Sponsored
Recent Updates
  • The global medical plastics market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. The meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of these plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & COVID-19 Impact Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/medical-plastics-market-102136

    In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future.

    The report states that the global market value stood at USD 29.93 billion in 2019 and answers the following questions:

    What are the primary growth drivers for this market?
    What challenges does the market face?
    Which are the top market trends and upcoming opportunities?
    Who are the major players and what are their key strategies?
    Which are the most promising regions for the market?
    List of the Leading Companies Profiled in the Medical Plastics Market Research Report are:

    Eastman Chemical Company (United States)
    GW Plastics (United States)
    Solvay (Belgium)
    Evonik (Germany)
    Celanese Corporation (United States)
    Nolato AB (Sweden)
    Röchling (Germany)
    Covestro AG (Germany)
    BASF SE (Germany)
    SABIC (Saudi Arabia)

    Market Driver

    Deferment of EU MDR to Support Medical Plastics Market Growth

    The European Medical Device Regulation (EU MDR) is an updated batch of regulations framed to monitor and govern the production and distribution of medical devices sold in Europe. The new regulations are focused on adopting a life-cycle approach to medical devices owing to the rapidly aging population in the continent. The regulations are based on the rationale that the probability of malfunctions and accidents associated with medical devices used to treat aging people is higher than normal. The EU MDR was expected to create a major turmoil in the medical plastics industry in Europe. However, with the coronavirus raging across the globe, the European Parliament has decided to postpone the enactment and implement of this regulation to May 2021 so that companies can focus on prioritizing the production of medical devices to battle the pandemic. This decision, therefore, augurs well for this market.

    Regional Insights

    Changing Dynamics of Health Industry in Asia Pacific to Fuel Market Growth

    Asia Pacific is expected to lead the medical plastics market share in the coming years owing to evolving dynamics and preferences in the healthcare industry in the region. For example, there is growing awareness about sanitation and hygiene in healthcare facilities in India and China, which is spiking the adoption of advanced medical plastics in the region.

    In North America, where the market size was at USD 5.36 billion in 2019, the market is anticipated to be characterized by high healthcare spending and excellent R&D infrastructure for medical research. The market in Europe is also expected to register considerable growth owing to favorable government policies promoting the adoption of these plastics, especially during the current coronavirus pandemic.

    Competitive Landscape

    Prioritization of Response to COVID-19 to be Central Focus for Key Players

    As the coronavirus continues to wreak havoc around the world, key players in the market for medical plastics are focused on prioritizing their response of this unprecedented health crisis. Many companies have boosted their production to produce essential equipment for frontline health workers, while some others are ramping up their R&D spending to launch innovative solutions for the health industry.

    Industry Developments:

    April 2020: US-based Celanese Corporation is supporting healthcare workers by enhancing its production of specialty materials for applications such as PPE, ventilators, and other medical devices.
    February 2020: Pirouette Medical designed and developed a novel auto-injector, featuring improved portability and affordability, along with lower costs, for the delivery of epinephrine and other medications in patients. The unique device has been injection-molded with Covestro’s Makrolon® 2458 polycarbonate.






    The global medical plastics market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. The meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of these plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & COVID-19 Impact Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/medical-plastics-market-102136 In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future. The report states that the global market value stood at USD 29.93 billion in 2019 and answers the following questions: What are the primary growth drivers for this market? What challenges does the market face? Which are the top market trends and upcoming opportunities? Who are the major players and what are their key strategies? Which are the most promising regions for the market? List of the Leading Companies Profiled in the Medical Plastics Market Research Report are: Eastman Chemical Company (United States) GW Plastics (United States) Solvay (Belgium) Evonik (Germany) Celanese Corporation (United States) Nolato AB (Sweden) Röchling (Germany) Covestro AG (Germany) BASF SE (Germany) SABIC (Saudi Arabia) Market Driver Deferment of EU MDR to Support Medical Plastics Market Growth The European Medical Device Regulation (EU MDR) is an updated batch of regulations framed to monitor and govern the production and distribution of medical devices sold in Europe. The new regulations are focused on adopting a life-cycle approach to medical devices owing to the rapidly aging population in the continent. The regulations are based on the rationale that the probability of malfunctions and accidents associated with medical devices used to treat aging people is higher than normal. The EU MDR was expected to create a major turmoil in the medical plastics industry in Europe. However, with the coronavirus raging across the globe, the European Parliament has decided to postpone the enactment and implement of this regulation to May 2021 so that companies can focus on prioritizing the production of medical devices to battle the pandemic. This decision, therefore, augurs well for this market. Regional Insights Changing Dynamics of Health Industry in Asia Pacific to Fuel Market Growth Asia Pacific is expected to lead the medical plastics market share in the coming years owing to evolving dynamics and preferences in the healthcare industry in the region. For example, there is growing awareness about sanitation and hygiene in healthcare facilities in India and China, which is spiking the adoption of advanced medical plastics in the region. In North America, where the market size was at USD 5.36 billion in 2019, the market is anticipated to be characterized by high healthcare spending and excellent R&D infrastructure for medical research. The market in Europe is also expected to register considerable growth owing to favorable government policies promoting the adoption of these plastics, especially during the current coronavirus pandemic. Competitive Landscape Prioritization of Response to COVID-19 to be Central Focus for Key Players As the coronavirus continues to wreak havoc around the world, key players in the market for medical plastics are focused on prioritizing their response of this unprecedented health crisis. Many companies have boosted their production to produce essential equipment for frontline health workers, while some others are ramping up their R&D spending to launch innovative solutions for the health industry. Industry Developments: April 2020: US-based Celanese Corporation is supporting healthcare workers by enhancing its production of specialty materials for applications such as PPE, ventilators, and other medical devices. February 2020: Pirouette Medical designed and developed a novel auto-injector, featuring improved portability and affordability, along with lower costs, for the delivery of epinephrine and other medications in patients. The unique device has been injection-molded with Covestro’s Makrolon® 2458 polycarbonate.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Medical Plastics Market Size, Growth | Report [2020-2027]
    The global medical plastics market size was valued at $29.93 Bn in 2019 & is projected to reach $54.29 Bn by 2027, with a CAGR of 7.1% during the forecast period
    0 Comments 0 Shares
  • The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA), Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027”

    Browse Link: -

    https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534

    Market Driver

    Extensive Utilization of RPE in Mining Industry to Stoke Growth

    Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions.

    Regional Insights

    Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America

    In North America, where the market size stood at USD 2.5 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada.

    Asia Pacific is expected to present lucrative opportunities owing to the rapid expansion of the construction, manufacturing, and healthcare sectors in the region. In Europe, the demand for effective RPE is escalating, primarily from workers in core industries. For example, Germany’s RPE market share in construction industry stood at 11.9% in 2019.

    Competitive Landscape

    Key Players to Experience Booming Sales amid COVID-19 Pandemic

    The respiratory protective equipment market growth is set to skyrocket as the demand for RPE and PPE has risen astronomically in the wake of the coronavirus pandemic. Companies in this market are also capitalizing on this unprecedented opportunity, with some of them reporting booming sales, while some others are partnering with other players to combat the health crisis.

