Wednesday, December 6, 2023

Anti-corrosion Tape - Global Market Insights and Sales Trends 2024

What is Anti-corrosion Tape - Global Market?

Anti-corrosion tape is a specialized adhesive tape designed to protect metal pipes and fittings from corrosion and rust. This tape is widely used in various industries due to its high resistance to harsh environmental conditions, durability, and cost-effectiveness. The global market for anti-corrosion tape has been experiencing steady growth over the years. In 2022, the market was valued at US$ 351 million and is projected to reach US$ 460.3 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 3.9% from 2023 to 2029.

Anti-corrosion Tape -  Market

Petrolatum-Based, Polymer Based, Others in the Anti-corrosion Tape - Global Market:

The anti-corrosion tape market is dominated by a few key players, with the top five manufacturers holding over 20% of the market share. The market is geographically diverse, with North America being the largest market, accounting for about 30% of the total market share. China follows closely behind, holding about 20% of the market share.

Oil and Gas Industry, Chemical, Water Supply Industry, Others in the Anti-corrosion Tape - Global Market:

In terms of product type, polymer-based anti-corrosion tape is the most popular, accounting for about 65% of the market. Polymer-based tapes are preferred due to their superior adhesion properties, resistance to corrosion, and durability. Other types of anti-corrosion tapes include petrolatum-based and others, but these hold a smaller share of the market.

Anti-corrosion Tape - Global Market Outlook:

The anti-corrosion tape has a wide range of applications across various industries. In the oil and gas industry, it is used to protect pipelines from corrosion, thus ensuring the safe and efficient transport of oil and gas. In the chemical industry, anti-corrosion tape is used to protect equipment and machinery from the corrosive effects of chemicals. The water supply industry also uses this tape to prevent corrosion in water pipes, thus ensuring the safe delivery of clean water. Other industries that use anti-corrosion tape include the construction industry, where it is used to protect steel structures from rust and corrosion.


Report Metric Details
Report Name Anti-corrosion Tape - Market
Forecasted market size in 2029 US$ 460.3 million
CAGR 3.9%
Forecasted years 2023 - 2029
Global Anti-corrosion Tape market, by region:
  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Anti-corrosion Tape market, Segment by Type:
  • Petrolatum-Based
  • Polymer Based
  • Others
Global Anti-corrosion Tape market, by Application
  • Oil and Gas Industry
  • Chemical
  • Water Supply Industry
  • Others
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Small UAV Market Research Report 2023

What is Global Small UAV Market?

The Global Small UAV Market is a rapidly expanding sector in the world of technology and aviation. Small Unmanned Aerial Vehicles (UAVs), often referred to as drones, are aircrafts that are operated without a human pilot on board. These devices are controlled remotely or can fly autonomously through software-controlled flight plans embedded in their systems. The global market for these small UAVs has seen significant growth in recent years, driven by advancements in technology and an increase in their applications across various sectors. The market was valued at US$ 4551.7 million in 2022 and is projected to reach US$ 5968.5 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 3.9% from 2023 to 2029.

Small UAV Market

Fixed Wing, Helicopter, Rotary Blade in the Global Small UAV Market:

The Global Small UAV Market is segmented into three main types based on their design: Fixed Wing, Helicopter, and Rotary Blade. Fixed Wing UAVs are designed like traditional airplanes with wings fixed to the body of the aircraft. They are known for their long endurance capabilities and ability to cover large distances. Helicopter UAVs, on the other hand, have a rotor mounted on top that provides lift and control. These UAVs are ideal for hovering and vertical take-off and landing, making them perfect for applications that require precision. Lastly, Rotary Blade UAVs, also known as quadcopters, have multiple rotors that provide lift. These UAVs are popular for their stability, maneuverability, and ease of use. Each of these types has its own set of advantages and applications, contributing to the diversity and versatility of the Small UAV Market.

