• The global powder coatings market size is slated to reach USD 18.95 billion by 2028, registering a 6.2% CAGR during the forecast period. The increasing demand for industrial equipment & machineries in the automotive, infrastructure and construction industry will have an excellent impact on the market growth, states Fortune Business Insights, in a report, titled “Powder Coatings Market, 2021-2028.” The market size stood at USD 11.58 billion in 2020 and reached USD 12.46 billion in 2021.

    Information Source - https://www.fortunebusinessinsights.com/powder-coatings-market-102139

    Market Segments:

    Based on the resin, the market is divided into Thermoset and Thermoplastic.

    On the basis of coating method, the market is divided into electrostatic spray, fluidized bed, and others.

    Based on the application, the market is classified into agriculture, appliance, architectural, automotive, furniture, agriculture, construction and earthmoving equipment (ACE), general industries, and others. The appliance segment is expected to account for the highest powder coatings market share. These coatings are mostly used in floor cleaners, microwave ovens, freezer liners, dryer drums, racks & cabinets, dishwasher doors & racks, mixers & blenders, etc.

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

    What does the Report Include?

    The report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected period. Additionally, the report provides comprehensive research into the regional developments of the market, affecting its growth during the forecast period. The report also provides comprehensive insights into key strategies adopted by market players such as mergers and acquisitions, partnerships, and product launches to sustain their market foothold over the projected timeframe.

    Driving factor:

    Surging Demand for Eco-friendly Coatings to Boost Market

    Manufacturers' increasing awareness of pollution prevention is promoting the manufacturing of these coatings. Manufacturers are often required to get licenses and adhere to stringent environmental laws regarding the quantity of solvent and VOCs released into the atmosphere. Manufacturers that violate the rule regulating VOC content are subject to penalties and fines. These coatings provide an option that reduces air pollution management while still adhering to standards and constraints. These coatings are made without using petroleum solvents and so do not emit VOCs that are detrimental to the environment. The decrease in the usage of volatile organic compounds (VOCs) will drive the powder coatings market growth.

    Regional Insights:

    Infrastructure Development to Push Growth in Asia Pacific

    The market in Asia Pacific stood at USD 6.89 billion in 2020. The growth is attributed to the rising demand from end-use sectors such as appliance, automotive, architectural, furniture, agricultural, agriculture, construction and earthmoving equipment, and general industries. Because of increased government investments in infrastructure development projects, the infrastructure and construction business is expected to boom in India and China. Powder coating is gaining popularity in the building business because to its eco-friendly nature and aesthetic appeal. Europe is expected to develop rapidly due to the high demand from the automotive industry.

    Competitive Landscape:

    Prominent Companies Focus on Well-Established Supply Chain Networks to Consolidate Position

    Global enterprises and localized firms with well-established supply chain networks and a thorough understanding of their market's laws and suppliers are battling it out. There are a few large enterprises in the market and several worldwide and regional small and medium-sized organizations. Mergers and acquisitions are being pursued, infrastructure is being built, manufacturing facilities are being expanded, research and development is being invested in, and vertical integration opportunities are being sought across the value chain.

    Notable Development:

    March 2021: Sherwin-Williams introduced a new line of ultra-durable powder coatings for metal building products that offer exceptional UV and weathering resistance. The new Echelon coatings line is part of Sherwin-Williams' Syntha Pulvin architectural coatings range and is said to provide long-term aesthetics with minimal maintenance.

    The Report Lists the Key Players in the Market:

    Akzo Nobel N.V. (Amsterdam, Netherlands)
    PPG Industries, Inc. (Pennsylvania, U.S.)
    BASF SE (Ludwigshafen, Germany)
    Jotun (Sandefjord, Norway)
    Axalta Coating Systems, LLC (Philadelphia, U.S.)
    The Sherwin-Williams Company (Cleveland, U.S.)
    Asian Paints (Mumbai, India)
    Kansai Nerolac Paints Limited (Mumbai, India)
    TCI Powder (Americus, U.S.)
    Berger Paints India Limited (West Bengal, India)
    The global powder coatings market size is slated to reach USD 18.95 billion by 2028, registering a 6.2% CAGR during the forecast period. The increasing demand for industrial equipment & machineries in the automotive, infrastructure and construction industry will have an excellent impact on the market growth, states Fortune Business Insights, in a report, titled “Powder Coatings Market, 2021-2028.” The market size stood at USD 11.58 billion in 2020 and reached USD 12.46 billion in 2021. Information Source - https://www.fortunebusinessinsights.com/powder-coatings-market-102139 Market Segments: Based on the resin, the market is divided into Thermoset and Thermoplastic. On the basis of coating method, the market is divided into electrostatic spray, fluidized bed, and others. Based on the application, the market is classified into agriculture, appliance, architectural, automotive, furniture, agriculture, construction and earthmoving equipment (ACE), general industries, and others. The appliance segment is expected to account for the highest powder coatings market share. These coatings are mostly used in floor cleaners, microwave ovens, freezer liners, dryer drums, racks & cabinets, dishwasher doors & racks, mixers & blenders, etc. Geographically, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. What does the Report Include? The report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected period. Additionally, the report provides comprehensive research into the regional developments of the market, affecting its growth during the forecast period. The report also provides comprehensive insights into key strategies adopted by market players such as mergers and acquisitions, partnerships, and product launches to sustain their market foothold over the projected timeframe. Driving factor: Surging Demand for Eco-friendly Coatings to Boost Market Manufacturers' increasing awareness of pollution prevention is promoting the manufacturing of these coatings. Manufacturers are often required to get licenses and adhere to stringent environmental laws regarding the quantity of solvent and VOCs released into the atmosphere. Manufacturers that violate the rule regulating VOC content are subject to penalties and fines. These coatings provide an option that reduces air pollution management while still adhering to standards and constraints. These coatings are made without using petroleum solvents and so do not emit VOCs that are detrimental to the environment. The decrease in the usage of volatile organic compounds (VOCs) will drive the powder coatings market growth. Regional Insights: Infrastructure Development to Push Growth in Asia Pacific The market in Asia Pacific stood at USD 6.89 billion in 2020. The growth is attributed to the rising demand from end-use sectors such as appliance, automotive, architectural, furniture, agricultural, agriculture, construction and earthmoving equipment, and general industries. Because of increased government investments in infrastructure development projects, the infrastructure and construction business is expected to boom in India and China. Powder coating is gaining popularity in the building business because to its eco-friendly nature and aesthetic appeal. Europe is expected to develop rapidly due to the high demand from the automotive industry. Competitive Landscape: Prominent Companies Focus on Well-Established Supply Chain Networks to Consolidate Position Global enterprises and localized firms with well-established supply chain networks and a thorough understanding of their market's laws and suppliers are battling it out. There are a few large enterprises in the market and several worldwide and regional small and medium-sized organizations. Mergers and acquisitions are being pursued, infrastructure is being built, manufacturing facilities are being expanded, research and development is being invested in, and vertical integration opportunities are being sought across the value chain. Notable Development: March 2021: Sherwin-Williams introduced a new line of ultra-durable powder coatings for metal building products that offer exceptional UV and weathering resistance. The new Echelon coatings line is part of Sherwin-Williams' Syntha Pulvin architectural coatings range and is said to provide long-term aesthetics with minimal maintenance. The Report Lists the Key Players in the Market: Akzo Nobel N.V. (Amsterdam, Netherlands) PPG Industries, Inc. (Pennsylvania, U.S.) BASF SE (Ludwigshafen, Germany) Jotun (Sandefjord, Norway) Axalta Coating Systems, LLC (Philadelphia, U.S.) The Sherwin-Williams Company (Cleveland, U.S.) Asian Paints (Mumbai, India) Kansai Nerolac Paints Limited (Mumbai, India) TCI Powder (Americus, U.S.) Berger Paints India Limited (West Bengal, India)
    Powder Coatings Market Share, Growth | Global Report [2028]
    The global powder coatings market is projected to grow from $12.46 billion in 2021 to $18.95 billion in 2028 at a CAGR of 6.2% in forecast period, 2021-2028
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  • The global disposable gloves market size was valued at USD 23.03 billion in 2021. The market is projected to grow from USD 26.82 billion in 2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/infographics/disposable-gloves-market-106777

    Segments:

    Natural Rubber Latex Gloves Segment to Hold Substantial Share Owing to Expanded Utilization in Healthcare Sector

    Based on material, the market is segmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride (PVC) gloves, and others.

