Instrumentation Services Market to Reach USD 57.05 Billion by 2032, Driven by Industrial Automation and Strategic Initiatives

The global instrumentation services market is projected to grow from USD 33.46 billion in 2023 to USD 57.05 billion by 2032, at a compound annual growth rate (CAGR) of 6.1% during the forecast period (2024–2032). This growth is primarily driven by the increasing adoption of industrial automation technologies across various sectors, including manufacturing, pharmaceuticals, oil and gas, and utilities.

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Instrumentation Services: A Critical Component in Industrial Operations

Instrumentation services encompass the installation, calibration, maintenance, and repair of instruments used to measure, control, and monitor industrial processes. These services ensure the accurate and reliable operation of devices such as sensors, meters, gauges, and controllers, thereby enhancing productivity, safety, and quality standards across industries.

Market Dynamics

Drivers:

• Industrial Automation: The growing adoption of automation technologies in industries is a primary growth driver. As organizations integrate automation to optimize production, reduce labor costs, and improve operational efficiency, the demand for instrumentation services rises. Additionally, the increasing complexity of industrial processes and the need for precision and accuracy further amplify market demand.
• Strategic Initiatives: Companies in the instrumentation services industry are undertaking strategic initiatives such as mergers and acquisitions, collaborations, and expansions to enhance their market share and capabilities. Notable moves include Allied Valve’s acquisition of Great Lakes Process Controls, Inc. in February 2022 and Gemspring Capital Management LLC’s controlling stake acquisition in JTI Electrical & Instrumentation in January 2022.

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Restraints:

• High Initial Investment: The market faces challenges due to high initial investments required for procuring advanced equipment, hiring skilled personnel, and maintaining infrastructure. These substantial financial resources can limit accessibility for startups and smaller players, potentially slowing market expansion.

Regional Insights

• North America: Dominates the global market, fueled by high demand for process instrumentation across industries, including aviation. The U.S. airline industry alone generates approximately USD 1.7 trillion in economic activity and over 10 million jobs, driving the need for precise instrumentation services.
• Asia-Pacific: Witnesses rapid industrialization in manufacturing, energy, chemicals, pharmaceuticals, and healthcare sectors, creating strong demand for advanced instrumentation solutions and intelligent systems enabled by Industry 4.0 and IoT technologies.

Market Size of Related Industries

• Industrial Maintenance Services Market: Valued at approximately USD 57.60 billion in 2024, the industrial maintenance services market is expected to reach USD 102.21 billion by 2034, growing at a CAGR of 5.90% from 2025 to 2034. This growth is driven by the increasing need for asset longevity and reliability across various industries.
• Geotechnical Services Market: Valued at USD 6.1 billion in 2023, the geotechnical services market is projected to grow to USD 9.5 billion by 2032, at a CAGR of 6.1%. The need for geotechnical services is experiencing a notable increase due to ongoing infrastructure development.

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Key Players in the Instrumentation Services Market

• Agilent Technologies
• Charnwood Instrumentation Services Ltd
• TRESCAL
• ABB Group
• KROHNE
• Utilities Instrumentation Service, Inc.
• Schneider Electric
• Siemens AG
• Honeywell International Inc.
• Miraj Instrumentation Services (I) Pvt. Ltd.
• Endress+Hauser Group Services AG
• Emerson Electric Co.
• Rockwell Automation, Inc.
• Yokogawa Electric Corporation

Recent Developments

• January 2024: Cablecraft Motion Controls acquired the Wholesale Distribution and Custom Manufacturing Service businesses from Instrument Sales & Service, enhancing its capabilities in motion control products.
• December 2023: Censof Holdings Bhd was awarded a contract for RM9.46 million by the Road Transport Department (JPJ) for the provision of maintenance, verification, and calibration services for 48 weighing instruments at enforcement stations.

Conclusion

The global instrumentation services market is poised for robust growth as industrial automation, strategic acquisitions, and technological advancements continue to transform industrial operations. Companies operating in this space are focusing on enhancing their service offerings and expanding their market presence to capitalize on the growing demand for precise and reliable instrumentation services.

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Animal Feed Additives Market to Reach USD 82.57 Billion by 2033, Driven by Rising Probiotics Demand and Sustainable Farming Practices

The global animal feed additives market size was valued at USD 47.24 billion in 2024 and is projected to reach USD 82.57 billion by 2033, growing at a CAGR of 6.4% during the forecast period (2025–2033). Feed additives in animal nutrition play a pivotal role in improving animal growth, health, and feed digestibility, ensuring efficient livestock and aquaculture production.