Defense, Commercial and Civil in the Global Small UAV Market:

The usage of Small UAVs in Defense, Commercial, and Civil sectors has been a significant driver of the Global Small UAV Market. In the Defense sector, Small UAVs are used for surveillance, reconnaissance, and target acquisition. They provide real-time data and imagery, enhancing situational awareness and decision-making capabilities. In the Commercial sector, Small UAVs are used in a variety of applications including aerial photography, agriculture, and delivery services. They offer cost-effective solutions and increase efficiency and productivity. In the Civil sector, Small UAVs are used for disaster management, environmental monitoring, and search and rescue operations. They provide quick and safe access to areas that are difficult to reach or hazardous for humans. The versatility and utility of Small UAVs in these sectors have led to their increased adoption and growth in the market.

Global Small UAV Market Outlook:

The global Small UAV market outlook reveals that China is the dominant player, holding about 78% of the market share. The United States follows with approximately 11% of the market share. DJI, a Chinese technology company, is the leading manufacturer in the global Small UAV market, accounting for 70.49% of the revenue. Other key players in the market include AeroVironment, Parrot, Lockheed Martin, Applied Aeronautics, Textron, FLIR Systems, IAI, Elbit Systems, and Zero Tech. These top 10 companies collectively held 84.10% of the market share in 2018. This data indicates the competitive landscape of the global Small UAV market and the dominance of a few key players.


Report Metric Details
Report Name Small UAV Market
Accounted market size in 2022 US$ 4551.7 million
Forecasted market size in 2029 US$ 5968.5 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Fixed Wing
  • Helicopter
  • Rotary Blade
Segment by Application
  • Defense
  • Commercial and Civil
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • Mid East&Africa
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company DJI, AeroVironment, Parrot, Lockheed Martin, Applied Aeronautics, Textron, FLIR Systems, IAI, Elbit Systems, Zero Tech
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Rotary Seals Market Research Report 2023

What is Global Rotary Seals Market?

The Global Rotary Seals Market is a vast and dynamic sector that encompasses a wide range of products and applications. Rotary seals, also known as shaft seals, are used to seal the opening between a rotating and a stationary component. They are designed to maintain lubrication, exclude contaminants, separate fluids, and confine pressure. These seals are used in numerous industries, including automotive, aerospace, oil and gas, and many others. They are crucial in ensuring the smooth operation of various types of machinery and equipment. The global market for these seals is substantial and continues to grow, driven by the increasing demand from various end-use industries. However, the market is also influenced by various factors, including technological advancements, the availability of raw materials, and the cost of production.

Rotary Seals Market

Rubbers, Thermoplastic Elastomers, PTFE, Plastics, Others in the Global Rotary Seals Market:

The Global Rotary Seals Market is segmented based on the type of material used, which includes rubbers, thermoplastic elastomers, PTFE, plastics, and others. Each of these materials has its own unique properties and applications. For instance, rubber seals are widely used due to their excellent flexibility, resilience, and resistance to various types of wear and tear. Thermoplastic elastomers, on the other hand, combine the properties of rubber and plastic, offering superior durability and performance. PTFE seals are known for their exceptional resistance to high temperatures, chemicals, and friction. Plastics, such as polyurethane and nylon, are also used in the production of rotary seals due to their high strength and resistance to abrasion and impact. The choice of material depends on the specific requirements of the application, including the operating conditions, the type of fluid to be sealed, and the desired performance characteristics.

Oil and Gas, Aerospace and Automotive, Food and Beverage, Manufacturing and Machine Tools, Marine, Construction and Mining Equipment, Others in the Global Rotary Seals Market:

The Global Rotary Seals Market finds usage in a variety of sectors including Oil and Gas, Aerospace and Automotive, Food and Beverage, Manufacturing and Machine Tools, Marine, Construction and Mining Equipment, among others. In the oil and gas industry, rotary seals are used in a variety of equipment, including pumps, compressors, and valves, to prevent leakage of fluids and gases. In the aerospace and automotive industries, they are used in engines, transmissions, and other components to ensure optimal performance and reliability. In the food and beverage industry, rotary seals are used in processing and packaging equipment to prevent contamination and ensure product safety. In the manufacturing and machine tools sector, they are used in various types of machinery to maintain lubrication and prevent the ingress of contaminants. In the marine industry, rotary seals are used in propulsion systems, hydraulic systems, and other equipment to prevent leakage of fluids into the marine environment. In the construction and mining equipment sector, they are used in heavy machinery and equipment to ensure reliable operation and reduce maintenance requirements.

