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  • Bioplastics Market Size, Share & Forecast 2026
    The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years.

    Postponement of Green Investment by Government amid COVID-19 to Hamper Growth

    According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market.

    Lastly, based on region, the market is categorized into Europe, North America, Asia-Pacific, and Rest of the World.

    What does the Report Include

    The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

    DRIVING FACTORS

    Increasing Demand for Eco-Friendly Plastics to Aid Growth

    According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years.

    REGIONAL INSIGHTS

    Europe – The region is expected to remain dominant and hold the largest global bioplastics market share during the forecast period. The dominance is attributable to the increasing demand for bio-based plastics for packaging purposes in the region. Europe stood at USD 3,460.8 million in 2020.

    Browse Summary:

    https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940
    Bioplastics Market Size, Share & Forecast 2026 The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. Lastly, based on region, the market is categorized into Europe, North America, Asia-Pacific, and Rest of the World. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. REGIONAL INSIGHTS Europe – The region is expected to remain dominant and hold the largest global bioplastics market share during the forecast period. The dominance is attributable to the increasing demand for bio-based plastics for packaging purposes in the region. Europe stood at USD 3,460.8 million in 2020. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940
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    Bioplastics Market Size, Share & Growth | Global Report [2028]
    The global bioplastics market is projected to grow from $7,616.0 million in 2021 to $15,552.3 million in 2028 at a CAGR of 10.7% in forecast period 2021-2028
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  • Cosmetic Packaging Market Size, Share & Forecast 2028The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide. Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers. More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027.

    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

    We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

    Market Drivers

    Rise in Beauty Standards to Propel Growth

    Various factors promoting the cosmetics packaging market growth include a rise in the beauty standards, increasing variety of cosmetics worldwide, and the rising disposable incomes of people. On the contrary, environmental concerns and animal-cruelty cases pose challenges for the market. Nevertheless, the trend of green packaging and conventional packaging solutions with customizable options are expected to create lucrative growth opportunities for the market in the forecast period.

    Regional Segmentation:

    Asia Pacific to Continue Dominance with Rising Disposable Incomes of People

    Asia Pacific dominated the cosmetics packaging market with a revenue of USD 10.50 billion in 2019 with China holding about three-fifth or more share. China is the second-largest cosmetics market after the U.S. The rapidly increasing disposable incomes of people, coupled with the increasing number of young population are likely to aid in the expansion of the market in this region. The currently trending digital transformation is holding major importance in influencing the young generation to be more inclined towards beauty, thereby increasing the demand for cosmetic products and ultimately boosting the regional market.

    On the other side, North America will rank second in the market with the U.S. holding the dominant share owing to the high adoption of green packaging solutions and increasing export relations with the other nations around the world. The market in Europe will also gain traction in the forecast period on account of the gradual switch to post-consumer recycled (PCR) packaging.


    Source: https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
    Cosmetic Packaging Market Size, Share & Forecast 2028The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide. Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers. More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Market Drivers Rise in Beauty Standards to Propel Growth Various factors promoting the cosmetics packaging market growth include a rise in the beauty standards, increasing variety of cosmetics worldwide, and the rising disposable incomes of people. On the contrary, environmental concerns and animal-cruelty cases pose challenges for the market. Nevertheless, the trend of green packaging and conventional packaging solutions with customizable options are expected to create lucrative growth opportunities for the market in the forecast period. Regional Segmentation: Asia Pacific to Continue Dominance with Rising Disposable Incomes of People Asia Pacific dominated the cosmetics packaging market with a revenue of USD 10.50 billion in 2019 with China holding about three-fifth or more share. China is the second-largest cosmetics market after the U.S. The rapidly increasing disposable incomes of people, coupled with the increasing number of young population are likely to aid in the expansion of the market in this region. The currently trending digital transformation is holding major importance in influencing the young generation to be more inclined towards beauty, thereby increasing the demand for cosmetic products and ultimately boosting the regional market. On the other side, North America will rank second in the market with the U.S. holding the dominant share owing to the high adoption of green packaging solutions and increasing export relations with the other nations around the world. The market in Europe will also gain traction in the forecast period on account of the gradual switch to post-consumer recycled (PCR) packaging. Source: https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
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    Cosmetic Packaging Market Size, Share | Global Report [2028]
    The global Cosmetic Packaging market is projected to grow from $30.98 billion in 2021 to $40.96 billion in 2028 at a CAGR of 4.1% in forecast period
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  • Hot Melt Adhesives Market is Projected to Show Profitable Expansions Over the forecast period 2022 to 2027 Along with COVID 19 Impact
    The global hot melt adhesives market size is expected to reach USD 9,702.2 million by 2027, exhibiting a CAGR of 5.3% during the forecast period. The growing need for advanced products coupled with favorable government policies are factors expected to aid expansion of the global market, states Fortune Business Insights, in a report, titled “Hot Melt Adhesives Market Size, Share & COVID-19 Impact Analysis, By Raw Material (Ethylene Vinyl Acetate (EVA), Polyolefin, Styrenic Block Copolymers (SBC), Polyurethane (PU), Polyester, and Others), By Application (Packaging, Assembly, Woodworking, Transportation, Building & Construction, Footwear & Leather, Nonwovens, Bookbinding, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6,745.2 million in 2019.

