Textile Chemicals Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2027

The global textile chemicals market size is projected to reach USD 26.97 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of the growth of the market. According to a report published by Fortune Business Insights, titled “Textile Chemicals Market Size, Share & Industry Analysis, By Product Type (Coating & Sizing Chemicals, Colorant & Auxiliaries, Finishing Agents, Surfactants, De-sizing Agents and Others), By Application (Apparel, Home Furnishing and Technical Textiles) and Regional Forecast, 2019-2027,” the market was worth USD 20.67 billion in 2019 and will exhibit a CAGR of 3.5% during the forecast period, 2019-2027.

Textile chemicals are products that are used in the treatment of textile material at various stages in the manufacturing process. The product plays an important role in obtaining favorable textile properties. The rising applications of textile chemicals across diverse industry verticals will emerge in favor of the growth of the overall market in the forthcoming years. The massive investments in the development of efficient textile chemicals by major companies across the world will contribute to the growth of the market. Accounting to the rising awareness regarding the use of harmful chemicals and their adverse effects on the quality and durability of textiles, there is an increasing demand for green textile chemicals across the world. The increasing R&D activities will play a crucial role in the development of green textile chemicals in the coming years.

Cost-reduction Needs have put Innovations to the Fore

The report encompasses several factors that have contributed to the growth of the overall textile chemicals market in recent years. Among all factors, the increasing number of product innovations driven by rising need for low-cost products will have a huge impact on the growth of the market. Several companies are focusing on manufacturing methods with the view to minimizing the total product cost. In October 2019, Huntsman Corporation, a leading textile chemical manufacturer, announced that it has launched a new dyeing auxiliary that will save the total cost of polyester dyeing. The company introduced ‘Eriopon E-3 SAVE’ dyeing; a product with the ability to shorten the dyeing cycle of the polyester. The product will combine pre-sourcing, reduction, and dyeing in a single bath. This will significantly reduce the time as well as the cost associated with the product. Huntsman’s latest product is not the only progress that the company has made and recent activities will help the company gain a formidable stand in the market.

Gain More Insights into Ready-Mix Concrete Industry Research Report: https://www.fortunebusinessinsights.com/textile-chemicals-market-103284

List of companies profiled in the report:

• Archroma (Switzerland)
• Huntsman Corporation (USA)
• DIC Corporation (Japan)
• Kiri Industries Ltd. (India)
• Covestro AG (Germany)
• Omnova Solutions Inc. (USA)
• Lubrizol Corporation (USA)
• Solvay S.A. (Belgium)
• Evonik Industries (Germany)
• Tanatext Chemicals (Netherlands)
• Rudolf GmbH (Germany)
• NICCA Chemical Co. Ltd. (Japan)
• Kemin Industries Inc. (USA)
• JINTEX Ltd. (Taiwan)
• Sarex Chemicals (India)

Asia Pacific Likely to Emerge Dominant; Presence of Major Textile Manufacturers will Bode well for Market Growth

The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. Asia Pacific is the hub for leading textile manufacturers. The region is home to companies such as DIC Corporation, Sarex Chemicals, and Kiri Industries. The favorable climatic conditions have led to an ease of availability of raw materials in several countries across this region. As of 2019, the market in Asia Pacific was worth 1.54 billion and this value is projected to increase at a considerable pace in the coming years.

The market in North America will rise considerably driven by the rise of the textile industry in this region. The country is constantly engaging in developing efficient textile apparels for use in the defense sector as well as the healthcare industry.

Ready-Mix Concrete Market Trends, Business Opportunities, Challenges, Size, Share, Growth Insights to 2027

The global ready-mix concrete market size is expected to gain traction from the crucial efforts undertaken by prominent manufacturers to curb the emissions of greenhouse gases (GHG). To do so, they are frequently surging the percentage of additives in ready-mix concrete, such as slag or fly ash for improving energy efficiency and reducing the consumption of ordinary Portland cement. This information is given by Fortune Business Insights™ in a recent report, titled, “Ready-Mix Concrete Market Size, Share & Industry Analysis, By Application (Residential, Commercial, Infrastructure, and Others), and Regional Forecast, 2020-2027.” The report further mentions that this market size was USD 633.4 billion in 2019 and is projected to reach USD 1,227.2 billion by 2027, exhibiting a CAGR of 8.7% during the forecast period.