Global Rotary Seals Market Outlook:

The Global Rotary Seals Market was valued at US$ 1361.1 million in 2022 and is projected to reach a value of US$ 1784.8 million by 2029. This represents a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2023 to 2029. The Asia-Pacific region holds the largest share of the market, accounting for approximately 36% of the total. Europe follows closely behind, with a market share of about 27%. The market is dominated by a few key players, including Trelleborg Sealing Solutions, Parker Hannifin, and SKF, which hold revenue shares of 19%, 8%, and 5%, respectively. These companies have established strong positions in the market through their extensive product portfolios, strong brand recognition, and widespread distribution networks. However, the market is also characterized by intense competition, with many other players striving to gain a larger share of the market.


Report Metric Details
Report Name Rotary Seals Market
Accounted market size in 2022 US$ 1361.1 in million
Forecasted market size in 2029 US$ 1784.8 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Rubbers
  • Thermoplastic Elastomers
  • PTFE
  • Plastics
  • Others
Segment by Application
  • Oil and Gas
  • Aerospace and Automotive
  • Food and Beverage
  • Manufacturing and Machine Tools
  • Marine, Construction and Mining Equipment
  • Others
Production by Region
  • United States
  • Europe
  • China
  • Japan
  • India
  • Southeast Asia
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Trelleborg Sealing Solutions, Parker Hannifin, SKF, Freudenberg Sealing Technologies, NOK, Bal Seal Engineering, A.W. Chesterton Company, Garlock, James Walker, Greene Tweed, Hallite, Techne, Max Spare, Seal & Design, Gallagher Seals
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Ticket Vending Machines (TVM) Market Research Report 2023

What is Global Ticket Vending Machines (TVM) Market?

The Global Ticket Vending Machines (TVM) Market is a comprehensive study of the worldwide market trends and growth prospects for ticket vending machines. These machines are automated, self-service devices that dispense tickets for a variety of transportation services, including buses, trains, and subways. The market analysis covers the period from 2022 to 2029 and provides an in-depth understanding of the industry's current state and future potential. The study examines the market's size, growth rate, and key players, as well as the factors driving and restraining market growth. The report also includes a detailed analysis of the market's competitive landscape and identifies the key trends shaping the market's future. The Global TVM Market report is a valuable resource for business strategists, marketers, and investors interested in the ticket vending machines industry.

Ticket Vending Machines (TVM) Market

Non-cash Payment Type, Cash Payment Type in the Global Ticket Vending Machines (TVM) Market:

The Global Ticket Vending Machines (TVM) Market is segmented into two types based on payment methods: Non-cash Payment Type and Cash Payment Type. The Non-cash Payment Type includes payment methods such as credit cards, debit cards, and mobile payments. This segment is growing rapidly due to the increasing adoption of digital payment methods worldwide. On the other hand, the Cash Payment Type includes traditional payment methods such as coins and banknotes. Despite the rise of digital payments, many consumers still prefer to use cash, especially in developing countries where access to digital payment methods may be limited. The report provides a detailed analysis of these two segments, including their market size, growth rate, and key trends.

Subway Stations, Railway Stations, Bus Stations in the Global Ticket Vending Machines (TVM) Market:

The Global Ticket Vending Machines (TVM) Market report also analyzes the usage of ticket vending machines in various areas such as Subway Stations, Railway Stations, and Bus Stations. These machines are widely used in these areas due to their convenience and efficiency. They allow passengers to purchase tickets quickly and easily, reducing the need for manual ticket sales and speeding up the ticketing process. The report provides a detailed analysis of the market size and growth rate of each of these areas, as well as the key trends shaping their future.

Global Ticket Vending Machines (TVM) Market Outlook:

The Global Ticket Vending Machines (TVM) Market outlook highlights that the market was valued at US$ 517 million in 2022 and is expected to reach US$ 677.9 million by 2029. This represents a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2023 to 2029. The United States is the largest market for ticket vending machines, accounting for about 30% of the global market share. Western Europe follows closely, accounting for about 16% of the market share. This data provides a clear picture of the market's current state and future potential.


