Tuesday, November 8, 2022

Key Insights on Competitive Landscape in Global Specialty Silica Market: Ken Research

 Few Global Players Dominate the Market despite the Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on the Global Specialty Silica Market by Ken Research

Specialty silica is manufactured in the form of round pebbles or fine powders and is further used as key additives in the formulation of several products for various end-use industries such as automotive, electronics, inks, coatings, and personal care products. Silica is a compound of silicon and oxygen (SiO2), two of the most common elements in the earth's crust. Silicon dioxide occurs naturally as agate, sand, quartz, cristobalite, and flint. It is one of the major constituents of dental porcelain, and in granular form serves as a dental abrasive and polishing agent.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Constitute ~10% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~55% of Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the global specialty silica market is competitive with ~200 players, including globally diversified players, regional players, and many country-niche players. The country-niche players comprise about ~55% in terms of the number of companies followed by regional players with ~35% of the total competitors. The players in the industry are manufacturing different types of specialty silica such as precipitated silica, fumed silica, fused silica, silica gel, and colloidal silica to be used in various different applications including rubber, plastic, paint & coatings, electrical & electronics, agricultural & feed, food & beverages, personal care, and others.

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Global Specialty Silica Industry

The Rise in the Production of Electric Vehicles (EVs) is expected to be the Primary Driver of the Market.

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as Cabot Corporation, Akzo Nobel N.V., Evonik Industries, Huber Engineered, Materials, Solvay, PQ, and others are highly focused on providing different types of specialty silica products that can be used across multiple end-user industries, including construction, automotive, research, electrical & electronics, and more. Furthermore, several companies and organizations are aggressively focusing on acquisitions and mergers with specialized players to develop different methods used to manufacture specialty silica.

  • In May 2021, Lion Electric, a Canada-based manufacturer of commercial vehicles constructed its largest medium and heavy-duty EV plant in the country. The company invested US$ 70 million over a period of three years and set up a production plant with a capacity of 20,000 all-electric buses and trucks.
  • In November 2021, Heraeus, a German manufacturer of specialty chemicals, acquired Korean company HS Advanced Materials Co. Ltd. For the expansion of its portfolio of semi-finished quartz materials. The acquisition helped the company to expand its portfolio and enter into the semiconductor industry.
  • In August 2019, Evonik Industries AG, one of the leading manufacturers of specialty silica launched a new specialty product Spherilex 145 for the oral care industry. The product is an advanced toothpaste formula with silica ingredients.
[caption id="attachment_78230" align="aligncenter" width="660"]Global Specialty Silica Industry
The report covers Global Silicon Dioxide Market, Opportunities in Specialty Silica Market, Competitors in Specialty Silica Market, Specialty Silica Startups..[/caption]

Increased Government Initiatives and New Strategical Investments in the Construction Industry Promoted Silica Products that Led to Major Industry-Wide Developments, Acquisitions, and new production plants set-up in the industry.

  • An initiative by the USA government to provide affordable homes to its residents, propelled the demand for paints & coatings in the region. For instance, in September 2021, the House Democrats passed the Build Back Better Act, which allocated financial aid of US$ 170 billion for affordable housing. Under the guidelines of the act, the government targets to build over one million affordable homes, which is expected to boost the demand for cement, coatings, rubbers, and other materials.
  • In September 2022, the government of China announced to invest US$ 1,430 billion in major construction projects till 2025. According to the National Development and Reform Commission (NDRC), Shanghai has a total investment plan of US$ 38.7 billion to construct key infrastructures, whereas Guangzhou, signed 16 new infrastructure projects with the given investment of US$ 8.09 billion.

In May 2021, W. R. Grace and Co. completed the expansion of its manufacturing plant of silica gel in Kuantan, Malaysia. The plant caters to the rising demand from various industries such as biofuel, purification anti-blocking in plastic films and bags, leather, matting furniture, and coils.

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Key Topics Covered in the Report

  • Snapshot of Global Specialty Silica Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Specialty Silica Market
  • Historic Growth of Overall Global Specialty Silica Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global Specialty Silica Industry
  • Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
  • Covid-19 Impact on the Overall Global Specialty Silica Market
  • Future Market Forecast and Growth Rates of the Total Global Specialty Silica Market and Segments
  • Analysis of Global Specialty Silica Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

  • Cabot Corporation
  • Akzo Nobel N.V.
  • Evonik Industries
  • Huber Engineered Materials
  • Solvay
  • PQ Corporation
  • Madhu Silica Pvt. Ltd.
  • Wacker Chemie AG
  • PPG Industries, Inc.
  • W. R. Grace & Co.

Notable Emerging Companies Mentioned in the Report

  • AeroShield
  • WaferPro
  • Ultra HPQ
  • Ashtamers Pvt.Ltd.
  • Qingdao Hengze Silica Gel Products Co.,Ltd

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Specialty Silica Manufacturers
  • Specialty Silica Suppliers
  • Precipitated Silica Suppliers
  • Fumed Silica Suppliers
  • Fused Silica Suppliers
  • Silica Gel Suppliers
  • Colloidal Silica Suppliers
  • Specialty Silica Distributors
  • Emerging and Startup Companies in Specialty Silica
  • Different Types of Specialty Silica Research Labs
  • Government Ministries and Departments of Minerals
  • Government Departments of Electronics
  • Ministries and Departments of Paint & Coatings
  • Importers and Distributors of Specialty Silica

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Specialty Silica Market: Ken Research

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3 Key Insights on US$ 120 Bn Opportunity in the Global Composites Market: Ken Research

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Driven by a rise in demand from end-user industries like automotive and transportation along with improved qualities such as high strength and modulus, long fatigue life, acoustic insulation, reduced weight, and corrosion resistance, the Global Composites Market is Forecasted to Cross US$ 120 Bn by 2028 says Ken Research Study.

