Composites Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global Composites Market Size is expected to reach USD 163.23 billion by 2026, exhibit a CAGR of 7.26% during the forecast period. The market size stood at USD 93.68 billion in 2018.

The global Composites market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Drivers & Restraints-

Ability to Fulfil Changing Consumer Demand to Aid Growth

Composites are considered to be global entities that help in fulfilling the growing demand of the consumers for a wide range of unique composite structures, design patterns, and highly engineered parts. The market is capable of serving numerous highly vertical industries, such as wind power, consumer goods, marine, aerospace, and automotive. These industries use Composites as per their cost thresholds, consumer demand, regulations, and part performance requirements. In the aerospace industry, for instance, the process technology, cost, and material vary greatly, as compared to the automotive industry. Being diverse materials, Composites can be adopted in a large number of applications. They are very durable, lightweight, stiff, and robust. However, the strict environmental legislation and rules may obstruct the Composites market growth in the near future.

Browse Summary of this Research Report:
https://www.fortunebusinessinsights.com/Composites-market-102295 

Fortune Business Insights™ lists out the names of all the Composites manufacturers operating in the global market. They are as follows:

• Huntsman International LLC.
• Owens Corning
• Teijin Limited
• Hexcel Corporation
• Toray Industries, Inc.
• Composite Solutions
• Mitsubishi Chemical Holdings Corporation
• Exel Group
• SGL Carbon
• Veplas D.D.
• Solvay
• Others

Segment-

Need to Lower Weight of Vehicles to Drive Growth of Automotive Segment

In terms of application, the market is grouped into defence & aviation, maritime, wind power, consumer goods, pipes & tanks manufacturing, electrical & electronics goods, building & construction, automotive, and others. Out of these, the automotive segment held 28.78% Composites market share in 2018. This growth is attributable to the increasing usage of Composites in the industry to lower the weight of the vehicles.

Regional Analysis-

Asia Pacific to Lead Stoked by the Presence of Numerous Industry Giants  

Asia Pacific is expected to dominate the market throughout the forthcoming years backed by the rising demand for Composites from well-developed industries, such as electrical & electronics, automotive & transportation, building & construction, and aerospace. Apart from that, the rapid urbanization in several countries in this region is opening doors to opportunities for industry giants, such as Mitsubishi and Toray. These companies are opening their offices in Asia Pacific. North America, on the other hand, procured USD 27.61 billion revenue in 2018. It is anticipated to remain in the second position owing to the high demand from the aerospace and defense industry.

Sports Drink Market Trends, Business Opportunities, Challenges, Size, Share, Growth Insights to 2026

The Global Sports Drink Market Size is predicted to reach USD 32.61 billion by 2026, exhibiting a CAGR of 4.2% during the forecast period. The growing number of health-conscious consumers around the world will consequently aid the Sports Drink Market growth in the forthcoming years. Furthermore, the growing number of athletes and sports persons will also encourage the growth of the market in the forthcoming years. According to the National Collegiate Athletic Association (NCAA), the number of NCAA athletes stretched high. In 2017-18 approximately 494,992 students participated in NCAA championship sports, which was an increase of more than 3,000 since 2016-17. 

Furthermore, the growing focus of males and females towards sports activities will have a positive impact on the sports drink market revenue. For instance, the number of men’s teams nationwide increased by 62 from the past years, while women’s teams increased by 64. Women’s teams have outnumbered men’s teams since 1996-97.

List of the Major Companies Operating in the Global Sports Drink Market Include:

• PepsiCo
• The Coca-Cola Company
• BA Sports Nutrition
• AJE group
• Britvic PLC.
• MyDrink Beverages
• Kraft Heinz Company
• Nestle SA
• GlaxoSmithKline plc.
• Abbott Nutrition co

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here: https://www.fortunebusinessinsights.com/sports-drink-market-102083

Launch of Gatorade by BOLT24 to Augment Growth Process

Gatorade, an American manufacturer of sports-themed beverage and food products, announced the unveiling of BOLT24. The company’s new sports drink is a low-calorie electrolyte beverage, as the Bolt24 contains no artificial flavors or sweeteners and is aimed for athletes to keep them hydrated around the clock. The announcement for the new drink by the company is expected to fuel demand among athletes owing to the natural and organic content of the drink, which in turn will facilitate the Sports Drink Market share. Furthermore, Gatorade’s senior vice president, Brett O’Brien, said in a statement, the drink is sea salt and watermelon based, something else that distinguishes it from other Gatorade products. He further added the new drink would allow the company “to think about athletes in a whole different way.” In addition, the rising R&D investments by key players for the development of innovative sports drinks aimed at athletes will enable healthy growth of the market, sates our lead analysts at Fortune Business Insights™

Rising Demand for Sports Drinks to Boost Market Prospects in North America

The market in North America stood at USD 7.90 billion in 2018 and is expected to remain dominant during the forecast period due to the increasingly health-conscious population in the region. For instance, in 2018, approximately 55% of the American population lived a healthier lifestyle.

