives market are now concentrating on figuring out new technological advancements in the field of amino acids nutritional technology. The applications of this amino acid nutritional technologies are highly useful in generating highly functional and environment-oriented aqua feed. The regulatory bodies and governments in several countries are now focusing on regulating aqua feeds and subsequently aqua feed additives and impose stricter regulations on cutting down the levels of nitrogen in aqua feed is also expected to provide a much deserved impetus to the overall development of the global market in the near future.

Market Competition to Intensify in Near Future The competitive landscape of the global aqua feed additives market is highly fragmented in nature. This fragmentation is due to the fact that there are several key companies operating in the global market. Some of the prominent brands in the global market for aqua feed additive market are Cargill Incorporated, Altech, Nutreco N.V., Archer Daniels Midland Company, Purina Animal Nutrition, and Ridley Corporation Ltd. The companies are expected to resort to adopting aggressive marketing strategies such as mergers, acquisitions, and strategic partnerships in order to stay ahead of the competitive curve. The competition in the global market for aqua feed additives is expected to intensify in coming years, which will be beneficial for its overall growth.

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Use across Wide Range of Applications to Breathe Fresh Air of Growth in Acrylate Monomer Market

Properties associated with acrylate monomers such as UV resistance, glossy structure, chemical and moisture resistance, and durability is expected to accelerate the growth rate of acrylate monomer market across the forecast period of 2019-2029. Applications across various industries such as printing inks, adhesives and sealants, paints, coatings, caulks, textiles, paper finishes, and polymers are also vital components for the growth of acrylate monomer market. On the basis of type, the acrylate monomer market can be segmented into methacrylates, methyl acrylate monomer, TMPTA, butyl acrylate monomer, and 2-ethyl hexyl acrylate monomer.

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The acrylate monomer market gains largely from the construction sector. Due to increasing urbanization, there has been a significant rise in construction activities across the globe. With this rise, the demand for paints and coatings has also increased. This eventually serves as a growth multiplier for the acrylate monomer market. Rapid industrialization boom has also increased the demand for industrial coatings. Therefore, this aspect assists in the growth of the acrylate monomer market. The toxicity content may cause a hindrance to the growth of the acrylate monomer market.

Asia Pacific May Observe Exponential Growth

The acrylate monomer market is regionally spread across North America, the Middle East and Africa, South America, Asia Pacific, and Europe. The rapid industrialization drives undertaken by India and China make the Asia Pacific region a breeding ground for the growth of the acrylate monomer market. Other factors such as speedy urbanization in certain regions may also influence the growth rate of the region.

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Furthermore, steady growth can be predicted in developed regions such as Europe and North America due to the rising demand for paintings and coatings. Urbanization is gathering considerable momentum in the Middle East and Africa region. Therefore, the Middle East and Africa seem to be promising regarding the growth of the acrylate monomer market.

Increasing Number of End User Application Sectors and Rising Demand from the Same is Helping Oleochemicals Market to Thrive at Promising Rate

TMR Research has now come up with a new market research report that provides a detailed information about the overall working dynamics of the global oleochemicals market. The research report tries to shed light on the key factors that are responsible for the growth of the global market in recent years as well as in the coming years of the forecast period. In addition to this, the research report provides detailed insights about the key segments, geographical outlook, and the overall condition of the vendor landscape of the global oleochemicals acid market. 

Asia Pacific Region is Showing Highly Promising Rate of Development

As per the research report, the global oleochemicals market is segmented into five key regions. The regions are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Of these, currently, the global market for oleochemicals is being dominated by the regional segment of Asia Pacific. It is projected that several manufacturers, particularly from Southeast Asian nations such as Malaysia and Indonesia. Such growing demand has played a crucial role in developing the Asia Pacific market. In addition to this, the governments in these nations are also offering lucrative tax benefits for pushing up the growth of their domestic market. It is further projected to play a key role in the development of the Asia Pacific market. Increasing demand from the emerging economies such as India and China is also projected to play a key role in the overall development of the regional market.