    Market Driver:

    Increasing Application of Hot Melt Adhesives to Enable Speedy Expansion

    The increasing application of HMAs owing to its advantages such as high productivity induced by process automation, a wide variety of applicability, eco-friendliness, and re-adhesion possibility will have a tremendous impact on this market. The shift from solvent-based adhesive or water-based adhesive to hot-melt adhesive owing to its high-speed adhesion will spur demand in the forthcoming years. For instance, during solidification, HMAs do not lose thickness, whereas solvent-based hot melt adhesives can lose up to 50-70% of layer thickness during the drying process. Moreover, its high efficacy reduces the amount of material used, thereby resulting in low labor costs. The hot-melt adhesive exhibits significant advantages compared to conventional solvent-based adhesives that typically require evaporation and removal of solvents or polymerization to bind substrates together. Hence, the growing utilization of HMA in end-use industries will positively foster the market's healthy growth.


    Shortage of Workers to Retard Business Development amid Coronavirus

    A temporary halt on operations has negatively impacted the global market. The automotive industry experienced a massive hit due to the disruption caused by the coronavirus. For instance, PSA, Renault, and Fiat Chrysler closed their production at their manufacturing plants. Renault halted manufacturing through 12 production sites affecting about 18,000 workers in France. Similarly, the construction industry was destructively impacted by the pandemic. However, high government spending on infrastructure and affordable housing for residents is expected to stabilize the hot melt adhesives market growth in the near future.


    Regional Analysis:

    Booming Construction Industry to Consolidate Market in Asia Pacific

    The market size in Asia Pacific stood at USD 3,138.3 million in 2019. Asia Pacific is expected to dominate the global hot melt adhesives market share during the forecast period. The increasing use of hot melt adhesives in emerging economies such as India, Japan, and China will favor the market in the region. The furniture and building industries are expected to contribute significantly to the growth of the market. The heavy investment in infrastructure is likely to create lucrative opportunities for the market in Asia Pacific. The rapidly expanding packaging industry will spur demand for HMA, thus aiding the market growth in Asia Pacific.

    Browse In-depth Summary of This Research Insight@

    https://www.fortunebusinessinsights.com/industry-reports/hot-melt-adhesives-market-101724
    Hot Melt Adhesives Market is Projected to Show Profitable Expansions Over the forecast period 2022 to 2027 Along with COVID 19 Impact The global hot melt adhesives market size is expected to reach USD 9,702.2 million by 2027, exhibiting a CAGR of 5.3% during the forecast period. The growing need for advanced products coupled with favorable government policies are factors expected to aid expansion of the global market, states Fortune Business Insights, in a report, titled “Hot Melt Adhesives Market Size, Share & COVID-19 Impact Analysis, By Raw Material (Ethylene Vinyl Acetate (EVA), Polyolefin, Styrenic Block Copolymers (SBC), Polyurethane (PU), Polyester, and Others), By Application (Packaging, Assembly, Woodworking, Transportation, Building & Construction, Footwear & Leather, Nonwovens, Bookbinding, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6,745.2 million in 2019. Market Driver: Increasing Application of Hot Melt Adhesives to Enable Speedy Expansion The increasing application of HMAs owing to its advantages such as high productivity induced by process automation, a wide variety of applicability, eco-friendliness, and re-adhesion possibility will have a tremendous impact on this market. The shift from solvent-based adhesive or water-based adhesive to hot-melt adhesive owing to its high-speed adhesion will spur demand in the forthcoming years. For instance, during solidification, HMAs do not lose thickness, whereas solvent-based hot melt adhesives can lose up to 50-70% of layer thickness during the drying process. Moreover, its high efficacy reduces the amount of material used, thereby resulting in low labor costs. The hot-melt adhesive exhibits significant advantages compared to conventional solvent-based adhesives that typically require evaporation and removal of solvents or polymerization to bind substrates together. Hence, the growing utilization of HMA in end-use industries will positively foster the market's healthy growth. Shortage of Workers to Retard Business Development amid Coronavirus A temporary halt on operations has negatively impacted the global market. The automotive industry experienced a massive hit due to the disruption caused by the coronavirus. For instance, PSA, Renault, and Fiat Chrysler closed their production at their manufacturing plants. Renault halted manufacturing through 12 production sites affecting about 18,000 workers in France. Similarly, the construction industry was destructively impacted by the pandemic. However, high government spending on infrastructure and affordable housing for residents is expected to stabilize the hot melt adhesives market growth in the near future. Regional Analysis: Booming Construction Industry to Consolidate Market in Asia Pacific The market size in Asia Pacific stood at USD 3,138.3 million in 2019. Asia Pacific is expected to dominate the global hot melt adhesives market share during the forecast period. The increasing use of hot melt adhesives in emerging economies such as India, Japan, and China will favor the market in the region. The furniture and building industries are expected to contribute significantly to the growth of the market. The heavy investment in infrastructure is likely to create lucrative opportunities for the market in Asia Pacific. The rapidly expanding packaging industry will spur demand for HMA, thus aiding the market growth in Asia Pacific. Browse In-depth Summary of This Research Insight@ https://www.fortunebusinessinsights.com/industry-reports/hot-melt-adhesives-market-101724
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    Hot Melt Adhesives Market Size, Share, Growth & Trends [2029]
    The global hot melt adhesives market is projected to grow from $7.10 billion in 2022 to $10.10 billion by 2029, at a CAGR of 5.2% in forecast period, 2022-2029
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  • Urea Market to Witness Significant Growth in Coming Years - Exclusive Report by 2029
    According to Fortune Business Insights The global urea market size was valued at USD 107.28 billion in 2021. The market is projected to grow from USD 129.52 billion in 2022 to USD 150.61 billion by 2029, exhibiting a CAGR of 2.2% during the forecast period.