Fortune Business Insights™ lists out the names of all the manufacturers present in the global Ready-Mix Concrete Market. They are as follows:

• CEMEX S.A.B. de C.V. (Mexico)
• I. Cement Factory Limited. (Dhaka)
• ACC Ltd. (India)
• UltraTech Cement Ltd. (India)
• LafargeHolcim (Switzerland)
• Buzzi Unicem SpA (Italy)
• W. Sidley, Inc. (U.S.)
• HEIDELBERGCEMENT AG (Germany)
• Italcementi Group (Italy)
• Hanson Cement Ltd. (UK)
• S. Concrete (U.S.)
• Other key players

Drivers & Restraints-

Rising Investments in Construction Projects to Propel Growth

Several private and government organizations are increasingly investing in construction projects across the globe. These consist of the construction of commercial buildings, railroads, highways, power generation sector, real estates, bridges, and urban infrastructure. Apart from these, in the developing countries, such as South Korea, India, China, and Mexico, the agencies are investing hefty amounts of money in urbanization. It is further skyrocketing the demand for this concrete. The global construction industry is also expanding backed by the reduced labor cost and availability of plenty of equipment and tools. These factors are expected to boost the ready-mix concrete market growth in the near future.

Gain More Insights into Ready-Mix Concrete Industry Research Report:

https://www.fortunebusinessinsights.com/ready-mix-concrete-market-103281

Segment-

Residential Segment to Dominate Stoked by Increasing Demand for Housing Sectors

Based on application, the market is segregated into infrastructure, commercial, and residential, and others. Out of these, the infrastructure segment held 28.70% in terms of ready-mix concrete market share in 2019. This growth is attributable to the increasing urbanization, which, in turn, is resulting in the construction of roads, water systems, power generation systems, and highways. The residential segment would dominate the market throughout the coming years stoked by the high demand for housing sectors, especially from Asia Pacific as the population of this region is growing rapidlyRegional Analysis-

Increasing Demand for Single Housing Units to Drive Growth in North America

Geographically, Asia Pacific is anticipated to showcase substantial growth in terms of revenue during the forthcoming years. This growth is attributable to the rising demand for ready-mix concrete from South Korea, India, and China. Also, the increasing construction of new manufacturing plants and rapid development of infrastructures in these countries would contribute to the market growth in this region.

North America, on the other hand, generated USD 164.4 billion in terms of revenue in 2019 and is set to exhibit steady growth in the coming years. This is projected to occur on account of the high demand for residential structures from the countries in this region. Besides, high disposable income and need for single housing units in the region would spur growth.

Competitive Landscape-

Key Players Aim to Support Masses Affected Greatly by COVID-19 Crisis

The market houses a large number of companies that are currently striving to gain a competitive edge by either developing unique ready-mix concrete or by contributing huge sums to the COVID-19 relief.

Advanced Ceramics Market 2021 Growth Statistics, Trends Analysis, Size Estimation, Market Dynamics and Future Growth Insights By 2027

The global advanced ceramics market is set to gain momentum from the high demand from the field of electroceramics. It provides greater wear resistance, compressive strength, and resistance to high pressures and temperatures. Electroceramics are extensively used in complex ferroelectrics and simple insulating materials. This information is published by Fortune Business Insights™ in a new study, titled, “Advanced Ceramics Market, 2021-2028.” As per the study, the market size was USD 82,972.9 million in 2020 and is projected to reach USD 1,80,463.4 million by 2028, exhibiting a significant CAGR of 10.2% during the forecast period.

COVID-19 Pandemic: Halt of Automotive Production & Shipment Delays to Hinder Growth

The COVID-19 pandemic has severely affected various industries, such as electronics and automotive. Governments of various countries across the globe are deploying strict norms to ban the movement of material and man. It has thus resulted in shipment delays and halted the production of automotive. These factors are anticipated to hamper the demand for advanced types of ceramics in the upcoming years. Our reports will help you tackle this grave situation by choosing the best strategy.

