• Narrowband IoT (NB-IoT) Chipset Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031

    Market Scope & Overview
    The study's thorough understanding of the (NB-IoT) Chipset market sector and recommendations for how to position oneself for competitive advantage would be helpful to market participants, investors, stakeholders, and new market entrants alike. The report offers an analytical review of the Narrowband IoT (NB-IoT) Chipset market together with current trends and future estimates in order to find potential investment possibilities. The sales, revenue, and pricing assessments of lead producers, distributors, traders, and dealers are among the major elements impacting the development of this industry. Its statistical analysis of the global market takes into account important metrics including CAGR, revenue, volume, and market share. A substantial number of international market intelligence studies are included.
    The Porter's Five Forces, prospects, significant segmentation, strategies, key drivers of growth, and the competitive landscape are all examined in the Narrowband IoT (NB-IoT) Chipset market analysis. This study should be beneficial to market investors, stakeholders, and existing and potential market participants who wish to better understand market dynamics and gain a competitive advantage. Predictions for the post-pandemic environment and the effects of the COVID-19 pandemic on the market are also included.

    Market Segmentation
    To better understand market dynamics, the global Narrowband IoT (NB-IoT) Chipset market is divided into four categories: product type, application, geography, and end-use. This study, which includes tables and figures to aid in the research, offers important information on the state of the market and is a great resource for companies and people who are interested in the market. In the most recent global market analysis for the review period, the market is segmented into many groups based on product type, end use, and application. Nevertheless, these regions are thoroughly investigated and regional and national market research are both undertaken.
    Get Sample Copy of this Report @ https://www.snsinsider.com/sample-request/1370

    Regional Outlook
    The study examines the narrow band technologies market in North America, Europe, Asia Pacific, and the Rest of the World. In 2023, North America's market reached USD 1.87 billion and is forecasted to grow at a CAGR of 43.90% during the study period. This growth is attributed to leading network service providers like Qualcomm Inc., AT&T, Verizon (Celico Partnership), and T-Mobile US Inc., catering to industrial and commercial sectors. Factors such as high disposable income, increasing tech adoption, and continuous innovation drive market growth in North America.
    As for Discount on This Exclusive Report @ https://www.snsinsider.com/discount/1370

    Competitive Scenario
    In-depth analyses of macroeconomic data, controlling factors, and market attractiveness by segment are all included in the study document. The development of the main market rivals was assessed using the SWOT analysis, feasibility research, investment return analysis, and Porter's five forces analysis, among other tools. The study provides a comprehensive analysis of the global Narrowband IoT (NB-IoT) Chipset market based on the degree of competition and its anticipated development. The market research is based on information gathered directly from sources, qualitative and competitive analysis by industry analysts, input from industry experts, and input from businesses at all levels of the industry.

    Major Questions Covered in the Narrowband IoT (NB-IoT) Chipset Market Report
    • What are the main market trends and the elements encouraging or impeding growth?

    • What business opportunities might stakeholders expect as a result of identifying high-growth industries?

    • What are the major events and initiatives taken placed in the target market?

    Report Conclusion
    To learn more about the, Narrowband IoT (NB-IoT) Chipset Market request an analyst briefing. You can use the research report's authentic data to make sound business decisions that benefit the market
    Buy This Report @ https://www.snsinsider.com/checkout/1370

    Key Players
    The Key Player in Global Narrowband IoT (NB-IoT) Chipset Market are Huawei, RDA, MediaTek, Cheerzing, Altair Semiconductor (Sony Group Company),Telit Communications, Nordic Semiconductor, Sequans Communications, Qualcomm, ZTE, Sanechips, u-blox, Samsung, Sierra Wireless, Sercomm, Quectel ,Intel and others

    Contact Us
    Akash Anand – Head of Business Development & Strategy
    info@snsinsider.com
    Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
    Narrowband IoT (NB-IoT) Chipset Market Analysis with COVID-19 Impact on Business Growth, and Forecast 2024-2031 Market Scope & Overview The study's thorough understanding of the (NB-IoT) Chipset market sector and recommendations for how to position oneself for competitive advantage would be helpful to market participants, investors, stakeholders, and new market entrants alike. The report offers an analytical review of the Narrowband IoT (NB-IoT) Chipset market together with current trends and future estimates in order to find potential investment possibilities. The sales, revenue, and pricing assessments of lead producers, distributors, traders, and dealers are among the major elements impacting the development of this industry. Its statistical analysis of the global market takes into account important metrics including CAGR, revenue, volume, and market share. A substantial number of international market intelligence studies are included. The Porter's Five Forces, prospects, significant segmentation, strategies, key drivers of growth, and the competitive landscape are all examined in the Narrowband IoT (NB-IoT) Chipset market analysis. This study should be beneficial to market investors, stakeholders, and existing and potential market participants who wish to better understand market dynamics and gain a competitive advantage. Predictions for the post-pandemic environment and the effects of the COVID-19 pandemic on the market are also included. Market Segmentation To better understand market dynamics, the global Narrowband IoT (NB-IoT) Chipset market is divided into four categories: product type, application, geography, and end-use. This study, which includes tables and figures to aid in the research, offers important information on the state of the market and is a great resource for companies and people who are interested in the market. In the most recent global market analysis for the review period, the market is segmented into many groups based on product type, end use, and application. Nevertheless, these regions are thoroughly investigated and regional and national market research are both undertaken. Get Sample Copy of this Report @ https://www.snsinsider.com/sample-request/1370 Regional Outlook The study examines the narrow band technologies market in North America, Europe, Asia Pacific, and the Rest of the World. In 2023, North America's market reached USD 1.87 billion and is forecasted to grow at a CAGR of 43.90% during the study period. This growth is attributed to leading network service providers like Qualcomm Inc., AT&T, Verizon (Celico Partnership), and T-Mobile US Inc., catering to industrial and commercial sectors. Factors such as high disposable income, increasing tech adoption, and continuous innovation drive market growth in North America. As for Discount on This Exclusive Report @ https://www.snsinsider.com/discount/1370 Competitive Scenario In-depth analyses of macroeconomic data, controlling factors, and market attractiveness by segment are all included in the study document. The development of the main market rivals was assessed using the SWOT analysis, feasibility research, investment return analysis, and Porter's five forces analysis, among other tools. The study provides a comprehensive analysis of the global Narrowband IoT (NB-IoT) Chipset market based on the degree of competition and its anticipated development. The market research is based on information gathered directly from sources, qualitative and competitive analysis by industry analysts, input from industry experts, and input from businesses at all levels of the industry. Major Questions Covered in the Narrowband IoT (NB-IoT) Chipset Market Report • What are the main market trends and the elements encouraging or impeding growth? • What business opportunities might stakeholders expect as a result of identifying high-growth industries? • What are the major events and initiatives taken placed in the target market? Report Conclusion To learn more about the, Narrowband IoT (NB-IoT) Chipset Market request an analyst briefing. You can use the research report's authentic data to make sound business decisions that benefit the market Buy This Report @ https://www.snsinsider.com/checkout/1370 Key Players The Key Player in Global Narrowband IoT (NB-IoT) Chipset Market are Huawei, RDA, MediaTek, Cheerzing, Altair Semiconductor (Sony Group Company),Telit Communications, Nordic Semiconductor, Sequans Communications, Qualcomm, ZTE, Sanechips, u-blox, Samsung, Sierra Wireless, Sercomm, Quectel ,Intel and others Contact Us Akash Anand – Head of Business Development & Strategy info@snsinsider.com Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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  • Brain Monitoring Devices Market was valued at USD 6,033.29 million in 2021 and is estimated to reach USD 9,741.81 million by 2031, growing at a CAGR of 5.96% during the forecast period 2024-2031
    Brain Monitoring Devices Market was valued at USD 6,033.29 million in 2021 and is estimated to reach USD 9,741.81 million by 2031, growing at a CAGR of 5.96% during the forecast period 2024-2031
    WWW.DATAMINTELLIGENCE.COM
    Brain Monitoring Devices Market Size, Share and Report 2024-2031
    Brain Monitoring Devices Market is expected to grow at a CAGR of 5.96% during the forecast period 2024-2031 | DataM Intelligence
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  • Dark Store Market Size Outlook, Estimates & Trend Analysis

    Dark Store Market Overview

    Global Dark Store Market size was valued at USD 42.13 Mn. in 2022 and the total Dark Store revenue is expected to grow by 38.7 % from 2023 to 2029, reaching nearly USD 416 Mn.