    This information is provided by Fortune Business Insights, in its report titled, “Urea Market, 2022-2029.”

    COVID-19 Impacts:

    Market Growth was Negatively Affected by Declining Industry Demand from 2020 to 2021

    Agriculture and animal feed applications account for the majority of carbamide consumption. The global commerce in carbamide and related goods was severely hampered by the shutdown as the coronavirus spread.
    As opposed to the industrial sector, however, the agriculture and animal feed industries showed resilience. Production inconsistencies have a significant impact on potential industrial applications such as resin synthesis, fuel additive production, and chemical manufacturing. Further, shortages of working people and raw materials hampered the urea market growth.

    Segments:

    Fertilizer Grade to Lead Market Due to Extensive its Adoption as Key Nitrogen Fertilizer

    In 2021, fertilizer grade urea held the largest share of the market and is expected to retain it position during foreseeable future. It can be attributed to the increased use of fertilizers to enhance the production of crops.

    Report Coverage:

    The report presents a holistic study of the urea market share along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered.

    Regional Insights:

    Asia Pacific to Maintain Domination Supported by Increase in Food Demand

    The Asia Pacific market was worth USD 71.05 billion in 2021. The region's population is growing rapidly, which has led to an increase in food demand. Due to this, there is now a greater need for fertilizers to boost crop output on each hectare of agricultural land.
    Carbamide is heavily imported into Europe from the Middle East & Asia. The product's technology advancements are anticipated to lower carbon emissions and lower input costs, supported by tight restrictions. The region's market is being driven by its developed automobile industry.
    During the time of the forecast, North America is anticipated to be a market with consistent growth. This region's growth is primarily related to increased agriculture and demand for industrial applications.

    Browse Summary:

    https://www.fortunebusinessinsights.com/urea-market-106850
    Urea Market to Witness Significant Growth in Coming Years - Exclusive Report by 2029 According to Fortune Business Insights The global urea market size was valued at USD 107.28 billion in 2021. The market is projected to grow from USD 129.52 billion in 2022 to USD 150.61 billion by 2029, exhibiting a CAGR of 2.2% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Urea Market, 2022-2029.” COVID-19 Impacts: Market Growth was Negatively Affected by Declining Industry Demand from 2020 to 2021 Agriculture and animal feed applications account for the majority of carbamide consumption. The global commerce in carbamide and related goods was severely hampered by the shutdown as the coronavirus spread. As opposed to the industrial sector, however, the agriculture and animal feed industries showed resilience. Production inconsistencies have a significant impact on potential industrial applications such as resin synthesis, fuel additive production, and chemical manufacturing. Further, shortages of working people and raw materials hampered the urea market growth. Segments: Fertilizer Grade to Lead Market Due to Extensive its Adoption as Key Nitrogen Fertilizer In 2021, fertilizer grade urea held the largest share of the market and is expected to retain it position during foreseeable future. It can be attributed to the increased use of fertilizers to enhance the production of crops. Report Coverage: The report presents a holistic study of the urea market share along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. Regional Insights: Asia Pacific to Maintain Domination Supported by Increase in Food Demand The Asia Pacific market was worth USD 71.05 billion in 2021. The region's population is growing rapidly, which has led to an increase in food demand. Due to this, there is now a greater need for fertilizers to boost crop output on each hectare of agricultural land. Carbamide is heavily imported into Europe from the Middle East & Asia. The product's technology advancements are anticipated to lower carbon emissions and lower input costs, supported by tight restrictions. The region's market is being driven by its developed automobile industry. During the time of the forecast, North America is anticipated to be a market with consistent growth. This region's growth is primarily related to increased agriculture and demand for industrial applications. Browse Summary: https://www.fortunebusinessinsights.com/urea-market-106850
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    Urea Market Size, Share & Growth | Industry Forecast [2029]
    The global urea market is projected to grow from $129.52 billion in 2022 to $150.61 billion by 2029, at a CAGR of 2.2% in the forecast period, 2022-2029
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  • Agricultural Films Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2026
    As per a report published by Fortune Business Insights The global agricultural films market size is predicted to reach USD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for plastics in agricultural applications. This, factor will boost the agricultural films market trends. In addition, agricultural film has the capabilities of enhancing the productivity of the crops. Thus, growing demand for agricultural films owing to its capabilities will bolster healthy growth of the market.

    The agricultural films Industry size stood at USD 8,686.0 million in 2018.The agricultural films market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner.

    Market Driver:

    Environmental Concerns to Motivate Chances for Biodegradable Films

    The growing environmental issues and human health threats has made biodegradable films as an alternative solution for the agricultural films sector. The rising efforts for the development of biodegradable or edible films from biopolymers with an aim to improve crops performance and farming practices among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films are made from natural polymers and are propitious, as it improves crop quality, increases yields, reduces water use for irrigation, enhances control, and pesticides. Moreover, strict government guidelines regarding environment protection will result in the expansion of the market in the forthcoming years. In addition, these films are completely organic, helping the bacterial flora to transform films into water and biomass, carbon dioxide or methane, hence reduction in water pollution.