Segments-

Medical Segment Held 18.0% Share in 2020 Backed by Usage in Making Implants

Based on the material, the market is segregated into alumina, zirconia, titanate, silicon carbide, silicon nitride, and others. By the end-use, it is fragmented into electrical & electronics, transportation, medical, chemical, and others. Amongst these, the medical segment earned 18.0% in terms of the advanced ceramics market share in 2020. This growth is attributable to the rising usage of the product to develop artificial bones, biodegradable splints, and plant materials. The transportation segment generated 21.2% share in 2020 in China.

Report Coverage-

The report provides intelligent insights on new product developments, R&D activities, and future technologies in the advanced ceramics industry. At the same time, it offers accurate information about recent investments, developments, and untapped geographies. Besides, our analysts have conducted an assessment of manufacturing capabilities, strategies, and shares of reputed companies.

List of the Leading Companies Profiled in the Global Market are:

• International Syalons (UK)
• KYOCERA Corporation (Japan)
• S&S Advance Ceramics (India)
• Advanced Ceramics Manufacturing (U.S.)
• Nishimura Advanced Ceramics (Japan)
• CeramTec GmbH (Germany)
• CoorsTek Inc. (U.S.)
• Saint-Gobain (U.S.)
• Morgan Advanced Materials (UK)
• Technocera (India)
• Other Key Players

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/advanced-ceramics-market-105073

Drivers & Restraints-

Increasing Usage in Battery Components to Augment Growth

The high demand for advanced ceramics from the medical and automotive industries is set to contribute to growth. The product has excellent electrical and thermal properties and hence, is extensively used in battery components in the automotive industry. However, the high prices of the product compared to alloy and metal is expected to obstruct the advanced ceramics market growth in the near future.

Regional Insights-

Asia Pacific to Remain at the Forefront Fueled by Rising Demand from Medical Sector

Regionally, Asia Pacific procured USD 30,782.96 million in 2020 in terms of revenue. This growth is attributable to the increasing research & development activities by major companies to introduce technologically advanced products. Also, high demand from the medical sector would aid regional growth. North America, on the other hand, is likely to remain in the second position in the forecast period. The surging production of electronics is set to accelerate growth.

Competitive Landscape-

Key Players Focus on Acquisition Strategy to Strengthen Their Positions

The global market contains a few leading companies that are mainly focusing on mergers and acquisitions to strengthen their positions.

Below is one of the significant industry developments:

May 2019: Kyocera Fineceramics GmbH acquired Friatec GmbH’s advanced ceramics business operations. It would enable the company to meet the high demand for fine ceramic components used in industrial machinery. Also, it will be able to strengthen its capabilities for developing prototypes and delivering them on time.

Geotextiles Market Scenario – Global Demand, Increase in Share, Emerging Trends, Growth Drivers by Top Leading Companies Worldwide

The global geotextiles market size is expected to showcase considerable growth by reaching USD 16,212.5 million by 2028 while exhibiting a CAGR of 7.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Geotextiles Market, 2021-2028.”, mentions that the market stood at USD 9,014.2 million in 2020. Factors such as the increasing incidence of natural calamities and the increasing focus on the deployment of coir in the construction of roads are expected to favor the product’s demand worldwide. For instance, in May 2020, the Central Government of India announced the adoption of coir geotextiles for the construction of rural roads under the third phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-III).

What does the Report provide?

The market report provides a detailed qualitative and quantitative analysis of the market and focuses on crucial aspects such as materials, leading companies, applications, and products. Also, the report offers insights into the latest trends and highlights key industry developments. The report further includes historical data & forecasts revenue growth at global, regional, and country levels, and analyzes the industry’s latest dynamics and opportunities that will impact the market growth between 2021 and 2028.

Industry Development:

June 2020 – Mattex Geosynthetics announced an investment worth USD 150 million to expand its nonwoven and woven geotextiles capacity located in Saudi Arabia and UAE. The company aims to strengthen its position in the region with its expansion plans.

