The global industrial catalysts market is categorized into five regions based on geography, namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among them, the Middle East & Africa accounted for around 28% market share as of 2016 and is predicted to grow at a healthy CAGR over the assessment period. The Middle Eastern & African market is categorized into Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait. Aforementioned nations are predicted to drive the demand for industrial catalysts in the upcoming years due to the presence of matured oil reserves, resulting in the higher consumption of industrial catalysts. Moreover, rising demand for energy and increasing crude oil production in the Middle East & African countries is predicted to fuel the growth of the market. In North America, the industrial catalysts market share is predicted to grow with the highest CAGR during the assessment period, 2017-2023. Crude oil is the main area for industrial catalysts consumption in the region, a majority of crude oil produced in North America is from oil sands, offshore oilfields, and shale formations & tight oil. Relatively, crude oil production from oil sands and offshore oilfield result in increased consumption of industrial catalysts, which, in turn, lead to high demand for industrial catalysts in this region.
Manufacturers are shifting their focus to developing and producing more environment-friendly industrial catalysts products, which reduce the harmful emissions from industries. Rising demand for green industrial catalysts along with technological advancement is predicted to fuel the market growth over the forecast period. European industrial catalysts market is classified into Russia, Germany, the U.K, Spain, Italy, and France. Comparatively, Russia and Germany are expected to dominate the region owing to increasing oil & gas exploration activities coupled with increasing innovation. Moreover, the robust presence of basic chemicals manufacturers along with the increasing consumption is predicted to fuel the demand for industrial catalysts over the assessment period. In Latin America, countries such as Brazil and Mexico are expected to witness a significant market growth on account of increasing crude oil production combined with the expansion of petroleum refining units. The Asia Pacific is predicted to be a healthy growing market due to emerging crude oil processing as well as the proliferation of petroleum refineries in India and China.
Global industrial catalysts market share, by region (2016) (%)
Segmentation
The global industrial catalysts market is categorized on the basis of type, application, and region. On the basis of the type, the market is bifurcated into homogeneous and heterogeneous. On the basis of the substance, the industrial catalysts market is categorized into metallic, chemical, zeolite, organometallic, and others. On the basis of the application, the market is segmented into petroleum refining, chemical manufacturing, environmental, food processing and others. On the basis of the region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Key Players
Some of the prominent players operating in the global industrial catalysts market are BASF SE (Germany), Bayer AG (Germany), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (the Netherlands), Clariant (Switzerland), Chevron Phillips Chemical Company LLC (U.S.), Exxon Mobil Corporation (U.S.), Haldor Topsøe A/S (Denmark), INEOS (U.K), and Honeywell International Inc. (U.S.), among others.
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The number of coffee consumers has increased considerably across the globe, which has prompted coffee producers to introduce new variants in the market to stay competitive.
The rising demand for decaffeinated instant coffee is propelling market players to introduce such products.The global instant coffee market has been segmented based on category, type, distribution channel, and region.Based on category, the global instant coffee market has been segmented into traditional and decaffeinated.
The traditional instant coffee segment gained the higher market share in 2018 owing to the high sales volume among retail consumers.
The spray-dried segment is expected to be larger during the forecast period because of the growing demand for the powdery texture of spray-dried instant coffee, which enables quick dissolution in hot water or milk.
This can be attributed to the better retention of aroma and flavor of freeze-dried instant coffee as compared to spray-dried instant coffee.Based on distribution channel, the global instant coffee market has been classified as store-based and non-store-based.
The store-based segment has further been segregated into supermarkets and hypermarkets, convenience stores, and others.
The number of coffee consumers has increased considerably across the globe, which has prompted coffee producers to introduce new variants in the market to stay competitive.
The rising demand for decaffeinated instant coffee is propelling market players to introduce such products.The global instant coffee market has been segmented based on category, type, distribution channel, and region.Based on category, the global instant coffee market has been segmented into traditional and decaffeinated.
However, the decaffeinated segment is expected to register the higher growth rate owing to shifting consumer preferences for coffee with a low caffeine content.Access Report Details @ https://www.marketresearchfuture.com/reports/instant-coffee-market-7834By type, the global instant coffee market has been divided into freeze-dried and spray-dried.
The spray-dried segment is expected to be larger during the forecast period because of the growing demand for the powdery texture of spray-dried instant coffee, which enables quick dissolution in hot water or milk.
This can be attributed to the better retention of aroma and flavor of freeze-dried instant coffee as compared to spray-dried instant coffee.Based on distribution channel, the global instant coffee market has been classified as store-based and non-store-based.
The store-based segment has further been segregated into supermarkets and hypermarkets, convenience stores, and others.
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Market HighlightsGlobal Baking Mixes Market is estimated to be valued at USD 2,890.7 Million by 2026, registering a CAGR of 4.23% during the forecast period.
Increasing affluence combined with faster-paced lifestyles is driving willingness to skip meals at home and spend on food and snacks ‘on-the-go’ is driving the growth of baking mixes market.North America was the largest market for baking mixes in 2019.
The expanding product portfolio of baking mixes by the key manufacturers is one of the significant factors driving the growth of the baking mixes market in the region.The global baking mixes market is projected to register a notable growth rate during the forecast period.
Furthermore, the growth of the organized retail sector in Asia-Pacific supports the growth of the global baking mixes market.
Furthermore, stringent regulatory environment restrictions are hindering the growth of the global baking mixes market.Segmental AnalysisGlobal Baking Mixes Market has been segmented on the basis of Product Type, Category, End-Use, Distribution Channel and Region.By product type, the market has been divided into cookie & biscuit mixes, cake, pastry & muffin mixes, bread mixes, and others.
However, the bread mixes segment is projected to be the fastest-growing segment during the forecasted period.Based on category, the market has been segmented into conventional and gluten-free.
Market ForecastThe global Bakeware Market size is expected to cross USD 11 Billion by 2027 at a CAGR of 4.5% during the forecast period of 2020 to 2027.
There are several regional and international players operating in the business of offering bakeware, making it a highly competitive market.
Additionally, government restrictions regarding the use of plastic in various countries and increasing consumer shift towards environment-friendly products reduce the scope of entry for new players.
Existing market players are focusing on reducing production costs to compete in the cut-throat market and are engaging in strategic expansions to strengthen their businesses worldwide and survive in the Bakeware MarketKey Players of Bakeware MarketMoriba Silicone Private Limited (India)Indigo Metalware (India)Kaiser Bakeware (Germany)Reynolds Consumer Products LLC (US)The Oneida Group Inc. (US)Primma G.R.A.
(Canada)Calphalon, LLC (US)USA PAN (US)Wonderchef Home Appliances Pvt.
Ltd (India)Nordic Ware (US)Growth Opportunities in the Bakeware MarketRising consumption of cupcakes to render growth opportunities to the cups segment: The growth of the segment can be attributed to the increasing consumption of cupcakes across the globe.
One part is about its production and the other part is about its consumption.
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Key players in global Polyurethane Adhesives & Sealants market include:
Market segmentation, by product types:
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