    Industry Developments:

    May 2020: Alpha Pro Tech, a pioneer in protective apparel, reported that revenue in the first quarter of 2020 rose by 47.5% to reach USD 18.2 million, compared to the same period in 2019. According to the company, exponential growth in demand for its N-95 Particulate Respirator facemask and shield.
    April 2020: 3M joined forces with Cummins to expand production of filters for 3M’s powered air-purifying respirators for high-efficiency filtration of particulate matter. The partnership aims at doubling the production of these filters to meet the surging demand for respiratory protective equipment the coronavirus pandemic.
    List of Key Players Covered in the Market Report:

    Protective Industrial Products, Inc. (U.S.)
    Jayco Safety Products Pvt. Ltd. (India)
    Honeywell International Inc. (U.S.)
    Gentex Corporation (U.S.)
    Intech Safety (India)
    Bullard (U.S.)
    Alpha Pro Tech (Canada)
    Uvex Safety Group (Germany)
    Kimberly-Clark Worldwide, Inc. (U.S.)
    MSA (U.S.)
    Drägerwerk AG & Co. KGaA (Germany)
    Delta Plus Group (France)
    Avon Protection (U.S.)
    Ansell Ltd. (Australia)
    The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA), Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027” Browse Link: - https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534 Market Driver Extensive Utilization of RPE in Mining Industry to Stoke Growth Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions. Regional Insights Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America In North America, where the market size stood at USD 2.5 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada. Asia Pacific is expected to present lucrative opportunities owing to the rapid expansion of the construction, manufacturing, and healthcare sectors in the region. In Europe, the demand for effective RPE is escalating, primarily from workers in core industries. For example, Germany’s RPE market share in construction industry stood at 11.9% in 2019. Competitive Landscape Key Players to Experience Booming Sales amid COVID-19 Pandemic The respiratory protective equipment market growth is set to skyrocket as the demand for RPE and PPE has risen astronomically in the wake of the coronavirus pandemic. Companies in this market are also capitalizing on this unprecedented opportunity, with some of them reporting booming sales, while some others are partnering with other players to combat the health crisis. Industry Developments: May 2020: Alpha Pro Tech, a pioneer in protective apparel, reported that revenue in the first quarter of 2020 rose by 47.5% to reach USD 18.2 million, compared to the same period in 2019. According to the company, exponential growth in demand for its N-95 Particulate Respirator facemask and shield. April 2020: 3M joined forces with Cummins to expand production of filters for 3M’s powered air-purifying respirators for high-efficiency filtration of particulate matter. The partnership aims at doubling the production of these filters to meet the surging demand for respiratory protective equipment the coronavirus pandemic. List of Key Players Covered in the Market Report: Protective Industrial Products, Inc. (U.S.) Jayco Safety Products Pvt. Ltd. (India) Honeywell International Inc. (U.S.) Gentex Corporation (U.S.) Intech Safety (India) Bullard (U.S.) Alpha Pro Tech (Canada) Uvex Safety Group (Germany) Kimberly-Clark Worldwide, Inc. (U.S.) MSA (U.S.) Drägerwerk AG & Co. KGaA (Germany) Delta Plus Group (France) Avon Protection (U.S.) Ansell Ltd. (Australia)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Respiratory Protective Equipment Market Size & Growth [2028]
    The global respiratory protective equipment market is projected to grow from USD 8.04 billion in 2021 to USD 10.97 billion in 2028 at a CAGR of 4.5%
    0 Comments 0 Shares
  • According to Fortune Business Insights™, the global floor coatings market size is projected to reach USD 4,734.9 million by 2027, exhibiting a CAGR of 7.8% during the forecast period. Rising preference for sustainable flooring solutions will be a central factor driving the growth of this market, as shares in its report.

    With growing pollution from buildings and infrastructures in urban areas, consumers are showing an increasing inclination towards adopting flooring products that have low levels of volatile organic compounds (VOCs) and low carbon emissions. As a result, several floor coating manufacturers are developing sustainable flooring solutions to meet this changing consumer behavior. For example, Ecoflor, a UK-based flooring company, has developed Smooth PU (polyurethane) and Liquid Vinyl floors that have long life expectancy and can be re-sealed or modified within premises. As a result, these floors are not only sustainable but are also cost-effective. Similarly, US-based Liquid Floors has been offering green epoxy floor coatings that have zero VOC content. Thus, the widening availability of green floor coatings will hugely benefit the growth of this market.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/floor-coatings-market-102341

    According to Fortune Business Insights™, the global floor coatings market size is projected to reach USD 4,734.9 million by 2027, exhibiting a CAGR of 7.8% during the forecast period. Rising preference for sustainable flooring solutions will be a central factor driving the growth of this market, as shares in its report. With growing pollution from buildings and infrastructures in urban areas, consumers are showing an increasing inclination towards adopting flooring products that have low levels of volatile organic compounds (VOCs) and low carbon emissions. As a result, several floor coating manufacturers are developing sustainable flooring solutions to meet this changing consumer behavior. For example, Ecoflor, a UK-based flooring company, has developed Smooth PU (polyurethane) and Liquid Vinyl floors that have long life expectancy and can be re-sealed or modified within premises. As a result, these floors are not only sustainable but are also cost-effective. Similarly, US-based Liquid Floors has been offering green epoxy floor coatings that have zero VOC content. Thus, the widening availability of green floor coatings will hugely benefit the growth of this market. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/floor-coatings-market-102341
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Floor Coatings Market Size & Share | Global Report, 2020-2027
    The global floor coatings market size was USD 2,687.7 million in 2019 and is projected to reach USD 4,734.9 million by 2027, exhibiting a CAGR of 7.8% during the forecast period.
    0 Comments 0 Shares
  • The global Electric Vehicles and Fuel Cell Vehicles Market size (2022-2027) research report represents a detailed overview of the current market situation and forecast till 2027. The study perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry face alongside gap analysis and new opportunities available and trend within the Electric Vehicles and Fuel Cell Vehicles Market. Further, this report gives Electric Vehicles and Fuel Cell Vehicles Market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potentials in the given period of forecast. An exhaustive and professional study of the global Electric Vehicles and Fuel Cell Vehicles Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.

    Browse the detailed industry research insights:

    https://www.businessresearchinsights.com/market-reports/electric-vehicles-and-fuel-cell-vehicles-market-100039

    Market Analysis and Insights: Global Electric Vehicles and Fuel Cell Vehicles Market

    With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electric Vehicles and Fuel Cell Vehicles Market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electric Vehicles and Fuel Cell Vehicles Market in terms of revenue.

    Electric Vehicles and Fuel Cell Vehicles Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. The report also focuses on global major leading industry players of global Electric Vehicles and Fuel Cell Vehicles Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Electric Vehicles and Fuel Cell Vehicles Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Vehicles and Fuel Cell Vehicles Market Size by analyzing historical data and future prospect.

    On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electric Vehicles and Fuel Cell Vehicles Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electric Vehicles and Fuel Cell Vehicles Market.