Market Overview Feed additives, which include amino acids, vitamins, enzymes, probiotics, and essential oils, are used to enhance the quality of animal feed. They support immune function, stress resistance, and reproduction. Feed additives may be nutritive or non-nutritive, with products carefully evaluated for safety to prevent harmful effects on humans, animals, or the environment.

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Growth Drivers

• Rising prominence of probiotics: Probiotics are emerging as a natural alternative to antibiotics, improving gut microbial balance and feed conversion rates.
• Demand for antibiotic alternatives: Regulatory bans on antibiotic growth promoters in countries such as the US, EU, China, and India are driving the adoption of natural feed additives.

Market Restraints

• Shift to plant-based proteins: Rising consumer preference for plant-based proteins and reduced meat consumption in markets like the US and UK may impact the demand for animal feed additives.

Opportunities

• Sustainable animal nutrition: Consumers increasingly demand chemical-free and eco-friendly feed solutions, creating opportunities for manufacturers to differentiate through innovation.

Regional Insights

• Asia-Pacific: Largest market due to a large livestock population, with China, India, and Australia leading demand.
• Europe: Fastest-growing region, driven by meat production, antibiotic bans, and increased adoption of eubiotics and feed enzymes.
• North America: Key market with major players such as Cargill, ADM, Alltech, and Kemin Industries, supported by high meat consumption and feed innovation.
• Latin America: Significant demand in Brazil, Mexico, and Argentina, driven by rising meat exports and livestock production.
• Middle East & Africa: Emerging market with growth in poultry feed additives and government support for livestock farms.

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Species Insights

• Poultry: Dominates the market due to high demand for eggs and meat.
• Cattle: Growing segment fueled by milk and dairy demand.

Product Insights

• Amino acids: Key for muscle and tissue development.
• Vitamins: Essential for growth, lactation, and livestock health.

Form Insights

• Liquid feed additives: Popular for ease of use and nutrient-rich formulations.
• Dry feed additives: Fastest-growing due to convenience, storage, and spill-proof handling.

Key Market Players

1. BASF SE
2. Archer Daniels Midland Company (ADM)
3. Cargill, Incorporated
4. Evonik Industries AG
5. Koninklijke DSM N.V.
6. Novozymes A/S
7. DuPont de Nemours, Inc.
8. Adisseo France SAS
9. Alltech, Inc.
10. Kemin Industries, Inc.

Recent Developments

• March 2023: Volac launched a new feed additives division to support net-zero initiatives.
• January 2023: Nutreco and BiomEdit partnered to develop novel feed additives using microbiome science and bioinformatics.

Conclusion

The animal feed additives market is poised for significant growth, driven by increasing awareness of animal nutrition, the adoption of natural additives, and sustainable farming practices. Manufacturers focusing on probiotics, amino acids, vitamins, and eco-friendly feed solutions will capitalize on market opportunities through 2033.

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About Straits Research

Straits Research provides comprehensive market research reports with detailed insights, strategic analysis, and growth forecasts across industries globally.

Frequently Asked Questions (FAQs)

• How big is the animal feed additive market?
• What are the preservatives used in animal feed?
• What types of chemicals are often added to animal feed?
• What are the fillers in animal feed?

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Curcumin Market to Reach USD 418.28 Million by 2033 | Rising Demand for Turmeric & Curcumin Supplements Driving Growth – Straits Research

According to Straits Research , the global curcumin market size was valued at USD 108.05 million in 2024 and is projected to grow from USD 125.58 million in 2025 to USD 418.28 million by 2033, expanding at a CAGR of 16.23% during the forecast period (2025–2033).

Curcumin, the active compound found in turmeric (Curcuma longa), is widely recognized for its anti-inflammatory, antioxidant, and therapeutic properties. Consumers are increasingly turning to turmeric and curcumin supplements, including those with piperine (black pepper extract that boosts absorption), for their wide-ranging health benefits. Whether marketed as caribou turmeric curcumin, curcumin supplement, or through global retailers like curcumin Holland and Barrett, demand is accelerating worldwide.

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Market Drivers

• Natural Cosmetics Trend: Countries like Germany, Italy, and Spain are adopting turmeric with curcumin in skincare products. Known in regional languages such as curcumin svenska, curcumin dansk, and curcumin norsk, these products are preferred for their natural, chemical-free formulations.
• Rising Health Consciousness: Curcumin is increasingly promoted as the best curcumin option for immunity, joint health, and digestive well-being. In Turkey, consumers frequently search curcumin faydaları ve zararları (curcumin benefits and side effects), showing its global popularity.
• E-commerce Surge: With online platforms like curcumin Amazon making supplements widely available, accessibility has never been higher.

