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  • https://businessadvisorgroup712076196.wordpress.com/2022/05/25/aia-cambodia-prince-banks-partnership-enhanced-financial-planning-in-cambodia/
    AIA (Cambodia) Life Insurance Plc (“AIA Cambodia”) and Prince Bank Plc today entered a bancassurance partnership to offer customers a convenient one-stop service and the opportunity to effortlessly…
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    Live Event Management UK Video Production Showcase Reel COMTEC Business Product Launch and Christmas Award Ceremony Streaming #eventmanagement #productlaunch #productioncompany #uk #videoproduction #videorecording https://www.comtec-presentations.com/ Live event management professionals since 1982, Comtec Presentations have an unrivalled history in providing marketing solutions to an exceptional range of clients: Prime Ministers, Presidents and Royals. https://www.comtec-presentations.com/live-conference-management-uk-marketing-communications-house/ From Venue Procurement to Hybrid Video Streaming delivery, Comtec Presentations is poised to provide the Complete Solution. Our portfolio includes BAFTA's, FiFi's, Turner Prize, and One World Awards. With nearly four decades of sensational client experience, we take great pride in delivering live events with our one stop shop reputation. Based in #Manchester our service area is throughout the whole of the UK. Our extensive expertise within the political and education sectors is unmatched, and our reach spans the globe. With a wealth of industry knowledge and a passionate team of professionals, we are your trusted partnership for elevating event experiences. In an incredibly competitive marketplace, your product needs to stand out. That's where our exhibition services come into play. https://www.youtube.com/watch?v=ii0hnVz6a9A
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  • The Ultimate Guide to Finding Top-notch Trucking Services in Singapore
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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 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 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 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.)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    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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  • 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.
    0 Reacties 0 aandelen 24921 Views
  • 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 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 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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  • Reach out to more enterprise clients via moLotus win-win partnership; boosting conversions, big data monetization, revenue generation, ROI, lifecycle value maximization, and more - https://www.novosol.biz/
    #moLotus #enterprise #clients #partnership #conversions #monetization #revenuegeneration #revenue #ROI #Lifecyclevalue #mobile #customerinteractionplatform #intelligence #mobileadvertising #innovation #transformation #telcos #growth #marketing #digitalmarketing #sales #telecom #novosol
    Reach out to more enterprise clients via moLotus win-win partnership; boosting conversions, big data monetization, revenue generation, ROI, lifecycle value maximization, and more - https://www.novosol.biz/ #moLotus #enterprise #clients #partnership #conversions #monetization #revenuegeneration #revenue #ROI #Lifecyclevalue #mobile #customerinteractionplatform #intelligence #mobileadvertising #innovation #transformation #telcos #growth #marketing #digitalmarketing #sales #telecom #novosol
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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 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 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 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)
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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.)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    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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  • 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, Share | Growth Analysis Report
    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 polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028."



    IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698

    Segmentation-

    Growing Demand for Bedding ProductsSpurs PolyurethaneSegment

    On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses.

    Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment

    In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier.

    Report Coverage

    The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth.

    Drivers and Restraints

    Increasing Stress Level among the Students and Working Classto Stimulate Product Demand

    The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth.

    Regional Insights

    Growing Awareness about Energy Security Nurtures Growth in North America

    Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging.

    Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design.

    The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand.

    Competitive Landscape

    Partnerships among Renowned Companies to Grow Its Client Base

    Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions.

    Industry Developments:

    March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base.