    Key Attentions of Electric Vehicles and Fuel Cell Vehicles Market Report:

    The report offers a comprehensive and broad perspective on the global Electric Vehicles and Fuel Cell Vehicles Market.
    The market statistics represented in different Keyword segments offers complete industry picture.
    Market growth drivers, challenges affecting the development of Keyword are analyzed in detail.
    The report will help in the analysis of major competitive market scenario, market dynamics of Keyword.
    Major stakeholders, key companies Keyword, investment feasibility and new market entrants study is offered.
    Development scope of Keyword in each market segment is covered in this report. The macro and micro-economic factors affecting the Electric Vehicles and Fuel Cell Vehicles Market
    Advancement is elaborated in this report. The upstream and downstream components of Keyword and a comprehensive value chain are explained.
    Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Keyword in these regions, from 2016 to 2027, covering

    North America
    Europe
    Asia-Pacific
    South America
    Middle East and Africa
    The global Electric Vehicles and Fuel Cell Vehicles Market size (2022-2027) research report represents a detailed overview of the current market situation and forecast till 2027. The study perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry face alongside gap analysis and new opportunities available and trend within the Electric Vehicles and Fuel Cell Vehicles Market. Further, this report gives Electric Vehicles and Fuel Cell Vehicles Market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potentials in the given period of forecast. An exhaustive and professional study of the global Electric Vehicles and Fuel Cell Vehicles Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market. Browse the detailed industry research insights: https://www.businessresearchinsights.com/market-reports/electric-vehicles-and-fuel-cell-vehicles-market-100039 Market Analysis and Insights: Global Electric Vehicles and Fuel Cell Vehicles Market With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Electric Vehicles and Fuel Cell Vehicles Market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Electric Vehicles and Fuel Cell Vehicles Market in terms of revenue. Electric Vehicles and Fuel Cell Vehicles Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. The report also focuses on global major leading industry players of global Electric Vehicles and Fuel Cell Vehicles Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Electric Vehicles and Fuel Cell Vehicles Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Vehicles and Fuel Cell Vehicles Market Size by analyzing historical data and future prospect. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Electric Vehicles and Fuel Cell Vehicles Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Electric Vehicles and Fuel Cell Vehicles Market. Key Attentions of Electric Vehicles and Fuel Cell Vehicles Market Report: The report offers a comprehensive and broad perspective on the global Electric Vehicles and Fuel Cell Vehicles Market. The market statistics represented in different Keyword segments offers complete industry picture. Market growth drivers, challenges affecting the development of Keyword are analyzed in detail. The report will help in the analysis of major competitive market scenario, market dynamics of Keyword. Major stakeholders, key companies Keyword, investment feasibility and new market entrants study is offered. Development scope of Keyword in each market segment is covered in this report. The macro and micro-economic factors affecting the Electric Vehicles and Fuel Cell Vehicles Market Advancement is elaborated in this report. The upstream and downstream components of Keyword and a comprehensive value chain are explained. Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Keyword in these regions, from 2016 to 2027, covering North America Europe Asia-Pacific South America Middle East and Africa
    Electric Vehicles and Fuel Cell Vehicles Market Size
    Electric vehicles and fuel cell vehicles market to expand from USD 303,740 to USD 2287040 by 2028 and exhibit a CAGR of 40.0% during the forecast period.
    0 Comments 0 Shares
  • The silicone surfactants market size was valued at USD 2.04billion in 2021. The market size is expected to rise from USD 2.13billion in 2022 to USD 2.99billion by 2029 at a CAGR of 5.0% during the projected period. Fortune Business Insights™ publishes this information in a report titled, "Silicone Surfactants Market, 2022-2029". According to the report, the market is expected to rise during the forecast period due to increasing demand for personal care and skin care products.

    Information Source - https://www.fortunebusinessinsights.com/silicone-surfactants-market-104900

    Segments:

    Emulsifiers Segment to Hold Dominant Market Share Due to Rising Demand for Personal Care Products

    Based on application, the market is categorized into emulsifiers, foaming agents, solubilizers, and others. The emulsifiers segment is expected to dominate the market owing to the rising utilization of surfactants in the personal care and cleaning industries. The increasing demand for detergents, conditioners, lotions, and creams results in the market growth.

    Personal Care Segment to Lead the Market Due to Increasing Consumption

    On the basis of end-use, the market is segregated into refrigeration, construction, personal care, paints & coatings, and others. The personal care segment holds the leading market share owing to the rising use of silicone surfactants in hair care and skin care product manufacturing. Increasing changes in the lifestyle of the population and surging disposable income in emerging countries are expected to boost the segment growth during the projected period.

    Geographically, the market share is segmented into North America, Europe, Asia Pacific, and Rest of the World.

    Report Coverage:

    The report sheds light on factual data regarding recent developments and trends in the industry. Also, the impact of COVID-19 pandemic on market growth and expansion during the pandemic period. Furthermore, drives and restraints affecting market development are highlighted in this report. The regional market information is given further, along with a list of key market players. Also, recent developments and new launches introduced by the key market players are highlighted in this report.

    Drivers & Restraints:

    Increasing Demand for Home Care Products to Augment Growth

    The market is anticipated to grow considerably owing to the rising demand for personal care and skin care among different age groups. Furthermore, the manufacturing rate for hair care, skincare, and grooming products is rising, which supports the silicone surfactants market growth during the projected period.

    However, the availability of alternatives may hinder the market growth.

    Regional Insights:

    Asia Pacific Dominates Market Share Due to Economic Development

    Asia Pacific dominates the global silicone surfactants market share due to surging demand for home care and personal care products. Furthermore, economic development in developing countries is expected to support regional market growth during the projected period. The regional market stood at USD 0.82 billion in 2021.

    North America holds the second-highest global market share owing to the rising construction activities and development in healthcare infrastructure.



    Competitive Landscape:

    Strategic Acquisition Allows Key Players to Strengthen their Market Position

    The key market players focus on collaborating with different companies to increase their productivity. Further, launching new products allow key players to improve their product portfolio and globalize their business. The companies implement various growth strategies such as strategic alliances, mergers, and partnerships with supporting organizations.

    Key Industry Development:

    March 2022: Dow launched a new product extension of VORASURF Silicone Surfactants to support the growing demand for enhanced energy efficiency and sustainable solutions in the rigid polyurethane foam market, focusing on spray and construction applications.


    List of Key Players Profiled in the Report:

    Dow Chemical Company (U.S.)
    Momentive Performance Materials (U.S.)
    Wacker Chemie AG (Germany)
    Innospec (U.S.)
    Shin-Etsu Chemical (Japan)
    Andisil (U.S.)
    Evonik Industries (Germany)
    Supreme Silicones (India)
    Siltech Corporation (Canada)
    The silicone surfactants market size was valued at USD 2.04billion in 2021. The market size is expected to rise from USD 2.13billion in 2022 to USD 2.99billion by 2029 at a CAGR of 5.0% during the projected period. Fortune Business Insights™ publishes this information in a report titled, "Silicone Surfactants Market, 2022-2029". According to the report, the market is expected to rise during the forecast period due to increasing demand for personal care and skin care products. Information Source - https://www.fortunebusinessinsights.com/silicone-surfactants-market-104900 Segments: Emulsifiers Segment to Hold Dominant Market Share Due to Rising Demand for Personal Care Products Based on application, the market is categorized into emulsifiers, foaming agents, solubilizers, and others. The emulsifiers segment is expected to dominate the market owing to the rising utilization of surfactants in the personal care and cleaning industries. The increasing demand for detergents, conditioners, lotions, and creams results in the market growth. Personal Care Segment to Lead the Market Due to Increasing Consumption On the basis of end-use, the market is segregated into refrigeration, construction, personal care, paints & coatings, and others. The personal care segment holds the leading market share owing to the rising use of silicone surfactants in hair care and skin care product manufacturing. Increasing changes in the lifestyle of the population and surging disposable income in emerging countries are expected to boost the segment growth during the projected period. Geographically, the market share is segmented into North America, Europe, Asia Pacific, and Rest of the World. Report Coverage: The report sheds light on factual data regarding recent developments and trends in the industry. Also, the impact of COVID-19 pandemic on market growth and expansion during the pandemic period. Furthermore, drives and restraints affecting market development are highlighted in this report. The regional market information is given further, along with a list of key market players. Also, recent developments and new launches introduced by the key market players are highlighted in this report. Drivers & Restraints: Increasing Demand for Home Care Products to Augment Growth The market is anticipated to grow considerably owing to the rising demand for personal care and skin care among different age groups. Furthermore, the manufacturing rate for hair care, skincare, and grooming products is rising, which supports the silicone surfactants market growth during the projected period. However, the availability of alternatives may hinder the market growth. Regional Insights: Asia Pacific Dominates Market Share Due to Economic Development Asia Pacific dominates the global silicone surfactants market share due to surging demand for home care and personal care products. Furthermore, economic development in developing countries is expected to support regional market growth during the projected period. The regional market stood at USD 0.82 billion in 2021. North America holds the second-highest global market share owing to the rising construction activities and development in healthcare infrastructure. Competitive Landscape: Strategic Acquisition Allows Key Players to Strengthen their Market Position The key market players focus on collaborating with different companies to increase their productivity. Further, launching new products allow key players to improve their product portfolio and globalize their business. The companies implement various growth strategies such as strategic alliances, mergers, and partnerships with supporting organizations. Key Industry Development: March 2022: Dow launched a new product extension of VORASURF Silicone Surfactants to support the growing demand for enhanced energy efficiency and sustainable solutions in the rigid polyurethane foam market, focusing on spray and construction applications. List of Key Players Profiled in the Report: Dow Chemical Company (U.S.) Momentive Performance Materials (U.S.) Wacker Chemie AG (Germany) Innospec (U.S.) Shin-Etsu Chemical (Japan) Andisil (U.S.) Evonik Industries (Germany) Supreme Silicones (India) Siltech Corporation (Canada)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Silicone Surfactants Market Size, Growth, Share | Forecast, 2029
    The global silicone surfactants market is projected to grow from $2.13 billion in 2022 to $2.99 billion by 2029, at a CAGR of 5.0% in forecast period, 2022-2029
    0 Comments 0 Shares
  • The global textile colorant market is set to gain impetus from the high demand for natural dyes over synthetic ones because of their beneficial properties. They do not have carcinogenic & toxic chemicals, are itch-resistant, renewable, and have excellent UV absorption capacity. Various prominent boutiques and fashion houses are hence opting for these dyes for the manufacturing of their products. In May 2021, for instance, Akané Studio introduced a wide range of naturally dyed fabrics in the Indian market. This information is given by Fortune Business Insights™ in a report, titled, “Textile Colorant Market, 2021-2028.” As per the report, the market size was USD 9.16 billion in 2020. It is projected to grow from USD 9.42 billion in 2021 to USD 13.24 billion in 2028 at a CAGR of 5.0% during the forecast period.

    Browse Summary

    https://www.fortunebusinessinsights.com/textile-colorant-market-105468

    Segments-

    Technical Textiles Segment Held 4.1% Share in 2020: Fortune Business Insights™

    Based on applications, the market is segregated into clothing, technical textiles, home textiles & carpets, and automotive textiles. Amongst these, the technical textiles segment procured 4.1% in terms of the textile colorant market share in 2020. This growth is attributable to the high demand for trekking clothes and sportswear on account of the shift of youngsters towards a healthy lifestyle.

    Report Coverage-

    Our research report aims to estimate the future growth potential and size of the textile colorant industry. It covers factors influencing growth, such as industry-specific challenges, opportunities, restraints, and drivers. The report also involves extensive secondary sources, databases, and directories, such as Health & Safety Council of North America (SEHSC), Bloomberg, Silicone Industry Association of Japan (SIAJ), Factiva, Hoovers, and Chemical Weekly.

    Drivers & Restraints-

    Availability of Unique Housing Benefits and High Spending Capacity to Boost Growth

    The high demand for living spaces across the globe owing to the surging population is set to propel the textile colorant market growth in the upcoming years. Regulatory bodies nowadays are implementing novel housing benefits for citizens, such as home loan reduction schemes. Hence, many people prefer to buy and decorate their houses. They are majorly opting for the services of interior designers and architects for creating a cutting-edge identity for their homes. Products, namely, carpets, sofas, curtains, bedsheets, and cradles are gaining more popularity as the spending capacity of people is increasing rapidly. However, government agencies, such as REACH, have restricted the usage of specific types of dyes in consumer goods because of their harmful effects on humans. It may hamper the demand for textile colorant.

    Regional Insights-

    Presence of GAP, Adidas, Nike, and Calvin Klein to Help North America Grow

    Geographically, Asia Pacific earned USD 4.24 billion in terms of revenue in 2020. It is estimated to remain at the forefront in the near future because of the availability of cheap labor and raw material. In North America, on the other hand, the presence of reputed clothing brands, such as Reebok, Nike, GAP, Adidas, Calvin Klein, and Hanes would propel the demand for textile colorant. Europe is expected to showcase significant growth on account of the ongoing infrastructure renovation activities.

    Competitive Landscape-

    Key Players Focus on Partnerships and New Facility Developments to Intensify Competition

    The global market contains a large number of companies that are presently focusing on developing new facilities and collaborating with local players. This would help them in competing with their rivals and strengthening their positions. Below are the two developments of this industry:

    September 2020: Browzwear joined hands with Archroma to help designers gain access to Color Atlas, the latter’s online color library. Designers will be able to access around 4,320 on-trend colors while designing in Lotta and VStitcher, two advanced platforms of Browzwear.
    February 2019: DyStar opened Texanlab Bangladesh Private Limited, its latest laboratory in Dhaka. It would serve the export industry and offer solutions to the supply chain- from raw materials to final products, except for only testing services.
    A list of renowned providers of textile colorant manufacturers in the global market:

    Huntsman Corporation (U.S.)
    Kiri Industries Ltd. (India)
    DuPont (U.S.)
    Sumitomo Chemical Co. Ltd. (Japan)
    BASF SE (Germany)
    Allied Industrial Corp., Ltd. (Taiwan)
    Dystar Group (Singapore)
    Zhejiang Longsheng Group Co., Ltd. (China)
    LANXESS AG (Germany)
    Archroma International (Switzerland)
    Colorant Limited (India)
    Jay Chemical Industries Limited (India)
    Jiangsu Yabang Dyestuff Co., Ltd. (China)
    Other Key Players