Report Metric Details
Report Name Ticket Vending Machines (TVM) Market
Accounted market size in 2022 US$ 517 in million
Forecasted market size in 2029 US$ 677.9 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Non-cash Payment Type
  • Cash Payment Type
Segment by Application
  • Subway Stations
  • Railway Stations
  • Bus Stations
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Parkeon, Genfare, Omron, Scheidt & Bachmann, ICA Traffic, IER, DUCATI Energia, Sigma, GRG Banking, AEP, Beiyang, Potevio, Shanghai Huahong, Shenzhen Seaory Technology
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Dosimetry Equipment Market Research Report 2023

What is Global Dosimetry Equipment Market?

The Global Dosimetry Equipment Market is a vast and complex field that deals with the measurement, calculation and assessment of the absorbed doses received by matter and tissue as a result of exposure to ionizing radiation. Dosimetry equipment is used to measure and control the amount of radiation absorbed in a particular area or by an individual. These devices are crucial in environments where radiation is used or produced, such as in medical facilities, nuclear power plants, and research laboratories. They help to ensure safety and compliance with radiation protection standards. The global market for dosimetry equipment is significant and continues to grow, driven by increasing demand in various sectors and advancements in technology. However, the market is also influenced by various factors such as regulatory requirements, technological developments, and the availability of skilled professionals.

Dosimetry Equipment Market

TLD, OSL, RPL, Active Type in the Global Dosimetry Equipment Market:

The Global Dosimetry Equipment Market is segmented based on the type of dosimetry equipment, including Thermoluminescent Dosimeter (TLD), Optically Stimulated Luminescence (OSL), Radiophotoluminescent (RPL), and Active Type dosimeters. TLDs are widely used due to their accuracy, repeatability, and wide dose range. OSLs are gaining popularity due to their ability to measure low radiation doses accurately. RPLs are known for their stability and high sensitivity, while Active Type dosimeters provide real-time monitoring and immediate results. Each type of dosimeter has its advantages and disadvantages, and their usage depends on the specific requirements of the application.

Medical, Scientific Research, Industrial and Nuclear Plant, Others in the Global Dosimetry Equipment Market:

The Global Dosimetry Equipment Market finds its application in various sectors including Medical, Scientific Research, Industrial and Nuclear Plant, and others. In the medical sector, dosimetry equipment is used to measure the dose of radiation received by patients during diagnostic and therapeutic procedures. In scientific research, these devices are used to monitor radiation levels in laboratories and research facilities. In industrial settings, dosimetry equipment is used to ensure the safety of workers exposed to radiation. In nuclear plants, these devices are crucial for monitoring and controlling radiation levels to prevent accidents and ensure the safety of the environment and the public.

Global Dosimetry Equipment Market Outlook:

The Global Dosimetry Equipment Market is a dynamic and growing market. In 2022, the market was valued at US$ 679.4 million and is expected to reach US$ 854.7 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period of 2023-2029. The Asia-Pacific region holds the largest share of the market, accounting for about 36% of the total market. North America follows closely, holding about 30% of the market share. The top three companies in the market hold about 46% of the total market share, indicating a high level of market concentration.


Report Metric Details
Report Name Dosimetry Equipment Market
Accounted market size in 2022 US$ 679.4 million
Forecasted market size in 2029 US$ 854.7 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • TLD
  • OSL
  • RPL
  • Active Type
Segment by Application
  • Medical
  • Scientific Research
  • Industrial and Nuclear Plant
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Landauer, Chiyoda Technol Corporation, Mirion Technologies, Thermo Fisher Scientific, Fuji Electric, Hitachi Aloka, Bertin Instruments, Tracerco, ATOMTEX, Panasonic, Polimaster, Ludlum Measurements, XZ LAB, Arrow-Tech, Renri, RadPro International GmbH, Dosimetrics
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Portable Water Quality Meters Market Research Report 2023

What is Global Portable Water Quality Meters Market?

The Global Portable Water Quality Meters Market is a vast and dynamic sector that focuses on the production and distribution of portable devices used to measure the quality of water. These devices are essential tools in ensuring the safety and cleanliness of water, which is a critical resource in various industries and households. The market encompasses the production, distribution, and application of these devices on a global scale. In 2022, the market was valued at US$ 407.7 million and is projected to reach US$ 534.6 million by 2029. This growth is driven by the increasing demand for clean water and the need for efficient and reliable tools to measure water quality. The market is also influenced by technological advancements, which have led to the development of more accurate and user-friendly devices. However, the market also faces challenges such as high production costs and stringent regulatory policies. Despite these challenges, the Global Portable Water Quality Meters Market continues to grow and evolve, providing numerous opportunities for manufacturers, distributors, and end-users.