Furthermore, the rising demand for sports drinks in the U.S due to the presence of major players such as Gatorade, PowerAde, and BodyArmor will further influence the Sports Drink Market trends in North America. Asia Pacific is expected to witness a high demand for sports drinks in the forthcoming owing to the rising disposable income in developing countries such as India, China, and, Japan. In addition, an increasing number of health-conscious consumers will impel companies to introduce new sports drinks, which in turn will boost the sports drink market share by brand.

Window Films Market Growth Drivers, Size, Industry Revenue, Business Forecast to 2026

A report published by Fortune Business Insights™ titled, “Global Window Films Market Size, Share & Industry Analysis, By Type (Sun Control Films, Decorative Film, Safety & Security Film, Privacy Film, and Others), By Application (Automotive, Building & Construction, (Residential and Commercial), Marine and Others), and Regional Forecast, 2019-2026,” provides a detailed analysis of the market and its prime growth trajectories.

As per this report, the market was valued at USD 2.31 billion in 2018. Additionally, the report provides a comprehensive overview of the market listing major factors such as drivers, restraints, trends, and opportunities to help players invest accordingly. The report also lists the various segments of the market and the names of market players, accompanied by the prime strategies adopted by them. For more information on the report, log on to the company website.

The global window film market size is anticipated to reach USD 3.7 billion by 2026, exhibiting a CAGR of 6.09% during the forecast duration 2019-2026, owing to the rising demand from the building and construction industry worldwide. Window films are applied to the interior surface of windows in home settings, vehicles, and commercial buildings. They help to reduce the entry of solar heat into vehicles or houses further helping to maintain the overall interior temperature and avoid hot spots. Such advantages provided by these films are likely to spur demand for window films, thus promoting the window film market trends.

Protection from UV Rays to Help Market Gain Impetus

The increasing demand for energy-efficient buildings on account of the limited availability of resources is an important factor augmenting the window films market growth. Besides this, the increasing levels of environmental hazards such as global warming and outcomes such as climate changes have also propelled people to opt for remedies that will block the entry of ultraviolet rays of the sun from entering into homes and commercial spaces. Window films help in reducing the total heat energy and CO2 absorbed by windows in a room and are ultimately anticipated to increase the overall window films market revenue during the forecast period. Additionally, the rising demand for decorative window films from the automotive industry, is also expected to boost the overall window films market growth.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.fortunebusinessinsights.com/window-film-market-102081

List of Best Players Operating in Window Films Market Manufacturers include;

• Eastman Chemical Company
• Madico Inc.
• Solar Gard Performance Plastics
• Armolan Window Film
• Jupiter International
• 3M Company
• American Standard Window Film
• Hanita Coatings
• Toray Plastics (America) Inc.
• Reflectiv
• Others

Asia Pacific to Show Significant Growth on Account of Rise in Building Activities

From a geographical perspective, Asia Pacific is holding a dominant window film market share on account of the increasing building and construction activities. Increasing building activities for various sectors such as banks, schools, colleges, hospitals, and others have also helped this region attract high window films market revenue. Nations such as India and China are facing rapid improvement based on infrastructural development with the complete support of central governments. China is the largest producer of window films in the world and this is further attributed to the dominant window films market share of Asia Pacific.

On the other side, North America will show prominent growth in the market on account of the demand for solar control films for use in vehicles. In 2018, North America earned USD 762.51 million.

Cellulose Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global cellulose market size is projected to reach USD 305.08 billion by the end of 2026. Market was worth USD 219.53 billion in 2018 and will exhibit a CAGR of 4.2% during the forecast period, 2019-2026.

Cellulose is a pulp that is derived from plant sources. The substance possesses exceptional properties such as its hydrophile nature, good mechanical performance, and hygroscopic nature. These properties have led to applications across diverse industries, including chemical, textile, and food and beverages.