    Know More About The Report: https://www.maximizemarketresearch.com/market-report/dark-store-market/193930/

    Dark Store Market Report Scope and Research Methodology

    The report is a thorough analysis of the Dark Store market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Dark Store market. The report provides information on the drivers, restraints, opportunities, and challenges of the Dark Store market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Dark Store market. The bottom-up approach was used to understand the Dark Store market size estimation and growth rates in the report.

    Regional analysis of the Dark Store market conducted at a local, regional and global level. For a segment-wise analysis of the Dark Store market. The report also provides information on the emerging regions that are expected to be major markets for the Dark Store market.

    The report includes primary and secondary collection methods with qualitative and quantitative approaches for the analysis of the Dark Store market. The primary collection method includes Surveys, questionnaires and telephonic interviews with market leaders and business owners. The secondary method includes financial reports, annual reports, press releases, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Dark Store Market.

    Unlock your exclusive sample PDF now! https://www.maximizemarketresearch.com/request-sample/193930

    Dark Store Market Regional Insights

    The Dark Store market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Dark Store market in various countries. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions.

    Dark Store Market Segmentation

    Regarding delivery options, the Home Delivery category held a dominant market share in 2022 and is anticipated to maintain this position during the projected period due to its high customer convenience. Customers may easily pick up their orders from specified parking spots via curbside pickup, when store employees deliver the items straight to the customers' cars so they don't have to get out of their cars. Another alternative that is accessible in a lot of dark businesses is In-Store Pickup, which gives consumers a specific pickup place close to the front entry. Home Delivery, on the other hand, provides a quick, simple, and frictionless delivery alternative that is very helpful for clients looking for necessities.

    by Product

    B2B
    B2C


    by Product

    Apparel
    Electronics
    Food
    Grocery
    Household Goods
    Pharmacy


    by Delivery Options

    Curbside Pickup
    Home Delivery
    In-Store Pickup


    by Operational Scale

    Small Independent Stores
    Larger Chains Or Franchises

    Access a Free Sample Report: https://www.maximizemarketresearch.com/request-sample/193930

    Dark Store Market Key Players

    1. Albertsons 2. Amazon.com, Inc. 3. Auchan 4. DoorDash 5. Dunzo Daily 6. Flipkart 7. FreshDirect 8. Grab 9. Instacart 10. JD.com 11. Kroger 12. Ocado 13. Ola Foods 14. Swiggy 15. Target Brands, Inc 16. Tesco 17. Uber 18. Walmart, Inc. 19. Wolt

    Key questions answered in the Dark Store Market are:

    What is Dark Store?
    What was the Dark Store market size in 2022?
    What is the growth rate of the Dark Store Market?
    Which are the factors expected to drive the Dark Store market growth?
    What are the different segments of the Dark Store Market?
    What growth strategies are the players considering to increase their presence in Dark Store?
    What are the upcoming industry applications and trends for the Dark Store Market?
    What are the recent industry trends that can be implemented to generate additional revenue streams for the Dark Store Market?
    Who are the leading companies and what are their portfolios in Dark Store Market?
    Key Offerings:

    Past Market Size and Competitive Landscape (2018 to 2022)
    Past Pricing and price curve by region (2018 to 2022)
    Market Size, Share, Size & Forecast by different segment | 2023−2029
    Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
    Market Segmentation – A detailed analysis by segment with their sub-segments and Region
    Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    Competitive landscape – Market Leaders, Market Followers, Regional player
    Competitive benchmarking of key players by region
    PESTLE Analysis
    PORTER’s analysis
    Value chain and supply chain analysis
    Legal Aspects of Business by Region
    Lucrative business opportunities with SWOT analysis
    Recommendations
    Explore our top-performing reports:

    Database Security Market https://www.maximizemarketresearch.com/market-report/database-security-market/644/
    Global Robot Software Market https://www.maximizemarketresearch.com/market-report/robot-software-market/140448/

    Contact Maximize Market Research:

    3rd Floor, Navale IT Park, Phase 2

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    Pune, Maharashtra 411041, India

    sales@maximizemarketresearch.com

    +91 96071 95908, +91 9607365656

    About Maximize Market Research:

    Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
    Dark Store Market Size Outlook, Estimates & Trend Analysis Dark Store Market Overview Global Dark Store Market size was valued at USD 42.13 Mn. in 2022 and the total Dark Store revenue is expected to grow by 38.7 % from 2023 to 2029, reaching nearly USD 416 Mn. Know More About The Report: https://www.maximizemarketresearch.com/market-report/dark-store-market/193930/ Dark Store Market Report Scope and Research Methodology The report is a thorough analysis of the Dark Store market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Dark Store market. The report provides information on the drivers, restraints, opportunities, and challenges of the Dark Store market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Dark Store market. The bottom-up approach was used to understand the Dark Store market size estimation and growth rates in the report. Regional analysis of the Dark Store market conducted at a local, regional and global level. For a segment-wise analysis of the Dark Store market. The report also provides information on the emerging regions that are expected to be major markets for the Dark Store market. The report includes primary and secondary collection methods with qualitative and quantitative approaches for the analysis of the Dark Store market. The primary collection method includes Surveys, questionnaires and telephonic interviews with market leaders and business owners. The secondary method includes financial reports, annual reports, press releases, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Dark Store Market. Unlock your exclusive sample PDF now! https://www.maximizemarketresearch.com/request-sample/193930 Dark Store Market Regional Insights The Dark Store market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Dark Store market in various countries. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. Dark Store Market Segmentation Regarding delivery options, the Home Delivery category held a dominant market share in 2022 and is anticipated to maintain this position during the projected period due to its high customer convenience. Customers may easily pick up their orders from specified parking spots via curbside pickup, when store employees deliver the items straight to the customers' cars so they don't have to get out of their cars. Another alternative that is accessible in a lot of dark businesses is In-Store Pickup, which gives consumers a specific pickup place close to the front entry. Home Delivery, on the other hand, provides a quick, simple, and frictionless delivery alternative that is very helpful for clients looking for necessities. by Product B2B B2C by Product Apparel Electronics Food Grocery Household Goods Pharmacy by Delivery Options Curbside Pickup Home Delivery In-Store Pickup by Operational Scale Small Independent Stores Larger Chains Or Franchises Access a Free Sample Report: https://www.maximizemarketresearch.com/request-sample/193930 Dark Store Market Key Players 1. Albertsons 2. Amazon.com, Inc. 3. Auchan 4. DoorDash 5. Dunzo Daily 6. Flipkart 7. FreshDirect 8. Grab 9. Instacart 10. JD.com 11. Kroger 12. Ocado 13. Ola Foods 14. Swiggy 15. Target Brands, Inc 16. Tesco 17. Uber 18. Walmart, Inc. 19. Wolt Key questions answered in the Dark Store Market are: What is Dark Store? What was the Dark Store market size in 2022? What is the growth rate of the Dark Store Market? Which are the factors expected to drive the Dark Store market growth? What are the different segments of the Dark Store Market? What growth strategies are the players considering to increase their presence in Dark Store? What are the upcoming industry applications and trends for the Dark Store Market? What are the recent industry trends that can be implemented to generate additional revenue streams for the Dark Store Market? Who are the leading companies and what are their portfolios in Dark Store Market? Key Offerings: Past Market Size and Competitive Landscape (2018 to 2022) Past Pricing and price curve by region (2018 to 2022) Market Size, Share, Size & Forecast by different segment | 2023−2029 Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region Market Segmentation – A detailed analysis by segment with their sub-segments and Region Competitive Landscape – Profiles of selected key players by region from a strategic perspective Competitive landscape – Market Leaders, Market Followers, Regional player Competitive benchmarking of key players by region PESTLE Analysis PORTER’s analysis Value chain and supply chain analysis Legal Aspects of Business by Region Lucrative business opportunities with SWOT analysis Recommendations Explore our top-performing reports: Database Security Market https://www.maximizemarketresearch.com/market-report/database-security-market/644/ Global Robot Software Market https://www.maximizemarketresearch.com/market-report/robot-software-market/140448/ Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India sales@maximizemarketresearch.com +91 96071 95908, +91 9607365656 About Maximize Market Research: Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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  • The Medical Polyoxymethylene (POM) market, a cornerstone in the realm of medical plastics, has witnessed significant growth, with a valuation of USD 186.4 Mn in 2022. Forecasts predict a steady rise, reaching USD 236.67 Mn by 2029, boasting a CAGR of 3.47%. Let's delve into the expansive landscape of Medical POM, exploring its applications, dynamics, challenges, and the promising opportunities it holds for the future of healthcare.