A composite is a substance created from two or more constituent substances. These ingredient substances, which differ significantly from one another chemically or physically, are combined to produce a substance having characteristics that are distinct from those of the constituent substances.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Increased Adoption of Composites in Various End-User Industries Have Increased the Market’s Growth Rate

According to Research estimates, the Global Composites Market – which was valued from around US$ 50 Bn in 2017 to nearly US$ 70 Bn by 2022 – is expected to grow further to more than US$ 120 Bn opportunity by 2028.

Some of the factors that propel the growth of the composites market over the forecast period include rising demand for lightweight materials and fuel-efficient vehicles in the transportation sector, rising carbon fiber usage in wind blades, soaring applications from construction and infrastructure appliances, and rising demand for glass fiber-reinforced composite pipes in sewage and water management.

Global Composites Market

2. High Growth Rate of Thermoplastic Composites is Benefiting the Market Growth

Thermoplastic composites are highly demanded by the end-user industries including automotive, aerospace, construction, oil and gas, and materials handling. The product's capacity to use quick cycle time thermoforming part manufacturing procedures, minimal moisture uptake requirements, and strong, damage-resistant material are the driving factors for its rise in the aforementioned industries.

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In many sectors, the substance has varied functions. In the aerospace and defense industries, thermoplastic composites, for instance, are used to minimize corrosion and the total weight of aircraft construction. In addition, compared to conventional materials, maintenance costs for aircraft made of composite materials have dropped significantly. Numerous qualities of thermoplastic composites include their excellent strength, small weight, resilience to the elements, and variety of surface textures.  

Global Composites Market

3. Improper Composite Waste Disposal to Stagnate the Market Growth 

A few of the challenges that are limiting the market include higher expenses, strict environmental regulations, and restrictions on waste disposal. Additionally, composite end-of-life waste management is coming under scrutiny due to the growing use of life cycle assessment as a component of the material selection process in several sectors.

For instance, the industry must address substantial societal and industrial difficulties because it is estimated that a significant percentage of waste in the UK ends up in landfills. Additionally, the rise in plastic garbage has forced governments all over the world to enact strict environmental regulations. The government's efforts to address the issues raised by plastic trash have been emphasized by the ban on single-use plastic in many nations which is posing pressure on the Global Composites Market.

Global Composites Market

Key Topics Covered in the Report

  • Snapshot of the Global Composites Market

  • Industry Value Chain and Ecosystem Analysis

  • Market size and Segmentation of the Global Composites Market

  • Historic Growth of the Overall Global Composites Market and Segments

  • Competition Scenario of the Market and Key Developments of Competitors

  • Porter’s 5 Forces Analysis of the Global Composites Market

  • Overview, Product Offerings, and SWOT Analysis of Key Competitors

  • COVID-19 Impact on the Overall Global Composites Market

  • Future Market Forecast and Growth Rates of the Total Global Composites Market and by Segments

  • Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts

  • Analysis of the Composites Market in Major Regions

  • Major Production / Consumption Hubs in the Major Regions

  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

  • Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

  • Huntsman Corporation LLC

  • SGL Group

  • Teijin Ltd

  • CooperVision

  • DuPont

  • Owens Corning

  • Toray Industries, Inc.

  • Mitsubishi Chemical Holdings Corporation

  • Solvay

  • Exel Group

  • DOW

Notable Emerging Companies Mentioned in the Report

  • Capricorn Composite GmbH

  • Aircraft Composites Sachsen GmbH

  • Fibrolux GmbH

  • Hexcel Corporation

  • INEOS Enterprises

  • Bally Ribbon Mills

For more information on the research report, refer to below link:

Global Composites Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on Competitive Landscape in the Global Food & Beverage Disinfection Market: Ken Research

 Regional Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 150 Competitors Comprising Global Players, Regional Players, and Country-Niche Players find a recent market study on the Global Food & Beverage Disinfection Market by Ken Research

Food & beverage disinfectant plays a major role in health and hygiene. Disinfection is a technique that eliminates microorganisms like bacteria, fungi, and others, that can cause early deterioration and foodborne illness.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Regional players constitute ~45% of the Total Number of Competitors and hold ~40% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Food & Beverage Disinfection Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in Food & Beverage Disinfection Market. The global players comprise ~15% in terms of the number of companies and hold about 25% of the market share. Key players in the market are focused on introducing industry-specific disinfectant products in the market and in gaining governmental approvals for their products to gain significant market share.

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Global Food & Beverage Disinfection Market

Leading Players Focused on Launching New Disinfectant Solutions for Food & Beverage Industry

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Evoqua Water Technologies LLC, Evonik Industries AG, Solvay, and Stepan Company among others are highly focused on introducing new food & beverage disinfection products or solutions. Furthermore, companies are also seeking governmental approvals and are highly focused on expanding their business in other regions, which is expected to boost the growth of the Global Food & Beverage Disinfection Market.

  • In June 2022, Evoqua Water Technologies LLC, a manufacturer of water and wastewater treatment solutions, opened a new 30,000-square-foot facility in the UK. The new site will serve as the company’s global center for its UV disinfectant products and it includes space for research & development, manufacturing, dedicated training space, and meeting space. The opening of a new facility helps the company in expanding its business.
  • In June 2022, Kemin Industries, Inc. launched two new antimicrobial and disinfection solutions named KEEPER AND OXINE. Both products are complimented by the company’s patented activation and application systems. The new solution is effective against various foodborne pathogens and offers food safety to the manufacturers without compromising the taste and texture of the product. The company aimed to expand its product portfolio with the launch of new solutions.