List of the Companies Profiled in the Geotextiles Market:

• Maccaferri (Bologna, Italy)
• TENAX (Lecco, Italy)
• TenCate Geosynthetics Asia Sdn Bhd. (Selangor Darul Ehsan, Malaysia)
• GSE Environmental (Texas, the U.S.)
• Terram Geosynthetics Pvt. Ltd. (Gujarat, India)
• HUESKER Synthetic GmbH (Gescher, Germany)
• Global Synthetics (New South Wales, Australia)
• TYPAR Geosynthetics (Tennessee, the U.S.)
• Fibertex Nonwovens A/S (Aalborg, Denmark)
• Belton Industries (South Carolina, the U.S.)
• Thrace Group (Alimos, Greece)
• NAUE GMBH & CO. KG (Espelkamp, Germany)
• SKAPS Industries (Georgia, the U.S.)
• Other Key Players

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/geotextiles-market-105063

COVID-19 led to Order Cancellation Impacting Coir Industry

The disruption in supply chain due to the lockdown announced by the government agencies has led to the cancellation of several orders witnessed by the coir manufacturers globally. For instance, several coir products have piled up at industrial units due to declining in export and import activities amid the novel coronavirus. This is affecting the growth of the market in the shorter run. However, supportive government policies to support SMEs is expected to bode well for the resumption of trade activities while taking the necessary precautions.

DRIVING FACTORS

Increasing Incidence of Natural Calamities to Augment Growth

According to the National Centers for Environmental Information (NCEI), there were in total around 22 billion-dollar climate and weather calamities in the United States. These included 7 tropical cyclones, 1 wildfire, 1 drought, and 13 severe storms. The increasing incidence of such disasters propels the need for the adoption of strong materials to ensure optimum protection of soil, roads, and bridges. Geotextiles aid in retention of walls and embankments when adopted in several road construction activities. Therefore, the constant threat of natural calamities is expected to boost the global geotextiles market growth in the forthcoming years.

REGIONAL INSIGHTS

Asia-Pacific – The region is expected to remain at the forefront and hold the largest global geotextiles market share in terms of revenue in the forthcoming years. This is attributable to the growing construction industry and several large infrastructure projects in the pipeline in countries such as China and India. Asia Pacific stood at USD 3,038.1 million in 2020.

Europe – The region is expected to showcase exponential growth backed by the rising environmental and health concerns that are propelling the demand for natural fibers in construction projects. This initiative is being perceived as a positive trend for the high adoption of natural products in the European region.

Nanocoatings Market Size Outlook, Share Value, Global Growth Drivers and Industry Forecast to 2027

The global nanocoatings market size is expected to experience exponential growth by reaching USD 39,869.2 million by 2028. Fortune Business Insights published this information in its latest report, titled, “Nanocoatings Market, 2021-2028.” The report further mentions that the market stood at USD 7,825.3 million in 2020 and is likely to exhibit a CAGR of 22.7% between 2021 and 2028.

Increasing Demand for Nanocoatings from Electronics Sector to Favor Growth

In March 2020, P2i announced the signing of a deal with Samsung to provide protection for the Galaxy smartphone series. The company is anticipated to adopt its advanced nanotechnology to improve the reliability and liquid protection of smartphones. The growing demand for smartphones is expected to boost the demand for the product that will bode well for the market growth in the forthcoming years.

Key Market Segmentation:

We have segmented the global market for nanocoatings on the basis of type, application, and region. On the basis of type, the market is segregated into antimicrobial, self-cleaning, anti-fingerprint, anti-corrosion, and others. Based on application, the market is bifurcated into building & construction, automotive, aerospace, electronics, marine, and others. Moreover, on the basis of application, the building & construction segment is expected to hold significant market share owing to the growing demand for these coatings across green buildings to conserve energy globally.

Lastly, based on region, the market is divided into North America, Asia-Pacific, Latin America, the Middle East and Africa, and Europe.

What does the Report Include?

The global market for coconut derivatives report includes detailed analysis obtained by the research analyst using several research methodologies on several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaborate that will further contribute to the market growth between 2021 and 2028.

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/nanocoatings-market-105023

List of the Companies Profiled in the Global Market:

• P2i Ltd (Oxfordshire, UK)
• Nanovere Technologies LLC (Michigan, U.S)
• Nanofilm Ltd. (Ohio, U.S)
• ACTnano (Massachusetts, U.S)
• Nanophase Technologies Corporation (Illinois, U.S)
• Tesla Nanocoatings Inc (Ohio, U.S)
• Cleancorp (NSW, Australia)
• Other Key Players

Increasing Demand for Nanocoatings from Electronics Sector to Favor Growth

In March 2020, P2i announced the signing of a deal with Samsung to provide protection for the Galaxy smartphone series. The company is anticipated to adopt its advanced nanotechnology to improve the reliability and liquid protection of smartphones. The growing demand for smartphones is expected to boost the demand for the product that will bode well for the market growth in the forthcoming years.

