Categories
News Press Release

Injection Molded Plastics Market 2026 Growth Predictions by top Key Players with Recent Size and Share Estimation

The Global Injection Molded Plastics Market is expected to reach $513.45 billion by 2026, exhibiting a CAGR of 5.1% during the forecast period. The rising uptake of injection-molded plastics across different industries is foreseen to be a key growth driver for this market in the forthcoming years. These plastics are being extensively utilized in the food and beverage industry owing to the stringent regulatory norms that govern their manufacturing process and quality. As a result, the majority of the molded plastics used are engineered to not react with the food or beverage that is being packed. These materials are primarily used to manufacture caps, containers, conveyor system components, and filters in the food and beverage industry. Another industry where these plastics are finding rising demand is medical and pharmaceutical.

Packaging of medicines and other medical equipment requires high-quality moldable material as any reaction with the medicine could prove disastrous for the patient. Injection-molded plastics provide the optimum solution for this industry as they have high strength and have good resistance to high temperatures.

Fortune Business Insights™ in this new report, titled “Injection Molded Plastics Market Size, Share & Industry Analysis, By Resin Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2019-2026”, states that the market value stood at $346.10 billion in 2018.

Request a Sample PDF Brochure of “Injection Molded Plastics Market” Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/injection-molded-plastics-market-101970

Cost- and Size-related Limitations to Stem Growth

While there is high demand from different industries for injection molded plastics, certain limitations of these plastics related to size and cost may hold back the market from reaching its true potential. For instance, before reaching the final production stage, numerous designing and molding operations need to be performed, which can escalate costs for the manufacturer. Furthermore, the tool used for molding process is complex and requires skills to operate, thereby necessitating investment in training employees in handling this equipment. With regard to size, these products require large machines, whose installation and maintenance can prove pocket-heavy for the manufacturer. Moreover, making these plastics is a time-consuming process, taking up to 6 weeks to produce one product, which is a major disadvantage inhibiting the growth of this market.

“However, these drawbacks notwithstanding, the variety of advantages offered by these products will continue to lead the Injection Molded Plastics Market trends”, says a lead analyst at Fortune Business Insights™.

List of Key Players Covered in the Injection Molded Plastics Market Report:

  • Magna International Inc.
  • Coastal Plastic Molding, Inc.
  • LyondellBasell
  • HTI Plastics
  • Dow Inc.
  • Huntsman Corporation
  • Toshiba Corporation
  • Valder Kunststoffverarbeitungs GmbH
  • DuPont
  • BASF SE

Key Industry Developments:

  • December 2019: BASF launched its polyphenylsulfone (PPSU) Ultrason® P 2010, an upgrade to its renowned Ultrason® P. The new offering features enhanced flow behavior in injection moldings, enabling manufacturing of complex items such as those used in airplanes. The advancement will also ensure low energy consumption as it enables more efficient raw material processing.
  • August 2019: Dow Inc. and Fuenix Ecogy Group collaborated to produce and fully-recyclable plastic. The partnership will achieve this by using pyrolysis oil feedstock, which Dow will utilize to manufacture new polymers at its production plants in the Netherlands. Polymers manufactured using this feedstock can be used in various industries, especially food packaging.

Check Avail Discount on Report: https://www.fortunebusinessinsights.com/enquiry/check-discount/injection-molded-plastics-market-101970

Expansion of Automotive Industry to Propel the Market in Asia-Pacific

Asia-Pacific is projected to dominate the Injection Molded Plastics Market share on account of rapid expansion of the automotive industry fueled by rising incomes in India and China. In addition to this, there is increasing demand for efficient and safe food packaging in India, China, and Japan. Other factors driving the regional market include escalating pace of urbanization, growing adoption of smart buildings, and high population growth in this region.

Robust presence of major manufacturers along with well-established packaging and electronics industries will ensure stable growth of the market in North America, where the market size was at USD 49.93 billion in 2018. In Europe, high demand for injection molded plastics from the food and beverage industry will elevate the potential of the market in the region.

Offering of Eco-friendly Solutions to Make Competition Fierce

The Injection Molded Plastics Market forecast predicts that key players in this market are developing innovative, environmental-friendly products that are energy-efficient and recyclable. With sustainability being the industrial buzzword, such innovative offerings would stand in good stead for the companies in the coming decade.

Browse More Trending Topics from Fortune Business Insights™ :

Aerospace & Defense Materials Market Size, Share & Industry Analysis, By Material (Titanium Alloys, Aluminum Alloys, Composites, Super Alloys, Steel and Others), By Aircraft (Commercial, Military, Business & General Aviation and Others) and Regional Forecast, 2020-2027

Membranes Market Size, Share & Industry Analysis, By Technology (RO/FO, UF, NF, MF, and Others), By Applications (Water & wastewater treatment, Food & beverage, Gas separation and Others) and Regional Forecast, 2019-2027

Liquid Soap Market Size, Share & Industry Analysis, By Product Type (Bath & Body Soaps, Dish Wash Soaps, Laundry Soaps, and Others), Application (Household and Commercial), Distribution Channel, and Regional Forecast, 2020-2027

Categories
News Press Release

Perfumery Glass Bottles Market Key Updates, Industry Share, Demand Analysis and Forecast to 2026

The global perfumery glass bottles market size is expected to reach USD 2.09 billion by 2026, exhibiting a CAGR of 4.4% during the forecast period. The market size stood at USD 1.49 Billion in 2018.

Furthermore, the growing research and development in the cosmetics industry will enable the healthy growth of the Perfumery Glass Bottles Market in the future. For instance, according to the Cosmetics European Trade Association, The European cosmetics and personal care industry employ approximately 28,800 scientists from a wide range of disciplines, including physics, microbiology, biology, dermatology, dentistry, toxicology, rheology, analytical chemistry, and genetics. There are at least 77 scientific innovation facilities in Europe carrying research in relation to cosmetics.

Additionally, rising regulatory policies for the implication of product safety will spur demand for nontoxic perfumery glass bottles. For instance, The Personal Care Products Council (PCPC) successfully petitions FDA to issue draft guidance for lead impurities in lip products and externally applied cosmetics, providing critical regulatory certainty consistent with international policies.