Global Food & Beverage Disinfection Market

Increased Government Initiatives for Food Safety Promote Food & Beverage Disinfection Market Growth and Development

  • Food Safety and Standards Authority of India (FSSAI) laid food hygiene and safety guidelines for food businesses during the COVID-19 pandemic. The foremost regulations for food establishments including production areas, stores, packaging areas, service areas, waste disposal areas, transport vehicles, and others shall be cleaned with soap and water, followed by disinfection with quaternary ammonium compounds or any other disinfectants that are found to be effective against coronavirus. In addition, the food service area should be thoroughly cleaned and disinfected after every meal prepared. Many more regulations are implemented in the food & beverage industry by the government to ensure food safety and to curb the situation.

For more information on the research report, refer to below link:

Global Food & Beverage Disinfection Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on the US$ 120 Billion Opportunity in the Global Bearings Market: Ken Research

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Driven by the increasing demand for electric vehicles, and continuous product development as per the market requirement. The Global Bearings Market is forecasted at approximately US$ 120 Bn by 2028 says Ken Research Study.

Bearings are parts that assist in the rotation of an object. Bearings support the shaft that rotates inside the machinery. Machines that have the usage of bearings include automobiles, airplanes, electric generators, and others. They are also used in household appliances such as refrigerators, vacuum cleaners, air-conditioners, and others. The bearing supports the rotating shaft of the wheels, gears, turbines, rotors, and various other applications.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Product Development, Expansion, and Collaboration among Players are Driving Factors for Bearings Market.

According to Ken Research Analysis, the Global Bearings Market was valued at US$ 55 billion in 2017, it is estimated to be ~US$ 80 billion in 2022 and is forecasted to reach a market size of ~US$ 120 billion opportunities by 2028, owing to regular upgradation in the bearing product line, according to the customer demands.

For Instance, In April 2021, NSK developed a third-generation high-speed ball bearing for electric vehicle (EV) motors capable of operating at over 1.8 million dmN (Measurement of bearing rotational performance).

Furthermore, In March 2021, SKF invests US$ 36.50 million in expanding and modernizing its manufacturing facility in Airasca, Italy. The investment will bring the manufacturing of super precision bearings (SuPBs) for industrial application.

Global Ball Bearing Market

2. Increasing Vehicle Production, and Rising Demand for Electric Vehicle Cars, are Fueling the Growth in Bearings Market.

Bearing is an important component installed in a vehicle. On average, one passenger vehicle requires 35 type of bearings, which may substantially be varied depending on the model and technology used in the vehicle. All moving parts of the automobile, require bearing to function. Bearings are used in engines, gearboxes, transmissions, wheels, steering, electrical motors, pumps, and others.

According to Japan External Trade Organization, domestic automobile production in 2019 was 9.68 million units and domestic automobile sales in the same year were 5.2 million units. The growing automotive industry will directly propel the growth of the bearing market.

The International Organization of Motor Vehicle Manufacturers (OICA), an organization working in the interest of vehicle manufacturers and assemblers, stated that vehicle production increased by 3% from 2020 to 2021 after declining by 13% from 2019 to 2020. Increasing the production and sales number of automobiles will directly help the bearings market to grow.

Global Ball Screw Market

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3. Higher Raw Material Prices are Likely to Hamper the Growth of the Bearings Market.

Bearing is made from different types of materials such as steel, ceramic, plastic, and others. The most common type of bearing is manufactured through high-carbon chromium steel, often called chrome steel. The high raw materials prices of manufacturing bearings are hampering the growth of the market. During the COVID-19, the prices of steel have declined significantly but as the demand surged and supply reduced due to the low production volume, the prices of these materials have soared to an all-time high, owing to the prices of bearings also fluctuating and restraining the growth of the market.

Global Flexure Bearings Market

Key Topics Covered in the Report: -

Snapshot of the Global Bearings Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Bearings Market

Historic Growth of the Overall Global Bearings Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Bearings Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Bearings Market

Future Market Forecast and Growth Rates of the Total Global Bearings Market and by Segments

Market Size of Application / Material Type Segments with Historical CAGR and Future Forecasts

Analysis of the Global Bearings Market

Major Production/Supply and Consumption/Demand Hubs in Each Major Region

Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Continent

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Major Players Mentioned in the Report

SKF

JTEKT Corporation

Regal Rexnord Corporation

Schaeffler AG

NSK Ltd.

NTN Corporation

The Timken Company

MinebeaMitsumi Inc.

HKT Bearings Ltd.

Nachi-Fujikoshi Corporation

Notable Emerging Companies Mentioned in the Report

Liaocheng SAST Bearing Co., Ltd

Hangzhou DingTeng Industrial Co., Ltd.