    The global textile colorant market is set to gain impetus from the high demand for natural dyes over synthetic ones because of their beneficial properties. They do not have carcinogenic & toxic chemicals, are itch-resistant, renewable, and have excellent UV absorption capacity. Various prominent boutiques and fashion houses are hence opting for these dyes for the manufacturing of their products. In May 2021, for instance, Akané Studio introduced a wide range of naturally dyed fabrics in the Indian market. This information is given by Fortune Business Insights™ in a report, titled, “Textile Colorant Market, 2021-2028.” As per the report, the market size was USD 9.16 billion in 2020. It is projected to grow from USD 9.42 billion in 2021 to USD 13.24 billion in 2028 at a CAGR of 5.0% during the forecast period. Browse Summary https://www.fortunebusinessinsights.com/textile-colorant-market-105468 Segments- Technical Textiles Segment Held 4.1% Share in 2020: Fortune Business Insights™ Based on applications, the market is segregated into clothing, technical textiles, home textiles & carpets, and automotive textiles. Amongst these, the technical textiles segment procured 4.1% in terms of the textile colorant market share in 2020. This growth is attributable to the high demand for trekking clothes and sportswear on account of the shift of youngsters towards a healthy lifestyle. Report Coverage- Our research report aims to estimate the future growth potential and size of the textile colorant industry. It covers factors influencing growth, such as industry-specific challenges, opportunities, restraints, and drivers. The report also involves extensive secondary sources, databases, and directories, such as Health & Safety Council of North America (SEHSC), Bloomberg, Silicone Industry Association of Japan (SIAJ), Factiva, Hoovers, and Chemical Weekly. Drivers & Restraints- Availability of Unique Housing Benefits and High Spending Capacity to Boost Growth The high demand for living spaces across the globe owing to the surging population is set to propel the textile colorant market growth in the upcoming years. Regulatory bodies nowadays are implementing novel housing benefits for citizens, such as home loan reduction schemes. Hence, many people prefer to buy and decorate their houses. They are majorly opting for the services of interior designers and architects for creating a cutting-edge identity for their homes. Products, namely, carpets, sofas, curtains, bedsheets, and cradles are gaining more popularity as the spending capacity of people is increasing rapidly. However, government agencies, such as REACH, have restricted the usage of specific types of dyes in consumer goods because of their harmful effects on humans. It may hamper the demand for textile colorant. Regional Insights- Presence of GAP, Adidas, Nike, and Calvin Klein to Help North America Grow Geographically, Asia Pacific earned USD 4.24 billion in terms of revenue in 2020. It is estimated to remain at the forefront in the near future because of the availability of cheap labor and raw material. In North America, on the other hand, the presence of reputed clothing brands, such as Reebok, Nike, GAP, Adidas, Calvin Klein, and Hanes would propel the demand for textile colorant. Europe is expected to showcase significant growth on account of the ongoing infrastructure renovation activities. Competitive Landscape- Key Players Focus on Partnerships and New Facility Developments to Intensify Competition The global market contains a large number of companies that are presently focusing on developing new facilities and collaborating with local players. This would help them in competing with their rivals and strengthening their positions. Below are the two developments of this industry: September 2020: Browzwear joined hands with Archroma to help designers gain access to Color Atlas, the latter’s online color library. Designers will be able to access around 4,320 on-trend colors while designing in Lotta and VStitcher, two advanced platforms of Browzwear. February 2019: DyStar opened Texanlab Bangladesh Private Limited, its latest laboratory in Dhaka. It would serve the export industry and offer solutions to the supply chain- from raw materials to final products, except for only testing services. A list of renowned providers of textile colorant manufacturers in the global market: Huntsman Corporation (U.S.) Kiri Industries Ltd. (India) DuPont (U.S.) Sumitomo Chemical Co. Ltd. (Japan) BASF SE (Germany) Allied Industrial Corp., Ltd. (Taiwan) Dystar Group (Singapore) Zhejiang Longsheng Group Co., Ltd. (China) LANXESS AG (Germany) Archroma International (Switzerland) Colorant Limited (India) Jay Chemical Industries Limited (India) Jiangsu Yabang Dyestuff Co., Ltd. (China) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Textile Colorant Market Size | Global Industry Forecast, 2028
    The global textile colorant market is projected to grow from $9.42 billion in 2021 to $13.24 billion in 2028 at a CAGR of 5.0% in forecast period, 2021-2028
    0 Comments 0 Shares
  • The global concrete admixtures market size was USD 18.05 billion in 2020. The market is projected to grow from USD 18.09 billion in 2021 to USD 31.44 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Concrete Admixtures Market, 2021-2028.”

    According to our experts, these admixtures are artificial or natural components, which are used through or beforehand the concrete mixing procedure. The foremost intention of utilizing these admixtures is to offer erosionor oxidization resistance, sturdiness, workability, compressive forte, and appearance capability characteristics to the constructed structures. Therefore, the promptly rising construction industry is expected to augment the implementation of concrete, which in turn shall up surge the demand for product and bolster concrete admixtures market growth during the forecast period.

    Report Coverage

    We have executed an exclusive research methodology that encompasses of data triangulation based on the renowned bottom-up and top-down methods. Our analysts have led detailed prime research to confirm the projected size of the market. The data exploited to represent the shares for numerous segments at the national, regional, and global levels is mined from complete discussions with numerous shareholders. Our experts have also derived material from funded databases, industry journals, SEC filings, and many such parallel means.

    Segmentation

    On the basis of type, the market is segregated into water-reducing admixtures, accelerating admixtures, waterproofing admixtures, retarding admixtures, air-entraining admixtures, and others.

    By application, the market is classified into residential, infrastructure, commercial, and industrial. The residential segment holds the maximum market share in the global market. Growing disposable income of the consumer pooled with the rising trend of small or nuclear family has occasioned in elevated demand for residential houses and facilities.

    Information source:

    https://www.fortunebusinessinsights.com/concrete-admixtures-market-102832
    The global concrete admixtures market size was USD 18.05 billion in 2020. The market is projected to grow from USD 18.09 billion in 2021 to USD 31.44 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Concrete Admixtures Market, 2021-2028.” According to our experts, these admixtures are artificial or natural components, which are used through or beforehand the concrete mixing procedure. The foremost intention of utilizing these admixtures is to offer erosionor oxidization resistance, sturdiness, workability, compressive forte, and appearance capability characteristics to the constructed structures. Therefore, the promptly rising construction industry is expected to augment the implementation of concrete, which in turn shall up surge the demand for product and bolster concrete admixtures market growth during the forecast period. Report Coverage We have executed an exclusive research methodology that encompasses of data triangulation based on the renowned bottom-up and top-down methods. Our analysts have led detailed prime research to confirm the projected size of the market. The data exploited to represent the shares for numerous segments at the national, regional, and global levels is mined from complete discussions with numerous shareholders. Our experts have also derived material from funded databases, industry journals, SEC filings, and many such parallel means. Segmentation On the basis of type, the market is segregated into water-reducing admixtures, accelerating admixtures, waterproofing admixtures, retarding admixtures, air-entraining admixtures, and others. By application, the market is classified into residential, infrastructure, commercial, and industrial. The residential segment holds the maximum market share in the global market. Growing disposable income of the consumer pooled with the rising trend of small or nuclear family has occasioned in elevated demand for residential houses and facilities. Information source: https://www.fortunebusinessinsights.com/concrete-admixtures-market-102832
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Concrete Admixtures Market Size, Share | Global Report [2028]
    The global concrete admixtures market is projected to grow from $18.09 billion in 2021 to $31.44 billion in 2028 at a CAGR of 8.2% in forecast period
    0 Comments 0 Shares
  • The automotive NVH material market size was USD 10.25 billion in 2020. The market is projected to grow from USD 10.96 billion 2021 to USD 16.93 billion in 2028 at a CAGR of 6.4% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Automotive NVH MaterialMarket, 2021-2028.” Factors such as rising demand for automobiles and stringent government requirements for safer cars are expected to fuel the market growth during the forecast period. Also, factors such as rising demand for porous materials coupled with increasing awareness regarding curbing noise pollution will increase the footprint of the market.

    Source - https://www.fortunebusinessinsights.com/automotive-noise-vibration-and-harshness-nvh-materials-market-103629

    Segments

    On the basis of material, the market can be segmented into classified into rubber, plastic & foam, fibers, and others.

    By application, the market can be divided into absorption, damping, and insulation.

    In terms of geography, the market can be categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

    Report Coveragea

    The automotive NVH material report discusses a comprehensive analysis of the market and focuses on leading companies, products, and products. Additionally, the study also contains upcoming market trends and highlights vital industry developments that will guide our readers carving insightful business plans. An estimation for the market path is drawn from historical models by encompassing factors at the global, regional, and country levels.