    List of the Companies Profiled in the Polymer Foam Market:

    Synthos (Poland)
    Sekisui Alveo (Switzerland)
    KANEKA CORPORATION (Japan)
    Toray (Japan)
    BASF SE (Germany)
    Sealed Air (U.S.)
    Arkema (France)
    Armacell International S.A. (Germany)
    The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028." IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698 Segmentation- Growing Demand for Bedding ProductsSpurs PolyurethaneSegment On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses. Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier. Report Coverage The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth. Drivers and Restraints Increasing Stress Level among the Students and Working Classto Stimulate Product Demand The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth. Regional Insights Growing Awareness about Energy Security Nurtures Growth in North America Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging. Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design. The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand. Competitive Landscape Partnerships among Renowned Companies to Grow Its Client Base Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions. Industry Developments: March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base. List of the Companies Profiled in the Polymer Foam Market: Synthos (Poland) Sekisui Alveo (Switzerland) KANEKA CORPORATION (Japan) Toray (Japan) BASF SE (Germany) Sealed Air (U.S.) Arkema (France) Armacell International S.A. (Germany)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Polymer Foam Market Size | Global Industry Forecast [2020-2027]
    The global polymer foam market size was $114.88 billion in 2019 & it is projected to reach $157.63 billion by 2027, exhibiting a CAGR of 7.73% in forecast period
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  • The global internet of packaging market size was valued at USD 18.50 billion in 2022. The market is projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. Internet of packaging, also known as intelligent packaging, is a method used to trace, interact, monitor, and manage the safety and quality of products. Reducing human errors, eliminating costs, maintaining quality, and preventing diseases due to rotten food are the major factors for which this packaging method was specifically designed and used. Fortune Business Insights presents this information in their report titled “Global Internet of Packaging Market, 2023-2030.”

    Information Source- https://www.fortunebusinessinsights.com/internet-of-packaging-market-107258

    Segments:

    Boxes & Cartons is the Dominating Segment Due to its High Utilization in Product Packaging

    Based on packaging type, the market is divided into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. The boxes & cartons segment dominates the market. These are mostly preferred for packaging a variety of products. Various functions offered such as tracing, recording, easy sensing, and providing vital information on the product’s current state make it a preferred option for consumers.

    Barcode and QR Code Segment Dominates the Market

    Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators. Barcode & QR code segment is growing steadily. QR codes for smart packaging provide convenience for consumers while interacting with their brand of choice

    Growing Consumer Needs to Result in Significant Growth of the Food & Beverages Segment

    Based on end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others. Increasing demand from consumers for high-quality and safe food products rises the requirement for the internet of packaging.

    Report Coverage:

    The report offers:

    Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
    Comprehensive insights into the regional developments.
    List of major industry players.
    Key strategies adopted by the market players.
    The latest industry developments include product launches, partnerships, mergers, and acquisitions.
    Drivers & Restraints:

    Increasing Investments in R&D Packaging to Boost Market Growth

    The products' various functions such as recording, detecting, applying scientific logic, and tracking real-time data, provide significant consumer marketing solutions. Growing investment in research and development for advanced packaging will expand the global internet of packaging market share. Increasing demand for multi-specialty wrapping which can retain the freshness and quality of the product along with maintaining its nutritional and health value to drive market growth. Consumer preference shifting toward comfort food is anticipated to push the internet of the packaging market forward during the forecast period.

    However, the high cost of hardware, software, and training expenditures for the internet of packaging is likely to hamper the market growth.

    Regional Insights

    Asia Pacific to See Substantial Growth due to Changing Lifestyles

    Asia Pacific is anticipated to witness significant internet of packaging market growth during the forecast period. The growth can be attributed to increasing demand for frozen and packaged products and changing lifestyles. The product's feature of improved product traceability is preferred by consumers. Latin America is to experience steady growth due to changing behavior in product purchasing, lifestyle, and rising demand for connected packaging solutions.

    Competitive Landscape

    Major Players to Maintain Dominance by Launching Advanced Product

    The global market is fiercely competitive. A small number of major corporations control huge market shares by offering enhanced packaging. These corporations are focused on enhancing their products to meet the requirements of consumers and grow their consumer base throughout the globe.

    Key Industry Development:

    April 2021: Stora Enso announced the expansion of the sustainable ECO RFID product family with a tag collection. The ECO RFID collection is specifically designed for food & beverage items for item-level tagging and tracking of ready-made meals. It is gaining popularity as the first paper tag in the world for microwave-safe use, ECO meal.

