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Tank Insulation Market: Revenue and growth prediction till 2028 [news]

Tank Insulation Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2022 to 2028. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. Tank insulation market is likely to grow from USD 4.94 billion in 2021 to USD 6.78 billion by 2028 at a healthy CAGR of 4.58% during the forecast period. The market for tank insulation is majorly propelled by the huge production of oil across the globe, rising demand from end-use industries, such as oil & gas, chemical, and energy & power for the storage of oil, and stringent regulations to insulate tanks.
Market Segments' Analysis
According to Stratview Research, the Tank Insulation Market is segmented by Material Type (PU & PIR, Rockwool, Fiberglass, Elastomeric Foam, EPS, Cellular Glass, and Others), by Type (Storage Tank Insulation, Transportation Tank Insulation), by Temperature Type (Cold Insulation, Hot Insulation), by End-Use Industry Type (Oil & Gas, Chemical, Food & Beverage, Energy & Power, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Based on the material type, the market is segmented as PU & PIR, rockwool, fiberglass, elastomeric foam, EPS, cellular glass, and others. The polyurethane (PU) & polyisocyanurate (PIR) held the largest share of the market in 2021, and is expected to remain dominant during the forecast period owing to its properties, such as lightweight, moisture and fire resistant. Further, low thermal conductivity and density provides better structural performance.
Based on the type, the market is segmented as storage tank insulation and transportation tank insulation. The storage tank insulation segment held the larger share of the market in 2021, and is expected to remain dominant during the forecast period due to its increasing demand from end-use industries such as oil & gas, chemical, and energy & power for the storage of oil, chemicals, LNG, and thermal energy.
Top key vendors in the market:
The report mentions a list of key players in the Tank Insulation Market. Some of them are mentioned below –
• Rockwool International A/S
• Owens Corning
• Saint-Gobain
• Kingspan Group
• Armacell International S.A.
• Cabot Corporation
• Johns Manville
• Knauf Insulation
• BASF SE
• Covestro AG
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Soothing Soles: Exploring the Growing Foot Care Products Market [news]

Our feet, often the unsung heroes of our daily lives, carry us through countless steps, adventures, and challenges. Yet, they often don't receive the attention and care they truly deserve. Fortunately, the growing foot care products market is here to change that narrative.

From creams to insoles, from high-tech solutions to age-old remedies, this market is expanding to meet the diverse needs of consumers looking to pamper and prioritize their feet.

The Importance of Foot Care: A Foundation for Wellness
It's easy to overlook our feet when considering our overall well-being, but they play a pivotal role in maintaining our quality of life. Aches, pains, and discomfort in our feet can affect our mobility, posture, and even our mood. Moreover, our feet are prone to various issues such as dryness, calluses, fungal infections, and more. This has led to a heightened awareness of foot health and an increased demand for products that address these concerns.

According to Stratview Research, The Foot Care Products Market is expected to grow from USD 3.34 billion in 2022 to USD 5.05 billion by 2028 at a healthy CAGR of 7.13% during the forecast period of 2023-2028.

To know more about the report, please visit:
https://www.stratviewresearch.com/1583/foot-care-products-market.html

Feet suffered from blisters to ingrown toenails to arthritis, and injured feet are a public health concern. The American Academy of Orthopaedic Surgeons (AAOS) reports that around 43.1 million residents in the US suffer from foot problems which nearly equals 1 in every 6 people.

Foot care products include all products in the remedial and preventive care of foot and ankle. Every person walks around 115,000 miles during his/her average lifetime, and about 30% of people face foot problems at some point in their lives.

The Driving Factors Behind the Growth
Several factors are contributing to the growing foot care products market:
1. Awareness and Education: People are becoming more conscious of the importance of foot care. The availability of information through the internet and social media has educated consumers about foot-related problems and the solutions available.
2. Aging Population: With an aging global population, foot issues related to age, such as joint problems and skin conditions, are becoming more common. This demographic is actively seeking products that offer relief and comfort.
3. Athletic Lifestyle: The rise in fitness and sports activities has generated a demand for specialized foot care products. Athletes and fitness enthusiasts require products that enhance performance, support, and prevent injuries.
4. Fashion and Comfort: The desire for stylish yet comfortable footwear has encouraged the development of products like gel cushions, arch supports, and blister prevention solutions.
5. Technology and Innovation: Advances in technology have led to the creation of smart insoles, foot massagers, and electronic callus removers, offering consumers modern solutions to age-old problems.

Diverse Range of Foot Care Products
The foot care products market has evolved beyond basic creams and ointments. Here are some categories that highlight the market's diversity:
1. Moisturizing and Exfoliating: Foot creams, lotions, and scrubs help keep the skin soft and hydrated while removing dead skin cells.
2. Orthotics and Insoles: These products provide additional support, alignment, and cushioning. They're especially beneficial for people with flat feet or high arches.
3. Foot Massagers: Ranging from manual rollers to electronic devices, foot massagers relieve tension, improve circulation, and enhance relaxation.
4. Nail Care: Products for trimming, filing, and treating toenails cater to those dealing with ingrown nails or fungal infections.
5. Foot Masks and Treatments: Similar to face masks, these treatments help rejuvenate and invigorate tired feet.
6. Antifungal and Antibacterial Solutions: Creams and sprays combat fungal and bacterial infections that can lead to discomfort and odor.
7. Specialized Athletic Products: Socks, insoles, and blister prevention patches designed for athletes and active individuals offer enhanced comfort and performance.

Online Shopping: Convenience and Access
The rise of e-commerce has significantly impacted the foot care products market. Consumers can now explore and purchase a wide range of products from the comfort of their homes. Online platforms offer detailed product descriptions, customer reviews, and even expert recommendations, empowering consumers to make informed choices.

The Road Ahead: Opportunities and Trends
The foot care products market is poised for further growth as it continues to innovate and adapt to changing consumer needs:
1. Sustainability: Consumers are increasingly conscious of the environmental impact of their purchases. This has led to a rise in eco-friendly and sustainable foot care products.
2. Natural Ingredients: Products featuring natural and herbal ingredients are gaining popularity as consumers seek gentler and holistic solutions.
3. Personalization: Customizable products, such as orthotics tailored to an individual's foot shape, are gaining traction for their personalized benefits.
4. Tech-Driven Solutions: The integration of technology, such as mobile apps that analyze gait and posture, is likely to revolutionize how foot care products are designed and used.

In Conclusion
The growing foot care products market is a testament to the increasing importance of foot health in our lives. From essential creams to high-tech gadgets, the industry is catering to a diverse range of needs and preferences. As consumers continue to prioritize self-care and wellness, the foot care products market is expected to keep expanding, offering innovative solutions that soothe our soles and uplift our spirits. So why wait? Treat your feet to the care they deserve and take a step towards a healthier, more comfortable future.

About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
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