    Access a Free Sample Report: https://www.maximizemarketresearch.com/request-sample/218836

    Medical Polyoxymethylene Market Overview: Engineering Precision for Healthcare
    Medical Polyoxymethylene, colloquially known as acetal or polyacetal, stands as a high-performance engineering plastic revered for its prowess in diverse medical applications. Renowned for its blend of attributes—high strength, stiffness, chemical resistance, low friction, and dimensional stability—Medical POM finds its niche across various medical domains. Its applications range from medical devices and catheters to dental components and diagnostic equipment.

    Driving Forces: Mechanical Excellence and Biocompatibility
    Precision and Endurance in Medical Equipment
    The global Medical POM market is propelled by the remarkable mechanical features of POM, such as high strength, stiffness, and resistance to wear. This makes it an ideal choice for medical equipment demanding precision and endurance, including surgical instruments, orthopedic implants, and drug delivery systems.

    Biocompatibility Fuels Implants and Surgical Equipment
    Biocompatibility, a hallmark of POM, reduces the risk of adverse reactions when in contact with bodily tissues. Consequently, it has become a preferred material for implants and surgical equipment, addressing the persistent demand in fields like orthopedics and drug delivery systems.

    Challenges: Environmental Concerns and Cost Dynamics
    Environmental Impact and Non-Biodegradability
    Despite its mechanical prowess, POM faces hurdles due to environmental concerns. Being non-biodegradable, the disposal of POM contributes to plastic waste, raising sustainability issues. This poses challenges as healthcare industries increasingly prioritize eco-friendly solutions.

    Cost Sensitivity in Healthcare Industries
    The relatively higher price of POM compared to alternative materials becomes a significant factor, especially in cost-sensitive healthcare industries. As financial considerations come under scrutiny, the efficiency of POM-based solutions is questioned, necessitating a balance between cost-effectiveness and performance.

    Opportunities: Innovations and Sustainability Initiatives
    Innovation in Miniaturization and Personalization
    The evolving landscape of medical devices, emphasizing innovation and miniaturization, presents a significant avenue for POM. Its mechanical qualities and biocompatibility position it as a prime contender for crafting delicate parts for cutting-edge medical technology.

    Sustainability Initiatives: Towards Eco-Friendly POM
    Sustainability initiatives offer a golden opportunity for the market. Manufacturers can explore bio-based or recyclable POM formulations, addressing plastic waste concerns while retaining POM's desired properties. Collaborations between POM producers and the medical sector can lead to tailored solutions designed for specific medical needs.

    Know More About The Report: https://www.maximizemarketresearch.com/market-report/medical-polyoxymethylene-market/218836/

    Regional Dynamics: Asia-Pacific Leading the Charge
    Asia-Pacific: Engine of Growth
    The Asia-Pacific region dominates the Medical POM market, holding the largest market share in 2022. The expansion is fueled by increasing healthcare infrastructure, rising healthcare costs, and a surge in awareness of cutting-edge medical treatments. Nations like China, Japan, and South Korea, at the forefront of technological breakthroughs, drive demand for POM in precision tools and implants.

    Europe: Innovation Hub and Regulatory Standards
    Europe, characterized by a focus on innovation and quality assurance, showcases a strong demand for high-performance materials like POM. Strict regulatory standards, sophisticated healthcare infrastructure, and well-established medical research contribute to the significant market share. POM's advantages align with the trend toward minimally invasive procedures and precision medical equipment.

    Medical Polyoxymethylene Market Key players
    1. Celanese Corporation 2. DuPont 3. Ensinger 4. BASF SE 5. SABIC 6. Mitsubishi Engineering-Plastics Corporation 7. Kolon Plastics, Inc. 8. Ticona Engineering Polymers 9. RTP Company 10. Westlake Plastics Company 11. PolyOne Corporation 12. Daicel Corporation 13. Formosa Plastics Corporation 14. Quadrant Engineering Plastics Products 15. PlastiComp, Inc. 16. Lehmann & Voss & Co. 17. Solvay S.A. 18. Saint-Gobain Performance Plastics 19. Nylacast 20. A. Schulman, Inc.


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    Contact Maximize Market Research:

    3rd Floor, Navale IT Park, Phase 2

    Pune Banglore Highway, Narhe,

    Pune, Maharashtra 411041, India

    sales@maximizemarketresearch.com

    +91 96071 95908, +91 9607365656

    About Maximize Market Research:

    Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
    The Medical Polyoxymethylene (POM) market, a cornerstone in the realm of medical plastics, has witnessed significant growth, with a valuation of USD 186.4 Mn in 2022. Forecasts predict a steady rise, reaching USD 236.67 Mn by 2029, boasting a CAGR of 3.47%. Let's delve into the expansive landscape of Medical POM, exploring its applications, dynamics, challenges, and the promising opportunities it holds for the future of healthcare. Access a Free Sample Report: https://www.maximizemarketresearch.com/request-sample/218836 Medical Polyoxymethylene Market Overview: Engineering Precision for Healthcare Medical Polyoxymethylene, colloquially known as acetal or polyacetal, stands as a high-performance engineering plastic revered for its prowess in diverse medical applications. Renowned for its blend of attributes—high strength, stiffness, chemical resistance, low friction, and dimensional stability—Medical POM finds its niche across various medical domains. Its applications range from medical devices and catheters to dental components and diagnostic equipment. Driving Forces: Mechanical Excellence and Biocompatibility Precision and Endurance in Medical Equipment The global Medical POM market is propelled by the remarkable mechanical features of POM, such as high strength, stiffness, and resistance to wear. This makes it an ideal choice for medical equipment demanding precision and endurance, including surgical instruments, orthopedic implants, and drug delivery systems. Biocompatibility Fuels Implants and Surgical Equipment Biocompatibility, a hallmark of POM, reduces the risk of adverse reactions when in contact with bodily tissues. Consequently, it has become a preferred material for implants and surgical equipment, addressing the persistent demand in fields like orthopedics and drug delivery systems. Challenges: Environmental Concerns and Cost Dynamics Environmental Impact and Non-Biodegradability Despite its mechanical prowess, POM faces hurdles due to environmental concerns. Being non-biodegradable, the disposal of POM contributes to plastic waste, raising sustainability issues. This poses challenges as healthcare industries increasingly prioritize eco-friendly solutions. Cost Sensitivity in Healthcare Industries The relatively higher price of POM compared to alternative materials becomes a significant factor, especially in cost-sensitive healthcare industries. As financial considerations come under scrutiny, the efficiency of POM-based solutions is questioned, necessitating a balance between cost-effectiveness and performance. Opportunities: Innovations and Sustainability Initiatives Innovation in Miniaturization and Personalization The evolving landscape of medical devices, emphasizing innovation and miniaturization, presents a significant avenue for POM. Its mechanical qualities and biocompatibility position it as a prime contender for crafting delicate parts for cutting-edge medical technology. Sustainability Initiatives: Towards Eco-Friendly POM Sustainability initiatives offer a golden opportunity for the market. Manufacturers can explore bio-based or recyclable POM formulations, addressing plastic waste concerns while retaining POM's desired properties. Collaborations between POM producers and the medical sector can lead to tailored solutions designed for specific medical needs. Know More About The Report: https://www.maximizemarketresearch.com/market-report/medical-polyoxymethylene-market/218836/ Regional Dynamics: Asia-Pacific Leading the Charge Asia-Pacific: Engine of Growth The Asia-Pacific region dominates the Medical POM market, holding the largest market share in 2022. The expansion is fueled by increasing healthcare infrastructure, rising healthcare costs, and a surge in awareness of cutting-edge medical treatments. Nations like China, Japan, and South Korea, at the forefront of technological breakthroughs, drive demand for POM in precision tools and implants. Europe: Innovation Hub and Regulatory Standards Europe, characterized by a focus on innovation and quality assurance, showcases a strong demand for high-performance materials like POM. Strict regulatory standards, sophisticated healthcare infrastructure, and well-established medical research contribute to the significant market share. POM's advantages align with the trend toward minimally invasive procedures and precision medical equipment. Medical Polyoxymethylene Market Key players 1. Celanese Corporation 2. DuPont 3. Ensinger 4. BASF SE 5. SABIC 6. Mitsubishi Engineering-Plastics Corporation 7. Kolon Plastics, Inc. 8. Ticona Engineering Polymers 9. RTP Company 10. Westlake Plastics Company 11. PolyOne Corporation 12. Daicel Corporation 13. Formosa Plastics Corporation 14. Quadrant Engineering Plastics Products 15. PlastiComp, Inc. 16. Lehmann & Voss & Co. 17. Solvay S.A. 18. Saint-Gobain Performance Plastics 19. Nylacast 20. A. Schulman, Inc. Explore our top-performing reports: Manuka Honey Market https://www.maximizemarketresearch.com/market-report/manuka-honey-market/217559/ Next Generation Contact Lenses Market https://www.maximizemarketresearch.com/market-report/next-generation-contact-lenses-market/217570/ Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India sales@maximizemarketresearch.com +91 96071 95908, +91 9607365656 About Maximize Market Research: Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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  • The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions.