Reduced Workforce amid COVID-19 to Hamper Growth

The imposition of lockdown has led to sluggish growth of several industries globally. In addition to this, decreased sales revenue and reduced workforce has led to a drastic economic downturn that has affected the demand for coatings across several industries such as automotive, and construction & buildings, among others. According to the data by the European Automobile Manufacturers’ Association (ACEA), the total sales of new vehicles in the European Union was 7.4% lower around January-February 2020 compared to the same period in 2019. This is likely to affect the market in the short run.

Medical Plastics Market Demand Analysis in 2021 – Size, Share, Growth, Business Opportunities and Industry Forecast to 2026

The global Medical Plastics Market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. Meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of medical plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & Industry Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide. In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future.

Market Driver

Deferment of EU MDR to Support Medical Plastics Market Growth

The European Medical Device Regulation (EU MDR) is an updated batch of regulations framed to monitor and govern the production and distribution of medical devices sold in Europe. The new regulations are focused on adopting a life-cycle approach to medical devices owing to the rapidly aging population in the continent. The regulations are based on the rationale that the probability of malfunctions and accidents associated with medical devices used to treat aging people is higher than normal. The EU MDR was expected to create a major turmoil in the medical plastics industry in Europe. However, with the coronavirus raging across the globe, the European Parliament has decided to postpone the enactment and implement of this regulation to May 2021 so that companies can focus on prioritizing the production of medical devices to battle the pandemic. This decision, therefore, augurs well for this market.

Competitive Landscape

Prioritization of Response to COVID-19 to be Central Focus for Key Players

As the coronavirus continues to wreak havoc around the world, key players in the market for medical plastics are focused on prioritizing their response of this unprecedented health crisis. Many companies have boosted their production to produce essential equipment for frontline health workers, while some others are ramping up their R&D spending to launch innovative solutions for the health industry.

Gain More Insights into the Medical Plastics Market Research Report

https://www.fortunebusinessinsights.com/medical-plastics-market-102136

List of Companies Profiled in the Medical Plastics Market Report:

• Eastman Chemical Company (the U.S.)
• GW Plastics (the US)
• Solvay (Belgium)
• Evonik (Germany)
• Celanese Corporation (the U.S.)
• Nolato AB (Sweden)
• Röchling (Germany)
• Covestro AG (Germany)
• BASF SE (Germany)
• SABIC (Saudi Arabia)

Regional Insights

Changing Dynamics of Health Industry in Asia Pacific to Fuel Market Growth

Asia Pacific is expected to lead the medical plastics market share in the coming years owing to evolving dynamics and preferences in the healthcare industry in the region. For example, there is growing awareness about sanitation and hygiene in healthcare facilities in India and China, which is spiking the adoption of advanced medical plastics in the region.

In North America, where the market size was at USD 5.36 billion in 2019, the market is anticipated to be characterized by high healthcare spending and excellent R&D infrastructure for medical research. The market in Europe is also expected to register considerable growth owing to favorable government policies promoting the adoption of medical plastics, especially during the current coronavirus pandemic.

Cement Market Size, Share and Trends Global Research Report and Industry Forecast to 2026

The Global Cement Market Share is projected to reach USD 463.0 billion by 2026. According to a report by Fortune Business Insights™, titled “Cement Market Size, Share & Industry Analysis, By Type (Portland, Blended, and Others), By Application (Residential, and Non-Residential), and Regional Forecast 2019-2026,” the market was worth USD 312.5 billion in 2018. Driven by the increasing product demand across the world, the market will exhibit a CAGR of 5.2% during the forecast period, 2019-2026.

Recent Advances in Manufacturing Techniques to Aid Growth

The uses of Cement have dramatically risen in the past two decades. The need for improved road quality has drawn massive investments in the manufacturing of high-quality Cement. The increasing investments have successfully yielded high-grade products. The development of inter-country highways, coupled with contributions from government and tourism departments have all contributed to the growing demand for Cement across the world.