    Regional Analysis:

    Surge in Food Production to Stimulate Growth in Asia Pacific

    The growing population and Favorable government regulations will propel market in the region. North America is predicted to witness a high growth rate during the forecast period owing to the rising consumers shift towards plant based-food. Europe is predicted to rise perpetually in the forthcoming years owing to the rising use of biodegradable agricultural films in the region. The market in Asia Pacific stood at USD 5,924.4 million in 2018 and is expected to grow rapidly during the forecast period owing to the rising food production in the developing countries such as India and China. The growing use of mulching agricultural films will enable healthy growth of the market in Asia Pacific.

    Source:https://www.fortunebusinessinsights.com/agricultural-films-market-102701
    Agricultural Films Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2026 As per a report published by Fortune Business Insights The global agricultural films market size is predicted to reach USD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for plastics in agricultural applications. This, factor will boost the agricultural films market trends. In addition, agricultural film has the capabilities of enhancing the productivity of the crops. Thus, growing demand for agricultural films owing to its capabilities will bolster healthy growth of the market. The agricultural films Industry size stood at USD 8,686.0 million in 2018.The agricultural films market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner. Market Driver: Environmental Concerns to Motivate Chances for Biodegradable Films The growing environmental issues and human health threats has made biodegradable films as an alternative solution for the agricultural films sector. The rising efforts for the development of biodegradable or edible films from biopolymers with an aim to improve crops performance and farming practices among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films are made from natural polymers and are propitious, as it improves crop quality, increases yields, reduces water use for irrigation, enhances control, and pesticides. Moreover, strict government guidelines regarding environment protection will result in the expansion of the market in the forthcoming years. In addition, these films are completely organic, helping the bacterial flora to transform films into water and biomass, carbon dioxide or methane, hence reduction in water pollution. Regional Analysis: Surge in Food Production to Stimulate Growth in Asia Pacific The growing population and Favorable government regulations will propel market in the region. North America is predicted to witness a high growth rate during the forecast period owing to the rising consumers shift towards plant based-food. Europe is predicted to rise perpetually in the forthcoming years owing to the rising use of biodegradable agricultural films in the region. The market in Asia Pacific stood at USD 5,924.4 million in 2018 and is expected to grow rapidly during the forecast period owing to the rising food production in the developing countries such as India and China. The growing use of mulching agricultural films will enable healthy growth of the market in Asia Pacific. Source:https://www.fortunebusinessinsights.com/agricultural-films-market-102701
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    Agricultural Films Market Size, Growth | Forecast Report [2028]
    The global agricultural films market is expected to grow from USD 10.25 billion in 2021 to USD 15.37 billion in 2028 at a CAGR of 5.0% in the 2021-2028 period
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  • Can Coatings Market Growth, Segments, Research Report, Fortune Business Insights and Forecast by 2026
    The global can coatings market size is projected to reach USD 2.65 billion by the end of 2026. The increasing demand for the product across numerous industries will create several growth opportunities. According to a report published by Fortune Business Insights, titled “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 1.97 billion in 2018 and will exhibit a CAGR of 3.8% during the forecast period, 2019-2026.

    The report will include the impact of the Covid-19 pandemic on the global. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.
    Can coatings are used to prevent the reaction of foods inside the cans. It is mostly made of organic substances and allows storage of foods for a longer duration. Can coatings are widely used to increase the overall shelf life of the food products that are being sold in commercial stores as well as indoors. The increasing demand for canned foods and presence of several retail stores and stores across the world will have a huge impact on the growth of the overall market in the coming years. The growing demand for canned foods, driven by the adoption of fast paced lifestyle will bode well for the growth of the overall can coatings market in the forthcoming years. The availability of raw materials used for producing can coatings will emerge in favor of market growth.

    Increasing Efforts taken to Integrate Non-harmful Substances Will Create Several Growth Opportunities

    The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, growing efforts taken to integrate organic substances in can coatings by major companies across the world will have a huge impact on the growth of the market in the coming years. Accounting to the huge demand for organic products, several companies are putting in more efforts to maximize the use of substances that will have the least impact on the stored foods. In March 2016, Campbell Soup Company announced that it has taken the decision to shift to cans that do not involve the use of Bisphenol A linings. The company announced that it will be using cans with acrylic or polyester linings. The company will look to sell across the United States as well as Canada. Campbell Soup’s latest activity will have a direct impact on the growth of the overall market in the foreseeable future.

    North America to Emerge Dominant; Increasing Adoption of Metal Cans Will Aid Growth

    The report analyzes ongoing market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in North America is projected to emerge dominant in the coming years. The increasing use of metal cans by major companies across the region will emerge in favor of market growth. The high investment in the development of efficient products by major companies will bode well for the growth of the market in this region. As of 2018, the market in 2018 was worth USD 675.5 million and this value is projected to increase further in the coming years. Besides North America, the market in Europe will witness considerable growth rate in the coming years driven by the increasing demand for the product in the food and beverages and personal care industries.