According to the recent report published by Fortune Business Insights in a report, titled “Perfumery Glass Bottles Market Size, Share & Industry Analysis, By Form (Translucent, Transparent, and Opaque), Capacity (0-50 ml, 50-150 ml, and >150 ml), and Regional Forecasts, 2019 – 2026”, The rising inclination of customers towards the packaging of cosmetic products will subsequently escalate the demand for perfumery glass bottles in the forthcoming years.

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/perfumery-glass-bottles-market-102064

The perfumery glass bottles market executes a PESTEL study and SWOT analysis to reveal the stability, restrictions, openings, and threats in the market. Combined with the market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Perfumery Glass Bottles Market, and all articulated with geographical and merchandise segments.

List of Best Companies in the Perfumery Glass Bottles Market Include;

  • Verescence
  • Vidraria Anchieta
  • Gerresheimer
  • Roma International PLC
  • SGB Packaging
  • Stölzle-Oberglas
  • Baralan
  • Consol Glass
  • Continental Bottle
  • DSM Packaging
  • Heinz-Glass

Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers.

Announcement of Glass Bottle with SCULPT’in Technology to Spur New Market Opportunities

Verescence, a global leader in glass bottle manufacturing for the perfumery and cosmetics industry, manufactured an exceptional glass bottle with its SCULPT’in technology for Arizona, the first fragrance by fashion brand Proenza Schouler under a license agreement with L’Oréal.  Furthermore, the Arizona bottle demonstrates Verescence’s innovation capabilities, both in terms of glass and decoration.

The introduction of the new remarkable glass bootle with SCULPT’in technology will bolster the healthy growth of the market during the forecast period owing to the unique and innovative glass. Additionally, “This Verescence’s patented technology SCULPT’in revolutionizes the glass bottle forming process and allows us to create singular glass distributions inside bottles blown through a standard neck finish.” Sates Samuel Joachim, INPD Director at Verescence.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/perfumery-glass-bottles-market-102064

E-Commerce Penetration to Influence Expansion Process

The increasing globalization and urbanization will aid the Perfumery Glass Bottles Market growth in the foreseeable future. The progression in consumer-oriented strategies will spur demand for consumer goods, which, in turn, will boost the Perfumery Glass Bottles Market revenue. Moreover, the surge in advertisements and marketing strategies by key players to attract customers will augment new sales opportunities for the market in the forthcoming year.

Additionally, the growing trend of online shopping and the penetration of various E-commerce companies will contribute positively to the growth of the Perfumery Glass Bottles Market in the forthcoming years. For instance, in October 2019, Amazon announced its earnings for its third fiscal quarter of 2019, including revenue of $70.0 billion, net income of $2.1 billion, and earnings per share of $4.23 (compared to revenue of $56.6 billion, net income of $2.9 billion, and earnings per share of $5.75 in Q3 2018).

Rising Focus on Beauty & Wellness to Boost Market in Asia Pacific

Asia Pacific is expected to grow profoundly in the forthcoming years and projected witness a CAGR of 5.6% during the period from 2019 to 2026. The growth in the region is attributable to the rising consumption of perfume in countries such as China, India, Japan, Australia, Indonesia, and others. The increasing disposable income and preference for beauty & wellness will augment growth in the region.

Browse More Trending Topics from Fortune Business Insights™ :

Solid Waste Management Market Size, Share & Industry Analysis, By Waste Type (Industrial Waste and Municipal Waste {Organic Matters, Paper, Plastic, Glass & Metal and Others}), By Treatment Method (Collection, Processing {Recycling & Composting} and Disposal {Landfilling & Open Dump and Incineration}) and Regional Forecast, 2020-2027

 

Flexitank Market Size, Share & Industry Analysis, By Reusability (Single-Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027

 

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

Categories
News Press Release

High Strength Steel Market Demand in 2020, Growth, Size, Share and Business Opportunities in 2026

Multifaceted Nature of High Strength Steel to Fuel Its Demand Across Industries High Strength Steel Market

Steel is the backbone of majority of industries in the world and is one of the core materials that can meet a host end-user needs. High strength steel is an upgraded version of regular steel and offers many more advantages to its conventional counterpart. For example, according to the Australian Steel Institute, the high-yield and robust tensile strength of this steel can be effectively utilized to increase stresses in designs. Additionally, structural dead weights can be decreased that can save both costs and space. Owing to these advantages, high strength steel is finding increasing applicability across a wide spectrum of industries such as aerospace, electronics, and marine, which is accelerating the High Strength Steel Market growth.

The Global High Strength Steel Market Share value is projected to reach USD 53.43 billion by 2026, the value of this market stood at USD 28.79 billion in 2018, exhibiting a CAGR of 8.1% during the forecast period 2019-2026.

List of top players covered in High Strength Steel Market research report are:

  • ArcelorMittal S.A.
  • Baosteel Group Corporation
  • Nippon Steel & Sumitomo Metal Corporation
  • HBIS Group
  • Posco Group
  • JFE Steel Corporation
  • United States Steel Corporation
  • China Steel Corporation
  • Steel Authority of India Limited (SAIL)
  • Tata Steel
  • Angang Steel Company Limited
  • Hebei Puyong Iron and Steel Group Co., Ltd.
  • JSW Steel
  • SSAB AB
  • Novolipetsk Steel (NLMK)
  • CITIC Pacific Special Steel Holdings
  • Hyundai Steel Company
  • Voestalpine AG
  • Nucor Corporation
  • Thyssenkrupp Ag
  • Metinvest Holding, LLC
  • PAO Severstal
  • Gerdau S.A.
  • Shandong Iron and Steel Group
  • Other Key Players

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/high-strength-steel-market-101854

High Strength Steel Market Size, Share & Industry Analysis, By Type (High Strength Low Alloy (HSLA), Dual Phase (DP), Transformation Induced Plasticity (TRIP), Martensitic (MS), and Others), By Application (Automotive; Building & Construction; Mechanical & Heavy Equipment; Rail, Aviation & Marine; and Others), and Regional Forecast, 2019-2026

The high strength steel has a greater yield of 275 MPa and above along with carbon content between 0.05% and 0.25%, manganese content below 2%, and a combination of other metals. These properties make this type of steel the ideal candidate for producing lightweight vehicles and this will also become one of the leading high strength steel market trends.