The increasing uses and subsequently rising demand for the product will bode well for the global Cement Market in the coming years. Advances in manufacturing techniques, coupled with the use of improved ingredients for manufacturing will open up a huge potential for the companies operating in the market. Moreover, the massive potential will attract several market entrants in the forthcoming years. The market has been analyzed for the forecasted period of 2019-2026.

To Gain More Insights into the Cement Market with Detailed Table of Content and Figures, Click Here: https://www.fortunebusinessinsights.com/industry-reports/Cement-market-101825

List of the companies that are profiled in the Cement Market report includes;

• CEMEX
• HeidelbergCement
• ItalCementi
• InterCement
• LafargeHolcim
• CRH plc
• The Siam Cement Group
• Titan Cement Company S.A.
• Aditya Birla Ultratech
• Votorantim Cimentos
• Buzzi Unicem S.p.A.
• Mitsubishi Cement Corporation
• Argos USA Corporation
• CNBM International Corporation
• Taiheiyo Cement Corporation
• Drake Cement LLC

Forecast Values Have Been Evaluated Through Top-notch Research Methods

The competitive landscape of the global Cement Market has been discussed in detail. The report highlights the leading companies of recent years and discusses the latest strategies adopted by these companies. In addition to growth stimulators, the report discusses a few of the factors that have restrained market growth. Forecast values have been provided for the market for the period of 2019-2026. Additionally, the report identifies areas that have witnessed the highest demand and applications for the product in recent years. Besides this, a few of the leading products, major companies, and major industry developments of recent times have been highlighted in this report.

Company Mergers Dominate the List of Industry Developments

The report encompasses several factors that have contributed to the growth of the market in recent years. With a bid to establishing a stronghold in the market, companies are looking to adopt newer strategies. Among all strategies, it has been observed that company collaborations and acquisitions are most successful strategy and have helped SMEs as well as large businesses. A few of the leading mergers and acquisitions have been highlighted in the report, a couple of which have been listed below.

Polypropylene Market Size Analysis, Growth, Share Investment Strategies and Competitive Insights To 2027 by Fortune Business Insights™

The global polypropylene market price and size is poised to attain a market value of USD 122.31 billion by 2026, registering a CAGR of 5.5% during the forecast period. The global Polypropylene Market value in 2018 was USD 79.85 billion.

One of the key drivers of the global Polypropylene Market growth is the rising demand for the polymer in the automotive industry. Polypropylene is widely used in automobile manufacturing owing to its moldable properties and low costs. Within this industry, this polymer is primarily used in fender lines, battery trays and cases, instrumental panels, and interior and door trims. Additionally, polypropylene offers a variety of other benefits, such as high chemical resistance and excellent impact balance, that make it a highly valuable material in the automotive industry. The polypropylene (PP) is a linear hydrocarbon resin that is essentially is a rigid, tough, and crystalline thermoplastic derived from propene monomer. It is one of the cheapest and the most widely used plastics available currently.

Extensive Applicability in the Packaging Industry to Favor Market Growth

Rapidly developing packaging industry on account of growing e-commerce activities is raising the demand for polypropylene and is turning out to be one of the major factors leading the expansion of the global Polypropylene Market size. The wide usage of polypropylene in packaging is attributable to the polymer’s exceptional welding qualities and chemical resistance properties as well as other structural and molecular advantages. For example, in food packaging, PP is a preferred option owing to its low moisture and water vapor transmission and high optical clarity. Moreover, various forms of PP are used in films used in the electronics industry, disposable diaper tabs, and graphic arts. Further, polypropylene can be molded to create bottles and pots, along with thin-walled containers for storing food. Lastly, polypropylene is extensively employed in making numerous household items such as luggage, storage boxes, appliances, and other housewares.