    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/can-coatings-market-102537

    Can Coatings Market Growth, Segments, Research Report, Fortune Business Insights and Forecast by 2026 The global can coatings market size is projected to reach USD 2.65 billion by the end of 2026. The increasing demand for the product across numerous industries will create several growth opportunities. According to a report published by Fortune Business Insights, titled “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 1.97 billion in 2018 and will exhibit a CAGR of 3.8% during the forecast period, 2019-2026. The report will include the impact of the Covid-19 pandemic on the global. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic. Can coatings are used to prevent the reaction of foods inside the cans. It is mostly made of organic substances and allows storage of foods for a longer duration. Can coatings are widely used to increase the overall shelf life of the food products that are being sold in commercial stores as well as indoors. The increasing demand for canned foods and presence of several retail stores and stores across the world will have a huge impact on the growth of the overall market in the coming years. The growing demand for canned foods, driven by the adoption of fast paced lifestyle will bode well for the growth of the overall can coatings market in the forthcoming years. The availability of raw materials used for producing can coatings will emerge in favor of market growth. Increasing Efforts taken to Integrate Non-harmful Substances Will Create Several Growth Opportunities The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, growing efforts taken to integrate organic substances in can coatings by major companies across the world will have a huge impact on the growth of the market in the coming years. Accounting to the huge demand for organic products, several companies are putting in more efforts to maximize the use of substances that will have the least impact on the stored foods. In March 2016, Campbell Soup Company announced that it has taken the decision to shift to cans that do not involve the use of Bisphenol A linings. The company announced that it will be using cans with acrylic or polyester linings. The company will look to sell across the United States as well as Canada. Campbell Soup’s latest activity will have a direct impact on the growth of the overall market in the foreseeable future. North America to Emerge Dominant; Increasing Adoption of Metal Cans Will Aid Growth The report analyzes ongoing market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in North America is projected to emerge dominant in the coming years. The increasing use of metal cans by major companies across the region will emerge in favor of market growth. The high investment in the development of efficient products by major companies will bode well for the growth of the market in this region. As of 2018, the market in 2018 was worth USD 675.5 million and this value is projected to increase further in the coming years. Besides North America, the market in Europe will witness considerable growth rate in the coming years driven by the increasing demand for the product in the food and beverages and personal care industries. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/can-coatings-market-102537
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    Can Coatings Market Size, Share | Global Industry Report, 2026
    The global can coatings market Size was valued at USD 1.97 billion in 2018, and is projected to reach USD 2.65 billion by 2026, exhibiting a CAGR of 3.8% during the forecast period from 2019 – 2026.
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  • Cosmetic Packaging Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2028
    The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide. Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers. More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027.

    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

    We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.


    Regional Segmentation:

    Asia Pacific to Continue Dominance with Rising Disposable Incomes of People

    Asia Pacific dominated the cosmetics packaging market with a revenue of USD 10.50 billion in 2019 with China holding about three-fifth or more share. China is the second-largest cosmetics market after the U.S. The rapidly increasing disposable incomes of people, coupled with the increasing number of young population are likely to aid in the expansion of the market in this region. The currently trending digital transformation is holding major importance in influencing the young generation to be more inclined towards beauty, thereby increasing the demand for cosmetic products and ultimately boosting the regional market.

    On the other side, North America will rank second in the market with the U.S. holding the dominant share owing to the high adoption of green packaging solutions and increasing export relations with the other nations around the world. The market in Europe will also gain traction in the forecast period on account of the gradual switch to post-consumer recycled (PCR) packaging.

    Competitive Landscape

    Fragmented Nature of Market Will Intensify Future Competition

    The cosmetics packaging market is fragmented in nature with the presence of multiple players. Major players are switching to reused and recycled products, keeping in mind the environmental concerns of waste management and are adopting sustainable packaging solutions. For instance, the French cosmetics brand L’Oreal has established several designated stores where they accept empty body care product bottles and jars from consumers and further convert them into new packaging used for various community projects. Such initiatives are likely to attract high revenue in the market during the forecast period. Besides this, the players are also engaging in mergers and acquisitions, contracts and agreements, joint ventures, partnerships, and other strategies for gaining a competitive edge in the market during the forecast years.