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810

    One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution.

    To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting.

    Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products.

    In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery.

    The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market.

    The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings.

    In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions. Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810 One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution. To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting. Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products. In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery. The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market. The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings. In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Paints and Coatings Additives Market Size, Share, Growth Rate, 2032
    The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.
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  • The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions.

    This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”.

    Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747

    Segments:

    Gold Segment to Register Notable Growth Due to Escalating Disposable Income

    Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.

    Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand

    Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels.

    Report Coverage:

    The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position.

    Drivers and Restraints:

    Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income

    Precious metals market growth is primarily being impelled by changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment.

    However, industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others.

    Regional Insights:

    Asia Pacific to Emerge as a Major Region Due to the Presence of Electronics & Electrical Industry in the Region

    Asia Pacific's precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent.

    The North American region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

    Competitive Landscape:

    Market Players Enter Partnership Agreements to Strengthen Industry Presence

    Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences.

    Key Industry Development:

    May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.

    List of Key Players Mentioned in the Report:

    Newmont Corporation (U.S.)
    Barrick Gold Corporation (Canada)
    AngloGold Ashanti Limited (South Africa)
    Kinross Gold Corporation (Canada)
    Newcrest Mining Limited (Australia)
    Gold Fields Limited (South Africa)
    Freeport-McMoRan (U.S.)
    PJSC Polyus (Russia)
    Anglo American Platinum Limited (South Africa)
    Impala Platinum Holdings Limited (South Africa)
    The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as a Major Region Due to the Presence of Electronics & Electrical Industry in the Region Asia Pacific's precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North American region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region. Competitive Landscape: Market Players Enter Partnership Agreements to Strengthen Industry Presence Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences. Key Industry Development: May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper. List of Key Players Mentioned in the Report: Newmont Corporation (U.S.) Barrick Gold Corporation (Canada) AngloGold Ashanti Limited (South Africa) Kinross Gold Corporation (Canada) Newcrest Mining Limited (Australia) Gold Fields Limited (South Africa) Freeport-McMoRan (U.S.) PJSC Polyus (Russia) Anglo American Platinum Limited (South Africa) Impala Platinum Holdings Limited (South Africa)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Precious Metals Market Size, Industry Share, Global Trends, Forecast, 2030
    The global precious metals market is projected to grow from $275.40 billion in 2021 to $403.08 billion in 2028 at a CAGR of 5.6% in forecast period, 2021-2028
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  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
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  • The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.

    Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515

    How is This Report Developed?

    We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends.

    Drivers & Restraints-

    Increasing Need to Manufacture Automotive Gaskets to Aid Growth

    People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future.

    Segment-

    Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles

    Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles.

    Regional Insights-

    Surging Demand for Luxury Vehicles to Accelerate Growth in Europe

    In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth.

    In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles.

    Competitive Landscape-

    Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19

    The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments:

    August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers.
    May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic.
    A list of all the renowned thermoplastic elastomers producers operating in the market:

    Arkema SA (Colombes, France)
    Covestro AG (Leverkusen, Germany)
    Evonik Industries AG (Essen, Germany)
    Teknor APEX Company (Rhode Island, U.S.)
    BASF SE (Ludwigshafen, Germany)
    Huntsman Corporation (Texas, U.S.)
    Sinopec Group (Beijing, China)
    Lubrizol Corporation (Ohio, U.S.)
    Kraton Corporation (Texas, U.S.)
    Tosoh Corporation (Tokyo, Japan)
    Other Key Players
    The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period. Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515 How is This Report Developed? We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends. Drivers & Restraints- Increasing Need to Manufacture Automotive Gaskets to Aid Growth People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future. Segment- Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles. Regional Insights- Surging Demand for Luxury Vehicles to Accelerate Growth in Europe In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth. In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles. Competitive Landscape- Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19 The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments: August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers. May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic. A list of all the renowned thermoplastic elastomers producers operating in the market: Arkema SA (Colombes, France) Covestro AG (Leverkusen, Germany) Evonik Industries AG (Essen, Germany) Teknor APEX Company (Rhode Island, U.S.) BASF SE (Ludwigshafen, Germany) Huntsman Corporation (Texas, U.S.) Sinopec Group (Beijing, China) Lubrizol Corporation (Ohio, U.S.) Kraton Corporation (Texas, U.S.) Tosoh Corporation (Tokyo, Japan) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Thermoplastic Elastomer Market Size, Growth Rate, Report, 2032
    The global thermoplastic elastomer market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.

    The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.

    Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth.

    Increasing Regulatory Approvals will Help Companies Generate Huge Revenues

    The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth.

    Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth

    The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers.

    List of companies profiled in the report:

    Qingdao BLT Packing Industrial Co., Ltd. (China)
    Qingdao LET Flexitank Co., Ltd. (China)
    LiquA Europe SLU (Spain)
    Qingdao LAF Packaging Co., Ltd. (China)
    LSM SA (Argentina)
    UWL Inc. (U.S.)
    FTS Container Packaging Co., Ltd. (China)
    SIA Flexitanks (Ireland, USA, Malaysia)
    BeFlexi (Cyprus)
    Hinrich Industries (Malaysia)
    TIBA (Spain)
    Flexible World Company Ltd. (Vietnam)
    Flexitank Group (Spain)
    Hillebrand (Germany)
    Braidco (UK)
    Rishi FIBC Solutions Pvt. Ltd.(India)
    VTG Tanktianer GmbH (Germany)
    Other Key Players
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries. The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic. Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth. Increasing Regulatory Approvals will Help Companies Generate Huge Revenues The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth. Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers. List of companies profiled in the report: Qingdao BLT Packing Industrial Co., Ltd. (China) Qingdao LET Flexitank Co., Ltd. (China) LiquA Europe SLU (Spain) Qingdao LAF Packaging Co., Ltd. (China) LSM SA (Argentina) UWL Inc. (U.S.) FTS Container Packaging Co., Ltd. (China) SIA Flexitanks (Ireland, USA, Malaysia) BeFlexi (Cyprus) Hinrich Industries (Malaysia) TIBA (Spain) Flexible World Company Ltd. (Vietnam) Flexitank Group (Spain) Hillebrand (Germany) Braidco (UK) Rishi FIBC Solutions Pvt. Ltd.(India) VTG Tanktianer GmbH (Germany) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Flexitank Market Size, Share, Growth | Global Industry Report [2027]
    The global flexitank market size is projected to reach USD 1,201.6 million by 2027, exhibiting a CAGR of 13.7% during the forecast period
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  • The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions.

    Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747

    Segments:

    Gold Segment to Register Notable Growth Due to Escalating Disposable Income

    Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.

    Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand

    Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels.

    Report Coverage:

    The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position.

    Drivers and Restraints:

    Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income

    Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment.

    However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others.

    Regional Insights:

    Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region

    Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent.

    The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

    Competitive Landscape:

    Market Players Enter Partnership Agreements to Strengthen Industry Presence

    Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences.

    Key Industry Development:

    May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.