The rising demand for lightweight steel in the automotive industry is expected to be a major growth driver of this market. There is an urgent global need to reduce carbon emissions from automobiles and the adoption of high strength steel in place of carbon steel offers a viable solution to this problem. This category of steel is known for its high strength capacity, which reduces the conventional steel requirement to manufacture vehicles and vehicular parts.

Key Industry Developments:

  • December 2019: An MoU was signed between HBIS Group and POSCO Group for the initiation of a joint venture to develop, produce, and sell high-end steel products in the prospering automotive industry of China.
  • May 2019: United States Steel Corporation announced an investment of $1 billion in the company’s Mon Valley Works. The investment will make Mon Valley the principal producer of the company’s signature XG3™ Advanced High Strength Steel for manufacturing of fuel efficient vehicles.

Ask for Customization:  https://www.fortunebusinessinsights.com/enquiry/customization/high-strength-steel-market-101854

Flourishing Construction Industry to Propel the Market in Asia-Pacific

Asia-Pacific is projected to dominate the High Strength Steel Market share, since the region commanded the market share in 2018. Increasing production and consumption of steel by the automotive, construction, and heavy machinery industries are the leading factors driving the market in this region.

The High Strength Steel Market size in North America was USD 3.21 billion in 2018. The region is anticipated to display the highest CAGR on account of the high demand for steel from the automotive and mechanical industries in the US. Europe, too, will showcase a sturdy CAGR owing to the rising demand for lightweight steel for manufacturing electric and hybrid vehicles.

Launch of New-Age Products to Intensify Competition

The High Strength Steel Market forecast points towards a period of intense competition as companies adopt strategies to gain a competitive edge. This is being achieved through development and launch of innovative products and solutions.

Browse More Trending Topics from Fortune Business Insights™ :

Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027

Asphalt Market Size, Share & Industry Analysis, By Product (Paving, Roofing, and Others), By Application (Roadways, Waterproofing, Recreation, and Others), and Regional Forecast, 2020-2027

Swine Feed Market Size, Share & Industry Analysis, By Type (Starter Feed, Sow Feed, and Grower Feed), Additives (Vitamins, Amino Acids, Antibiotics, Enzymes, and Others), Form (Pellets, Mash, and Crumbles), and Regional Forecast, 2020 – 2027

Water Purifier Market Size, Share & Industry Analysis, By Product Type (Point-of-use Filters {Under the Counter Filters, Counter Top Filters, Pitcher Filters, Faucet-mounted Filters and Others} and Point-of-entry Filters), By Category (RO Filters, UV Filters, Gravity Filters and Others), By Application (Residential and Commercial) and Regional Forecast, 2020-2027

Categories
News Press Release

Calcium Formate Market Growth, Share Value, Trends, Demand Overview, and Regional Forecast to 2026

The Global Calcium Formate Market size is set to touch USD 627.1 million by 2026, registering a CAGR of 4.2% during the forecast period, the market was valued at USD 451.2 Million in 2018.

Rapid expansion of construction industry around the globe will be the primary driving force behind the growth of this market. According to a study published by Oxford Economics, the global construction industry is expected to grow at about 3.9% annually till 2030, with majority of this growth slated to occur in the three major economies of the US, China, and India, accounting for nearly 57% of the growth. Furthermore, the study reveals that output from construction will increase by a staggering 85% in the next decade at a value of around USD 15.5 trillion by 2030. Calcium formate is an integral component in the production of concrete and cement-based products. Thus, with the expected rise in construction activities around the world, the demand for the compound will rise correspondingly.

According to the Fortune Business Insights report, titled “Calcium Formate Market Size, Share & Industry Analysis, By Type (Feed Grade, Industrial Grade), By Application (Feed, Construction, Leather, Chemical, and Others), and Regional Forecast, 2019-2026”.

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit:
https://www.fortunebusinessinsights.com/enquiry/covid19-impact/calcium-formate-market-101683

The report also contains an in-depth analysis and evaluation of the factors, trends, and dynamics that will influence the market in the forecast period. Besides this, it provides a thorough research based on which businesses can formulate their strategies to excel in this market.

List of Best Companies Operating in the Calcium Formate Market are;

  • LANXESS
  • Perstorp
  • Chongqing Chuandong Chemical (Group) Co., Ltd.
  • American Elements
  • GEO Specialty Chemicals
  • Henan Botai Chemical Building Materials Company Ltd.
  • Zibo Ruibao Chemical Co., Ltd.
  • Shandong Baoyuan Chemical Co.,Ltd
  • Jiangxi Kosin Organic Chemical
  • Sidley Chemical Co.,Ltd

Multi-Utility Nature of Calcium Formate to Boost Growth Prospects

Calcium formate structure makes it a white crystalline solid that is free-flowing and odourless. Its unique properties have made it a highly demanded compound across the industrial spectrum. For example, in the leather tanning industry, calcium formate speeds up the percolation of chrome in the leather. This is also why leather is one of the leading segments in the market with a 18.3% share, as per Calcium Formate Market trends. Addition of the compound in cement makes cement hard, strong, and more durable, making it a hot cake in the cement industry. Moreover, the compound also works well in low temperature and prevents corrosion in metal substrates. Another application of calcium ethanoate is in flue gas desulphurization, where the compound has shown the capacity to remove nearly 95% of oxides of sulphur from fuel oil. This multi-applicability is expected to enhance the potential of this market in the approaching decade.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/calcium-formate-market-101683

Asia-Pacific to Hold a Commanding Position in the Market; Europe to Grow Healthily

Asia-Pacific is projected to dominate the Calcium Formate Market share owing to the explosion of construction activities in China and India and a flourishing cement and steel industry in Japan. Europe is anticipated to experience a stable growth period owing to the increasing demand for calcium ethanoate in the feed industry. North America, Latin America, Africa, and the Middle East will exhibit a relatively modest CAGR due to low demand for the compound in their construction industries.