    Source: https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
    Cosmetic Packaging Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2028 The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide. Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers. More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Regional Segmentation: Asia Pacific to Continue Dominance with Rising Disposable Incomes of People Asia Pacific dominated the cosmetics packaging market with a revenue of USD 10.50 billion in 2019 with China holding about three-fifth or more share. China is the second-largest cosmetics market after the U.S. The rapidly increasing disposable incomes of people, coupled with the increasing number of young population are likely to aid in the expansion of the market in this region. The currently trending digital transformation is holding major importance in influencing the young generation to be more inclined towards beauty, thereby increasing the demand for cosmetic products and ultimately boosting the regional market. On the other side, North America will rank second in the market with the U.S. holding the dominant share owing to the high adoption of green packaging solutions and increasing export relations with the other nations around the world. The market in Europe will also gain traction in the forecast period on account of the gradual switch to post-consumer recycled (PCR) packaging. Competitive Landscape Fragmented Nature of Market Will Intensify Future Competition The cosmetics packaging market is fragmented in nature with the presence of multiple players. Major players are switching to reused and recycled products, keeping in mind the environmental concerns of waste management and are adopting sustainable packaging solutions. For instance, the French cosmetics brand L’Oreal has established several designated stores where they accept empty body care product bottles and jars from consumers and further convert them into new packaging used for various community projects. Such initiatives are likely to attract high revenue in the market during the forecast period. Besides this, the players are also engaging in mergers and acquisitions, contracts and agreements, joint ventures, partnerships, and other strategies for gaining a competitive edge in the market during the forecast years. Source: https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
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    Cosmetic Packaging Market Size, Share | Global Report [2028]
    The global Cosmetic Packaging market is projected to grow from $30.98 billion in 2021 to $40.96 billion in 2028 at a CAGR of 4.1% in forecast period
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  • Polymer Foam Market Growth Size, Share, Industry Analysis, Future Growth, Business Prospects and Forecast to 2027
    The global polymer foam market size is projected to reach USD 157.63 billion by 2027, exhibiting a CAGR of 7.73% during the forecast period. Development of biodegradable polymeric foams will play a crucial role in expanding the scope of this market, observes Fortune Business Insights™ in its report, titled “Polymer Foam Market Size, Share & COVID-19 Impact Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel and Others), and Regional Forecast, 2020-2027”. This foam is created by dispersing gas into the polymer matrix and can take the form of expanded rubber, cellular elastomers, or sponges. Traditional polymeric foams use petroleum products as raw materials, which has led to heightened environmental concerns as these products are extensively utilized in various end-use industries. As a result, companies are now focused on developing biodegradable polymer foams that are sustainable and whose cost or production is not affected by changes in crude oil prices. For example, New York-based Ecovative Design released Myco Foam in 2016, which the company developed from mycelium, the vegetative part of the mushroom. This foam is 100% biodegradable that can substitute polystyrene in packaging and thermal insulation applications.

    The outbreak of the COVID-19 pandemic has triggered widespread turmoil in the global economic dynamics. Businesses around the world are struggling to cope with rapidly changing circumstances. Governments are devising innovative policies and measures to steer their countries out of these troubled waters. We are also taking solid efforts to generate intelligent analysis on different markets and providing a detailed assessment of the impact of this pandemic on your business

    Market Driver

    Research into Recyclable Polymer Foams to Create Promising Prospects

    An emerging trend that is expected to catalyze the polymer foam market growth is the increasing research conducted to study the viability of recycling waste polymer foams such as phenolic foam and polyethylene terephthalate (PET) foam. A study published in the journal ‘Industrial Crops and Products’ in 2017, which created polyurethane rigid foams from recycled PET, found that the rigidity of PU foams grew three-fold and strength enhanced two-fold after adding adipic acid and glycerol. Another study published in the journal ‘Polymer Degradation and Stability’ found that recycled rigid polyisocyanurate foams derived from recovered polyols exhibited improved mechanical properties and cellular structure compared to those made from virgin polyols. Such research studies can be utilized by players to synthesize environment-friendly polymeric foams and augment the potential of this market.

    Regional Insights

    Asia Pacific to Lead the Market Backed up High Consumption of Polymer Materials

    Asia Pacific, with market size of USD 50.36 billion in 2019, is expected to dominate the polymer foam market share during the forecast period owing to the consistently high demand and consumption of polymerized materials. This trend is mainly driven by the exponential growth in building & construction activities in the developing economies of India, China, Vietnam, and Bangladesh.

    In Europe, the market is anticipated to grow at a remarkable pace on account of wide utilization of these polymer type of foams in automotive interiors and augmenting the safety quotient in vehicles. In North America, increasing demand for effective insulation materials for food packaging will be the prime factor driving the regional market growth.

    Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698

    Polymer Foam Market Growth Size, Share, Industry Analysis, Future Growth, Business Prospects and Forecast to 2027 The global polymer foam market size is projected to reach USD 157.63 billion by 2027, exhibiting a CAGR of 7.73% during the forecast period. Development of biodegradable polymeric foams will play a crucial role in expanding the scope of this market, observes Fortune Business Insights™ in its report, titled “Polymer Foam Market Size, Share & COVID-19 Impact Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel and Others), and Regional Forecast, 2020-2027”. This foam is created by dispersing gas into the polymer matrix and can take the form of expanded rubber, cellular elastomers, or sponges. Traditional polymeric foams use petroleum products as raw materials, which has led to heightened environmental concerns as these products are extensively utilized in various end-use industries. As a result, companies are now focused on developing biodegradable polymer foams that are sustainable and whose cost or production is not affected by changes in crude oil prices. For example, New York-based Ecovative Design released Myco Foam in 2016, which the company developed from mycelium, the vegetative part of the mushroom. This foam is 100% biodegradable that can substitute polystyrene in packaging and thermal insulation applications. The outbreak of the COVID-19 pandemic has triggered widespread turmoil in the global economic dynamics. Businesses around the world are struggling to cope with rapidly changing circumstances. Governments are devising innovative policies and measures to steer their countries out of these troubled waters. We are also taking solid efforts to generate intelligent analysis on different markets and providing a detailed assessment of the impact of this pandemic on your business Market Driver Research into Recyclable Polymer Foams to Create Promising Prospects An emerging trend that is expected to catalyze the polymer foam market growth is the increasing research conducted to study the viability of recycling waste polymer foams such as phenolic foam and polyethylene terephthalate (PET) foam. A study published in the journal ‘Industrial Crops and Products’ in 2017, which created polyurethane rigid foams from recycled PET, found that the rigidity of PU foams grew three-fold and strength enhanced two-fold after adding adipic acid and glycerol. Another study published in the journal ‘Polymer Degradation and Stability’ found that recycled rigid polyisocyanurate foams derived from recovered polyols exhibited improved mechanical properties and cellular structure compared to those made from virgin polyols. Such research studies can be utilized by players to synthesize environment-friendly polymeric foams and augment the potential of this market. Regional Insights Asia Pacific to Lead the Market Backed up High Consumption of Polymer Materials Asia Pacific, with market size of USD 50.36 billion in 2019, is expected to dominate the polymer foam market share during the forecast period owing to the consistently high demand and consumption of polymerized materials. This trend is mainly driven by the exponential growth in building & construction activities in the developing economies of India, China, Vietnam, and Bangladesh. In Europe, the market is anticipated to grow at a remarkable pace on account of wide utilization of these polymer type of foams in automotive interiors and augmenting the safety quotient in vehicles. In North America, increasing demand for effective insulation materials for food packaging will be the prime factor driving the regional market growth. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698
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    Polymer Foam Market Size | Global Industry Forecast [2020-2027]
    The global polymer foam market size was $114.88 billion in 2019 & it is projected to reach $157.63 billion by 2027, exhibiting a CAGR of 7.73% in forecast period
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  • Synthetic Rubber Market Size, Global, Growth, Share, Overview and Forecast by 2029
    The synthetic rubber market size was pegged at USD 28.89 billion in 2021. The market is anticipated to rise from USD 29.86 billion in 2022 to USD 41.73 billion by 2029 at a 4.9% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, “Synthetic Rubber Market, 2022-2029.”