Recent advancements in fabrication technologies have opened up a huge potential for the growth of the companies operating in this market. The shift of preference from petroleum-based products to sustainable resources will contribute to the growing demand for cellulose across the world. Moreover, the availability of cellulose-originating products will lead to wider product adoption, subsequently aiding the growth of the Cellulose Market in the coming years.

List of the leading companies that are operating in the global Cellulose Market are:

• Daicel Corporation
• Sigma Aldrich
• DuPont De Nemours Company
• Akzo Nobel
• Ashland inc.
• Celanese Corporation 
• International Paper
• Fulida Group Holding Co., Ltd.
• Nylstar S.L. 
• FiberVisions Corporation
• Invista
• Bracell
• Sigachi Industries Pvt. Ltd.
• FMC Biopolymer
• Eastman Chemical Company
• Rayonier Inc.
• Lenzing AG

Browse Summary of 150 Pages Premium Research Report Enabled with Detailed TOC, Tables and Figures: https://www.fortunebusinessinsights.com/cellulose-market-102062

The report provides an in-depth analysis of the global cellulose industry. It highlights the latest product launches and labels major innovations in the market. In addition to this, it states the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years. Forecast values have been provided for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals.

Increasing Number of Company Collaborations to Aid Growth

The report encompasses several factors that have constituted an increase in the Cellulose Market size in recent years. It has been observed that company collaborations are a growing trend among major companies across the world. In January 2020, The Anhui Guozhen Group announced that it has initiated a joint venture with Chemtex. The company plans to establish a large scale commercial plant in China for the production of cellulosic ethanol. The ethanol production will be centred around residues that are normally obtained from the agriculture industry. The plant will have an annual production capacity of 50 KT. Such a huge venture will not only benefit the country but will also have a direct impact on the growth of the overall Cellulose Market in the coming years.

Asia Pacific Accounts for a Dominating Market Share; Increasing Product Demand Across Diverse Industries to Aid Growth

The market is segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, Asia Pacific currently accounts for the highest Cellulose Market share. The widespread product applications across diverse industries, and the subsequent rise in the demand for these products will have a direct impact on the growth of the market in this region. 

Automotive Plastics Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The Global Automotive Plastics Market size is prognosticated to reach USD 59.95 billion by 2026, with a CAGR of 5.6 % within the forecast period, 2019 to 2026.  The market value was USD 38.80 Billion in 2018.

List of best companies mentioned in Automotive Plastics Industry research report includes;

• Arkema SA
• BASF SE
• Borealis AG
• DuPont
• DSM Engineering
• Evonik Industries AG
• ExxonMobil Corporation
• LANXESS
• LG Chem
• LyondellBasell
• SABIC
• Covestro AG
• Arkal Automotive
• Other Players

The report on the automotive polymers market is based on qualitative and quantitative analysis of the market. It mainly emphasizes on market dynamics such as growth drivers, restraints, key industry developments, interesting insights, and other Automotive Plastics Market trends.

Gain More Insights into the Automotive Plastics Market Research Report: https://www.fortunebusinessinsights.com/automotive-plastics-market-102023

Besides this, the report provides additional information such as regulatory approvals, segmentation of the market and the names of leading segments. List of significant players and the key strategies adopted by them is also provided in the report that will not only help players compete for the top position in the market competition but also attract high Automotive Plastics Market revenue in the forthcoming years.

Increasing Popularity of Polymer Paints to Driver Market

The increasing demand for lightweight vehicles is a major factor promoting the Automotive Plastics Market growth. Lightweight vehicles will comprise of parts made out of plastic instead of metal or steel. Strict rules are imposed by governments of various nations to control greenhouse gas emissions, and this is anticipated to help increase the automotive polymers market size in the years to come. Besides this, the rise in the popularity of electric vehicles is expected to help increase the automotive polymers market size in the forecast period.

The strong, flexible, and rigid nature of components made out of plastic is apt for use in automobiles. Thus, the rise in the use of polymers for manufacturing automotive parts is influencing the Automotive Plastics Market positively. This, coupled with the increasing demand for recyclable plastics from the packaging industry will help increase the overall Automotive Plastics Market size in the forecast duration. Furthermore, the rising popularity of automobile paints and dyes made out of plastic that guarantees resistance to abrasion is likely to attract high automotive polymers market revenue in the forecast duration.

Asia Pacific to Continue Dominance with Presence of Large Manufacturers 

Geographically, Asia Pacific held the largest automotive polymers market share in 2018 on account of the presence of the two largest automotive manufacturing nations namely India, and China. Besides this, raw materials required for producing automobile components are available at low rates and this increases the number of automobile production without any financial hurdles.