Portable Water Quality Meters Market

PH Meters, Conductivity Meters, Chlorine Meters, ORP Meters, Dissolved Oxygen Meters, Turbidity Meters, Salinity Meters, Other Meters in the Global Portable Water Quality Meters Market:

The Global Portable Water Quality Meters Market includes a variety of devices such as PH Meters, Conductivity Meters, Chlorine Meters, ORP Meters, Dissolved Oxygen Meters, Turbidity Meters, Salinity Meters, and Other Meters. Each of these devices serves a specific purpose in measuring the quality of water. PH Meters, for instance, are used to measure the acidity or alkalinity of water, which is crucial in various industrial processes and environmental monitoring. Conductivity Meters measure the ability of water to conduct electricity, which is an indicator of the presence of dissolved salts and other inorganic substances. Chlorine Meters are used to measure the amount of chlorine in water, which is essential in water treatment and disinfection. ORP Meters measure the oxidizing capacity of water, which is important in determining the water's ability to break down contaminants. Dissolved Oxygen Meters measure the amount of oxygen dissolved in water, which is vital for aquatic life and water treatment processes. Turbidity Meters measure the cloudiness of water, which is an indicator of the presence of suspended particles. Salinity Meters measure the saltiness of water, which is crucial in desalination processes and marine studies. Other Meters measure various other parameters of water quality. These devices are essential tools in ensuring the safety and cleanliness of water in various settings.

Food & Beverage, Pharmaceutical & Medical, Biotechnology & Chemical, Water and Waste Water, Pools, Others in the Global Portable Water Quality Meters Market:

The Global Portable Water Quality Meters Market finds its application in various sectors such as Food & Beverage, Pharmaceutical & Medical, Biotechnology & Chemical, Water and Waste Water, Pools, and Others. In the Food & Beverage industry, these devices are used to ensure the safety and quality of water used in food processing and beverage production. In the Pharmaceutical & Medical industry, they are used to measure the quality of water used in drug formulation and medical procedures. In the Biotechnology & Chemical industry, these devices are used to monitor the quality of water used in biotechnological processes and chemical reactions. In the Water and Waste Water sector, they are used to monitor the quality of drinking water and the efficiency of wastewater treatment processes. In Pools, these devices are used to ensure the safety and cleanliness of pool water. In other sectors, these devices are used in various other applications such as environmental monitoring, aquaculture, and research. The wide range of applications of these devices underscores their importance in various industries and sectors.

Global Portable Water Quality Meters Market Outlook:

The global Portable Water Quality Meters market, which was valued at US$ 407.7 million in 2022, is expected to grow to US$ 534.6 million by 2029. This represents a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2023 to 2029. North America holds the largest share of this market, accounting for approximately 30% of the total. Europe follows closely behind, with a market share of about 29%. The top three companies in this market hold a combined market share of about 43%. This data provides a snapshot of the current state of the global Portable Water Quality Meters market, highlighting the key players and regions that are driving the market's growth.


Report Metric Details
Report Name Portable Water Quality Meters Market
Accounted market size in 2022 US$ 407.7 million
Forecasted market size in 2029 US$ 534.6 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • PH Meters
  • Conductivity Meters
  • Chlorine Meters
  • ORP Meters
  • Dissolved Oxygen Meters
  • Turbidity Meters
  • Salinity Meters
  • Other Meters
Segment by Application
  • Food & Beverage
  • Pharmaceutical & Medical
  • Biotechnology & Chemical
  • Water and Waste Water
  • Pools
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Xylem, Danaher, Thermo Fisher Scientific, Hanna Instruments, DKK-TOA, Horiba, Tintometer, Extech Instruments, Shanghai INESA, Palintest, In-Situ, Jenco Instruments, Bante Instruments
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global 2-Naphthaleneboronic Acid Market Research Report 2023

What is Global 2-Naphthaleneboronic Acid Market?