    According to the study, artificial elastomer has gained an uptick following the need for high tensile strength, recyclability and resistance to abrasion and swelling. Growing investments in research & development activities and demand from construction, aerospace, and construction sectors will augur well for the business outlook. Industry players expect the ensuing period to provide promising growth opportunities with rising demand from the end-users.

    COVID-19 Impact

    Manufacturing Plant Shutdown Challenged Stakeholders to Expand their Footfall

    A notable dip in the aviation sector and automotive industry did not bode well for leading companies gearing to expand their portfolios. The potential closure of manufacturing plants and postponement of projects challenged leading companies. Supply chain disruptions across the end-use sectors sent shock waves in the global landscape. That said, robust government policies could encourage major players to boost their portfolios. Economic revival and rise in automotive production could reshape the industry dynamics.

    Report Coverage

    The report offers a comprehensive perspective of the market size, share, volume, and revenue. It has also delved into SWOT analysis and Porters’ Five Force Analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. The primary interviews validate assumptions, findings and the prevailing business scenarios. The report also includes secondary resources, such as annual reports, press releases, white papers and journals.

    Drivers and Restraints

    Notable Trends from Automotive Sector to Propel Industry Outlook

    The synthetic rubber market share will witness an upward trajectory on the back of surging demand for anti-slip properties across tire applications, including door & window profiles, flooring, O-rings & gaskets, hoses and belts. The automotive sector is likely to exhibit traction for synthetic rubber following the need for abrasion and temperature resistance. It is worth noting that artificial rubber has gained an uptick owing to its suitability for applications in environments exposed to high temperatures, greases, chemicals and oxidizing compounds.


    Browse Summary:

    https://www.fortunebusinessinsights.com/synthetic-rubber-market-102144

    Synthetic Rubber Market Size, Global, Growth, Share, Overview and Forecast by 2029 The synthetic rubber market size was pegged at USD 28.89 billion in 2021. The market is anticipated to rise from USD 29.86 billion in 2022 to USD 41.73 billion by 2029 at a 4.9% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, “Synthetic Rubber Market, 2022-2029.” According to the study, artificial elastomer has gained an uptick following the need for high tensile strength, recyclability and resistance to abrasion and swelling. Growing investments in research & development activities and demand from construction, aerospace, and construction sectors will augur well for the business outlook. Industry players expect the ensuing period to provide promising growth opportunities with rising demand from the end-users. COVID-19 Impact Manufacturing Plant Shutdown Challenged Stakeholders to Expand their Footfall A notable dip in the aviation sector and automotive industry did not bode well for leading companies gearing to expand their portfolios. The potential closure of manufacturing plants and postponement of projects challenged leading companies. Supply chain disruptions across the end-use sectors sent shock waves in the global landscape. That said, robust government policies could encourage major players to boost their portfolios. Economic revival and rise in automotive production could reshape the industry dynamics. Report Coverage The report offers a comprehensive perspective of the market size, share, volume, and revenue. It has also delved into SWOT analysis and Porters’ Five Force Analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. The primary interviews validate assumptions, findings and the prevailing business scenarios. The report also includes secondary resources, such as annual reports, press releases, white papers and journals. Drivers and Restraints Notable Trends from Automotive Sector to Propel Industry Outlook The synthetic rubber market share will witness an upward trajectory on the back of surging demand for anti-slip properties across tire applications, including door & window profiles, flooring, O-rings & gaskets, hoses and belts. The automotive sector is likely to exhibit traction for synthetic rubber following the need for abrasion and temperature resistance. It is worth noting that artificial rubber has gained an uptick owing to its suitability for applications in environments exposed to high temperatures, greases, chemicals and oxidizing compounds. Browse Summary: https://www.fortunebusinessinsights.com/synthetic-rubber-market-102144
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    Synthetic Rubber Market Size, Share & Growth | Report [2029]
    The global synthetic rubber market is projected to grow from $29.86 billion in 2022 to $41.73 billion by 2029, at a CAGR of 4.9% in forecast period, 2022-2029
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  • Ceramic Inks Market 2021 Global Trends, Key Company Profiles, Share, Growth, Analysis, Opportunities and Forecast
    The global ceramic inks market size is projected to grow from USD 2.24 billion in 2021 to USD 3.66 billion in 2028. The increasing usage of drop-on-demand (DOD) ink-jet print heads (IJP) in printers is likely to affect growth positively. Also, water-based systems are capable of controlling rheology, homogeneity, and stability. Fortune Business Insights™ provided this information in a report, titled, “Ceramic Inks Market, 2021-2028.” As per the report, the market stood at USD 2.07 billion in 2020. It is set to exhibit a CAGR of 7.3% during the forecast period between 2021-2028.