Rotycan Turbotech Pvt. Ltd

CEC Bearings

Industria Bearings & Transmissions Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Bearings Manufacturing Companies

Bearings Material Suppliers

Potential Investors in Bearings Companies

Steel Bearings Producers

Ceramic Bearings Producers

Bearing Accessories Manufacturers & Suppliers

Consulting Companies in the Bearings Market

Government and Research Organizations Working in Bearings Industry

Investment Banks Targeting Bearings Industry

Company Research and Development Institutes

Market Research & Consulting Firms

Banking and Financial Service Providers

Auto Component Manufacturers

Government & Regulatory Authorities

Testing & Inspection Companies

Time Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022-2028F

For More Information on the Research Report, Click on the Below Link: - 

Global Ball Bearing Market Analysis

Contact Us: –

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3 Key Insights on the US$ 500 Bn Opportunity in Global Nutraceuticals Market

 Driven by the Increasing Old Age Population and Rising Demand for Fortified Food Products, the Global Nutraceuticals Market is forecasted to Cross US$ 500 Bn by 2028 says Ken Research Study.

Nutraceutical is a broad term used to describe products derived from food sources that provide additional health benefits in addition to the basic nutritional value found in food. These products can be classified based on the natural source, the pharmacological condition, and the chemical composition of the product. Nutraceuticals are most commonly classified into four categories, including dietary supplements, functional foods, medicinal foods, and pharmaceuticals. Nutraceuticals have potential nutritional, safety, and therapeutic benefits. These products are considered a healthy source for preventing life-threatening ailments such as diabetes, kidney, and gastrointestinal ailments, and various other infections.

 “Ken Research shares 3 key insights on this high-opportunity market from its latest research study”

1. Increasing Geriatric Population and Rising Incidence of Chronic Diseases Provide an Opportunity for the Market Growth   


According to Ken Research Analysis, the Global Nutraceuticals Market was valued at ~US$ 250 billion in 2017. It is estimated to be ~US$ 350 billion in 2022 and is forecasted to reach a market size of ~US$ 500 billion by 2028, growing at a CAGR of ~7% during 2022 to 2028.

Aging is a complex and inevitable biological process associated with many chronically debilitating health effects. Nutraceuticals are entering the healthcare market as a simple and attractive means of disease prevention. The products are of interest to an increasingly health-conscious society and may be of particular relevance in preventing or delaying various age-related diseases.

The percentage of people over 65 who use nutraceuticals is higher than any other age group and has doubled in recent years. Aging is associated with weakened immunity, increased morbidity and mortality from infectious agents, and poor nutritional status. Nutraceutical products can improve micronutrient status, and the regular use of nutraceuticals by the elderly population may provide an opportunity to enhance immunity and metabolic disorders.

2. Rising Awareness Regarding Health & Wellness and Increasing Demand for Fortified Food Products is Fuelling the Market Worldwide 

Nutraceuticals encompass a wide variety of food-derived product categories due to increasing consumer awareness of potential health benefits and the need for improved health conditions. The nutraceutical industry is largely consumer-driven and will continue to grow as it fits the current lifestyles of both developing and developed countries.



Support from government agencies is also boosting the market growth. Food fortification is recognized by the Food and Agriculture Organization (FAO) and the World Health Organization (WHO) as one of the most important ways to eradicate prevalent malnutrition, especially in developing countries.

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Rising cases of nutritional deficiencies, especially in developing countries have pushed governments across the world to introduce food fortification programs to combat these issues. Less developed nations from the regions of East Africa, India, Bangladesh, and Pakistan have adopted national policies for nutrition to reduce their mortality rates.

The graph below represents the share of population preferring fortified food and beverages in different regions worldwide in 2022:

3. High Cost of Nutraceuticals and the Consumer Skepticism Associated with Products are the Major Challenges Faced by The Nutraceuticals Market

Nutraceutical ingredients are commonly used in a variety of applications including functional foods, beverages, pharmaceuticals and personal care products. However, the inclusion of these ingredients increases the price of the final product. The high cost of dietary supplements leads to lower acceptance of these products, thereby hampering market growth.

For instance, the cost of traditional bottles water products is much lower as compared to the cost of probiotic-infused bottled water products.

Along with the growing consumer awareness regarding dietary choices, there are some consumer skepticism associated with the adoption of nutraceutical products. The two major reasons hindering the growth are synthetic sourcing and unsubstantiated health claims related to the products. Most consumers do not prefer products that have been genetically modified to impart beneficial characteristics.

The graph below represents the cost of 1 kg regular food and its fortified form.

For more information on the research report, refer to below link:

Top Nutraceuticals Manufacturing Companies

Read Also –

Key Insights on Competitive Landscape in Global Nutraceuticals Market

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3 Key Insights on Competitive Landscape in the Global Fortified Wine Market: Ken Research

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Regional Players Dominate the Market Holding ~55%, Despite the Presence of about ~150 Competitors Comprising a Number of Country-Niche Players, Regional Players, and, Global Players, finds a recent market study on the Global Fortified Wine Market by Ken Research.

 Fortified Wine is a wine that has been "fortified" with a distilled spirit, such as brandy. There are multiple different types of fortified wine available, but each has its own distinct characteristic that defines it. Madeira, Marsala, port, sherry, and vermouth are the most common fortified wines.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”

Regional Players Constitute ~55% of the Total Number of Competitors, While Country-Niche Players Hold ~35% Share in Terms of the Total Number of Players in the Market.

A comprehensive competitive analysis conducted during the Research Study found that the Global Fortified Wine market is highly competitive with ~150 players, including globally diversified players, regional players, and a large number of country-niche players with their niche fermentation process, including traditional method, charmat method, and artificial carbonation. Numerous winemakers are implementing internet of things (IoT) sensors in their vineyards to analyze data such as weather patterns, sun exposure, pH, nitrogen levels, soil conditions, and more in order to make real-time decisions, make quick adjustments, and identify long-term trends, allowing wineries to optimize quality from the vineyard to the bottle.