The Global 2-Naphthaleneboronic Acid Market is a specialized and in-depth study of the chemical industry with a special focus on the global market trend analysis. The 2-Naphthaleneboronic Acid is a chemical compound that is used in various industries for different purposes. It is a boronic acid derivative of naphthalene, which is a polycyclic aromatic hydrocarbon. The market for this compound is growing due to its increasing demand in various industries such as pharmaceuticals, OLED, and others. However, the market is also facing some challenges such as the high cost of production and the stringent regulations regarding its use. Despite these challenges, the market is expected to grow in the coming years due to the increasing demand from emerging economies and the development of new applications for this compound. The market is segmented based on the purity of the compound, with segments including 98% purity and purity above 99%. The market is also segmented based on the application of the compound, with segments including OLED, pharmaceutical, and others. The market is further segmented based on the region, with segments including North America, Europe, Asia Pacific, and others. The market is dominated by a few key players, with the top three companies occupying about 49% of the market share.

2-Naphthaleneboronic Acid Market

98% Purity, Purity Above 99% in the Global 2-Naphthaleneboronic Acid Market:

The Global 2-Naphthaleneboronic Acid Market based on purity is divided into two segments: 98% purity and purity above 99%. The 98% purity segment is the most commonly used purity level in the market. This is due to its cost-effectiveness and sufficient purity level for most applications. The purity above 99% segment is used in applications that require a high level of purity. This segment is expected to grow in the future due to the increasing demand for high-purity products in various industries. However, the high cost of production and the stringent regulations regarding the use of high-purity products are some of the challenges faced by this segment. Despite these challenges, the market for purity above 99% is expected to grow in the future due to the development of new applications that require high-purity products.

OLED, Pharmaceutical in the Global 2-Naphthaleneboronic Acid Market:

The Global 2-Naphthaleneboronic Acid Market is used in various applications including OLED and pharmaceutical. In the OLED industry, the compound is used in the production of organic light-emitting diodes. These diodes are used in various electronic devices such as televisions, smartphones, and others. The demand for OLED is increasing due to the growing consumer electronics industry, which is driving the growth of the 2-Naphthaleneboronic Acid market. In the pharmaceutical industry, the compound is used in the production of various drugs. The demand for 2-Naphthaleneboronic Acid in the pharmaceutical industry is increasing due to the growing healthcare industry and the increasing prevalence of various diseases. However, the market is also facing some challenges such as the high cost of production and the stringent regulations regarding its use in the pharmaceutical industry. Despite these challenges, the market is expected to grow in the future due to the increasing demand from emerging economies and the development of new drugs.

Global 2-Naphthaleneboronic Acid Market Outlook:

The global 2-Naphthaleneboronic Acid market is a dynamic one, with its value standing at US$ 72 million in 2022. The market is projected to grow and reach a value of US$ 94 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period of 2023-2029. The market is largely dominated by China, which holds about 95% of the global market share. Japan follows China, accounting for about 1% of the market share. The market is highly concentrated, with the top three companies holding about 49% of the total market share. This indicates a high level of competition among these companies. The market is expected to grow in the future due to the increasing demand for 2-Naphthaleneboronic Acid in various industries and the development of new applications for this compound. However, the market is also facing some challenges such as the high cost of production and the stringent regulations regarding its use. Despite these challenges, the market is expected to grow in the future due to the increasing demand from emerging economies and the development of new applications for this compound.


Report Metric Details
Report Name 2-Naphthaleneboronic Acid Market
Accounted market size in 2022 US$ 72 in million
Forecasted market size in 2029 US$ 94 million
CAGR 3.9%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • 98% Purity
  • Purity Above 99%
Segment by Application
  • OLED
  • Pharmaceutical
Production by Region
  • China
  • Japan
  • North America
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Puyang Huicheng Electronic, Jinan Finer Chemical, Green Guardee, Changzhou Wujin Ming Huang Chemical, Shifeng Technology, Trusyn Chem-tech, Hebei Delongtai Chemical, SHIRATORI Pharmaceutical
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Global Carbide Cutting Blades Market Research Report 2025

What is Global Carbide Cutting Blades Market? The Global Carbide Cutting Blades Market is a significant segment within the industrial tools...