Market Restraints

While curcumin in turmeric is widely used, substitutes like mustard powder or synthetic additives provide low-cost alternatives. Supply chain dependence on India, China, and Southeast Asia can create bottlenecks, limiting steady market growth.

Application Insights

• Pharmaceuticals: Accounting for 51% of revenues, curcumin is widely researched for chronic disease management. However, is curcumin approved by the FDA? – Currently, the U.S. Food & Drug Administration has not approved curcumin as a drug, but it is classified as “Generally Recognized As Safe (GRAS)” for use as a dietary supplement and food additive.
• Cosmetics: Used in anti-aging and UV-protection creams due to its antioxidant properties.
• Food & Beverages: Increasingly used in turmeric-flavored drinks, curry powders, cheeses, and mustards.

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Regional Insights

• North America: The U.S. turmeric and curcumin market continues to expand rapidly. How big is the turmeric market in the US? According to recent estimates, the U.S. turmeric supplements market is valued at over USD 100 million annually, making it one of the most lucrative regions for herbal supplements.
• Europe: With the strong presence of natural cosmetics brands and growing use of curcumin supplements, Europe is forecasted to grow at a CAGR of 16.7%.
• Asia-Pacific: Home to turmeric cultivation, countries like India are leading exporters of turmeric with curcumin products, which are used both in food and traditional Ayurvedic medicine.

Key Players

• Biomax Life Sciences Ltd.
• Synthite Industries Ltd.
• S V Agro Foods
• Arjuna Natural Ltd.
• Herboveda India Pvt. Ltd.

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Frequently Asked Questions (FAQs)

• How big is the turmeric market in the US?
• Do turmeric and curcumin mean the same thing?
• Is curcumin approved by the FDA?
• Is curcumin legal?
• What is curcumin used for?

About Straits Research

Straits Research is a global market intelligence and consulting firm that provides actionable insights across industries. Our detailed research reports help organizations identify opportunities, assess challenges, and make informed strategic decisions.

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Tunnel Boring Machine Market Size to Surpass USD 11,498.93 MN by 2033 | Growing at 6.2% CAGR, Driven by Metro Rail & Infrastructure Projects Worldwide

According to a new study by Straits Research, the Global Tunnel Boring Machine (TBM) Market was valued at USD 6,691.7 million in 2024 and is projected to expand from USD 7,106.59 million in 2025 to USD 11,498.93 million by 2033, registering a CAGR of 6.2% (2025–2033).

A tunnel boring machine (TBM)—also known as a tunnel drilling machine, tunnel digging machine, or horizontal boring machine—is advanced equipment designed to excavate tunnels in soft soil, hard rock, or mixed geological conditions. They are widely deployed in metro rail construction, road transport, mining, water supply, oil & gas pipelines, and utility projects.

With rising demand for urban transportation systems and underground infrastructure, TBMs are now essential for high-speed metro projects, channel tunnel construction, and long-distance rail networks. Countries such as India, China, Japan, Germany, and the U.S. are leading adopters of tunnel boring machines.

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Market Drivers & Opportunities

• Metro Rail & Highway Development: Growing adoption of TBM machines in India’s metro rail projects, Europe’s channel tunnel expansions, and U.S. road tunneling activities is a primary growth driver.
• Micro Tunnel Boring Machines: Demand for micro tunnel boring machines (MTBM) is rising for small-diameter tunnels in water supply, wastewater, and sewer systems. Cities in Canada, Mexico, and Japan are investing heavily in these machines to overcome space constraints.
• Cost & Speed Efficiency: Although the tunnel boring machine cost remains high compared to drill-and-blast techniques, TBMs offer superior speed, safety, and long-term cost efficiency, reducing project timelines significantly.
• Technology Integration: TBMs are now equipped with automation, real-time monitoring, wireless communication, and advanced cutterhead designs, making tunneling safer and more efficient.

Regional Highlights

• Asia-Pacific: Expected to remain the most lucrative region, growing at a CAGR of 6.7%, driven by India’s metro expansion projects, China’s high-speed rail tunnels, and Southeast Asia’s rising investments in underground transport.
• Europe: Growth supported by mega tunneling projects like the Thames Tideway Tunnel (UK) and the di Valico tunnel (Italy) using Herrenknecht TBMs.
• North America: The U.S. continues investing in tunnel boring machines for highways, metros, and water management projects, while Canada is advancing in micro-tunneling for sewer and wastewater projects.