    List of Key Players Mentioned in the Report:

    Newmont Corporation (U.S.)
    Barrick Gold Corporation (Canada)
    AngloGold Ashanti Limited (South Africa)
    Kinross Gold Corporation (Canada)
    Newcrest Mining Limited (Australia)
    Gold Fields Limited (South Africa)
    Freeport-McMoRan (U.S.)
    PJSC Polyus (Russia)
    Anglo American Platinum Limited (South Africa)
    Impala Platinum Holdings Limited (South Africa)
    The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region. Competitive Landscape: Market Players Enter Partnership Agreements to Strengthen Industry Presence Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences. Key Industry Development: May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper. List of Key Players Mentioned in the Report: Newmont Corporation (U.S.) Barrick Gold Corporation (Canada) AngloGold Ashanti Limited (South Africa) Kinross Gold Corporation (Canada) Newcrest Mining Limited (Australia) Gold Fields Limited (South Africa) Freeport-McMoRan (U.S.) PJSC Polyus (Russia) Anglo American Platinum Limited (South Africa) Impala Platinum Holdings Limited (South Africa)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Precious Metals Market Size, Industry Share, Global Trends, Forecast, 2030
    The global precious metals market is projected to grow from $275.40 billion in 2021 to $403.08 billion in 2028 at a CAGR of 5.6% in forecast period, 2021-2028
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  • The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions.

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810

    One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution.

    To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting.

    Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products.

    In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery.

    The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market.

    The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings.

    In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions. Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810 One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution. To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting. Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products. In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery. The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market. The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings. In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Paints and Coatings Additives Market Size, Share, Growth Rate, 2032
    The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.
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  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Physical Vapor Deposition Market Size, Share, Growth Rate, 2028
    The global physical vapor deposition market is projected to grow from $23.56 billion in 2021 to $40.97 billion in 2028 at a CAGR of 8.2% in forecast period
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  • The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026.

    The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for **** on the company website.

    Information Source

    https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423

    Drivers –

    Rising Focus on Enhancing the Operability of Ship Engines will Drive Market

    The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus.

    Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”

    Regional Analysis –

    Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market

    Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period.

    On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future.

    Competitive Landscape –

    Companies Engage in Contracts and Agreements to Stay Ahead of Competition

    An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe.

    Notable Marine Lube Market Manufacturers:

    BP p.l.c.
    SINOPEC
    Repsol S.A.
    The PJSC Lukoil Oil Company
    Eni oil Products
    Exxon Mobil Corporation
    Croda International Plc
    AvinOil S.A.
    Total SA
    CEPSA
    Royal Dutch Shell Plc
    Gazprom Neft PJSC
    Chevron Corporation
    Others
    The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026. The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website. Information Source https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423 Drivers – Rising Focus on Enhancing the Operability of Ship Engines will Drive Market The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus. Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.” Regional Analysis – Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period. On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future. Competitive Landscape – Companies Engage in Contracts and Agreements to Stay Ahead of Competition An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe. Notable Marine Lube Market Manufacturers: BP p.l.c. SINOPEC Repsol S.A. The PJSC Lukoil Oil Company Eni oil Products Exxon Mobil Corporation Croda International Plc AvinOil S.A. Total SA CEPSA Royal Dutch Shell Plc Gazprom Neft PJSC Chevron Corporation Others
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Marine Lubricants Market Size, Industry Share, Forecast, Report, 2032
    The global marine lubricants market size was valued at USD 8.01 billion in 2018, and it is estimated to reach USD 9.47 billion by 2026, with a CAGR of 2.13% over the forecast period.
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  • The global surface disinfectant market is set to gain impetus from the emergence of COVID-19 pandemic worldwide. It has surged the need for surface disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062

    This Report Answers the Following Questions:

    What are the market drivers, hindrances, and dynamics?
    How will the market be affected in the coming years?
    Which strategies are being adopted by prominent companies to intensify competition?
    Which region is expected to lead the market?
    How will the spread of coronavirus infection impact the market?
    Drivers & Restraints-

    Increasing Prevalence of Hospital-Acquired Infections to Propel Growth

    The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years.

    Segment-

    Residential Segment to Grow Steadily Owing to Awareness About Infections

    In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for surface disinfectants.

    Regional Analysis-

    Rising Government Laws to Maintain Hygiene will Favor Growth in North America

    In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness.

    Competitive Landscape-

    Key Companies Focus on Product Launches & Collaborations to Surge Sales

    The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships, or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments:

    January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions.
    November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities.
    Fortune Business Insights™ lists out the names of all the surface disinfectant manufacturers operating in the global market. They are as follows:

    3M (U.S.)
    The Proctor & Gamble Company(U.S.)
    Kimberley-Clark Corporation(U.S.)
    SC Johnson Professional(U.S.)
    The Clorox Company(U.S.)
    Ecolab (U.S.)
    Metrex Research LLC(U.S.)
    Reckitt Benckiser (U.K.)
    Diversey Inc.(U.S.)
    STERIS plc (Ireland)
    Whiteley Corporation (Australia)
    Other Key Players
    The global surface disinfectant market is set to gain impetus from the emergence of COVID-19 pandemic worldwide. It has surged the need for surface disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062 This Report Answers the Following Questions: What are the market drivers, hindrances, and dynamics? How will the market be affected in the coming years? Which strategies are being adopted by prominent companies to intensify competition? Which region is expected to lead the market? How will the spread of coronavirus infection impact the market? Drivers & Restraints- Increasing Prevalence of Hospital-Acquired Infections to Propel Growth The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years. Segment- Residential Segment to Grow Steadily Owing to Awareness About Infections In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for surface disinfectants. Regional Analysis- Rising Government Laws to Maintain Hygiene will Favor Growth in North America In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness. Competitive Landscape- Key Companies Focus on Product Launches & Collaborations to Surge Sales The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships, or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments: January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions. November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities. Fortune Business Insights™ lists out the names of all the surface disinfectant manufacturers operating in the global market. They are as follows: 3M (U.S.) The Proctor & Gamble Company(U.S.) Kimberley-Clark Corporation(U.S.) SC Johnson Professional(U.S.) The Clorox Company(U.S.) Ecolab (U.S.) Metrex Research LLC(U.S.) Reckitt Benckiser (U.K.) Diversey Inc.(U.S.) STERIS plc (Ireland) Whiteley Corporation (Australia) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Surface Disinfectant Market Size, Industry Share, Growth Rate, 2032
    The global surface disinfectant market size is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period
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  • The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods.

    This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”.

    Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241

    Segments:

    Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

    On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

    Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

    Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

    Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage:

    The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources.

    Drivers and Restraints:

    Market Value to Rise Owing to Increasing Support from Government Bodies

    One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector.

    However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn.

    Regional Insights:

    Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

    The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

    The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

    Competitive Landscape:

    Pivotal Players Enter into Partnership Agreements to Expand Product Reach

    Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products.

    Key Industry Development:

    May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business.

    List of Key Players Mentioned in the Report:

    Texhong (China)
    Vardhman Group (India)
    BROS (China)
    Weiqiao Textile (China)
    Lutai Textile (China)
    Huafu (China)
    Alok (India)
    Huamao (China)
    China Resources (China)
    Nahar Spinning (India)
    Nishat Mills (Pakistan)
    Trident Group (India)
    Fortex (Vietnam)
    Aarti International (India)
    KPR Mill Limited (India)
    The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Cotton Yarn Market Size, Share & Growth Analysis [2023-2028]
    The global cotton yarn market size is projected to grow from $82.81 billion in 2023 to $100.68 billion by 2028, at a CAGR of 4.0% during the forecast period
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  • The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period.

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

    Information Source - https://www.fortunebusinessinsights.com/graphene-market-102930

    Segments:

    GO Segment to Gain Momentum due to Increasing Applications from Various End-use Industries

    Based on product, the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), and others.

    GNP accounted for the largest market share in 2021 and is expected to continue its dominance until 2029.

    Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Material

    In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others.

    Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceships manufacturing.

    Geographically, the market is segregated into North America Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage:

    The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights, which guide business owners with their investment perspective.

    Drivers and Restraints:

    Growing Product Penetration in the Electronics Industry to Aid Growth

    Owing to it exceptionally high thermal and electrical conductivity and its lightweight nature, it is preferably suitable for electronics applications. The electrons in this allotrope of carbon have higher mobility, and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Owing to these properties, it produces more proficient devices that function faster than traditional substitutes while using less power.

    Regional Insights:

    Asia Pacific to Dominate Backed by Favorable Government Policies

    Asia Pacific held the largest graphene market share and is anticipated to dominate the market during the forecast period, owing to favorable policies by the government, academic research, and funding in the region.