Global Fortified Wine Market

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Country-Niche Players' and Organization’s Ongoing Efforts to New technological Developments are Prompting the Growth the of Wine Industry.

Detailed comparative analysis of key competitors available within the Research Study shows that numerous wine companies such as Bacardi Limited, Atsby Vermouth, Gancia, and more are highly focused on expanding their winery and distillery with new advanced technologies, such as Vineyard Scanners and Multi-Spectral and Thermal Infrared Cameras to ensure grapes are grown and harvested properly, and mechanical harvesters to process grapes morbidly. Furthermore, numerous companies and organizations are aggressively investing in advanced computation, data analytics, and increased R&D activities.

Increasing Government Initiatives, Strategies, and Investments in Wine Industry are supporting the Growth of Fortified Wines.

Previously, government-led investment and involvement in vineyard and winery operations were relatively limited worldwide, with the industry relying primarily on private funding. However, in recent years governments conceded that the structure needed to be changed. Several governments across countries have raised funds for the grape and wine industry to support and accelerate the agricultural industry.

Global Fortified Wine Industry

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  • For instance, in August 2022, the Canadian government announced a US$ 166 million investment in the wine industry to provide wineries with the tools they need to stay competitive in the industry in capitalizing on new opportunities.
  • In April 2022, The Australian Government announced the funding of US$ 1.81 million for the grape and wine sector through the Agricultural Trade and Market Access Cooperation (ATMAC) program.
  • In April 2021, the New South Wales (NSW) Government and the NSW Wine Industry Association signed a US$ 300,000 Memorandum of Understanding (MOU) to support winemakers in increasing exports and regional industry development, as well as encourage further advancement.

Key Topics Covered in the Report: -

Snapshot of the Global Fortified Wine Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Fortified Wine Market

Historic Growth of the Overall Global Fortified Wine Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Fortified Wine Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

Covid-19 Impact on the Overall Global Fortified Wine Market

Future Market Forecast and Growth Rates of the Total Global Fortified Wine Market and by Segments

Market Size of Product Type, Distribution Channel, and Body Type Segments with Historical CAGR and Future Forecasts

Analysis of the Global Fortified Wine Market

Major Production/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Region

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Notable Key Players Mentioned in the Report: -

E & J. Gallo Winery

Constellation Brands, Inc.

Treasury Wine Estates

Trinchero Family Estates

Deutsch Family Wine & Spirits

The Wine Group

Precept Wine, LLC

Backsberg

Sogevinus Fine Wines

Taylor's Port

Notable Emerging Companies Mentioned in the Report

Bacardi Limited

McWilliam’s Wines

Rhys & Rylee LLC

Campari-Milano N.V.

F.LLI Gancia & C. SpA Canelli

Anchor Brewing

Imbue Curls US.

Emilio Lustau S.A.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Feedstock Suppliers (Wine Grapes)

Supplier of Chemical Additives

Wine Branding and Marketing Companies

Wine Producing Companies

Vineyard Management Companies

National Wine Trade Federation

Wine International Association (WIA)

World Wine Trade Group

Specialty Wine Retailers Association (SWRA)

National Association of Wine Retailers

Wine Trade Association

American Association of Wine Economists

American Wine Society

Suppliers of Packaging Materials (Suppliers of Bottles, Corks)

Food Regulatory Authorities

Alcoholic Beverages Regulatory Authorities

Government Ministries and Departments of Alcoholic Beverages

Investment Banks and PE Firms Focused on Alcoholic Beverages Industry

Potential Entrants into Alcoholic Beverages Industry

Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For More Information on the Research Report, Click on the Below Link: - 

Global Fortified Wine Market Analysis

Contact Us: –

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3 Key Insights on Competitive Landscape in Global Multilayer Printed Circuits Market

 Regional Players Dominate the Market Holding the Majority Revenue Share Despite the Presence of ~200 Competitors Comprising a Large Number of Country-Niche Players, finds a recent market study on the Global Multilayer Printed Circuits Market by Ken Research.

A Multilayer Printed Circuit is made up of three or more copper foil layers, bonded together by prepreg (PP). These are made from flat sheets of insulating material and serve as a foundation for most electronic products, both for providing physical support as well as wiring area for different socketed and surface-mounted components. They can contain as many layers as needed for a project but they contain only even-numbered layers. Furthermore, expanding the market for smart devices, mobile phones, laptops, etc is driving the growth in this industry.

Country-Niche Players constitute about 55% of the Total Number of Competitors while Regional Players constitute 35% of the competition

A comprehensive competitive analysis conducted during the Research Study found that the Global Multilayer Printed Circuits Market is highly competitive with ~200 players which include globally diversified players, regional players as well as country-niche players having their niche in multilayer printed boards for various end-user industries. The global players comprise just ~10% of total competitors but control ~40% of market share. The regional players comprise about 35% in terms of the number of companies and hold a 35% market revenue share followed. Most of the country-niche players are local manufacturers of printed circuit boards.

Leading Global Players Focus on Acquisition and Increase in Production to Cater to the Wider End-user Audience

Detailed comparative analysis of key competitors available within the Research Study shows that global players such as Trackwise Designs plc, and TTM Technologies are highly focused on advancing their existing PCB technology to inculcate high efficiency and robustness in their products that can be used in multiple applications segments like healthcare, aerospace, defense, consumer electronics, automotive industry, etc. Furthermore, several companies and organizations are expanding their presence in this highly fragmented market by expanding their production capacity.