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Leading Manufacturers of Tunnel Boring Machines

• Herrenknecht AG
• Hitachi Zosen Corporation
• Kawasaki Heavy Industries, Ltd.
• Komatsu Ltd.
• TERRATEC Ltd.
• The Robbins Company (Northern Heavy Industries Group)
• Akkerman Inc.
• XCMG Group
• IHI Corporation
• Amberg Engineering

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• Do they leave tunnel boring machines underground?
• What is the price of a TBM in India?
• What is the speed of a tunnel boring machine?
• Which companies make tunnel boring machines?

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Printing Inks Market Size to Reach USD 24.03 Billion by 2033 | Demand for Flexographic Printing Inks & Sustainable Solutions Driving Growth

According to the latest research report, the global Printing Inks Market was valued at USD 18.05 billion in 2024 and is projected to expand from USD 18.58 billion in 2025 to USD 24.03 billion by 2033, at a CAGR of 2.9% during the forecast period (2025–2033).

Printing inks are essential for packaging, labeling, commercial printing, and publishing, with increasing demand from flexographic printing inks manufacturers, screen printing inks producers, and digital ink developers. Market players such as Continental Printing Inks and Teikoku Printing Inks are focusing on advanced formulations to meet the rising need for eco-friendly and high-performance inks.

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Market Overview

Historically used for newspapers and publications, printing inks are now dominated by packaging and labeling applications. Flexible packaging solutions, especially in the food and beverage sector, have boosted the adoption of gravure inks, flexographic inks, and UV-curing inks.

Furthermore, the shift toward sustainable inks with low VOC content is accelerating, supported by regulations and innovations in screen printing inks, water-based inks, and energy-curing inks.

Regional Insights

• North America: Expected to reach USD 10.43 billion by 2030 with strong demand in digital textile printing and packaging.
• Asia-Pacific: Projected to grow at the highest CAGR of 3.1%; China, India, and Japan lead demand for flexographic printing inks in packaging.
• Europe & LATAM: Moderate growth driven by commercial printing and food packaging.
• Middle East & Africa: Growth varies by region, supported by consumer goods and publishing.

Printing Inks Market Segmentation

• By Product: Gravure, Lithographic, Flexographic, Digital Printing, Others
• By Resin: Modified Rosin, Modified Cellulose, Acrylic, Polyurethane, Others
• By Application: Packaging & Labels, Corrugated Cardboards, Commercial Printing/Publishing, Others
• By Region: North America, Europe, Asia-Pacific, Middle East & Africa, Latin America

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Product & Application Insights

• By Product: Lithographic inks dominate; flexographic inks are growing rapidly due to packaging demand.
• By Resin: Acrylic-based inks remain the most in-demand due to durability.
• By Application: Packaging & labels lead, followed by corrugated cardboard and commercial printing.

Key Players in the Printing Inks Market

• Sun Chemical (DIC Corporation)
• Flint Group
• ALTANA
• Toyo Ink SC Holdings Co. Ltd.
• Siegwerk Druckfarben AG & Co. KGaA
• Continental Printing Inks
• Teikoku Printing Inks
• SAKATA INX CORPORATION
• FUJIFILM Corporation
• Huber Group Deutschland GmbH

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Frequently Asked Questions (FAQs)

1. Which ink is best for printing? The best ink depends on the application. For packaging and labels, flexographic printing inks are widely preferred due to their ability to print on diverse substrates. For commercial printing, lithographic inks dominate, while digital and UV-curing inks are best suited for fast, high-quality printing.

2. What are the four basic printing inks? The four standard printing inks used in the CMYK model are:

• Cyan
• Magenta
• Yellow
• Black (Key)

3. What is ink for printing? Printing ink is a colored liquid or paste containing pigments, binders, solvents, and additives used to transfer text, images, and designs onto paper, cardboard, plastics, textiles, and packaging materials.

4. What are the different types of printer inks? The major types of printing inks include:

• Flexographic printing inks – used for packaging and labeling.
• Screen printing inks – used for textiles, signage, and specialty surfaces.
• Lithographic inks – used in commercial printing like books and magazines.
• Digital inks – including inkjet and laser inks for high-speed printing.
• Gravure inks – for high-volume printing such as catalogs and flexible packaging.

About Straits Research

Straits Research is a leading market intelligence and consulting firm delivering data-driven insights across industries. Our reports provide actionable intelligence on emerging trends, key players, and growth opportunities to help businesses make informed decisions.