    The market in the North America region is estimated to witness significant growth, owing to growing demand from the aerospace and energy industries, as well as high demand for eco-friendly, strong, efficient, and lightweight goods, driving the graphene market growth in the region.

    The market in Europe is anticipated to witness a significant growth rate and may continue its dominance during the forecast period owing to increasing investments in R&D activities.

    Competitive Landscape:

    Partnerships among Companies to Secure their Brand Values in Global Market

    Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users.

    Key Industry Development:

    July 2022: Graphenea and Grapheal joined forces to quicken study on biosensors with GraphLAB, a graphene-based product. GraphLAB is a next-gen assessment method for protein disease and screening detection.

    List of Key Players Mentioned in the Report:

    Haydale Graphene Industries plc (U.K.)
    Graphenea (U.S.)
    ACS Material (U.S.)
    XG Sciences (U.S.)
    Global Graphene Group (U.S.)
    Applied Graphene Materials (U.K.)
    Grolltex Inc (U.S.)
    Directa Plus S.p.A (Italy)
    NanoXplore Inc. (Canada)
    Thomas Swan & Co. Ltd. (K.)
    First Graphene (Australia)
    Talga Group (Australia)
    Graphite Central (U.S.)
    The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Graphene Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/graphene-market-102930 Segments: GO Segment to Gain Momentum due to Increasing Applications from Various End-use Industries Based on product, the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), and others. GNP accounted for the largest market share in 2021 and is expected to continue its dominance until 2029. Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Material In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others. Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceships manufacturing. Geographically, the market is segregated into North America Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights, which guide business owners with their investment perspective. Drivers and Restraints: Growing Product Penetration in the Electronics Industry to Aid Growth Owing to it exceptionally high thermal and electrical conductivity and its lightweight nature, it is preferably suitable for electronics applications. The electrons in this allotrope of carbon have higher mobility, and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Owing to these properties, it produces more proficient devices that function faster than traditional substitutes while using less power. Regional Insights: Asia Pacific to Dominate Backed by Favorable Government Policies Asia Pacific held the largest graphene market share and is anticipated to dominate the market during the forecast period, owing to favorable policies by the government, academic research, and funding in the region. The market in the North America region is estimated to witness significant growth, owing to growing demand from the aerospace and energy industries, as well as high demand for eco-friendly, strong, efficient, and lightweight goods, driving the graphene market growth in the region. The market in Europe is anticipated to witness a significant growth rate and may continue its dominance during the forecast period owing to increasing investments in R&D activities. Competitive Landscape: Partnerships among Companies to Secure their Brand Values in Global Market Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users. Key Industry Development: July 2022: Graphenea and Grapheal joined forces to quicken study on biosensors with GraphLAB, a graphene-based product. GraphLAB is a next-gen assessment method for protein disease and screening detection. List of Key Players Mentioned in the Report: Haydale Graphene Industries plc (U.K.) Graphenea (U.S.) ACS Material (U.S.) XG Sciences (U.S.) Global Graphene Group (U.S.) Applied Graphene Materials (U.K.) Grolltex Inc (U.S.) Directa Plus S.p.A (Italy) NanoXplore Inc. (Canada) Thomas Swan & Co. Ltd. (K.) First Graphene (Australia) Talga Group (Australia) Graphite Central (U.S.)
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    Graphene Market Size, Growth, Share | Research Report [2029]
    The global graphene market is projected to grow from $337.0 million in 2022 to $2,172.2 million by 2029, at a CAGR of 30.5% in the forecast period, 2022-2029
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  • According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784

    The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold.

    The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection.

    Drivers and Restraints:

    The report provides an overview of the crucial steps taken by major industry participants to sustain their industry position, after extensive research and engagements with prominent industry stakeholders. The rising awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention are the major drivers of market growth. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment, which is anticipated to hamper market expansion to some extent.

    Regional Insights:

    North America is expected to emerge as a key region driven by escalating demand from medical applications, surging government healthcare expenditure, and high standards of living in the U.S. The Asia Pacific region is also anticipated to record substantial escalation over the forecast period, attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries.

    List of Key Players Mentioned in the Report:

    Prominent market players are focusing on the adoption of various initiatives such as mergers, acquisitions, and research activities for enabling the development of superior antimicrobial coatings. Some of the key players mentioned in the report include Nippon Paint (India) Company Limited, PPG Industrial Coatings, Diamond Vogel, Akzo Nobel N.V., DuPont, Axalta Coating Systems, DSM, and The Sherwin-Williams Company.
    According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection. Drivers and Restraints: The report provides an overview of the crucial steps taken by major industry participants to sustain their industry position, after extensive research and engagements with prominent industry stakeholders. The rising awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention are the major drivers of market growth. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment, which is anticipated to hamper market expansion to some extent. Regional Insights: North America is expected to emerge as a key region driven by escalating demand from medical applications, surging government healthcare expenditure, and high standards of living in the U.S. The Asia Pacific region is also anticipated to record substantial escalation over the forecast period, attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries. List of Key Players Mentioned in the Report: Prominent market players are focusing on the adoption of various initiatives such as mergers, acquisitions, and research activities for enabling the development of superior antimicrobial coatings. Some of the key players mentioned in the report include Nippon Paint (India) Company Limited, PPG Industrial Coatings, Diamond Vogel, Akzo Nobel N.V., DuPont, Axalta Coating Systems, DSM, and The Sherwin-Williams Company.
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    Antimicrobial Coatings Market Size, Industry Share, Forecast, 2032
    The global antimicrobial coatings market size was $3,690.0 million in 2019 & is projected to reach $8,650.7 Million by 2027, at a CAGR of 11.5%
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  • The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.

    Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515

    How is This Report Developed?

    We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends.

    Drivers & Restraints-

    Increasing Need to Manufacture Automotive Gaskets to Aid Growth

    People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future.

    Segment-

    Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles

    Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles.

    Regional Insights-

    Surging Demand for Luxury Vehicles to Accelerate Growth in Europe

    In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth.

    In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles.

    Competitive Landscape-

    Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19

    The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments:

    August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers.
    May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic.
    A list of all the renowned thermoplastic elastomers producers operating in the market:

    Arkema SA (Colombes, France)
    Covestro AG (Leverkusen, Germany)
    Evonik Industries AG (Essen, Germany)
    Teknor APEX Company (Rhode Island, U.S.)
    BASF SE (Ludwigshafen, Germany)
    Huntsman Corporation (Texas, U.S.)
    Sinopec Group (Beijing, China)
    Lubrizol Corporation (Ohio, U.S.)
    Kraton Corporation (Texas, U.S.)
    Tosoh Corporation (Tokyo, Japan)
    Other Key Players
    The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period. Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515 How is This Report Developed? We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends. Drivers & Restraints- Increasing Need to Manufacture Automotive Gaskets to Aid Growth People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future. Segment- Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles. Regional Insights- Surging Demand for Luxury Vehicles to Accelerate Growth in Europe In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth. In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles. Competitive Landscape- Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19 The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments: August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers. May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic. A list of all the renowned thermoplastic elastomers producers operating in the market: Arkema SA (Colombes, France) Covestro AG (Leverkusen, Germany) Evonik Industries AG (Essen, Germany) Teknor APEX Company (Rhode Island, U.S.) BASF SE (Ludwigshafen, Germany) Huntsman Corporation (Texas, U.S.) Sinopec Group (Beijing, China) Lubrizol Corporation (Ohio, U.S.) Kraton Corporation (Texas, U.S.) Tosoh Corporation (Tokyo, Japan) Other Key Players
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    Thermoplastic Elastomer Market Size, Growth Rate, Report, 2032
    The global thermoplastic elastomer market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.
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  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706
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    Beverage Cans Market Size & Growth | Global Report [2027]
    The global beverage cans market size was USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.

    The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.

    Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth.

    Increasing Regulatory Approvals will Help Companies Generate Huge Revenues

    The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth.

    Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth

    The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers.