The factor mentioned above is further anticipated to help this region continue dominating the market in the forecast period as well. On the other side, North America market will witness significant growth with the U.S. leading the region on account of surge in demand for automotive plastics. This is further attributed to the properties of polymers such as corrosion inhibition, low density, excellent heat resistance, and others. In 2018, this region generated USD 5.68 billion in automotive polymers market share.

Bioplastics Market Business Opportunities, Growth Insights, Trends, Size to 2026

Global Bioplastics Market Growth will exhibit a CAGR of 16.2% and reach USD 19.93 billion by 2026. The forecast period is set from 2019 to 2026, and the market value as per 2018 was USD 6.04 billion.

Fortune Business Insights™ published a premium research report titled, “Bioplastics Market size, Share & Industry Analysis, By Type (Biodegradable and Non-biodegradable), By Application (Rigid Packaging, Flexible Packaging, Textiles, Automotive & Transportation, Agriculture & Horticulture, Consumer Goods, and Others), and Regional Forecast, 2019-2026,” offers a detailed analysis of the market and throws light on major industry developments.

Bioplastics Market Drivers and Restraints

A major Bioplastics Market growth driver is the increasing environmental concerns related to the use of plastic and its harmful effects. This, followed by the rise in demand for alternatives for plastics, is expected to help increase the overall Bioplastics Market size in the forecast period. Besides this, the increasing demand for bioplastics from industries such as pharmaceutical companies and food industries is anticipated to help attract high Bioplastics Market revenues in the forecast period. This is owing to the rise in demand for ready-to-eat food products that require safe packaging materials with low environmental impact.

According to the current Bioplastics Market trend, the market is dominated by the rigid packaging segment with respect to applications. This is on account of high demand from shipping companies that demand sustainable yet sturdy packaging products fit for carrying a heavy load.

Report Highlights

• A 360-degree overview of the market
• Factors boosting, retracting, challenging and providing opportunities to the market
• Key industry developments and interesting insights related to Bioplastics Market
• List of key vendors in the market and prime strategies
• Other Bioplastics Market trends

To gain more insights into the market with a detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940

List of Top Key Players in Bioplastics Market research report include;

• Kaneka Takasago
• Taghleef Industries
• Genecis
• Braskem
• BASF
• Toray
• Roquette
• Succinity GmbH
• NatureWorks
• Solvay
• Danimer Scientific
• Trifilon
• Biofase
• Bioapply
• Lyondellbasell
• Avantium
• PTT MCC biochem
• Total Corbion NV
• LCY biosciences
• Matrica
• Novamont S.p.A.
• Other Players

Presence of Robust Automotive Industry to aid in the Expansion of Europe Market

Geographically, the global Bioplastics Market is dominated by Europe holding about 19% Bioplastics Market share. This percentage is anticipated to reach 25% by the end of 2022 on account of suitable policies adopted by the European state members of France and Italy. Moreover, the presence of a robust automotive industry demanding lightweight vehicles and a rise in demand for bioplastics used for packaging products are further anticipated to help this region continue dominance in the coming years.

On the other side, the European Bioplastics 2018 report states that 56% of the overall production of bioplastic was from Asia Pacific. The Asia Pacific Bioplastics Market growth is attributable to a new foreign investment law imposed by the Chinese government effective from January 2020. The immensely multiplying packaging industry demands are further expected to help augment the Bioplastics Market growth in the coming years.

Ceramics Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026

The global ceramics market is set to gain impetus from their rising utilization in various applications because of their possession of beneficial properties. They have low thermal and electrical conductivity, high melting temperatures, and chemical inertness.

The global Ceramics Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

This Report Focuses on the Following Aspects:

• Elaborative data regarding the factors that are likely to affect the market growth in the coming years.
• Accurate predictions on the upcoming changes and trends in consumer behaviour.
• Precise estimation of the size and CAGR of the market.
• Extensive analysis of the ceramics vendors and the vital strategies adopted by them to increase sales.

Drivers & Restraints- Ceramics Market

Rising Demand for Ceramics from Automotive & Medical Industries to Boost Growth

Ceramics are mainly used in the building & construction industry to produce sanitary wares, bricks & pipes, and tiles. It is one of the most preferred materials in this industry because of its characteristics, such as chemical inertness, electrical resistance, hardness, and toughness. Apart from this, the demand for ceramics is rising at a fast pace from the automotive and medical industries. They are used to make mechanical and electrical components, catalytic converter substrates, and sensors in the automotive industry. In the medical industry, it is used to reconstruct fractured bones, replace tooth, and in surgical bone implants. These factors are expected to accelerate the ceramics market growth.