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On the other hand, the regional segment of Europe is also expected to have a highly promising rate of growth in the coming years of the forecast period. In the region, there are growing concerns about bio based cosmetic and personal care products. Such concerns are expected to clear the way for demand for oleochemicals and thus help in driving the regional growth in the coming years of the forecast period. Furthermore, increasing applications of oleochemicals is also projected to drive the development of the market in the region.

Increasing Concerns Related to Dwindling Fossil Fuel to Present Lucrative Market Growth Opportunities

There are several factors that are helping to drive the growth of the global oleochemicals market in the coming years of the forecast period. One of the key factor for the market development has been easy availability of feedstock. Moreover, increasing expansions of end user application industries is also expected to drive the growth of the global market in the near future. Furthermore, the demand for these products is expected to rise due to the growing commercialization of olechmeicals based products and bio based products. Oleochemicals are highly cost efficient in nature and are majorly used as an alternative for industrial fuel and chemicals. These ecological as well as economic benefits have played a key role in fueling up the overall development of the global oleochemicals market in recent years. Another important driving factor for the growth of the global market is the growing concerns about constant depletion of fossil fuels across the world. This has prompted in the issuance stricter rules and regulations. In addition to this, there is an increasing cry for cleaner and renewable sources of energy. All these factors will act in favor of the development of the global oleochemicals market.

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Some of the prominent brands operating in the global oleochemicals market are Emery Oleochemicals, Wilmar International, Oleon NV, Du Pont, and Procter & Gamble Co. among others.

Increasing Demand from Application Segments to Drive Growth of Global Itaconic Acid Market

TMR Research has now come up with a new market research report that provides a detailed information about the overall working dynamics of the global itaconic acid market. The research report tries to shed light on the key factors that are responsible for the growth of the global market in recent years as well as in the coming years of the forecast period. In addition to this, the research report provides detailed insights about the key segments, geographical outlook, and the overall condition of the vendor landscape of the global itaconic acid market.

Asia Pacific to Witness Maximum Growth

As per the research report, the global itaconic acid market is segmented into five key regions. These regions are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, currently, the global market is being dominated by the regional segment of Asia Pacific. The growth of the regional market is primarily attributed to the shutting down of the manufacturing plants in other parts of the globe. In addition to this, increasing activities in the construction sector is expected to play a key role in the overall development of the regional segment. Increasing demand for SBR latex is also projected to play a key role in the development of the Asia Pacific market for itaconic acid.

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On the other hand, the regional segment of North America is projected to witness sluggish growth in the near future. One of the key factors for this dwindling growth in the regional segment is due to the closing down of several manufacturing plants in the region because of low demands from the prominent end use industries. Whereas, the regional segment of Latin America is expected to witness a moderate growth in the coming years of the forecast period. The growth of the market can be attributed to the increasing demand from countries such as Venezuela, Argentina, and Brazil among others. The Middle East and Africa segment is also projected to witness a promising rate of growth in the near future.

Increasing Demand for UPR to Drive Market Growth

There are several factors that are responsible for the overall growth of the global itaconic acid market. One of the crucial growth factors for the market is the growing demand for UPR in manufacturing of fiber reinforced polymer composites, laminating resins, pipes, and electrical cabinets among others. UPR is the key application of itaconoic acid. Thus, increasing demand for UPR is responsible for the development of the global market.

In addition to this, itaconic acid also finds application in coatings and adhesives sector. It is expected to present lucrative growth opportunities in the near future. Furthermore, itaconic acid is also used as an alternative for carboxylate dispersant agent. It is also used as a key solvent in production of different cosmetic products. Such factors are also projected to help in the overall development of the global itaconic acid market in the coming years of the forecast period.

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The competitive landscape of the global itaconic acid market is quite fragmented in nature. This is due to the fact that there are several key companies operating in the global market. Some of the prominent brands in the global itaconic market are Itaconix Corporation, Zhejiang Guoguang Biochemistry, and Qingdao Langtayi Co. Ltd. among others.