List of Best Companies Covered in Polypropylene Market Research Report includes;

• LyondellBasell
• Borouge
• SABIC
• Orpic
• Reliance Industries Limited
• Braskem
• Tasnee
• China Petrochemical Corporation
• ExxonMobil Chemical
• China National Petroleum Corporation
• Total S.A.
• Formosa Plastics Group
• Dupont
• BASF SE
• INEOS

Browse Complete Report Details with Table of Content and Figures: https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583

Escalating Demand for PP in Healthcare to Bolster the Market

Polypropylene is used in a wide range of procedures in the medical field owing to the high bacterial and chemical resistance of the polymer. The most commonly seen application of PP in hospitals is disposable syringes. Other application areas include petri dishes, food trays and pans, medical vials, intravenous bottles, and many more. Persistently high demand for PP in healthcare will be one of the critical drivers of the global Polypropylene Market revenue in the forecast period.

Asia-Pacific to Register Significant Growth; North America to Lead the Charge

Speedy development in the automotive and packaging industries in India and China and technological advancements in Japan are factors that will propel the market for polypropylene in Asia-Pacific. The market in Europe is expected to grow at a considerable pace owing to rising demand for PP in pharmaceuticals, electronics, automotive, and food and beverages. However, North America is projected to lead the global Polypropylene Market share on account of well-established medical and electronics manufacturing industries in the region.

Expansion of Operations to Intensify Competition

Key players are adopting different strategies, such as operational expansion and development of novel products, to reinforce their position in the global Polypropylene Market. For example, in September 2019, LyondellBasell upgraded their polypropylene compounding plant in Germany by installing a fifth production line at the site. Commitment to sustainable development goals by private companies is giving rise to innovations in terms of recycling of plastic. For instance, Procter and Gamble recently collaborated with PureCycle Technologies to recycle polypropylene to an odour-free and clear-coloured product.

Flavors and Fragrances Market Size Analysis, Growth Drivers, Share, and Business Opportunities 2021 to 2027

The global Flavors and Fragrances Market size size is prognosticated to reach USD 38.56 billion by 2026, exhibiting a CAGR of 4.8% by 2026, the market value stood at USD 26.50 billion in 2018.

This is attributable to the rapid growth of the food and beverage industry that propelled the demand for new flavors. This information is published in an upcoming report by Fortune Business Insights™ titled, “Flavors and Fragrances Market Size, Share & Industry Analysis, By Type (Flavors {Natural and Synthetic} and Fragrances {Natural and Synthetic}) By Application (Food & Beverage, Flavors and Fragrances & Personal Care, Pharmaceutical, Home & Floor Care, Fine Fragrances, and others) and Regional Forecasts, 2019-2026.”

Drivers:
Increasing Demand from Cosmetic Industry to Drive Market

The prevailing trend of ready-to-eat and convenience food products have propelled companies to introduce innovative flavors into the food and beverage industry. The increasing demand for innovative products from the food and beverage industry is a major factor boosting the Flavors and Fragrances Market growth. In addition to this, there is a rise in demand for scented soaps, detergents, toiletries, and Flavors and Fragrances, and perfumes, owing to the rise in modernization and the adoption of higher living standards among people. Therefore, the increasing demand from the cosmetic industry will also add impetus to the overall market in the forecast period.

On the other side, synthetic fragrances are gaining popularity on account of their strong aroma and long-lasting properties. Analysts at Fortune Business Insights™ say, “There is a high preference for organic ingredients in the personal care sector. This is further propelling the demand for natural fragrances.” Therefore, the demand for synthetic and organic fragrances are anticipated to expand the Flavors and Fragrances Market in the forecast period.

List of Best Players Profiled in Flavors and Fragrances Market are;

• International Flavors and Fragrances (IFF)
• Robertet Group
• Sensient Technologies
• Takasago International Corp
• Mane
• Solvay S.A.
• Givaudan
• Symrise AG
• Kerry Group plc
• Firmenich SA
• Hasegawa Co., Ltd.
• Archer Daniels Midland Company
• Others

Get Detailed Insights into the Market with TOC, Segmentation and Many More: https://www.fortunebusinessinsights.com/flavors-and-fragrances-market-102329

Regional Analysis:

The Asia Pacific to Emerge as Most Lucrative Market Owing to Increasing Demand from Cosmetic Industry

Europe is holding a significant position in the market on account of the increasing demand for encapsulated flavors and fragrances in liquor-based drinks as well as in cosmetic products in the region. Additionally, the market in North America has reached the maturity phase while this region earned USD 6.41 billion in 2018. Furthermore, Asia Pacific is likely to emerge as the most lucrative market owing to the rise in demand for flavors and fragrances from both the food and cosmetic industries.