Increasing Research into Safety of Calcium Formate to Promote Innovation

Competition in this market is still at its nascent stage as safety in using the compound is still being researched and the results are promising. For example, the International Labor Organization (ILO) found that ingestion of calcium formate in a healthy body does not lead to its accumulation and is, in fact, metabolized by the body at a quick pace. These are positive signs for players to increase their investment in R&D activities in manufacturing this compound and establishing their presence in the market.

Browse More Trending Topics from Fortune Business Insights™ :

Antimicrobial Textiles Market Size to Reach USD 13.89 Billion by 2027; Increasing Awareness about Infectious Diseases to Boost Market Growth, Says Fortune Business Insights™

Automotive Engine Oil Market Size to Touch USD 45.66 Billion by 2026; High Demand for Lower Viscosity Motor Oil to Aid Growth, Says Fortune Business Insights™

Technical Textiles Market Size to Reach USD 195.36 Billion by 2026; Owing to Rapid Urbanization and Rising Demand From Application Such as Civil Engineering and Construction, Says Fortune Business Insights™

Gypsum Board Market Worth USD 53.68 Billion by 2026; Driven by the Increasing Emphasis on Adoption of Recyclable Products, says Fortune Business Insights™

Categories
News Press Release

Adhesives & Sealants Market Business Opportunities, Size, Industry Share, Growth, Trends and Forecast to 2026

The Global Adhesives & Sealants Market Size is expected to reach USD 66.76 billion by 2026, exhibiting a CAGR of 5.05% during the forecast period. Promising growth of the global building and construction industry is touted to be the top factor driving this market in the foreseeable future. According to the French credit insurance company, Euler Hermes, the global construction industry grew by 3.5% in 2018 from 2017 levels, making 2018 the best-performing year for the industry in a decade.

List of Top Players Covered in the Adhesives & Sealants Market Research Report are;

  • Sika AG
  • PPG Industries
  • B. Fuller Company
  • Avery Dennison
  • Arkema S.A.
  • RPM International Inc.
  • Huntsman Corporation
  • BASF SE
  • Ashland Inc.
  • 3M

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visithttps://www.fortunebusinessinsights.com/enquiry/covid19-impact/adhesives-and-sealants-market-101715

Market Report Overview

Furthermore, a joint report produced and published by Global Construction Perspectives and Oxford Economics predicts that the value of this industry will hit $15.5 trillion by 2030, with an 85% rise in volume. India, China, and the US will account for nearly 57% of this rise, the report states. Adhesives and sealants are some of the most vital components in buildings as they hold join two distinctive materials together and keep them in place for prolonged periods of time. Thus, escalating demand for housing and commercial spaces would leverage the adhesives and sealants market growth in the coming years.

The other highlights of the report are:

  • Thorough research into the drivers, trends, and restraints shaping the growth of the market;
  • 360-degree analysis of the market segments and their influence on the overall market outlook;
  • Meticulous study of the competitive landscape of the market through profiling of key players, their strategies, and other industry developments; and
  • Comprehensive evaluation of the regional dynamics of the market.

Optimistic Projections for Electric Vehicles to Aid Market Growth

One of the top emerging Adhesives & Sealants Market trends is the encouraging outlook for electric vehicles for the next couple of decades. According to the International Energy Agency (IEA), in 2017, over 3 million hybrid cars were running on roads across the globe. Moreover, the IEA’s New Policies Scenario projects that the number of electric cars on the road could reach 220 million by 2030. Adhesives and sealants are expected to play a crucial role in the manufacturing of electric vehicles as they make possible the bonding of dissimilar materials. Adhesives are already widely applied in automotive manufacturers such as for thermal conductivity and management and corrosion protection. The emergence of electric vehicles would open a new avenue for these materials.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/adhesives-and-sealants-market-101715

Rapid Industrial Development to Drive the Market in Asia-Pacific

Asia-Pacific is foreseen to lead the Adhesives & Sealants Market share owing to the speedy development of industries in the region. In addition to that, the rapid expansion of the middle class in India and China is generating tremendous demand for building and construction activities, which is auguring well for the market in the region.

North America boasted of the market size of USD 11.32 billion in 2018 and will remain a key region in this market during the forecast period. The primary factor driving the market here is the growing preference among consumers for flexible packaging solutions. In Europe, strong environmental regulations are firing up the demand for green adhesives and boosting the market in the region.

Introduction of Innovative Offerings to Make Competition Fierce

The adhesives and sealants market forecast predict a period of fierce competition in the market as companies develop and launch interesting solutions. “These measures are aiding players to diversify their portfolio and entrench their position in the market”, says one of our lead analysts.

Browse More Trending Topics from Fortune Business Insights™ :

Agricultural Films Market Size to Reach USD 14.31 Billion by 2026; Growing Demand for Food to Spur Market Opportunities, states Fortune Business Insights™

Protective Clothing Market Size Worth USD 34.31 Billion by 2027; Rising Government Norms to Ensure Workplace Safety will Aid Growth Worldwide, Fortune Business Insights™

Building Thermal Insulation Market Size to Reach USD 40.21 Billion by 2026; Owing to Increasing Construction Activities Worldwide, Fortune Business Insights™

Hand Sanitizer Market Size to Hit USD 1.96 Billion by 2026; Steadily Rising Awareness About Hygiene and Sanitation to Propel Industry Growth, Says Fortune Business Insights™

Automotive Composites Market Size to Touch USD 13.5 Billion by 2026; Increase in Demand for Lightweight Automobile to Boost Market Growth, Says Fortune Business Insights™

Categories
News

Spray-dried Vegetable Powder Market Size Update in 2020 by Industry Size, Share and Global Demand by 2026

The Global Spray-dried Vegetable Powder Market is expected to hold significant share in terms of revenue as it has impacted several adjuvant industries over the past decades. Strong economic growth especially in emerging countries is holding sway in the market. In addition to this, rapid lifestyle transformation and rising preference towards healthy food has emerged as a boon to Spray-dried Vegetable Powder Market. Now-a-days consumers are more concerned about the quality and ingredients of food consumed.