  • In April 2020, Trackwise Designs plc, a manufacturer of specialist products using printed circuit technology acquires Stevenage Circuits, a supplier of all types of printed circuit technology, to increase flexible printed circuit board production.
  • In June 2021, AT&S, a designer and manufacturer of high-end printed circuit boards and substrates for semiconductors, infused US$ 2,000 million to set up a new manufacturing plant in Malaysia. The establishment is anticipated to become the first facility in Southeast Asia, supporting the production of high-end PCBs and IC substrates and creating almost 5000 employment opportunities in the region by 2024.
  • In February 2020, Panasonic had planned to launch some new connected home appliances for Indian and Japanese markets. The first in the line of connected appliances will be air-conditioners whereby Panasonic will turn its entire inverter range of models as internet-enabled.

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Increased Regulations of Regulatory Bodies and Governments to Increase the Quality of products Led to the Growth of the Multilayer Printed Circuits Market

  • The Institute for Printed Circuits, provides standards for PCB manufacturing at every stage of the printed circuit board production process. Three different classes indicate the quality of the printed circuit board, with Class 1 being the lowest quality and Class 3 being the highest quality.
  • USA government requires all manufacturers, exporters, and brokers of defense services or technical data to be International Traffic in Arms Regulation (ITAR) compliant. Printed circuit boards fall under Item 14—Category II of the United States Munitions List. When the manufacturer manufactures ITAR-compliant printed circuit board, all the information provided must be handled in a manner that allows for the prevention of access by any unknown or unauthorized source. The product also cannot be available for review or acquisition by any unapproved party.

For more information on the research report, refer to below link:

Demand for Multilayer PCB in Consumer Sector

Read Also –

3 Key Insights on US$ 40 Bn Opportunity in Global Multilayer Printed Circuits Market

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Vietnam’s Auto Finance Market is in its Growing Stage, Driven by Loan Lending offered by Banks, NBFCs and Influx of Online Personal Loan Aggregator Platforms in the country: Ken Research

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Driven by digital penetration and dominance of banks along with a shift in consumer preference from 2W to 4W in the country, Vietnam Auto finance market has seen major growth in the share of commercial vehicles post Covid-19.

Growing Financial Sector: The Pandemic has resulted in the slow growth of Auto Finance where Vietnamese preferred to own a private vehicle to avoid public transportation. With the growing purchasing power of the middle class, the number of customers buying a passenger vehicle increased due to its status symbol among the population. Also, the Vietnamese government fueled the surge in personal vehicles to accommodate the influx of cars & shift away from motorcycles. The economy has flourished with Foreign Direct Investments as the driving force which has increased the stableness and growth of the finance sector.

Lower Interest Rates and more Financial Setups: Vietnam’s auto finance sector has seen a major shift with the lower interest rates by the financial institutions of the country. Vietnam’s government’s aim to shift away from motorcycles has increased the inclination toward buying 4-wheelers. With the rising banks and financial institutions and the entry of captive finance companies offering lower interest rates for vehicle loans, the auto finance industry has seen growth in the past few years.

vietnam-auto-finance-market

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 Government Initiatives Revamping the Demand: Ministry of Finance in Vietnam had reduced the tax on cars imported from ASEAN to 0%. Also, the government issued the roadmap for the application of emission standards for cars in traffic and imported used cars. There has been a 50% reduction in registration fees for domestically produced or assembled vehicles in Vietnam which has had a major impact on the automotive industry.

Small-Scale Production and Competition with Counterfeit Products: Vietnam has a rising problem with the increasing number of counterfeit auto and auto parts available throughout the country. The counterfeit imitations of popular brands such as Honda and Yamaha result in a negative impact on business due to the lack of quality. Also, Vietnam’s cars are much costlier as compared to neighboring countries such as Thailand and Indonesia. The lack of supporting industries drives up production costs. This eliminates a large segment of the population that are unable to afford a passenger vehicle and lowers the potential profits of the auto financing companies.

Analysts at Ken Research in their latest publication “Vietnam Auto Finance Market Outlook to 2026F- Driven by Digital Penetration and Dominance of Banks along with a Shift in Consumer Preference from 2W to 4W” By Ken Research observed that the Auto Finance market is an emergent market in Vietnam at a rebounding stage from the economic crisis after the pandemic. The rising government policies and the increase in banks and financial institutions, entry of captive finance companies along with growing ride-sharing services are expected to contribute to the market growth over the forecast period. The market is expected to grow at a 23.7% CAGR during 2021-2026F owing to the rise in the economy of the country, increasing interest rates, and new government policies.

    Key Segments Covered: -

Vietnam Auto Finance:

By Type of Vehicle financed

New

Used

By Tenure:

1 year

2 years

3 years and more

By Type of Motor Vehicle:

Commercial

Passenger

By type of commercial motor Vehicle:

LMV

MCV

HCV

By Type of passenger motor vehicle

2W

3W

4W

By Type of Lender:

Banks

OEMs/Captives

NBFC

By Type of Lending Bank:

Government

Private

Key Target Audience

Vietnam Auto Industries

Government Bodies & Regulating Authorities

Financial Institutions

Manufacturing Companies

Automobile Distributors

Automobile Dealers and Associations

Investors & Venture Capital Firms

Time Period Captured in the Report:

Historical Year: 2016-2021

Base Year: 2021

Forecast Period: 2022F– 2026F

Major Banks:

Bank for Investment & Development

Vietcom Bank

Sacom Bank

Techcom Bank

Shinhan Bank

Vietnam International Commercial Joint Stock Bank

Vietin Bank

Tien Phong Bank

Woori Bank

Key Topics Covered in the Report

Vietnam Automotive Industry Overview

Vietnam’s Online Auto Finance Market Ecosystem

Business Cycle, Genesis, and Timeline of Vietnam Online Auto Finance Market

Vietnam Auto Finance Value Chain Analysis

Vietnam Auto Finance Market Size, 2021

Vietnam Auto Finance Market Segmentation (by Type of Vehicle Financed, by Type of Motor Vehicle, by Type of Passenger Vehicle, by Type of Commercial Vehicle, by Type of Lenders, by Type of Lending Banks, by Tenure of New and Old Vehicles), 2021

SWOT Analysis of Vietnam Auto Finance Market

Government Regulations of Vietnam Auto Finance Market

Trends and Developments of Vietnam Auto Finance Market

Decision Making Parameter for Selecting Car Loan Vendor

Issues and Challenges in Vietnam Auto Finance Market

Customer Analysis of Auto Finance Market in Vietnam

Competition Overview of Auto Finance Market in Vietnam

Future Outlook and Projections of Auto Finance Market in Vietnam, 2021-2026F

Impact of COVID-19 on Auto Finance Market in Vietnam

Analyst Recommendations for Online Auto- Finance Market in Vietnam

For More Information on the research report, refer to below link: -

Vietnam Auto Finance Market Analysis

Related Reports by Ken Research: -

Singapore Auto Finance Market Outlook to 2025 (Edition II) – Driven by exorbitant Car Prices, Growing Digital Penetration and evolving Vehicle Ownership Characteristics amidst Systemically Regulated Car Ownership Policies by the Government

Thailand Auto Finance Market Research Report, Industry Research Report, Market Major Players, Market Analysis: Ken Research

Philippines Auto Finance Market Outlook to 2024- Growing Prominence of Captive Finance and Surge in Used Car Sales Supporting Disbursement for Auto Loans

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Ankur Gupta, Head of Marketing & Communications
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Saudi Vision 2030 expected to lead the Real Estate Development in the Kingdom and Buyers to Increase Spending on Real Estate Services: Ken Research

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Development towards Vision 2030, Fourth industrial Revolution and Sustainable Smart City Developments to Support Real Estate Services Market

The KSA Vision targets a significant increase in the number of Riyadh residents over the next ten years, from around 7.5 million today to between 15 and 20 million by 2030. The only way to accommodate this massive increase in population in a sustainable manner is to increase density, which necessitates an increase in demand for Real Estate services in KSA. Growth in Real Estate development and thereby demand for properties is likely to enhance spending on real estate services, as buyers will become more concerned with respect to loan advisory and consulting services.

Fourth Industrial Revolution: Advances in technology, data, and artificial intelligence (AI) continue to change how buildings are designed, built, operated, and experienced, as well as client expectations of the real estate advisory capabilities that support all of this. Proptech has joined fintech as a widely used umbrella term for the resulting wave of new products and possibilities that is reshaping the entire concept of real estate services. Everything is inextricably linked to the future of work, changing workstyles, and sustainability which brings to the fifth trend.

Sustainable Smart City Developments: The KSA government is creating smart and sustainable cities to protect the environment while maintaining a perfect balance between economic and social development. With the help of automation and modern data-driven technology, Real Estate services are able to benefit from sustainable smart city projects. KSA intends to transform its cities into smart cities by including sustainability and technological integration into the buildings, which will boost the KSA Real Estate Service market throughout the forecast period.

The report titled KSA Real Estate Services Market” by Ken Research suggested a multi bagger CAGR of 27% in revenue in real estate services market in region in the KSA next 5 years till 2026.

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KSA Real Estate Services Industry

Key Segments Covered 

KSA Real Estate Services Market

  • By Projects
    • Government
    • Semi Government
    • Private

By Commercial

  • Office
  • Industrial
  • Logistics
  • By Region
    • Riyadh
    • Jeddah
    • DMA
    • Makkah and Madinah
    • Others.
  • By Services
    • Capital Markets
    • Project and Development Service
    • Leasing
    • Property and Facility Management
    • Advisory and Consulting.
  • By Industry
    • Residential
    • Hospitality
    • Commercial
    • Retail
    • Healthcare
    • Leisure
    • Others

Key Target Audience

  • Real Estate Service Companies
  • Facility Management Services Companies
  • Real Estate Association
  • Real Estate Developers
  • Architects and Agents.

Time Period Captured in the Report:

  • Base Year: 2021
  • Forecast Period: 2021–2026F

Companies Covered:

  • Colliers
  • CBRE
  • JLL
  • Knight Frank
  • Compass and others.

Key Topics Covered in the Report

  • KSA Real Estate Services Market Overview
  • KSA Real Estate Services Market Size
  • KSA Real Estate Services Market Ecosystem
  • Market Ecosystem
  • Value chain Analysis
  • Decision Making Parameters for Customers
  • Market Size for KSA Real Estate Services
  • Market Segmentation for KSA Real Estate Service
  • SWOT Analysis
  • Issues and Challenges
  • Key Trends in KSA Real Estate Services Market
  • Issues and Challenges in KSA Real Estate Services Market
  • Competition Framework
  • COVID-19 Impact
  • Future Outlook and Projections

For More Information on the Research Report, refer to below links: –

KSA Real Estate Services Market: Ken Research

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Riyadh Hospitality Market Outlook to 2023 - Growth in MICE Business and Surge in Tourism Supporting Occupancy Rate of Hotel Industry

Saudi Arabia Real Estate Market Outlook to 2025 – By Retail Real Estate Market (Super-Regional Malls, Regional Malls and Community Centre), By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and Other Hotels), By Office Real Estate (Premium Offices Grade A and Grade B) and Residential Real Estate Market (Apartment, Villas, Traditional Houses and Others)

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Monday, November 7, 2022

3 Key Insights on the US$ 9 Bn Opportunity in Global Specialty Silica Market: Ken Research

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Driven By the Wide Applications of Specialty Silica in Automotive, Paints & Coatings, And Many Other Industries, The Global Specialty Silica Market Is Forecasted to Cross US$ 9 Bn By 2028 says Ken Research Study.