    In 2021, the natural rubber latex gloves segment dominated the market. Latex gloves are among the most broadly utilized glove varieties in the market.

    Healthcare & Medical Segment to Hold a Substantial Share Owing to Rising Demand from Healthcare Facilities

    In terms of application, the market is segmented into healthcare & medical, industrial, food industry, and others.

    In terms of both volume and value, the healthcare & medical segment represented the major share of the market.

    Geographically, the market is segregated into North America, Europe, East Asia, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America, and the Rest of the World.

    Report Coverage:

    We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

    Drivers and Restraints:

    Enhanced Operations and Properties Offered by Nitrile Gloves to Spur Market

    Nitrile is a synthetic arrangement of rubber broadly utilized for manufacturing gloves. Nitrile, or synthetic rubber, which has constantly been acknowledged as a greatly robust glove compound, is more sturdy than vinyl, and therefore rising in admiration. Nitrile has been around for a while, but it has only turned out to become more reasonable lately; hence, it is attaining popularity in the medical, food, cleaning, and other industries.

    However, raw materials, such as latex, which are used in production process of disposable gloves are majorly manufactured in Asian countries such as Malaysia and China. The greatly concentrated raw material source infers that any interruption at the source can expressively encourage almost each and every stakeholder throughout the value chain. This is expected to hinder the disposable gloves market growth.

    Regional Insights:

    Southeast Asia to Lead Stoked by Growing Demand from Healthcare Sector

    Southeast Asia held the majority of the disposable gloves market share in 2021 and is probable to uphold its position during the forecast period, owing to escalating demand from the healthcare sector.

    North America is predicted to perceive growth on account of the increasing demand from industrial sector. Moreover, the production sector in the U.S. has been strongly rising from early stages of the pandemic.

    North America is estimated to observe growth, owing to the growing demand from industrial sector. Manufacturing sector in the U.S. has been robustly rising since commencement of the pandemic.

    East Asia is expected to observe notable growth rate owing to the growing demand from the food & beverages industry.

    Competitive Landscape:

    Radical Product Introductions by Prime Players to Boost Market Growth

    The fundamental players adopt numerous tactics to bolster their position in the market as leading companies. One such prime strategy is procuring companies to bolster the brand value among users. Another vital strategy is periodically launching inventive products with a methodical study of the market and its target audience.

    Key Industry Development:

    January 2022: Kimberly-Clark Professional presented Kimtech Opal Nitrile Gloves for enhanced comfort and exceptional tactile sensitivity without surrendering worker safety. The new gloves are appropriate for applications in research and production, life sciences, and non-sterile medication production.

    List of Key Players Mentioned in the Report:

    Top Glove Corporation Bhd (Malaysia)
    Hartalega Holdings Berhad (Malaysia)
    Kossan Rubber Industries Bhd (Malaysia)
    ANSELL LTD (Australia)
    Sempermed (Austria)
    Cardinal Health (U.S.)
    Supermax Corporation Berhad (Malaysia)
    Intco Medical (China)
    Bluesail Medical Co., Ltd. (China)
    Riverstone Holdings Limited (Malaysia)
    YTY Group (Malaysia)
    Comfort Rubber Gloves Industries Sdn Bhd (Malaysia)
    JIANGSU JAYSUN GLOVE CO., LTD (China)
    Kimberly-Clark Worldwide, Inc. (U.S.)
    Synthomer plc (U.K.)
    3M (U.S)
    The global disposable gloves market size was valued at USD 23.03 billion in 2021. The market is projected to grow from USD 26.82 billion in 2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/infographics/disposable-gloves-market-106777 Segments: Natural Rubber Latex Gloves Segment to Hold Substantial Share Owing to Expanded Utilization in Healthcare Sector Based on material, the market is segmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride (PVC) gloves, and others. In 2021, the natural rubber latex gloves segment dominated the market. Latex gloves are among the most broadly utilized glove varieties in the market. Healthcare & Medical Segment to Hold a Substantial Share Owing to Rising Demand from Healthcare Facilities In terms of application, the market is segmented into healthcare & medical, industrial, food industry, and others. In terms of both volume and value, the healthcare & medical segment represented the major share of the market. Geographically, the market is segregated into North America, Europe, East Asia, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America, and the Rest of the World. Report Coverage: We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones. Drivers and Restraints: Enhanced Operations and Properties Offered by Nitrile Gloves to Spur Market Nitrile is a synthetic arrangement of rubber broadly utilized for manufacturing gloves. Nitrile, or synthetic rubber, which has constantly been acknowledged as a greatly robust glove compound, is more sturdy than vinyl, and therefore rising in admiration. Nitrile has been around for a while, but it has only turned out to become more reasonable lately; hence, it is attaining popularity in the medical, food, cleaning, and other industries. However, raw materials, such as latex, which are used in production process of disposable gloves are majorly manufactured in Asian countries such as Malaysia and China. The greatly concentrated raw material source infers that any interruption at the source can expressively encourage almost each and every stakeholder throughout the value chain. This is expected to hinder the disposable gloves market growth. Regional Insights: Southeast Asia to Lead Stoked by Growing Demand from Healthcare Sector Southeast Asia held the majority of the disposable gloves market share in 2021 and is probable to uphold its position during the forecast period, owing to escalating demand from the healthcare sector. North America is predicted to perceive growth on account of the increasing demand from industrial sector. Moreover, the production sector in the U.S. has been strongly rising from early stages of the pandemic. North America is estimated to observe growth, owing to the growing demand from industrial sector. Manufacturing sector in the U.S. has been robustly rising since commencement of the pandemic. East Asia is expected to observe notable growth rate owing to the growing demand from the food & beverages industry. Competitive Landscape: Radical Product Introductions by Prime Players to Boost Market Growth The fundamental players adopt numerous tactics to bolster their position in the market as leading companies. One such prime strategy is procuring companies to bolster the brand value among users. Another vital strategy is periodically launching inventive products with a methodical study of the market and its target audience. Key Industry Development: January 2022: Kimberly-Clark Professional presented Kimtech Opal Nitrile Gloves for enhanced comfort and exceptional tactile sensitivity without surrendering worker safety. The new gloves are appropriate for applications in research and production, life sciences, and non-sterile medication production. List of Key Players Mentioned in the Report: Top Glove Corporation Bhd (Malaysia) Hartalega Holdings Berhad (Malaysia) Kossan Rubber Industries Bhd (Malaysia) ANSELL LTD (Australia) Sempermed (Austria) Cardinal Health (U.S.) Supermax Corporation Berhad (Malaysia) Intco Medical (China) Bluesail Medical Co., Ltd. (China) Riverstone Holdings Limited (Malaysia) YTY Group (Malaysia) Comfort Rubber Gloves Industries Sdn Bhd (Malaysia) JIANGSU JAYSUN GLOVE CO., LTD (China) Kimberly-Clark Worldwide, Inc. (U.S.) Synthomer plc (U.K.) 3M (U.S)
    Infographics - Disposable Gloves Market
    Infographics - Disposable Gloves Market Industry Share and Forecast till 2026 | Fortune Business Insights
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  • The global antimony market size was USD 0.88 billion in 2020. The market is expected to grow from USD 0.94 billion in 2022 to USD 1.4 billion in 2029, exhibiting a CAGR of 6.5% during the forecast period. Significant demand for the element from chemical manufacturing and the rising industrial demand may foster the market’s growth. Fortune Business Insights™ presents this information in its report titled “Antimony Market, 2022-2029.”

    Antimony (Sb) is a silver-grey chemical element with a glossy and silky surface. It is an extremely rare element in the earth’s crust. It is used to harden lead alloys in pyrotechnics, semiconductor technology, sheet and pipe, collapsible tubes and foil, solder, bearing metal, type metal, storage cables and batteries, and solder. The rising demand for the chemical from the chemical manufacturing sector may foster the industry's growth. Furthermore, the rising industrial demand for high-quality chemicals may foster its sales. These factors may propel industry growth during the upcoming years.

    Source - https://www.fortunebusinessinsights.com/antimony-market-104295

    Segmentation

    By application, the market is segmented into flame retardants, chemicals & alloys, lead-acid batteries, ceramics & glass, and others. Regionally, it is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Strong Adoption of Flame Retardants May Foster Industry Growth

    The chemical is physically blended and inserted into several products and textiles. It is used in paints, rubbers, textiles, children’s clothing, and industrial safety is expected to boost the industry progress. Further, strict government regulations by the Occupational Safety and Health Administration OSHA for adopting flame retardant clothing are expected to boost the market development. Moreover, increasing investments in the development of effective chemicals may foster industry progress. These factors may incite antimony market growth.