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/industry-reports/ceramics-market-101916

Fortune Business Insights™ lists out the names of all the manufacturers operating in the global Ceramics Market. They are as follows:

• Blasch Precision Ceramics, Inc.
• Kyocera Corp.
• Rauschert GmbH
• Corning Inc.
• Materion Corporation
• Murata Manufacturing Co. Ltd.
• Momentive Performance Materials Inc.
• Morgan Advanced Materials
• McDanel Advanced Ceramic Technologies
• CoorsTek
• Imerys Ceramics
• 3M
• CeramTec
• Applied Ceramics Inc.
• Saint Gobain
• Other key players

Usage of Advanced Technology to Favor Growth in North America

In 2018, North America generated USD 18.65 billion in terms of revenue. The market in this region would expand considerably in the coming years fueled by the ongoing technological advancements, such as nanotechnology and 3D printing. These are rapidly adopted by various manufacturers present in this region. Such innovative techniques would help in developing customized implants for the patients and thereby, surge the value of the products.

Asia Pacific, on the other hand, is anticipated to exhibit significant growth throughout the forecast period stoked by the rising development of infrastructure in this region. Apart from that, the increasing popularity and usage of ceramics owing to the presence of favorable government policies would boost growth. The governments of China and India, for instance, are implementing stringent laws to increase medical tourism and to enhance sanitation in these countries. Coupled with this, the availability of cost-effective raw materials in this region would drive growth.

Nylon Market Business Opportunities, Growth Insights, Trends, Size to 2026

Global Nylon Market size was valued at USD 23.64 Billion in 2018 and is expected to reach USD 30.77 Billion by 2026, exhibiting a CAGR of 3.3% during the forecast period 2019-2026

The Global Nylon Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

List of Best Companies in the Nylon Market Include;

• DuPont
• BASF SE
• Lanxess AG
• Nylon Corporation of America, Inc. (NYCOA)
• Shenma Industrial
• Ascend
• Domo Chemicals
• Radici Partecipazioni SpA
• Invista
• DSM
• Formosa Group
• SINOPEC
• Ube Industries
• LIBOLON
• ZIG SHENG INDUSTRIAL CO., LTD
• Other

Browse Complete Summary of a Premium Report Enabled with 135 Pages, TOC, Tables & Figures: https://www.fortunebusinessinsights.com/nylon-market-102007

With the surge in water sport activities, such as kite surfing, supping, scuba and kayaking, the production of nylon will increase. As nylon is essential in the manufacturing of water sports products, the initiatives by companies to recycle nylon and launch products will certainly be an imperative factor in boosting the Nylon Market share in the forthcoming years, states lead analysts at Fortune Business Insights. For instance, Fatface, Brit-based swimwear Brand, has launched a new sustainable swimwear range with Mipan regen fiber from Hyosung, made from recycled nylon, and significantly reduces energy consumption. This eco-friendly product has acquired Control Union’s Global Recycle Standard (GRS) certification.

The Nylon Market report focuses on demonstrating a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.

INVISTA’s Plan to Escalate Nylon 6, 6 Capacity will Augment Healthy Growth

INVISTA, a major producer of fiber, resin, intermediates and nylon, and other polymeric materials headquartered in the United States, announced to add 40 kilotons of Nylon 6, 6 by 2020 at its facility in Shanghai Chemical Industry Park (SCIP), China. The production is due in 2020. The key development of the company towards building a large capacity and production for nylon 6,6 will create new sales opportunities for the market in the forthcoming years.

Chromium Oxide Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026a

The global chromium oxide market size is set to touch USD 703.3 million by 2026, exhibiting a 4.6% CAGR during the forecast period. Rising steel production will be the key factor driving the global Chromium Oxide Market growth during the forecast period. Steel production is one of the core economic activities for any country and steel is extensively used in a variety of industries such as automotive and construction. 

Besides this, the report also provides an in-depth evaluation and analysis of the different dynamics and aspects that will influence the development of the market during the forecast period.