Specialty silica is manufactured in the form of round pebbles or fine powders and is further used as key additives in the formulation of several products for various end-use industries such as automotive, electronics, inks, coatings, and personal care products. Silica is a compound of silicon and oxygen (SiO2), two of the most common elements in the earth's crust. Silicon dioxide occurs naturally as agate, sand, quartz, cristobalite, and flint. It is one of the major constituents of dental porcelain, and in granular form serves as a dental abrasive and polishing agent.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study

1. Increasing Usage of Amorphous Specialty Silica in Personal Care and Cosmetics Sectors Provides an Opportunity for the Market Growth

According to Ken Research Analysis, the Global Specialty Silica Market was valued at ~US$ 4 billion in 2017. It is estimated to be ~US$ 6 billion in 2022 and is forecasted to reach a market size of ~US$ 9 billion by 2028, growing at a CAGR of ~7% from 2022 to 2028.

Silica is the most commonly used ingredient in cosmetics and skin care products because it improves the feel and texture of formulations. It has many functions, such as acting as a bulking agent, absorbing agent, anti-caking agent, and as abrasive which makes it one of the most commonly used ingredients in products such as lotions, sunscreens, and makeups.

For skin care products, its abrasive properties allow it to act as an exfoliant in products such as body wash and face wash. In addition, the spherical silica particles allow the product to spread easily and evenly. For cosmetics, silica has absorptive properties and helps the product absorb excess oil and sweat from the skin. It improves the texture of the product and increases its volume.

Furthermore, after the 2015 ban on plastic microbeads in cosmetics, many manufacturers turned to amorphous silica. Amorphous silica gel is an excellent skincare ingredient with spherical particles that spread smoothly and absorb sweat and sebum.

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Global Specialty Silica Market

2. Rising Demand for Specialty Silica in Automotive and Construction Industries Fuelling the Market Worldwide 

In the field of automotive parts and materials, there is an increasing demand for products such as special silica with excellent functionality and environmental performance. Growth in the automotive industry in many countries is expected to stimulate demand for tires and boost the silica market. Furthermore, the increasing use of the product in the production of environmentally friendly tires is supported by various benefits such as increased shelf life and fuel efficiency will propel the demand in various other industries.

The number of new tire plants and expansion projects is increasing in various regions of the USA, with South Carolina receiving the highest share of the investment, thereby boosting the growth of the market. Specialty silicas are mainly used in tire manufacturing due to their very high purity and low moisture absorption.

High-purity silicon dioxide can be converted into silicon, which is being tested in the electric vehicle industry to replace or increase carbon in battery anodes to dramatically extend charge intervals. As the automotive industry is one of the most important end-use industries for specialty silica, the increasing adoption of electric vehicles is impacting the overall market growth.

The graph below represents the worldwide share of electric vehicles by countries in 2020:

Global Specialty Silica Market

3. The Easy Availability of Materials that can be used as Substitutes for Silica is the Major Challenge Faced by the Specialty Silica Market

The expensive nature of fused silica and the availability of substitutes such as oxides of magnesium (magnesia), aluminium (alumina), and calcium (lime) are estimated to adversely affect the global specialty silica market. Furthermore, the accessibility of inexpensive substitutes for silica gel, such as clay and bentonite hamper the demand for specialty silica.

The table below represents the list of substitutes that can be used in place of specialty silica in various end-use industries:

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Global Specialty Silica Market

Key Topics Covered in the Report

  • Snapshot of Global Specialty Silica Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Specialty Silica Market
  • Historic Growth of Overall Global Specialty Silica Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global Specialty Silica Industry
  • Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
  • Covid-19 Impact on the Overall Global Specialty Silica Market
  • Future Market Forecast and Growth Rates of the Total Global Specialty Silica Market and Segments
  • Analysis of Global Specialty Silica Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

  • Cabot Corporation
  • Akzo Nobel N.V.
  • Evonik Industries
  • Huber Engineered Materials
  • Solvay
  • PQ Corporation
  • Madhu Silica Pvt. Ltd.
  • Wacker Chemie AG
  • PPG Industries, Inc.
  • W. R. Grace & Co.

Notable Emerging Companies Mentioned in the Report

  • AeroShield
  • WaferPro
  • Ultra HPQ
  • Ashtamers Pvt.Ltd.
  • Qingdao Hengze Silica Gel Products Co.,Ltd

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Specialty Silica Manufacturers
  • Specialty Silica Suppliers
  • Precipitated Silica Suppliers
  • Fumed Silica Suppliers
  • Fused Silica Suppliers
  • Silica Gel Suppliers
  • Colloidal Silica Suppliers
  • Specialty Silica Distributors
  • Emerging and Startup Companies in Specialty Silica
  • Different Types of Specialty Silica Research Labs
  • Government Ministries and Departments of Minerals
  • Government Departments of Electronics
  • Ministries and Departments of Paint & Coatings
  • Importers and Distributors of Specialty Silica

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Specialty Silica Market: Ken Research

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