Some of the leading players operating in the Global Spray-dried Vegetable Powder Market includes;

  • Kanegrade Limited,
  • Green Rootz,
  • Apollo Ingredients,
  • BSR Foods,
  • Mevive International Food Ingredients,
  • Pascunt International,
  • DHM Ingredients,
  • Chaucer Foods Ltd.,
  • PL Tomas & Co., Inc. and Phoenix International

Gain More Insights into the Spray-dried Vegetable Powder Market Research Report

https://www.fortunebusinessinsights.com/spray-dried-vegetable-powder-market-103181

Technology is one of the biggest disruptors in the food and beverage sector and companies are continuously adopting these technologies to stay ahead of competition. Automation is hitting food retail sector. In the coming years, robots are expected to prepare food and simultaneously ensure food safety. The food and beverage industry is undergoing numerous changes with changing consumer preferences and rising number of food and beverage start-ups.

This information has been published by fortune Business Insights in a report, titled “Spray-dried Vegetable Powder Market Size, Share & Industry Analysis, By Vegetable (Onion, Tomato, Potato, Beans, Corn, Mushroom, Others), By Function (Thickener, Flavour Enhancer, Meat Tenderizer, Nutritional Enrichment), By End-user (Food and Beverage Products, Foodservice, Household, Pharmaceuticals) and Regional Forecast, 2020-2027”.

Major Segments includes:

By Vegetable

  • Onion
  • Tomato
  • Potato
  • Beans
  • Corn
  • Mushroom
  • Others (Coriander, Garlic, & Ginger)

By Function

  • Thickener
  • Flavour Enhancer
  • Meat Tenderizer
  • Nutritional Enrichment

By Geography

Request A Sample Copy – Spray-dried Vegetable Powder Market Report

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/spray-dried-vegetable-powder-market-103181

Novel technological changes are intended to take this industry to new heights. Furthermore, introduction of cost-effective equipment is expected to revolutionize processes in the Global Spray-dried Vegetable Powder Market. Also, innovative packaging techniques will help the market players gain a strong footprint in the coming years. Rising disposable income among people in emerging countries is another factor driving the market.

The report on this industry offers a detailed overview on the trends prevailing in the global market. It also provides valuable insights into various factor influencing growth in the market. In addition to this, some of the restraints are discussed which may negatively impact the market’s growth.

The information has been taken from primary and secondary sources. It comprises of information gathered from several industry experts. Secondary sources such as collaterals, press releases, and valuable information from recognized institutes are used to analyze the market.

Major Table of Content for Spray-dried Vegetable Powder Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  6. North America Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  7. Europe Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  8. Asia Pacific Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  9. Middle East and Africa Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  10. Latin America Spray-dried Vegetable Powder Market Analysis, Insights and Forecast, 2014-2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

Have Any Query? Ask Our Experts

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/spray-dried-vegetable-powder-market-103181

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Categories
News Press Release

Coronavirus Outbreak: Industrial Filtration Market Fights Back with Well-defined Business Strategies

The Industrial Filtration Market size is anticipated to reach USD 48.52 Billion by 2026 on account of the rapid urbanization and the increasing need for clean energy and pure water. A recent report Fortune Business Insights™ titled, “Industrial Filtration Market Size, Share & Industry Analysis, By Type (Air & Gas Filtration, and Liquid Filtration), By Filter Media (Activated Carbon, Fiberglass, Nonwovens, Metals, Filterpaper, and Combination Filters & Others), By Application (Food & Beverage, Power Generation, Semiconductors & Electronics, Chemicals & Petrochemicals, Healthcare, Metals & Mining, Paper & Paints, and Others), and Regional Forecast, 2019-2026,” offers a 360-degree overview of the market. According to this report, the market value was USD 34.79 Billion in 2018 and rise at a CAGR of 4.3% between 2019 and 2026.

COVID-19 Impact Analysis:

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

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

To get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/industrial-filtration-market-101206

What is the Scope of the Report?

The report offers a qualitative and quantitative analysis of the market and provides a 360-degree overview of the same. It highlights major factors that drive, restrict, creates opportunities and challenges the market. The report also throws light on the table of market segmentation based on factors such as type, media, application, and geography with the list of names of leading segments, their base and forecast figure with CAGR. Additionally, the report lists the names of market manufacturers and the key strategies adopted by them to gain a competitive edge in the market. To conclude, the report discusses significant industry developments, current industrial filtration market trends, and other interesting insights useful for market investors in the future.

Market Drivers: Industrial Filtration Market

Increasing Need for Energy to Drive the Market

The increasing demand for a clean source of energy is the major factor boosting the industrial filtration market growth. This, coupled with the rising urbanization, increasing industrialization, and increasing need for environmental protection is also expected to aid in the expansion of the market during the forecast period. Furthermore, increasing healthcare, medical, and pharmaceutical industries will also add impetus to the market.

However, the high utilization of energy during an industrial filtration process may pose major challenges to the market. Nevertheless, the rising popularity of personal fitness has led to increasing demand for healthy food and beverage products. The expansion of the food and beverage industry is expected to create lucrative growth opportunities for the market in the future.

Regional Segmentation: Industrial Filtration Market

North America to Continue Dominance Owing to Increasing Demand from Power Generation Industries

In 2018, North America earned $16.28 billion on account of the massive investments by industries all over the region to suffice to the restrictions imposed by agencies such as WHO and EPA. Additionally, flourishing healthcare and power generation industries also helped North America earn the dominant industrial filtration market share and expected to continue so in the forecast period. On the other side, the Asia Pacific market will attract significant share owing to the presence of the electronic industry hub. Europe market, on the other hand, will witness remarkable growth owing to the increasing number of food & beverage and pharmaceutical industries in the region. Furthermore, Latin America and the Middle East and Africa region is in its nascent stage and will rise with the presence of unexplored market opportunities and increasing industrialization.