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Superfood Market to Reach USD 271.63 Billion by 2033 Amid Rising Health Awareness and Innovation

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According to Straits Research, the global superfood market was valued at USD 186.78 billion in 2024 and is projected to grow to USD 271.63 billion by 2033, at a CAGR of 4.25% from 2025 to 2033. Superfoods are nutrient-dense foods widely recognized for boosting immunity, enhancing energy, and reducing the risk of chronic diseases. Common examples include blueberries, kale, quinoa, chia seeds, and salmon.

Consumers increasingly search for questions like “Is spinach a superfood?”, “What is superfood?”, and “How big is the superfood powder market?”, reflecting rising interest in functional nutrition. Popular superfood brands and products such as Blume Superfood Latte, Fluff Superfood, The Blend Superfood Bar, Awaken Superfood Chocolate, Sunrise Superfood Cafe, Laird Superfood, Body Superfood, and Elemis Superfood are shaping global trends.

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Market Drivers and Trends

The surge in health consciousness, particularly post-COVID-19, is driving adoption of green superfood powders, superfood bars, and superfood blends. Consumers increasingly prefer natural, organic, and clean-label options. Fitness enthusiasts and millennials are fueling demand for products that support immunity, energy, and overall wellness.

Innovation is a key trend, with companies introducing convenient formats like superfood powders, gummies, and ready-to-drink beverages. For example, Grüns Daily Gummies combine over 60 whole-food ingredients, supporting hair, skin, nails, brain function, and immunity.

Regional Insights

• North America: High demand for organic, non-GMO, and gluten-free products. Brands like Navitas Organics and Amazing Grass lead the market.
• Asia-Pacific: Growing urbanization and disposable incomes drive demand. Indigenous superfoods like moringa, turmeric, and ashwagandha are gaining traction in India and Southeast Asia. E-commerce platforms enhance access to imported and domestic products.
• Europe: Growth fueled by eco-conscious consumers and plant-based diets. Popular items include chia seeds, spirulina, and acai, with strong demand in Germany and the UK.

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Market Opportunities and Challenges

The high cost of superfood products limits access in developing regions, but innovations in fortified functional foods—incorporating nutrient-rich ingredients like spirulina, moringa, and chia seeds—present growth opportunities. Companies are leveraging sustainability, clean-label trends, and digital marketing to reach a broader audience.

Frequently Asked Questions (FAQs)

• What is the value of the superfood market? – USD 186.78 billion in 2024, projected to reach USD 271.63 billion by 2033.
• Is the Superfoods company legit? – Multiple established superfood companies are operating globally, including Laird Superfood, Navitas Organics, and Organic India.
• How big is the superfood powder market? – Rapidly growing due to convenience, longer shelf life, and use in smoothies, shakes, and energy drinks.
• What are top 10 superfoods? – Blueberries, kale, quinoa, chia seeds, acai, goji berries, spinach, turmeric, spirulina, and moringa.

Distribution and Application

Supermarkets, hypermarkets, online retail, and specialty health stores are key channels. Superfood powders, bars, and cleansers are being integrated into food & beverages, dietary supplements, and skincare products, reflecting broad applications.

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Key Players

1. Sunfood Superfoods
2. Superlife Co. Pte Ltd
3. Navitas Organics
4. Healthy Truth
5. Your Super
6. APAX Group
7. Organic India Pvt. Ltd.

Analyst Opinion

“Rising consumer focus on preventive healthcare, functional nutrition, and plant-based diets is set to drive steady growth in the superfood market. Product innovation, digital retail expansion, and regional superfood blends will enhance adoption globally,” said a Straits Research analyst.

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Barbeque Grill Market Set to Reach USD 8.31 Billion by 2033, Driven by Rising Demand for Gas, Charcoal, and Smart Grills

The global barbeque grill market is expected to grow from USD 5.79 billion in 2025 to USD 8.31 billion by 2033, at a CAGR of 4.61%, fueled by increasing outdoor cooking trends, rising disposable incomes, and smart grill innovations, according to Straits Research.

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Market Overview & Growth Drivers

Consumers are embracing outdoor cooking with barbeque grills, including natural gas barbeque grills, charcoal grills, and electric grills, for home gatherings, patios, and commercial setups. Restaurants like Barbeque Nation Ludhiana, Barbeque Nation Lucknow, Barbeque Nation Chandigarh, Absolute Barbecue, Pirates of Grill Lucknow, Pirates of Grill Delhi, Grill Box Mylapore, and Themis Barbeque are further popularizing grilling culture.