    List of Key Players Profiled in the Report:

    Wiliot (Israel)
    Tetra Pak (Switzerland)
    Scanbuy Inc. (U.S.)
    Kezzler (Norway)
    Identiv Inc. (U.S.)
    Tapwow (U.S.)
    Sepio Products (India)
    CuePath Innovation Designs (Canada)
    Insignia Technologies (U.K.)
    RePack (Finland)
    ImpaX.io (Israel)
    Qtrust (U.K.)
    Iungo (Brazil)
    The global internet of packaging market size was valued at USD 18.50 billion in 2022. The market is projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. Internet of packaging, also known as intelligent packaging, is a method used to trace, interact, monitor, and manage the safety and quality of products. Reducing human errors, eliminating costs, maintaining quality, and preventing diseases due to rotten food are the major factors for which this packaging method was specifically designed and used. Fortune Business Insights presents this information in their report titled “Global Internet of Packaging Market, 2023-2030.” Information Source- https://www.fortunebusinessinsights.com/internet-of-packaging-market-107258 Segments: Boxes & Cartons is the Dominating Segment Due to its High Utilization in Product Packaging Based on packaging type, the market is divided into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. The boxes & cartons segment dominates the market. These are mostly preferred for packaging a variety of products. Various functions offered such as tracing, recording, easy sensing, and providing vital information on the product’s current state make it a preferred option for consumers. Barcode and QR Code Segment Dominates the Market Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators. Barcode & QR code segment is growing steadily. QR codes for smart packaging provide convenience for consumers while interacting with their brand of choice Growing Consumer Needs to Result in Significant Growth of the Food & Beverages Segment Based on end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others. Increasing demand from consumers for high-quality and safe food products rises the requirement for the internet of packaging. Report Coverage: The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into the regional developments. List of major industry players. Key strategies adopted by the market players. The latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints: Increasing Investments in R&D Packaging to Boost Market Growth The products' various functions such as recording, detecting, applying scientific logic, and tracking real-time data, provide significant consumer marketing solutions. Growing investment in research and development for advanced packaging will expand the global internet of packaging market share. Increasing demand for multi-specialty wrapping which can retain the freshness and quality of the product along with maintaining its nutritional and health value to drive market growth. Consumer preference shifting toward comfort food is anticipated to push the internet of the packaging market forward during the forecast period. However, the high cost of hardware, software, and training expenditures for the internet of packaging is likely to hamper the market growth. Regional Insights Asia Pacific to See Substantial Growth due to Changing Lifestyles Asia Pacific is anticipated to witness significant internet of packaging market growth during the forecast period. The growth can be attributed to increasing demand for frozen and packaged products and changing lifestyles. The product's feature of improved product traceability is preferred by consumers. Latin America is to experience steady growth due to changing behavior in product purchasing, lifestyle, and rising demand for connected packaging solutions. Competitive Landscape Major Players to Maintain Dominance by Launching Advanced Product The global market is fiercely competitive. A small number of major corporations control huge market shares by offering enhanced packaging. These corporations are focused on enhancing their products to meet the requirements of consumers and grow their consumer base throughout the globe. Key Industry Development: April 2021: Stora Enso announced the expansion of the sustainable ECO RFID product family with a tag collection. The ECO RFID collection is specifically designed for food & beverage items for item-level tagging and tracking of ready-made meals. It is gaining popularity as the first paper tag in the world for microwave-safe use, ECO meal. List of Key Players Profiled in the Report: Wiliot (Israel) Tetra Pak (Switzerland) Scanbuy Inc. (U.S.) Kezzler (Norway) Identiv Inc. (U.S.) Tapwow (U.S.) Sepio Products (India) CuePath Innovation Designs (Canada) Insignia Technologies (U.K.) RePack (Finland) ImpaX.io (Israel) Qtrust (U.K.) Iungo (Brazil)
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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 (PVD) Market Size & Growth, 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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