Quick Buy – Industrial Filtration Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/101206

Competitive Landscape: Industrial Filtration Market

Presence of Diverse Portfolio Helping Major Companies to Hold a Share of Over 50%

 The global industrial filtration market is semi-consolidated with the top 10 companies holding an estimate of 50% and more shares in the market. This is owing to the geographical expansion of the companies and diverse portfolio. Major players have invested heavy amount into research and development of multiple industrial filtration systems for their growth. Other players are engaging in joint ventures, agreements, and contracts, mergers and acquisitions and other strategies to attract high market revenue in the forthcoming years.

List of Key Players of Industrial Filtration Market include:

  • Hollingsworth & Vose Company
  • 3M
  • American Air Filter Company, Inc.
  • Dorstener Wire Tech
  • Ahlstrom-Munjskö
  • Graver Technologies
  • Lydall, Inc.
  • Markel Corporation
  • Filtration Group
  • Parker Hannifin Corp.
  • Mann + Hummel
  • Freudenberg Filtration Technologies SE & Co. KG
  • Aqseptance Group
  • Mott Corporation
  • Pall Corporation
  • Donaldson Company, Inc.
  • Alfa Laval Inc.
  • Universal Filtration
  • Other Vendors

Significant Industry Developments of the Industrial Filtration Market include:

  • August 2019 – Hardy Filtration was acquired by Mann + Hummel for expanding their businesses worldwide and earn large revenue. Both companies are also aiming at increasing the production capacity of their subsidy Tri-Dem Filter Corporation.

January 2020 – Tanajib and Pall Corporation announced the formation of Pall Arabia, their collaborative effort to provide filtration services and products to the petroleum, and oil & gas industries in the GCC region.

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/industrial-filtration-market-101206


More Trending Topics from Fortune Business Insights: 

Surface Disinfectant Market Size to Reach USD 1,547.7 Million by 2027; COVID-19 Pandemic to Surge Demand, says Fortune Business Insights™

Plastic Waste Management Market Size to Hit USD 41.58 Billion by 2027; Growing Demand for Efficient Treatment of Solid Waste Worldwide to Feed Market Expansion, Says Fortune Business Insights™

Asphalt Market Size to Reach USD 321.5 Million by 2027; Rising Development of Unique Solutions by Manufacturers to Aid Growth, Says Fortune Business Insights™

Water Purifier Market Size to Reach USD 45.00 Billion by 2027; Unveiling of Smart Purifiers to Brighten Sales Possibilities, states Fortune Business Insights™

Pharmaceutical Packaging Market to Hit USD 142.59 Bn by 2027; Rising Demand for Efficient Packaging of Drugs by Healthcare Facilities to Boost Market Growth: Fortune Business Insights™

 

Categories
News Press Release

Flooring Market: Coronavirus Pandemic: Short and long-term actions taken by Key Players

The global Flooring Market size is projected to reach USD 515.71 billion by 2026, exhibiting a CAGR of 4.8% during the forecast period. Rising global focus on affordable housing will be a major growth factor for this market, shares Fortune Business Insights™ in its new report, titled Flooring Market Size, Share & Industry Analysis, By Type (Non-Resilient {Ceramic, Wood, Laminate, and Others}, Resilient {Vinyl, and Others}, Carpets & Rugs, {Tufted, Woven, and Others}), By End-Use (Residential and Non-residential), and Regional Forecast, 2019-2026”. According to UN HABITAT, approximately 13% of the world’s urban areas have affordable housing. This indicates that an extremely low number of people in cities across nations have are living in regulated housing societies. As a result, governments around the world, especially in developing countries, are ramping up their investment in the housing sector to ensure that every person in the country has a proper home. This is emerging as one of the leading flooring market trends as government-backed building activities will create a huge demand for flooring solutions and thus accelerate the growth of this market in the forthcoming years.

COVID-19 Impact Analysis:

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

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

To Get Short-Term and Long-Term Impact of COVID-19 on this Market,

Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/flooring-market-102740

The report states that the Flooring market value stood at USD 355.17 billion in 2018. The other highlights of the report include:

  • Thorough research into the factors driving the market growth;
  • In-depth study of the factors restraining the market;
  • Comprehensive assessment of the market segments; and
  • Careful analysis of the regional developments and competitive dynamics of the market.

Market Driver: Flooring Market

Growing Preference for Vinyl Flooring to Fuel the Flooring Market

Vinyl flooring solutions are becoming increasingly among homeowners as well as commercial occupants, which is fueling this market growth. This rising preference is attributable to host of benefits that vinyl tiles and other flooring options offer. For example, in commercial spaces, vinyl tiling provides a durable and reliable flooring solution as these spaces have heavy foot traffic throughout the day.

In case of households, vinyl floors are the ideal solution, since homes have high moisture content and these floors are water- and stain-resistant, giving them a long shelf-life compared to ordinary floorings. Another reason why homeowners prefer vinyl tiles is their affordability. For instance, vinyl tiles mimic the appearance of a ceramic floor, but are more pocket-friendly compared to actual ceramic tiles. Lastly, and most importantly, these floorings are easy to install and maintain, which is the central factor boosting their adoption in both residential and commercial settings.

Regional Insights: Flooring Market

Asia-Pacific to Hold Commanding Market Position; Europe to Present Lucrative Opportunities

With a market size of USD 185.4 billion in 2018, Asia-Pacific is well-poised to dominate the flooring market share during the forecast period. The primary reason for the region’s dominance is the aggressive investments made by governments in the region, mainly India and China, in infrastructure development.

Moreover, availability of home and personal loans in the region is also generating demand for expensive flooring solutions, thus driving the growth of the market.

In Europe, there is surging demand for vinyl floorings in non-residential buildings, which is fueling the market growth, while in Middle East and Africa initiation of large-scale construction projects is brightening market prospects.