    Drivers & Restraints

    Stringent Regulations for Curbing Noise Pollution to Bolster Growth

    Rising demand towards operational vehicles coupled with stringent regulations imposed by governments to reduce noise pollution will drive the automotive NVH material market growth during the forecast period. Also, expanding electric vehicle industry rising investment opportunities will boost the growth of the market. Additionally, rising consumer awareness regarding significance of regulating noise pollution from automobiles will increase the footprint of the market.

    However, increasing interest towards lighter vehicles will limit the growth of the market during the forecast period. Also, technical transition towards alternative technologies and material will hinder the growth of the market.



    Regional Insights

    Asia Pacific to Hold Largest Market Share Due to Expanding Automotive Industry

    Asia Pacific will contribute the largest automotive NVH material market share due to an expanding automobile sector along with rising demand for effective mobility solutions to name a few. Factors such as increasing purchasing power & improving standard of living of middle class will further push the boundaries of the market. Rising demand for improving passenger comfort will boost the growth of the market.

    North America will contribute a significant share towards the global contribution due to constantly expanding automotive industry and rising electric vehicle sales.

    The European market will retain exceptional growth during the forecast period due to high production standards and rising utilization of automotive NVH materials to name a few.

    Competitive Landscape

    Novel Product Launches and Mergers & Acquisitions to Help Capture Maximum Market Share

    The dominant players in the automotive NVH material sector are investing heavily for creating materials that will increase passenger comfort right from the design phase. Primary strategies integrated by leading players is merging and collaborating for creating a varied product line for a larger consumer base. Other players are rushing towards launching novel product launches for capturing maximum revenue. For example, in June 2021, Free Field Technologies and Autoneum collaborated for developing products aimed at assisting OEMs accelerate vehicle acoustic design. The newly developed product will help manage noise and vibration by maximizing the usage of acoustic treatments inside Actran acoustic simulation software.

    Industry Development-

    October 2020: Wolverine Advanced Materials announced the launching of their new Value Line of QUIETPATH aftermarket brand brake shim and abutment clip material that have the ability to pertain high noise attenuation in a variety of environmental conditions.
    List of Key Players Present in the Market-

    Dow (Midland, Michigan, U.S.)
    3M (Minnesota, U.S.)
    Huntsman International LLC (Texas, U.S.)
    Solvay (Brussels, Belgium)
    NITTO DENKO CORPORATION (Osaka, Japan)
    NVH KOREA (Ulsan, South Korea)
    Exxon Mobil Corporation (Texas, U.S.)
    Celanese Corporation (Texas, U.S.)
    Henkel Corporation (Düsseldorf, Germany)
    Sumitomo Riko Company Limited (Nagoya, Japan)
    Borgers SE & Co. KGaA (Bocholt, Germany)
    Covestro AG (Leverkusen, Germany)
    The automotive NVH material market size was USD 10.25 billion in 2020. The market is projected to grow from USD 10.96 billion 2021 to USD 16.93 billion in 2028 at a CAGR of 6.4% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Automotive NVH MaterialMarket, 2021-2028.” Factors such as rising demand for automobiles and stringent government requirements for safer cars are expected to fuel the market growth during the forecast period. Also, factors such as rising demand for porous materials coupled with increasing awareness regarding curbing noise pollution will increase the footprint of the market. Source - https://www.fortunebusinessinsights.com/automotive-noise-vibration-and-harshness-nvh-materials-market-103629 Segments On the basis of material, the market can be segmented into classified into rubber, plastic & foam, fibers, and others. By application, the market can be divided into absorption, damping, and insulation. In terms of geography, the market can be categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Report Coveragea The automotive NVH material report discusses a comprehensive analysis of the market and focuses on leading companies, products, and products. Additionally, the study also contains upcoming market trends and highlights vital industry developments that will guide our readers carving insightful business plans. An estimation for the market path is drawn from historical models by encompassing factors at the global, regional, and country levels. Drivers & Restraints Stringent Regulations for Curbing Noise Pollution to Bolster Growth Rising demand towards operational vehicles coupled with stringent regulations imposed by governments to reduce noise pollution will drive the automotive NVH material market growth during the forecast period. Also, expanding electric vehicle industry rising investment opportunities will boost the growth of the market. Additionally, rising consumer awareness regarding significance of regulating noise pollution from automobiles will increase the footprint of the market. However, increasing interest towards lighter vehicles will limit the growth of the market during the forecast period. Also, technical transition towards alternative technologies and material will hinder the growth of the market. Regional Insights Asia Pacific to Hold Largest Market Share Due to Expanding Automotive Industry Asia Pacific will contribute the largest automotive NVH material market share due to an expanding automobile sector along with rising demand for effective mobility solutions to name a few. Factors such as increasing purchasing power & improving standard of living of middle class will further push the boundaries of the market. Rising demand for improving passenger comfort will boost the growth of the market. North America will contribute a significant share towards the global contribution due to constantly expanding automotive industry and rising electric vehicle sales. The European market will retain exceptional growth during the forecast period due to high production standards and rising utilization of automotive NVH materials to name a few. Competitive Landscape Novel Product Launches and Mergers & Acquisitions to Help Capture Maximum Market Share The dominant players in the automotive NVH material sector are investing heavily for creating materials that will increase passenger comfort right from the design phase. Primary strategies integrated by leading players is merging and collaborating for creating a varied product line for a larger consumer base. Other players are rushing towards launching novel product launches for capturing maximum revenue. For example, in June 2021, Free Field Technologies and Autoneum collaborated for developing products aimed at assisting OEMs accelerate vehicle acoustic design. The newly developed product will help manage noise and vibration by maximizing the usage of acoustic treatments inside Actran acoustic simulation software. Industry Development- October 2020: Wolverine Advanced Materials announced the launching of their new Value Line of QUIETPATH aftermarket brand brake shim and abutment clip material that have the ability to pertain high noise attenuation in a variety of environmental conditions. List of Key Players Present in the Market- Dow (Midland, Michigan, U.S.) 3M (Minnesota, U.S.) Huntsman International LLC (Texas, U.S.) Solvay (Brussels, Belgium) NITTO DENKO CORPORATION (Osaka, Japan) NVH KOREA (Ulsan, South Korea) Exxon Mobil Corporation (Texas, U.S.) Celanese Corporation (Texas, U.S.) Henkel Corporation (Düsseldorf, Germany) Sumitomo Riko Company Limited (Nagoya, Japan) Borgers SE & Co. KGaA (Bocholt, Germany) Covestro AG (Leverkusen, Germany)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Automotive NVH Materials Market Size, Share & Growth [2028]
    The global automotive NVH materials market is projected to grow from $10.96 billion in 2021 to $16.93 billion in 2028 at a CAGR of 6.4% in forecast period
    0 Comments 0 Shares
  • The U.S. lime market size is anticipated to reach USD 2.46 billion by 2028 and exhibit a CAGR of 1.8% during the forecast period. The rising demand for calcium hydroxide by the steel industry is anticipated to boost market growth in the coming years. Fortune Business InsightsTMhas presented this information in its report titled “U.S. Lime Market, 2021-2028”. The market size stood at USD 2.14 billion in 2020 and USD 2.17 billion in 2021.