    Ferro Corporation Sells its Tile Coatings Business to Pigments Spain, S.L.

    In December 2019, Ferro Corporation, producer of technology-based performance materials for manufacturers headquartered in the U.S. signed an agreement with Pigments Spain, S.L. to sell its Tile Coatings Business. As per one of the company officials, “This transaction would help us to boost our Dynamic Innovation and Optimization phase for strengthening the balance sheet. It would also enhance our portfolio and lower our end-market exposure, as well as the manufacturing footprint.” Such innovative developments by companies would help in surging the demand for ceramic inks in the upcoming years.


    Drivers & Restraints-

    Rising Adoption of Organic Solvents to Drive Growth

    Nowadays, the utilization of organic solvents has increased rapidly because of their high efficacy. Environmentally friendly inkjet printing materials are also used for digital printing. These ceramic type of inks can be created from nano-sized CoAl2O4 ceramic pigment. It would not only provide strong jetting characteristics, but also robust dispersion stability. Zschimmer & Schwarz Group, for instance, launched a new research project called Aquaglaze in 2019. It will be used to develop water-based digital glazes. However, to be jetttable, the ink must have unique rheological properties. The absence of this may hinder the ceramic inks market growth.

    Segments-

    Glass Printing Segment Procured 30.0% Share in 2020 in U.S.: Fortune Business Insights™

    By application, the market is segregated into food container printing, glass printing, ceramic tiles, and others. Amongst these, the glass printing segment earned 30.0% in terms of the U.S. ceramic inks market share in 2020. The ceramic tiles segment, on the other hand, remained at the forefront in the same year on account of their extensive usage in construction works.

    Information Source:

    https://www.fortunebusinessinsights.com/ceramic-inks-market-105521
    Ceramic Inks Market 2021 Global Trends, Key Company Profiles, Share, Growth, Analysis, Opportunities and Forecast The global ceramic inks market size is projected to grow from USD 2.24 billion in 2021 to USD 3.66 billion in 2028. The increasing usage of drop-on-demand (DOD) ink-jet print heads (IJP) in printers is likely to affect growth positively. Also, water-based systems are capable of controlling rheology, homogeneity, and stability. Fortune Business Insights™ provided this information in a report, titled, “Ceramic Inks Market, 2021-2028.” As per the report, the market stood at USD 2.07 billion in 2020. It is set to exhibit a CAGR of 7.3% during the forecast period between 2021-2028. Ferro Corporation Sells its Tile Coatings Business to Pigments Spain, S.L. In December 2019, Ferro Corporation, producer of technology-based performance materials for manufacturers headquartered in the U.S. signed an agreement with Pigments Spain, S.L. to sell its Tile Coatings Business. As per one of the company officials, “This transaction would help us to boost our Dynamic Innovation and Optimization phase for strengthening the balance sheet. It would also enhance our portfolio and lower our end-market exposure, as well as the manufacturing footprint.” Such innovative developments by companies would help in surging the demand for ceramic inks in the upcoming years. Drivers & Restraints- Rising Adoption of Organic Solvents to Drive Growth Nowadays, the utilization of organic solvents has increased rapidly because of their high efficacy. Environmentally friendly inkjet printing materials are also used for digital printing. These ceramic type of inks can be created from nano-sized CoAl2O4 ceramic pigment. It would not only provide strong jetting characteristics, but also robust dispersion stability. Zschimmer & Schwarz Group, for instance, launched a new research project called Aquaglaze in 2019. It will be used to develop water-based digital glazes. However, to be jetttable, the ink must have unique rheological properties. The absence of this may hinder the ceramic inks market growth. Segments- Glass Printing Segment Procured 30.0% Share in 2020 in U.S.: Fortune Business Insights™ By application, the market is segregated into food container printing, glass printing, ceramic tiles, and others. Amongst these, the glass printing segment earned 30.0% in terms of the U.S. ceramic inks market share in 2020. The ceramic tiles segment, on the other hand, remained at the forefront in the same year on account of their extensive usage in construction works. Information Source: https://www.fortunebusinessinsights.com/ceramic-inks-market-105521
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    Ceramic Inks Market Size, Share | Global Forecast Report, 2028
    The global ceramic inks market is projected to grow from $2.24 billion in 2021 to $3.66 billion in 2028 at a CAGR of 7.3% during forecast period, 2021-2028
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