The availability of versatile grills, such as barbeque grill gas, barbeque charcoal grill, and portable BBQ grills, is driving adoption. The influence of food media, celebrity chefs, and cooking shows has heightened interest in grilling cuisine, making it a staple in urban households.

Trends & Innovations The market is witnessing a shift towards eco-friendly grills and smart grills, offering features like AI-assisted cooking and energy-efficient designs. Innovative products like Brisk’s Zelos 450 electric wood pellet grill and Weber’s Summit FS38X Smart Grill are making grilling safer, faster, and more accessible.

Key Market Queries Answered:

• What is the difference between a barbeque and a grill? A barbeque typically uses slow-cooking with smoke over low heat, while a grill cooks food quickly over direct high heat.
• What is the #1 grill brand? Weber-Stephen Products LLC is globally recognized as the leading grill brand for quality and innovation.
• How much should you spend on a barbeque? Depending on features, fuel type, and size, consumers typically spend between USD 150 to USD 1,500, with smart and commercial models on the higher end.

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Regional Insights

• North America: Strong outdoor cooking culture, adoption of gas and charcoal grills, and smart grill trends.
• Asia-Pacific: Rapidly expanding markets in India, China, and Australia; rising middle-class populations and restaurant-driven adoption.
• Europe: Focus on sustainable and compact electric grills; high adoption of smokeless models in urban areas.

Product & Application Insights

• Gas grills dominate due to convenience, precise temperature control, and cleaner fuel options.
• Charcoal grills remain popular for authentic flavor and outdoor experiences.
• Commercial applications include restaurants, hotels, and catering services, requiring high-capacity, durable grills.

Distribution ChannelsSupermarkets, hypermarkets, specialty stores, and online platforms are key channels for grill sales, ensuring wide reach and seasonal promotions.

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Key Players in the Global Barbeque Grill Market

• Weber-Stephen Products LLC
• The Coleman Company, Inc.
• Char-Broil LLC
• Traeger Pellet Grills LLC
• Landmann Group
• Nexgrill Industries, Inc.
• Broil King
• Kenmore
• Bull Outdoor Products, Inc.
• Fire Magic Grills

Recent innovations, including smart AI-enabled grills and compact portable models, are transforming outdoor cooking trends globally.

Barbeque Grill Market Segmentations

• By Product Type: Gas, Charcoal, Electric
• By Application: Household, Commercial
• By Distribution Channel: Supermarkets & Hypermarkets, Specialty Stores, Online, Others
• By Region: North America, Europe, APAC, Middle East & Africa, LATAM

About Straits Research

Straits Research provides detailed market insights, forecasts, and analyses to help businesses understand trends, explore opportunities, and make data-driven decisions.

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Composite Utility Pole Market to Reach USD 5.69 Billion by 2033 | Rising Demand for Durable, Eco-Friendly Infrastructure

The global demand for composite utility poles is rising as utilities and governments look for durable, lightweight, and eco-friendly infrastructure solutions. According to a report by Straits Research, the composite utility pole market size was valued at USD 3.07 billion in 2024 and is projected to grow from USD 3.29 billion in 2025 to USD 5.69 billion by 2033, registering a CAGR of 7.1% during the forecast period (2025–2033).

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What are composite utility poles?

Composite utility poles are engineered poles made of advanced materials such as fiberglass, resin, and fiber-reinforced polymers (FRP). Unlike wood or steel poles, they are highly resistant to corrosion, moisture, termites, and extreme weather. Their longer service life, reduced maintenance costs, and lightweight nature make them ideal for power distribution, telecom networks, and smart city infrastructure.

What are the three types of poles?

Utility infrastructure primarily relies on three types of poles:

1. Wooden Poles – Traditional, low-cost, but vulnerable to decay and pests.
2. Steel/Concrete Poles – Stronger and widely used but heavy, costly to transport, and prone to corrosion.
3. Composite Poles – Lightweight, eco-friendly, and increasingly adopted for grid modernization and climate-resilient infrastructure.

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What are the different types of utility poles?

Utility poles vary depending on application:

• Power Distribution Poles – Backbone of electricity grids in urban and rural areas.
• Telecommunication Poles – Supporting mobile towers, fiber optic networks, and 5G rollouts.
• Street Lighting Poles – Used in highways, urban centers, and public projects.
• Specialized Poles – Designed for disaster-prone regions and integrated with smart technologies.

What materials are used for utility poles?