    Additionally, the surging demand for several manufacturing applications, including the production of bioplastics, sugar, paper & pulp, glass, and others, is predicted to bolster the market growth in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/u-s-lime-market-106592

    Segmentation-

    On the basis of type, the market is bifurcated into hydrated lime and quick lime. On the basis of application, the market is fragmented into water treatment, mining & metallurgy, building material, agriculture, and others.

    Report Coverage-

    It includes key market developments and information on different market segments.
    It assesses the COVID-19 pandemic’s impact on the market.
    It assimilates key market drivers and restraints.
    It profiles the rankings of key market players accordingly.
    It provides a comprehensive market assessment.
    Drivers & Restraints-

    Rising Demand for Cleaner Steel to Amplify Market Growth

    Lime plays a vital role in the steelmaking process. It impacts productivity, metallurgical properties, steel quality, and total production costs. The market is being driven by the high demand for cleaner steel by the automotive and construction industries. Additionally, the rising architectural development further augments the demand for steel, thereby fueling the U.S. lime market growth.

    Lime is also used in treating industrial and mining wastewater. It maintains the pH levels of the wastewater and removes nitrogen, phosphorous, and other such toxins. This creates high product demand for various applications and amplifies the U.S. lime market growth. The stringent government regulations implemented to treat and limit water contaminants are further helping the market expand.

    Additionally, lime is vital for several manufacturing applications, including the production of bioplastics, sugar, paper & pulp, glass, and others. This is predicted to fuel the market growth in the forthcoming years.

    However, the high carbon emissions that arise during production may hamper the market growth.

    Regional Insights-

    Expanding Construction Industry to Fuel Region’s Growth

    The market size in the U.S. was USD 2.14 billion in 2020. The high product demand from various end-use industries is a key factor boosting the U.S. lime market share. The expanding construction industry and rising infrastructural development are stimulating the market's growth. Moreover, the improvements of water treatment plants by companies located in the region are expected to complement the market growth.

    The major consumers of the product have been construction, environmental, and chemical & industrial markets.

    According to the U.S. government’s Mineral Commodity Study, approximately 16.9 million tons of lime were manufactured in the U.S. in 2019 and was estimated to be approximately 16 million tons in 2020.

    Competitive Landscape-

    Key Players Emphasize Expansions to Gain Competitive Edge

    The market comprises several key players, including Lhoist Group, United States lime & Minerals Inc., Carmeuse, and Mississippi Lime Company. The key players emphasize investments and expansions to acquire a competitive edge in the market. For instance, Carmeuse Overseas commenced the construction of a greenfield lime plant, Chaux de la Teranga, in Bandia Senegal in May 2020. The plant is estimated to have 250 tons/day capacity.

    Industry Developments-

    November 2020: Lhoist North America opened a new distribution facility in Memphis, Tennessee, U.S., for dolomitic quicklime for the steel industry. The company aims to fulfill the rising demand for high purity steel in the steel industry.

    List of Key Market Players-

    Carmeuse (Belgium)
    Lhoist Group (Belgium)
    Graymont Limited (Canada)
    Mississippi Lime Company (U.S.)
    United States Lime & Minerals Inc. (U.S.)
    Linwood Mining & Minerals Corporation (U.S.)
    Minerals Technologies Inc. (U.S.)
    Cheney Lime & Cement Company (U.S.)
    Pete Lien & Sons Inc. (U.S.)
    Valley Mineral LLC (U.S.)
    Brookville Manufacturing (U.S.)
    The U.S. lime market size is anticipated to reach USD 2.46 billion by 2028 and exhibit a CAGR of 1.8% during the forecast period. The rising demand for calcium hydroxide by the steel industry is anticipated to boost market growth in the coming years. Fortune Business InsightsTMhas presented this information in its report titled “U.S. Lime Market, 2021-2028”. The market size stood at USD 2.14 billion in 2020 and USD 2.17 billion in 2021. Additionally, the surging demand for several manufacturing applications, including the production of bioplastics, sugar, paper & pulp, glass, and others, is predicted to bolster the market growth in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/u-s-lime-market-106592 Segmentation- On the basis of type, the market is bifurcated into hydrated lime and quick lime. On the basis of application, the market is fragmented into water treatment, mining & metallurgy, building material, agriculture, and others. Report Coverage- It includes key market developments and information on different market segments. It assesses the COVID-19 pandemic’s impact on the market. It assimilates key market drivers and restraints. It profiles the rankings of key market players accordingly. It provides a comprehensive market assessment. Drivers & Restraints- Rising Demand for Cleaner Steel to Amplify Market Growth Lime plays a vital role in the steelmaking process. It impacts productivity, metallurgical properties, steel quality, and total production costs. The market is being driven by the high demand for cleaner steel by the automotive and construction industries. Additionally, the rising architectural development further augments the demand for steel, thereby fueling the U.S. lime market growth. Lime is also used in treating industrial and mining wastewater. It maintains the pH levels of the wastewater and removes nitrogen, phosphorous, and other such toxins. This creates high product demand for various applications and amplifies the U.S. lime market growth. The stringent government regulations implemented to treat and limit water contaminants are further helping the market expand. Additionally, lime is vital for several manufacturing applications, including the production of bioplastics, sugar, paper & pulp, glass, and others. This is predicted to fuel the market growth in the forthcoming years. However, the high carbon emissions that arise during production may hamper the market growth. Regional Insights- Expanding Construction Industry to Fuel Region’s Growth The market size in the U.S. was USD 2.14 billion in 2020. The high product demand from various end-use industries is a key factor boosting the U.S. lime market share. The expanding construction industry and rising infrastructural development are stimulating the market's growth. Moreover, the improvements of water treatment plants by companies located in the region are expected to complement the market growth. The major consumers of the product have been construction, environmental, and chemical & industrial markets. According to the U.S. government’s Mineral Commodity Study, approximately 16.9 million tons of lime were manufactured in the U.S. in 2019 and was estimated to be approximately 16 million tons in 2020. Competitive Landscape- Key Players Emphasize Expansions to Gain Competitive Edge The market comprises several key players, including Lhoist Group, United States lime & Minerals Inc., Carmeuse, and Mississippi Lime Company. The key players emphasize investments and expansions to acquire a competitive edge in the market. For instance, Carmeuse Overseas commenced the construction of a greenfield lime plant, Chaux de la Teranga, in Bandia Senegal in May 2020. The plant is estimated to have 250 tons/day capacity. Industry Developments- November 2020: Lhoist North America opened a new distribution facility in Memphis, Tennessee, U.S., for dolomitic quicklime for the steel industry. The company aims to fulfill the rising demand for high purity steel in the steel industry. List of Key Market Players- Carmeuse (Belgium) Lhoist Group (Belgium) Graymont Limited (Canada) Mississippi Lime Company (U.S.) United States Lime & Minerals Inc. (U.S.) Linwood Mining & Minerals Corporation (U.S.) Minerals Technologies Inc. (U.S.) Cheney Lime & Cement Company (U.S.) Pete Lien & Sons Inc. (U.S.) Valley Mineral LLC (U.S.) Brookville Manufacturing (U.S.)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    U.S. Lime Market Size, Share, Growth | Research Report [2028]
    The U.S. Lime market is projected to grow from $2.17 billion in 2021 to $2.46 billion in 2028 at a CAGR of 1.8% in forecast period, 2021-2028
    0 Comments 0 Shares
  • The global amines market size was USD 8.96 billion in 2021. The market is expected to grow from USD 9.36 billion in 2022 to USD 12.41 billion in 2029, exhibiting a CAGR of 4.1% during the forecast period. Increasing compound applications from several industries and the rising demand for personal care and cosmetic goods may fuel the industry progress. Fortune Business Insights™ presents this information in its report titled “Amines Market, 2022-2029.”