Economic development across the globe has further raised the demand for steel, leading to a constant rise in its production. According to the World Steel Association (WSA), the steel industry accounts for close to USD 2.9 trillion in terms of value addition. The WSA has further reported that compared to 2017, in 2018, steel production rose by 4.6%, with Asia recording the highest growth. Chromium oxide is a crucial compound in the production of steel and increasing activities in the steel industry will likely raise the global chromium oxide market demand in the forecast period.

Chromium is a hard metal that occurs in steel-gray color. It is used in alloys to increase corrosion resistance and strength of the material. Chromium oxide is an important oxygen compound of chromium, prepared when sodium dichromate is calcified in the presence of Sulphur or carbon. The compound is green in color in its powder form.

Chromium Oxide Market Players like:

• LANXESS,
• ELEMENTIS,
• Luoyang Zhengjie, and
• Hebei Chromate Chemical
• ELEMENTIS
• MidUral Group
• Vishnu Chemicals Ltd.
• Venator
• Sichuan Yinhe Chemicals
• Hebei Chromate Chemical Co. Ltd.
• NIPPON CHEMICAL INDUSTRIAL CO., LTD.
• Other Players

Browse Complete Report details with Table of Content and Figures: https://www.fortunebusinessinsights.com/industry-reports/chromium-oxide-market-101579

Accelerating Urbanization to Propel the Market

According to the UN Department of Economic and Social Affairs, by 2050, 68% of the world’s population will be living in urban areas. They estimate that urban areas could see an influx of close to 2.5 billion people by 2050, with 90% of this addition happening in Asia and Africa. Moreover, the World Health Organization (WHO) projects that between 2020 and 2025, the global urban population will increase at a rate of 1.63% per year and between 2025 and 2030, the increase will be of 1.44% annually. Rapid rise in urbanization is increasing and intensifying construction activities in residential and commercial spaces. This has given a boost to steel production, which, in turn, has the raised the demand for chromium oxide. This compound of chromium plays a vital role in manufacturing stainless steel as the chromium coating on the steel reacts with the oxygen outside and prevents corrosion of the alloy. In construction, stainless steel provides strength and support to the structure and ensures its long life. Therefore, expansion of the construction industry will favor the expansion of the global Chromium Oxide Market size till 2026.

Sports Footwear Market Growth, Size, Share, Trends, and Business Opportunities to 2026

The Global Sports Footwear Market size is projected to reach USD 142.40 billion by 2026, and will rise at a CAGR of 4.8 % from 2019 to 2026. The market value was USD 98.70 billion in 2018.

The Global Sports Footwear Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Attributable to the rising prevalence of sports culture. Sports footwear is mainly designed for any physical exercise or sports activities. Sports footwear are highly preferred due to their physical properties such as motion control or torsional stability, flexibility, and others. Such benefits have increased the demand for sports shoes in the market worldwide.

The report on the Sports Footwear Market offers a comprehensive overview of the market and its growth parameters such as drivers, restraints, and challenges. It also focuses on major industry developments and key insights into the market. The report presents a detailed segmentation of the market based on factors such as gender, end-user, distribution channel, and regions. Besides this, the report lists the names of players operating in the market and the key strategies adopted by them to compete for the top position in the market. Furthermore, the report lists the current Sports Footwear Market trends and opportunities.

List of best manufacturers in the Sports Footwear Market are mentioned below;

• ASICS
• Nike Inc.
• Diadora S.p.A.
• Adidas Group
• Puma SE
• Converse
• Reebok
• MIZUNO Corporation
• Sketchers, USA Inc.
• Armor Inc.

Gain More Insights into the Sports Footwear Market Research Report: https://www.fortunebusinessinsights.com/toc/sports-footwear-market-102216

Major Growth Drivers:

Increasing Inclination Towards Physical Fitness Will Promote Growth

The rise in participation in sports activities worldwide is a major factor promoting the Sports Footwear Market growth. This, coupled with the increasing number of people suffering from health issues due to the adoption of a sedentary lifestyle, is propelling the need for physical fitness and exercises daily. Such factors are likely to increase the demand for sports shoes worldwide, thereby accelerating the rate of growth for the sports shoes market.

Moreover, governments of various nations are encouraging sports and recreational activities at schools and college levels. They are organizing various sports championships at district, state, and national levels to provide an opportunity for sports enthusiasts and boost the spirit of sports among youth.  For instance, the Government of India is investing in programs for supporting the youth and encouraging them to participate in sports activities by organizing various platforms such as ‘Khelo India’, and others. To cite another example, Maharashtra bagged the trophy at Khelo India 2019 games. There was active participation of 10k pupils and 5,925 athletes.