Utility poles are commonly manufactured from:

• Wood (traditional, but less sustainable)
• Steel/Concrete (durable but heavy and high-maintenance)
• Composite Materials – such as FRP (Fiber Reinforced Polymer), GFRP (Glass Fiber Reinforced Polymer), and CFRP (Carbon Fiber Reinforced Polymer). These materials deliver superior strength-to-weight ratio, non-conductivity, and environmental sustainability.

Market Outlook

The composite utility pole market is expanding globally, driven by:

• Grid modernization programs in the U.S., China, and Europe.
• Green infrastructure initiatives aligned with climate action policies.
• Rapid electrification and telecom expansion across Asia-Pacific and Latin America.

North America leads adoption due to wildfire- and storm-resilient infrastructure needs, while Asia-Pacific is projected to witness the fastest growth, especially in India and China.

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Key Market Players

• Valmont Industries Inc.
• RS Technologies Inc.
• Geotek LLC
• Creative Pultrusions Inc.
• Strongwell Corporation
• Europoles GmbH & Co. KG
• Hill & Smith Holdings PLC

Conclusion

As the global energy and telecom sectors continue to modernize, composite utility poles are emerging as the preferred alternative to wood and steel. Their strength, sustainability, and adaptability make them a crucial element in building resilient, future-ready infrastructure.

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Roofing Materials Market Size to Reach USD 188.59 Billion by 2033 | Demand Rises for Metal Roofing, Fiberglass, and Solar Roofing Solutions

Explore the Full Report: Straits Research Roofing Materials Market Report – Access Portal

According to a new report published by Straits Research, the global roofing materials market was valued at USD 135.40 billion in 2024 and is projected to grow from USD 140.48 billion in 2025 to USD 188.59 billion by 2033, expanding at a CAGR of 3.75% during the forecast period (2025–2033).

The roofing industry is experiencing rapid growth due to sustainability trends, urbanization, and the adoption of innovative roof materials across residential, commercial, and industrial sectors. From roofing shingles and flat roofing materials to metal roofing materials and fiberglass roofing materials, manufacturers are diversifying their portfolios to meet evolving customer preferences.

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Market Dynamics

• Construction Boom & Renovation Trends – Rising demand for roofing materials for sheds, pergolas, and low-slope roofing materials is expanding the residential and outdoor living segments.
• Sustainability & Energy Efficiency – Builders are increasingly turning to solar shingles, reflective coatings, and eco-friendly roof coverings to lower energy costs and carbon footprints.
• Convenience & Accessibility – Suppliers like ABC Supply and retailers such as Lowe’s are making metal roofing materials near me searches more relevant, with expanded distribution networks ensuring faster availability of roof supplies.
• Technological Innovation – New launches, such as hail-proof recycled shingles and fiberglass roof systems, are setting higher benchmarks for durability and weather resistance.

Regional Highlights

• Asia Pacific – Growth led by residential roofing shingles and metal roofing for urban housing projects.
• North America – Strong demand for flat roofing materials in commercial construction and rising adoption of eco-friendly roof systems supported by incentives.
• Europe – Driven by modernization of old infrastructure, with growing use of fiberglass roofing materials, solar roofs, and energy-efficient tiles.

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Key Players

• GAF Materials Corporation – Expanded its portfolio with Timberline Solar® ES 2 shingles, merging traditional roofing shingles with renewable energy.
• Owens Corning – Known for its fiberglass roofing materials and insulation solutions.
• Carlisle Companies Incorporated
• Atlas Roofing Corporation
• TAMKO Building Products, Inc.
• CertainTeed Corporation
• IKO Industries Ltd.
• Boral Limited
• Eagle Roofing Products
• BMI Group

Roofing Materials Market Segmentation

• By Product Type: Asphalt Shingles, Concrete & Clay Tiles, Metal Roofing Materials, Fiberglass Roofing Materials, Plastics, Others
• By Roof Type: Flat Roof, Pitched Roof, Curved Roof, Low Slope Roof
• By Application: Residential (including sheds and pergolas), Non-Residential, Industrial
• By Construction Type: New Construction, Re-Roofing
• By Region: North America, Europe, Asia Pacific, Middle East & Africa, Latin America

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Frequently Asked Questions (FAQs)

1. What are the types of roofing materials for flat roofs? Common flat roofing materials include Modified Bitumen (MB), Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Monomer (EPDM), Polyvinyl Chloride (PVC), and Built-Up Roofing (BUR). These are widely used in commercial, low slope, and industrial roofing projects.

2. What are the top 5 roofing materials? Globally, the top five roof materials are asphalt shingles, metal roofing, concrete tiles, clay tiles, and slate roofing.