    List of companies profiled in the report:

    Qingdao BLT Packing Industrial Co., Ltd. (China)
    Qingdao LET Flexitank Co., Ltd. (China)
    LiquA Europe SLU (Spain)
    Qingdao LAF Packaging Co., Ltd. (China)
    LSM SA (Argentina)
    UWL Inc. (U.S.)
    FTS Container Packaging Co., Ltd. (China)
    SIA Flexitanks (Ireland, USA, Malaysia)
    BeFlexi (Cyprus)
    Hinrich Industries (Malaysia)
    TIBA (Spain)
    Flexible World Company Ltd. (Vietnam)
    Flexitank Group (Spain)
    Hillebrand (Germany)
    Braidco (UK)
    Rishi FIBC Solutions Pvt. Ltd.(India)
    VTG Tanktianer GmbH (Germany)
    Other Key Players
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries. The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic. Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth. Increasing Regulatory Approvals will Help Companies Generate Huge Revenues The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth. Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers. List of companies profiled in the report: Qingdao BLT Packing Industrial Co., Ltd. (China) Qingdao LET Flexitank Co., Ltd. (China) LiquA Europe SLU (Spain) Qingdao LAF Packaging Co., Ltd. (China) LSM SA (Argentina) UWL Inc. (U.S.) FTS Container Packaging Co., Ltd. (China) SIA Flexitanks (Ireland, USA, Malaysia) BeFlexi (Cyprus) Hinrich Industries (Malaysia) TIBA (Spain) Flexible World Company Ltd. (Vietnam) Flexitank Group (Spain) Hillebrand (Germany) Braidco (UK) Rishi FIBC Solutions Pvt. Ltd.(India) VTG Tanktianer GmbH (Germany) Other Key Players
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    Flexitank Market Size, Share, Growth | Global Industry Report [2027]
    The global flexitank market size is projected to reach USD 1,201.6 million by 2027, exhibiting a CAGR of 13.7% during the forecast period
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  • The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years.

    Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364

    The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy **** on track and aid in the resumption of industrial activities.

    Market Segmentation

    On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

    Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.
    On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

    What does the Report Provide?

    The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

    DRIVING FACTORS

    Increasing Demand for Eco-friendly Coating Processes to Promote Growth

    According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

    REGIONAL INSIGHTS

    Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

    North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

    The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

    Industry Development:

    January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals.
    List of the Companies Profiled in the Market:

    Advanced Energy Industries, Inc. (USA)
    Intevac (USA)
    Oerlikon Balzers (Switzerland)
    Impact Coatings AB (Sweden)
    AJA International, Inc. (USA)
    Dynavac (USA)
    Denton Vacuum (USA)
    Angstrom Engineering, Inc. (Canada)
    CHA Industries, Inc. (USA)
    IHI HAUZER Techno Coating B V (The Netherlands)
    The Kurt J Lesker Company (USA)
    Other Key Players
    The global physical vapor deposition market size is expected to experience considerable growth by reaching USD 40.97 billion by 2028 while exhibiting a CAGR of 8.2% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Physical Vapor Deposition Market, 2021-2028.” The report further mentions that the market stood at USD 22.43 billion in 2020. Factors such as the increasing demand for eco-friendly coating processes and the growing demand for medical equipment amid the COVID-19 crisis are expected to propel the product’s demand in the forthcoming years. Information Source - https://www.fortunebusinessinsights.com/physical-vapour-deposition-pvd-market-102364 The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services. Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide. On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Provide? The market report provides an in-depth 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 by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years. DRIVING FACTORS Increasing Demand for Eco-friendly Coating Processes to Promote Growth According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period. REGIONAL INSIGHTS Asia-Pacific – The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period. North America – The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028. COMPETITIVE LANDSCAPE Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth. Industry Development: January 2020 - Oerlikon announced the acquisition of D-Coat GmbH, a leading Erkelenz, Germany-based diamond coating technology provider. This is expected to expand the company’s surface treatment technology portfolio and further gain a competitive edge over its rivals. List of the Companies Profiled in the Market: Advanced Energy Industries, Inc. (USA) Intevac (USA) Oerlikon Balzers (Switzerland) Impact Coatings AB (Sweden) AJA International, Inc. (USA) Dynavac (USA) Denton Vacuum (USA) Angstrom Engineering, Inc. (Canada) CHA Industries, Inc. (USA) IHI HAUZER Techno Coating B V (The Netherlands) The Kurt J Lesker Company (USA) Other Key Players
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    Physical Vapor Deposition Market Size, Share, Growth Rate, 2028
    The global physical vapor deposition market is projected to grow from $23.56 billion in 2021 to $40.97 billion in 2028 at a CAGR of 8.2% in forecast period
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  • The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods.

    This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”.

    Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241

    Segments:

    Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

    On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

    Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

    Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

    Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage:

    The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources.

    Drivers and Restraints:

    Market Value to Rise Owing to Increasing Support from Government Bodies

    One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector.

    However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn.

    Regional Insights:

    Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

    The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

    The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

    Competitive Landscape:

    Pivotal Players Enter into Partnership Agreements to Expand Product Reach

    Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products.

    Key Industry Development:

    May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business.

    List of Key Players Mentioned in the Report:

    Texhong (China)
    Vardhman Group (India)
    BROS (China)
    Weiqiao Textile (China)
    Lutai Textile (China)
    Huafu (China)
    Alok (India)
    Huamao (China)
    China Resources (China)
    Nahar Spinning (India)
    Nishat Mills (Pakistan)
    Trident Group (India)
    Fortex (Vietnam)
    Aarti International (India)
    KPR Mill Limited (India)
    The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Cotton Yarn Market Size, Share & Growth Analysis [2023-2028]
    The global cotton yarn market size is projected to grow from $82.81 billion in 2023 to $100.68 billion by 2028, at a CAGR of 4.0% during the forecast period
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  • The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026.

    The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for **** on the company website.

    Information Source

    https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423

    Drivers –

    Rising Focus on Enhancing the Operability of Ship Engines will Drive Market

    The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus.

    Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”

    Regional Analysis –

    Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market

    Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period.

    On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future.

    Competitive Landscape –

    Companies Engage in Contracts and Agreements to Stay Ahead of Competition

    An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe.

    Notable Marine Lube Market Manufacturers:

    BP p.l.c.
    SINOPEC
    Repsol S.A.
    The PJSC Lukoil Oil Company
    Eni oil Products
    Exxon Mobil Corporation
    Croda International Plc
    AvinOil S.A.
    Total SA
    CEPSA
    Royal Dutch Shell Plc
    Gazprom Neft PJSC
    Chevron Corporation
    Others
    The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026. The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website. Information Source https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423 Drivers – Rising Focus on Enhancing the Operability of Ship Engines will Drive Market The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus. Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.” Regional Analysis – Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period. On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future. Competitive Landscape – Companies Engage in Contracts and Agreements to Stay Ahead of Competition An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe. Notable Marine Lube Market Manufacturers: BP p.l.c. SINOPEC Repsol S.A. The PJSC Lukoil Oil Company Eni oil Products Exxon Mobil Corporation Croda International Plc AvinOil S.A. Total SA CEPSA Royal Dutch Shell Plc Gazprom Neft PJSC Chevron Corporation Others
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Marine Lubricants Market Size, Industry Share, Forecast, Report, 2032
    The global marine lubricants market size was valued at USD 8.01 billion in 2018, and it is estimated to reach USD 9.47 billion by 2026, with a CAGR of 2.13% over the forecast period.
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  • The global surface disinfectant market is set to gain impetus from the emergence of COVID-19 pandemic worldwide. It has surged the need for surface disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062

    This Report Answers the Following Questions:

    What are the market drivers, hindrances, and dynamics?
    How will the market be affected in the coming years?
    Which strategies are being adopted by prominent companies to intensify competition?
    Which region is expected to lead the market?
    How will the spread of coronavirus infection impact the market?
    Drivers & Restraints-

    Increasing Prevalence of Hospital-Acquired Infections to Propel Growth

    The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years.

    Segment-

    Residential Segment to Grow Steadily Owing to Awareness About Infections

    In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for surface disinfectants.

    Regional Analysis-

    Rising Government Laws to Maintain Hygiene will Favor Growth in North America

    In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness.