Quick Buy – Flooring Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102740


Competitive Landscape: Flooring Industry

Launch of Sustainable Products to Excite Market Competition

The flooring market forecast suggests that the market is slated to enter a period of widespread excitement as many of the leading players are frequently introducing environment-friendly flooring solutions for customers. Through these launches, companies are solidifying their position in the market and diversifying their offerings.

List of Key Companies Covered in Flooring Market Report are:

  • Engineered Floors
  • Kajaria Ceramics
  • Invista
  • LG Hausys
  • Balta Industries
  • Victoria PLC
  • James Halstead
  • Congoleum
  • Toli Corporation
  • Interface
  • Forbo
  • TARKETT
  • Mohawk Industries
  • Nora Systems
  • Boa-Franc
  • Parador
  • Swiss Krono
  • Mannington Mills
  • The Dixie Group
  • Flowcrete
  • Milliken & Company
  • Beaulieu International
  • Armstrong Flooring
  • Shaw Industries Group, Inc.


Get your Customized Research Report: 
https://www.fortunebusinessinsights.com/enquiry/customization/flooring-market-102740

Industry Developments:

  • November 2019: Shaw Industries, the US-based carpet manufacturer, developed COMFOR3TTM, the company’s new soft flooring solution for places with heavy foot traffic. The covering is made from 60-80% recycled content, can be used multiple times, and is 100% recyclable. The sustainable solution is expected to deepen the company’s foothold in this market.
  • September 2019: Belgium-based Beaulieu International Group’s specialized division, Beaulieu Flooring Solutions, launched its novel latex-free carpet called Rewind. The product is made through a highly sustainable process, which involves no water usage and 83% less gas consumption. The purpose behind its launch is to make trade events and shows more eco-friendly.

More Trending Topics from Fortune Business Insights: 

Aerospace & Defense Materials Market to Hit USD 23,825.45 Mn by 2027; Development of Novel Composite Materials for Aircraft Components to Propel Market Growth: Fortune Business Insights™

Membranes Market to Reach USD 10,021.47 Million by 2027; Rising Application in Pharmaceutical & Biomedical Industry to Aid Growth: Fortune Business Insights™

Liquid Soap Market to Hit USD 28.79 Billion by 2027; Rising Preference for Various Fragranced-hygiene Products will Bolster Growth, says Fortune Business Insights™

Solid Waste Management Market Size Worth USD 366.52 Billion by 2027; Advent of Smart Waste Management Systems to Aid Growth, says Fortune Business Insights™

Flexitank Market to Rise at 13.7% CAGR till 2027; Increasing Investment in Development of Sustainable Products will Aid Growth, says Fortune Business Insights™

 

Categories
News Press Release

Industrial Fasteners Market – What will be the Short-term Impact of Coronavirus?

The global Industrial Fasteners Market size is projected to reach USD 121.02 billion by the end of 2026. The increasing industrialization will bode well for the companies operating in this market. According to a report published by Fortune Business Insights, titled “Industrial Fasteners Market Size, Share & Industry Analysis, By Material (Metal Fasteners, and Plastic Fasteners), By Product (Externally Threaded, Internally Threaded, Non-Threaded, and Aerospace Grade), By Application (Automotive, Aerospace, Building & Construction, Industrial Machinery, Home Appliances, Lawns & Gardens, Motors & Pumps, Furniture, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 80.36 billion in 2018 and will exhibit a CAGR of 5.3% during the forecast period, 2019-2026.

Worldwide COVID-19 Impact Analysis:

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

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


To Get Short-Term and Long-Term Impact Of COVID-19 on This Market.

Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/industrial-fasteners-market-102732

Industrial fasteners are used in construction and assemble processes across several industry verticals. The product is similar to bolts, but possesses much better properties. It has corrosion resistance, a primary reason why it is preferred over its alternatives. The rapidly rising industrialization will create several opportunities for the growth of the market in the coming years. The increasing building and construction activities will fuel the demand for the product, subsequently aiding the growth of the overall market.

Variations in product offerings have allowed applications in diverse industries. The growing demand for the product has attracted several large scale investors and numerous market entrants. The ease of availability of material used in manufacture of industrial fasteners will emerge in favor of market growth. Moreover, factors such as cost-effectivity and product durability as well as increased reliability will contribute to the growth of the overall market in the forthcoming years.

Increasing Number of Company Collaborations Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and collaborations has made the highest impact on the growth of the market. In June 2019, TriMas Aerospace announced that it has entered into a strategic partnership with Safran and Sonaca. Through this collaboration, the company will look to expand its global customer base and subsequently boost its businesses across the world.

The company also plans to increase its production capacity of blind fasteners, thereby strengthening its footprint in the market. Trimas’ collaboration with Safran and Sonaca will not just benefit the companies, but will also influence the growth of the overall market in the forthcoming years. The report includes a few of the other factors that have influenced the growth of the market in recent years.

Quick Buy – Industrial Fasteners Market Research Report: 

https://www.fortunebusinessinsights.com/checkout-page/102732

Asia Pacific Held the Highest Market Share; Presence of Several Large Scale Companies to Aid Growth

The report analyzes the ongoing industrial fasteners market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific currently holds the highest industrial fasteners market share. The increasing rapidly rising industrialization, coupled with the increasing building and construction activities in several countries such as India, China, and Japan will aid the growth of the regional market.

Besides Asia Pacific, the market in North America will also witness considerable growth in the coming years driven by increasing demand for the product across diverse industries. The presence of several large scale companies has emerged in favor of the growth of the regional market. As of 2018, the market in North America was worth USD 20,695.1 million and this value is likely to increase further in the coming years.

List of the Key Companies Operating in the Industrial Fasteners Market are:

  • Arconic
  • ATF Inc.
  • Nifco
  • MW Industries, Inc. (MWI)
  • LISI Group – Link Solutions for Industry
  • Sesco Industries, Inc.
  • Birmingham Fastener and Supply Inc.
  • BPF
  • Elgin Fastener Group
  • Eastwood Manufacturing
  • Other Key Players


Industry Developments:

December 2019: Shimtech Industries announced that it has completed the acquisition of Fastener Technology Corp.,. The company is a supplier of specialty high strength fasteners.