3. What are the different types of roofing materials?

There is a wide range, including asphalt, concrete, clay, metal roofing materials, fiberglass roofing materials, solar shingles, plastic polymers, and recycled rubber shingles.

4. What materials are needed for roofing?

Basic roof construction requires roof decking, underlayment, flashing, insulation, shingles or tiles, adhesives/sealants, and finishing roof coverings.

5. What’s another word for roofing material?

Roofing materials are also called roof supplies, roof coverings, roof systems, or simply “roof materials.”

6. Are roofing materials available for outdoor structures like sheds and pergolas?

Yes, lightweight roofing shingles, fiberglass sheets, and metal roofing materials are popular for sheds, pergolas, and garden roofs, as they are cost-effective and easy to install.

7. Where can I buy metal roofing materials near me?

Leading distributors like ABC Supply and retailers such as Lowe’s offer a wide selection of metal roofing materials, roofing shingles, and flat roofing supplies, making them accessible to homeowners and contractors.

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Paper Straw Market to Surpass USD 7.53 Billion by 2033, Growing at 15.07% CAGR | Straits Research

According to Straits Research, the global paper straw market size was valued at USD 2.13 billion in 2024 and is projected to grow from USD 2.45 billion in 2025 to USD 7.53 billion by 2033, expanding at a CAGR of 15.07%.

This strong growth is being fueled by global bans on plastic straws, a rising preference for eco-friendly packaging, and innovations by paper straw manufacturers. As sustainability becomes a key priority, businesses in the foodservice and hospitality sectors are increasingly adopting paper straws, paper flowers, and even eco-friendly paper straw hats as alternatives to traditional plastic-based products.

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Market Drivers

• Plastic Straw Restrictions – Global governments, from the U.K. to India, are phasing out plastic straws, paving the way for biodegradable alternatives.
• Rising Eco-consciousness – Consumers are choosing greener options such as paper straws, straw flowers, and paper flowers in lifestyle and décor, reflecting a broader sustainability movement.
• Corporate Shifts – Global brands including Starbucks, McDonald’s, and Salt & Straw ice cream shops are aligning with environmental commitments by switching to paper-based straws and packaging.

Key Trends Shaping the Market

• Innovation in Manufacturing – Demand for paper straw making machines is surging as companies scale production to meet wholesale needs. Manufacturers in India, China, and Europe are expanding capabilities to cater to both domestic and export markets.
• Customization & Branding – From paper straw wholesale suppliers to boutique eco-brands, customization with logos, colors, and designs is creating new marketing opportunities.
• Cross-industry Uses – Beyond beverages, paper straws are finding use in creative applications such as paper straw rockets for science projects, paper straw hats in fashion, and even DIY crafts like paper flowers and straw flowers.

Regional Highlights

• North America: Driven by bans on plastic straws in U.S. states like California and New York. Disney, Starbucks, and Salt & Straw have already shifted to paper alternatives.
• Europe: Strict EU regulations boost demand; countries like Germany and Italy are key markets for paper straw manufacturers.
• Asia-Pacific: India’s nationwide ban is driving rapid growth, with paper straw manufacturers in India such as UFlex scaling up production.

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Industry Leaders

• Huhtamaki
• Aardvark
• Greenmunch
• BioPak
• World Centric
• Avani Eco
• Strawtec

Frequently Asked Questions (FAQs)

1. Why were paper straws banned?

Paper straws themselves were not banned; rather, plastic straws were banned in many countries due to their harmful impact on oceans and landfills. Paper straws emerged as an eco-friendly replacement.

2. What is a paper straw?

A paper straw is a biodegradable straw made from food-grade paper, designed to replace plastic straws. It’s also used creatively in crafts such as paper straw rockets, paper flowers, straw flowers, and even paper straw hats.

3. Are paper straws actually better than plastic?

Yes. Unlike plastic straws that take centuries to decompose, paper straws are compostable, recyclable, and safer for marine life. While they may soften in liquids, ongoing innovation is improving performance.

4. What is Trump’s order on paper straws?

In 2019, former U.S. President Donald Trump mocked paper straws, calling them inconvenient. His campaign sold Trump paper straws (plastic ones) as merchandise. However, U.S. federal and state plastic bans continued regardless, boosting demand for paper alternatives.

About Straits Research

Straits Research provides in-depth market intelligence, competitive insights, and growth strategies across industries. Our analysts track emerging trends in paper straw prices, paper straw wholesale markets, and innovations in paper straw manufacturing to deliver actionable insights for businesses worldwide.

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