    Competitive Landscape-

    Key Companies Focus on Product Launches & Collaborations to Surge Sales

    The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments:

    January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions.
    November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer, and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities.
    Fortune Business Insights™ lists the names of all the surface disinfectant manufacturers operating in the global market. They are as follows:

    3M (U.S.)
    The Proctor & Gamble Company(U.S.)
    Kimberley-Clark Corporation(U.S.)
    SC Johnson Professional(U.S.)
    The Clorox Company(U.S.)
    Ecolab (U.S.)
    Metrex Research LLC(U.S.)
    Reckitt Benckiser (U.K.)
    Diversey Inc.(U.S.)
    STERIS plc (Ireland)
    Whiteley Corporation (Australia)
    Other Key Players
    The global surface disinfectant market is set to gain impetus from the emergence of COVID-19 pandemic worldwide. It has surged the need for surface disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062 This Report Answers the Following Questions: What are the market drivers, hindrances, and dynamics? How will the market be affected in the coming years? Which strategies are being adopted by prominent companies to intensify competition? Which region is expected to lead the market? How will the spread of coronavirus infection impact the market? Drivers & Restraints- Increasing Prevalence of Hospital-Acquired Infections to Propel Growth The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years. Segment- Residential Segment to Grow Steadily Owing to Awareness About Infections In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for surface disinfectants. Regional Analysis- Rising Government Laws to Maintain Hygiene will Favor Growth in North America In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness. Competitive Landscape- Key Companies Focus on Product Launches & Collaborations to Surge Sales The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments: January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions. November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer, and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities. Fortune Business Insights™ lists the names of all the surface disinfectant manufacturers operating in the global market. They are as follows: 3M (U.S.) The Proctor & Gamble Company(U.S.) Kimberley-Clark Corporation(U.S.) SC Johnson Professional(U.S.) The Clorox Company(U.S.) Ecolab (U.S.) Metrex Research LLC(U.S.) Reckitt Benckiser (U.K.) Diversey Inc.(U.S.) STERIS plc (Ireland) Whiteley Corporation (Australia) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Surface Disinfectant Market Size, Industry Share, Growth Rate, 2032
    The global surface disinfectant market size is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period
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  • The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.

    Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515

    How is This Report Developed?

    We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends.

    Drivers & Restraints-

    Increasing Need to Manufacture Automotive Gaskets to Aid Growth

    People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future.

    Segment-

    Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles

    Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles.

    Regional Insights-

    Surging Demand for Luxury Vehicles to Accelerate Growth in Europe

    In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth.

    In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles.

    Competitive Landscape-

    Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19

    The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments:

    August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers.
    May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic.
    A list of all the renowned thermoplastic elastomers producers operating in the market:

    Arkema SA (Colombes, France)
    Covestro AG (Leverkusen, Germany)
    Evonik Industries AG (Essen, Germany)
    Teknor APEX Company (Rhode Island, U.S.)
    BASF SE (Ludwigshafen, Germany)
    Huntsman Corporation (Texas, U.S.)
    Sinopec Group (Beijing, China)
    Lubrizol Corporation (Ohio, U.S.)
    Kraton Corporation (Texas, U.S.)
    Tosoh Corporation (Tokyo, Japan)
    Other Key Players
    The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period. Information Source- https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515 How is This Report Developed? We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends. Drivers & Restraints- Increasing Need to Manufacture Automotive Gaskets to Aid Growth People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future. Segment- Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles. Regional Insights- Surging Demand for Luxury Vehicles to Accelerate Growth in Europe In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth. In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles. Competitive Landscape- Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19 The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments: August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers. May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic. A list of all the renowned thermoplastic elastomers producers operating in the market: Arkema SA (Colombes, France) Covestro AG (Leverkusen, Germany) Evonik Industries AG (Essen, Germany) Teknor APEX Company (Rhode Island, U.S.) BASF SE (Ludwigshafen, Germany) Huntsman Corporation (Texas, U.S.) Sinopec Group (Beijing, China) Lubrizol Corporation (Ohio, U.S.) Kraton Corporation (Texas, U.S.) Tosoh Corporation (Tokyo, Japan) Other Key Players
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  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get **** to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly.

    The market report includes:

    All-encompassing report of the market
    Critical insights into the market
    Dominant regions in the world
    Market drivers and restraints
    Competitive landscape
    COVID-19 impact
    Market Driver:

    Evolving Consumer Lifestyle to Influence Massive Growth

    The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

    COVID-19 Impact:

    Varied Effect of COVID-19 on the Beverage Cans Market

    The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

    Regional Analysis:

    Inclination towards Healthy Beverages to Boost Market in North America

    North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

    Key Development:

    July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

    The Report Lists the Key Companies in the Market:

    Ball Corporation (U.S.)
    Orora Packaging Australia Pty Ltd (Australia)
    Crown Holdings, Inc. (U.S.)
    Ardagh Group S.A. (Ireland)
    CANPACK S.A. (Poland)
    GZ Industries Ltd. (Nigeria)
    CPMC Holdings Ltd. (China)
    MSCANCO (Saudi Arabia)
    Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
    Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
    Universal Can Corporation (U.S.)
    Techpack Solutions (China)
    Baosteel Metal Co., Ltd. (China)
    Asia Packaging Industries (Vietnam)
    Silgan Holdings (U.S.)
    Other Key Players
    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players
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  • The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future.

    Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945
    The global resilient flooring market size is projected to reach USD 58.11 billion by 2027, exhibiting a CAGR of 1.7% during the forecast period. Development and availability of eco-friendly flooring and tiling solutions will be a major growth determinant for this market, observes Fortune Business Insights™ in its report, titled “Resilient Flooring Market Size, Share & COVID-19 Impact Analysis, By Product Type (Luxury Vinyl Tile, Vinyl Sheet & Floor Tile, Rubber, Linoleum, and Others), By Application (Residential, Commercial and Others), and Regional Forecast, 2020-2027”. The heightened need for making brick-and-mortar structures more sustainable and low carbon-emitting is nudging builders and homebuyers to opt for environment-friendly interiors. Flooring and tiling are essential components of home aesthetics and recycled and natural materials are being increasingly utilized to produce innovative solutions. For example, cork, which is derived from the oak tree, is fire-resistant, has antimicrobial properties, and is relatively less expensive, all of which make it a highly attractive flooring option. Similarly, bamboo floor tiles are gaining popularity as bamboo is natural and recyclable as well as durable and easy to maintain. The growing availability of resilient flooring products made from natural materials is expected foster healthy growth of this market in the foreseeable future. Information Source - https://www.fortunebusinessinsights.com/resilient-flooring-market-102945
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    Resilient Flooring Market Size, Share | Global Industry Report [2027]
    The global resilient flooring market size was $29.62 billion in 2019 & is projected to reach $58.11 billion by 2027, exhibiting a CAGR of 9.3% in forecast period
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.
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  • The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods.

    This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”.

    Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241

    Segments:

    Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

    On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

    Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

    Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

    Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage:

    The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources.

    Drivers and Restraints:

    Market Value to Rise Owing to Increasing Support from Government Bodies

    One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector.

    However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn.

    Regional Insights:

    Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

    The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

    The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

    Competitive Landscape:

    Pivotal Players Enter into Partnership Agreements to Expand Product Reach

    Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products.

    Key Industry Development:

    May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business.

    List of Key Players Mentioned in the Report:

    Texhong (China)
    Vardhman Group (India)
    BROS (China)
    Weiqiao Textile (China)
    Lutai Textile (China)
    Huafu (China)
    Alok (India)
    Huamao (China)
    China Resources (China)
    Nahar Spinning (India)
    Nishat Mills (Pakistan)
    Trident Group (India)
    Fortex (Vietnam)
    Aarti International (India)
    KPR Mill Limited (India)
    The global cotton yarn market size was valued at USD 94.40 billion in 2022. The market is estimated to expand from USD 82.81 billion in 2023 to USD 100.68 billion by 2028, exhibiting a CAGR of 4.0% over the estimated period. The rise is credited to the unique characteristics of yarn that influence the quality of finished textile goods. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2023-2028”. Information Source - https://www.fortunebusinessinsights.com/cotton-yarn-market-107241 Segments: Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads. Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others. Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources. Drivers and Restraints: Market Value to Rise Owing to Increasing Support from Government Bodies One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, the creation of infrastructure, and sectoral development in the textile sector. However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn. Regional Insights: Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region. The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years. Competitive Landscape: Pivotal Players Enter into Partnership Agreements to Expand Product Reach Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products. Key Industry Development: May 2022 – Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business. List of Key Players Mentioned in the Report: Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Fortex (Vietnam) Aarti International (India) KPR Mill Limited (India)
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    Cotton Yarn Market Size, Share & Growth Analysis [2023-2028]
    The global cotton yarn market size is projected to grow from $82.81 billion in 2023 to $100.68 billion by 2028, at a CAGR of 4.0% during the forecast period
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