    Amines are organic compounds found in hormones, alkaloids, vitamins, and proteins. The increasing applications of the organic compound from personal care, chemical processing, agrochemicals, and home products are expected to boost the product’s adoption. Further, the rising demand for personal care and cosmetic sectors are likely to drive the adoption of the product. Rising per-capita income and pursuit for a healthy lifestyle fuel the adoption of the product from consumers, thereby facilitating market growth during the upcoming years.

    Informaton Source - https://www.fortunebusinessinsights.com/amines-market-106578

    Segments

    By product, the market is segmented into ethanolamines, aklylamines, ethyleneamines, fatty amines, and specialty amines. Based on application, it is classified into pesticides, surfactants, personal care, pharmaceuticals, and others. Regionally, it is clubbed into North America, Europe, Asia Pacific, and the Rest of the World.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it studies the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Strong Demand for Ethanolamine in End-Use Sectors to Boost Market Growth

    Triethanolamine (TEA), monoethanolamine (MEA), and diethanolamine (DEA) are three ethanolamines that are used in personal care products, detergents, refining/gas treatment, and others. Personal care and refining/gas treatment. Further, the rising demand for the product from the end-use industry may boost the compound’s adoption. Amine salts are extensively used as flotation agents, corrosion inhibitors, and lubricants, thereby increasing the chemicals’ adoption. Furthermore, the rising demand for oleochemicals and fatty chemicals can bolster market development. In addition, the rising adoption of the compound from the agricultural, cosmetics, medicines, and mining centers may drive the amines market growth.

    However, the hazardous nature of the chemical may hinder the market’s progress in the coming years.

    Regional Insights

    Presence of a Huge Manufacturing Base to Bolster Industry Growth in Asia Pacific

    Asia Pacific is expected to dominate the amines market share due to the presence of a huge manufacturing base. The market in Asia Pacific stood at USD 3.3 billion in 2021 and is expected to gain a huge portion of the market in the upcoming years. Furthermore, the high production of chemicals is expected to boost the adoption of the compound. These factors may propel the industry development.

    In Europe, the robust demand for derivatives, fatty amines, and oleochemicals may boost the adoption of the compound. The growing product adoption from the personal care sector may boost industry growth.

    In North America, the rising demand for crop protection chemicals and pesticides to curb several disorders may bolster market growth. Additionally, the growing demand for the product from the pharmaceuticals and personal care sector may foster industry growth.

    Competitive Landscape

    Companies Enter Joint Ventures to Expand Market Reach

    The prominent companies operating in the market enter joint ventures to expand their market reach globally. For example, Clariant and Wilmar International’s venture GAC 50-50 venture announced its novel investment to construct a third tertiary factory. The factory is located in Indonesia, Surabaya, and Gresik shall support the joint venture with dependability and flexibility. This venture shall enable the company to expand its reach globally and boost its brand image. Furthermore, companies operating in the market devise research and development, product launches, acquisitions, and partnerships to boost their market position.

    Industry Development

    October 2021- Eastman Chemical company boosted its product prices, including methyaminothanol, dimethylaminoethanal, and methyldiethanolamine. The price hike took place from 1st October 2021.
    List of Key Players Profiled in the Report

    BASF SE
    Huntsman Corporation
    Eastman Chemical Company
    Clariant
    Dow Chemical Company
    Taminco
    Tosoh Corporation
    Amines & Plasticizers
    Arkema
    The global amines market size was USD 8.96 billion in 2021. The market is expected to grow from USD 9.36 billion in 2022 to USD 12.41 billion in 2029, exhibiting a CAGR of 4.1% during the forecast period. Increasing compound applications from several industries and the rising demand for personal care and cosmetic goods may fuel the industry progress. Fortune Business Insights™ presents this information in its report titled “Amines Market, 2022-2029.” Amines are organic compounds found in hormones, alkaloids, vitamins, and proteins. The increasing applications of the organic compound from personal care, chemical processing, agrochemicals, and home products are expected to boost the product’s adoption. Further, the rising demand for personal care and cosmetic sectors are likely to drive the adoption of the product. Rising per-capita income and pursuit for a healthy lifestyle fuel the adoption of the product from consumers, thereby facilitating market growth during the upcoming years. Informaton Source - https://www.fortunebusinessinsights.com/amines-market-106578 Segments By product, the market is segmented into ethanolamines, aklylamines, ethyleneamines, fatty amines, and specialty amines. Based on application, it is classified into pesticides, surfactants, personal care, pharmaceuticals, and others. Regionally, it is clubbed into North America, Europe, Asia Pacific, and the Rest of the World. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it studies the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Strong Demand for Ethanolamine in End-Use Sectors to Boost Market Growth Triethanolamine (TEA), monoethanolamine (MEA), and diethanolamine (DEA) are three ethanolamines that are used in personal care products, detergents, refining/gas treatment, and others. Personal care and refining/gas treatment. Further, the rising demand for the product from the end-use industry may boost the compound’s adoption. Amine salts are extensively used as flotation agents, corrosion inhibitors, and lubricants, thereby increasing the chemicals’ adoption. Furthermore, the rising demand for oleochemicals and fatty chemicals can bolster market development. In addition, the rising adoption of the compound from the agricultural, cosmetics, medicines, and mining centers may drive the amines market growth. However, the hazardous nature of the chemical may hinder the market’s progress in the coming years. Regional Insights Presence of a Huge Manufacturing Base to Bolster Industry Growth in Asia Pacific Asia Pacific is expected to dominate the amines market share due to the presence of a huge manufacturing base. The market in Asia Pacific stood at USD 3.3 billion in 2021 and is expected to gain a huge portion of the market in the upcoming years. Furthermore, the high production of chemicals is expected to boost the adoption of the compound. These factors may propel the industry development. In Europe, the robust demand for derivatives, fatty amines, and oleochemicals may boost the adoption of the compound. The growing product adoption from the personal care sector may boost industry growth. In North America, the rising demand for crop protection chemicals and pesticides to curb several disorders may bolster market growth. Additionally, the growing demand for the product from the pharmaceuticals and personal care sector may foster industry growth. Competitive Landscape Companies Enter Joint Ventures to Expand Market Reach The prominent companies operating in the market enter joint ventures to expand their market reach globally. For example, Clariant and Wilmar International’s venture GAC 50-50 venture announced its novel investment to construct a third tertiary factory. The factory is located in Indonesia, Surabaya, and Gresik shall support the joint venture with dependability and flexibility. This venture shall enable the company to expand its reach globally and boost its brand image. Furthermore, companies operating in the market devise research and development, product launches, acquisitions, and partnerships to boost their market position. Industry Development October 2021- Eastman Chemical company boosted its product prices, including methyaminothanol, dimethylaminoethanal, and methyldiethanolamine. The price hike took place from 1st October 2021. List of Key Players Profiled in the Report BASF SE Huntsman Corporation Eastman Chemical Company Clariant Dow Chemical Company Taminco Tosoh Corporation Amines & Plasticizers Arkema
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Amines Market Size & Growth | Global Industry Analysis [2029]
    The global amines market is projected to grow from USD 9.36 billion in 2022 to USD 12.41 billion by 2029, exhibiting a CAGR of 4.1% during the forecast period
    0 Comments 0 Shares
More Stories