Competitive Landscape:
Merger and Acquisition is Major Strategy Adopted by Players
Currently, four key companies, namely Firmenich SA, Symrise AG, International Flavors and Fragrances (IFF), and Givaudan, are collectively holding 50% of the global Flavors and Fragrances Market share. Companies are adopting merger and acquisition strategies to gain a competitive edge in the market. For instance, Firmenich has started the construction of a new plant in China since 2019 and Givaudan acquired more than five companies since 2018.

Protective Face Mask Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2027

The global protective face mask market size is projected to reach USD 3.59 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. Surging demand for face protection masks to contain the spread of the COVID-19 infection will considerably augment the growth of this market, states Fortune Business Insights™ in its report, titled “Protective Face Mask Market Size, Share & Covid-19 Impact Analysis, By Type (Medical Face Mask {Surgical & Procedure, N-95 Respirators, and Others}, Respirator, and Others), By Usage (Disposable, and Reusable), and By End-Use (Healthcare, Oil & Gas, Mining, Construction, Manufacturing, and Others) and Regional Forecast, 2020-2027”. According to the World Health Organization (WHO), approximately 89 million medical masks will be required on a monthly basis to meet the skyrocketing demand for protective medical equipment worldwide. This dire situation has gotten even more accentuated with countries reporting massive shortages of protective face masks. For example, Canada revealed in January 2020 that the country was running out of the 55 million N95 masks it had stockpiled during the SARS contagion of 2003. Italy, Europe’s worst-hit country by the coronavirus, has been received 800,000 masks from South Africa in March, but reported that it needed at least 10 million more. Widening gap between supply and demand of face masks has prompted companies to enhance their production capacities, which is opening unique expansion avenues for the market and fueling its growth.Market Driver

Growing Intensity of Air Pollution Worldwide to Boost the Market

One of the central factors driving the protective face mask market growth is the intensification of air pollution and its effects on human health across globe. Recent data from the WHO reveals that 90% of people breathe polluted air, with ambient and household air pollution resulting in 7 million deaths worldwide every year. The main culprit is PM2.5 (particulate matter of less than 2.5 micro-meters), according to a report published by the World Bank, which penetrates the lungs and cardiovascular system, leading to life-threatening conditions such as stroke, lung cancer, respiratory infections, and heart disease. Protective face masks are effective in filtering these pollutants and preventing inhalation of deadly air contaminants. These masks are extensively used in urban areas, especially in developing countries, where energy consumption is high and pollution levels have reached inordinate levels.

Browse Summary of this Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/protective-face-mask-market-103292

List of the Leading Companies Covered in the Protective Face Mask Market Research Report are:

• ANSELL LTD (Australia)
• Cardinal Health (U.S.)
• Moldex-Metric (Germany)
• Kimberly-Clark Worldwide, Inc. (U.S.)
• DuPont (U.S.)
• Medicom (Canada)
• Eclipse Automation Inc. (U.S.)
• Alpha Pro Tech (Canada)
• Honeywell International Inc. (U.S.)
• 3M (U.S)

Regional Insights

North America to Lead the Pack Supported by Advancements in Protective Equipment

With a market size of USD 471.10 million in 2019, North America is set to dominate the protective face mask market share during the forecast period. The prime factor driving this market in the region is the availability of advanced protective equipment for medical personnel. In addition to this, the number of COVID-19 cases has risen astronomically in the US, which has surged the demand for these protective masks in the region.

In Asia Pacific, high production capacities of manufacturers in India and China are augmenting the market growth as these countries are two of the leading suppliers of hospital equipment worldwide. In Europe, uncontrolled spread of the coronavirus is propelling the demand for face masks by civilians as well as frontline healthcare workers.

Competitive Landscape

The convergence of Novel Protection Technologies to Enhance Market Competition

The competitive landscape of this market is currently characterized by companies attempting to meet the exponential demand for protective face masks. Many leading players are fusing their patented technologies with those of their competitors to develop effective masks for frontline health personnel.