Get your Customized Research Report: 

https://www.fortunebusinessinsights.com/enquiry/customization/industrial-fasteners-market-102732

More Trending Topics from Fortune Business Insights: 

Tobacco Packaging Market to Hit USD 20.45 Billion by 2027; Rising Popularity of Smokeless Tobacco will Add Impetus to Market, says Fortune Business Insights™

Carbon Dioxide Market to Reach 12.15 Billion by 2027; Extraction of Crude Oil and Natural Gas to Stimulate Growth, states Fortune Business Insights™

Liquid Laundry Detergent Market to Reach USD 33.24 Billion by 2027; Introduction of Attack ZERO by Kao to Brighten Growth Possibilities, states Fortune Business Insights™

Cross Laminated Timber Market to Rise at 13.7% CAGR till 2027; Product Applications across Diverse Industry Verticals Will Aid Growth, says Fortune Business Insights™

Agro Textiles Market to Hit USD 13,458.7 Million by 2027; Promising Advancements in Agricultural Technologies to Boost Market Growth: Fortune Business Insights™

 

Categories
News Press Release

Coronavirus Outbreak: Flame Retardant Chemicals Market Fights Back with Well-defined Business Strategies

Fortune Business Insights™ in a report, titled “Flame Retardant Chemicals Market Size, Share & Industry Analysis, By Type (Brominated Flame Retardants, Chlorinated Flame Retardants, Antimony Oxide, Aluminium Hydrates, Phosphorous Flame Retardants, Others), By End-Use Industry (Construction, Electrical & Electronics, Textiles, Automotive & Transportation, Others) and Regional Forecast, 2019-2026” the growing demand from the electrical & electronics end-use industry is expected to create lucrative growth opportunities for the market in the Forthcoming years.

The increasing demand for resistant materials, especially from the construction industry, is a key factor driving the global flame retardant chemicals market,

Request a Sample Copy of the Global Flame Retardant Chemicals Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/flame-retardant-chemicals-market-101721

List of Best companies that are operating in the Global Flame Retardant Chemicals Market are 

  • Laxness
  • Schulman Inc.
  • Adeka Corporation
  • Albemarle Corp
  • Buckman Laboratories International Inc
  • Campine NV
  • Clariant AG
  • Daihachi Chemical Industry Co Ltd
  • DIC Corporation
  • Huber Engineered Materials
  • ICL Industrial Products.

According to the report, the flame retardant chemicals market based on type is divided into flame retardants, chlorinated flame retardants, antimony oxide, aluminum trihydrate, phosphorus flame retardants, and others. The increasing demand for aluminum trihydrates from the construction industry is predicted to aid the flame retardant chemicals market growth.

Phosphorous flame retardant is the most commonly used chemicals for the protection of plastics based materials. Furthermore, the growing demand for the brominated flame retardants is expected to boost the flame retardant chemicals market trends. The construction segment is expected to dominate owing to the increasing demand for fire-resistant building materials from the construction industry.

The report is created after extensive research and analysis. Factors that influence the market growth of a particular segment and product type are mentioned in detail. An in-depth study of the global flame retardant chemicals market trends to help companies, stakeholders, and investors understand various applications and features of the product. Readers looking for scope of growth with respect to product categories can get all the desired information over here, along with supporting figures and facts.

Announcement for New Credit Facility by Lanxess to Boost Growth Prospects

Lanxess, a German specialty chemicals company based in Cologne, signed for a sustainable credit facility of €1 billion to fulfill ESG (Environment, Social & Governance) criteria. The agreement of a new credit facility, featuring  12 banks that will help in the reduction of greenhouse emissions. The new credit facility has an initial term of five years and two options for one-year extensions. Furthermore, the company declared it will eradicate the greenhouse gas emissions of currently around 3.2 million metric tons of CO2 by 2040. The launch of the new facility is expected to augur well for the flame retardant chemicals market growth in the foreseeable future.

Furthermore, the award won by project partners Clariant and GETEC is expected to create sales opportunities for the market in the foreseeable future. For instance, in November 2019, the project partners Clariant and GETEC won the highly prestigious Energy Efficiency Award from the German Energy Agency (dena) in the category “Concepts for “increasing energy efficiency.”  The prize was awarded for the efficient energy solution in a joint project in Podari, Romania. The joint project includes the construction of commercial-scale bioethanol production plant by Clariant.

SCHULMAN’s Merger with LyondellBasell to Enhance Market Potential

Schulman, Inc., an American company, dealing in plastic compounding products, color concentrates, and additives announced the merger agreement with LyondellBasell. The agreement includes the approval of A. Schulman stockholders for LyondellBasell Industries N.V. to obtain all of the outstanding shares of A. Schulman common stock. The merger between the two companies is predicted to facilitate the global flame retardant chemicals market growth during the forecast period.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/flame-retardant-chemicals-market-101721

Major Segments Includes:

 By Type

  • Brominated Flame Retardants
  • Chlorinated Flame Retardants
  • Antimony Oxide
  • Aluminium Hydrates
  • Phosphorous Flame Retardants
  • Others

By End-Use Industry

  • Construction
  • Electrical & Electronics
  • Textiles
  • Automotive & Transportation
  • Others

By Geography

Technological Advancements to Create Growth Opportunities in North America

Asia Pacific is expected to grow significantly during the forecast period owing to rising demand from the packaging and textile industries, mainly in countries such as China, India, Japan. Furthermore, the growing population and improving lifestyle is likely to contribute positively to the flame retardant chemicals market share. In North America, technological advancement and rising production capabilities will bode well for the market in the region. Latin America and Africa is expected to grow considerably during the forecast period due to increasing demand from various end-use industries.

Browse More Trending Topics from Fortune Business Insights™ :

Flooring Market Global Size, Industry Share, Growth Opportunities to 2026

Fly Ash Market Analysis Growth Dynamics in 2020 Size, Share Analysis to 2026

3D Printing Materials Industry Share Globally Expected To Drive Growth Through 2026