    However, the availability of substitutes may hinder the industry growth.

    Regional Insights

    Presence of a Huge Production Base to Foster Market Growth in Asia Pacific

    Asia Pacific is expected to dominate the antimony market share because of the presence of a huge production base. The market in Asia Pacific stood at USD 0.6 billion in 2021 and is expected to gain a huge market share in the upcoming years. Furthermore, the presence of a huge reserve in China may facilitate the adoption of the element. These factors may propel industry development.

    In Europe, substantial production of antimony oxide may boost the adoption of the chemical. Furthermore, robust demand for lead-acid batteries may fuel the adoption of the chemical. These factors may propel industry progress.

    In North America, the rising demand for flame retardants is expected to boost the adoption of flame retardants. Further, strong demand from the electronics sector may foster the market’s progress.

    Competitive Landscape

    Manufacturers Devise Expansion Strategies to Boost Market Presence Globally

    Prominent companies operating in the market devise expansion strategies to boost market presence and increase sales. For example, Campine utilized advanced technology to expand its recycling efforts in January 2021. This development was undertaken to recycle chemicals from industrial and post-consumer metal trash. This strategy may boost its market reach, attract consumers, and enhance its market reach. Furthermore, companies adopt research and development, mergers, acquisitions, partnerships, and automated production techniques to recover costs and boost their market position.

    Industry Development

    December 2021: NAFRA, alongside two universities, began a project to develop recycling and recovery for antimony and bromine from flame retardant plastics.
    List of Key Players Profiled in the Antimony Market Report

    Campine NV (Antwerp, Belgium)
    Huachang Antimony Industry (Yiyang, China)
    United States Antimony Corp (Montana, U.S.)
    Korea Zinc Co. Ltd, (Seoul, South Korea)
    Lambert Metals International (Bushey, U.K.)
    Mandalay Resources Ltd (Toronto, Canada)
    NYACOL Nano Technologies (Massachusetts. U.S.)
    Suzuhiro Chemical & Materials (Ibaraki, Japan)
    The global antimony market size was USD 0.88 billion in 2020. The market is expected to grow from USD 0.94 billion in 2022 to USD 1.4 billion in 2029, exhibiting a CAGR of 6.5% during the forecast period. Significant demand for the element from chemical manufacturing and the rising industrial demand may foster the market’s growth. Fortune Business Insights™ presents this information in its report titled “Antimony Market, 2022-2029.” Antimony (Sb) is a silver-grey chemical element with a glossy and silky surface. It is an extremely rare element in the earth’s crust. It is used to harden lead alloys in pyrotechnics, semiconductor technology, sheet and pipe, collapsible tubes and foil, solder, bearing metal, type metal, storage cables and batteries, and solder. The rising demand for the chemical from the chemical manufacturing sector may foster the industry's growth. Furthermore, the rising industrial demand for high-quality chemicals may foster its sales. These factors may propel industry growth during the upcoming years. Source - https://www.fortunebusinessinsights.com/antimony-market-104295 Segmentation By application, the market is segmented into flame retardants, chemicals & alloys, lead-acid batteries, ceramics & glass, and others. Regionally, it is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Strong Adoption of Flame Retardants May Foster Industry Growth The chemical is physically blended and inserted into several products and textiles. It is used in paints, rubbers, textiles, children’s clothing, and industrial safety is expected to boost the industry progress. Further, strict government regulations by the Occupational Safety and Health Administration OSHA for adopting flame retardant clothing are expected to boost the market development. Moreover, increasing investments in the development of effective chemicals may foster industry progress. These factors may incite antimony market growth. However, the availability of substitutes may hinder the industry growth. Regional Insights Presence of a Huge Production Base to Foster Market Growth in Asia Pacific Asia Pacific is expected to dominate the antimony market share because of the presence of a huge production base. The market in Asia Pacific stood at USD 0.6 billion in 2021 and is expected to gain a huge market share in the upcoming years. Furthermore, the presence of a huge reserve in China may facilitate the adoption of the element. These factors may propel industry development. In Europe, substantial production of antimony oxide may boost the adoption of the chemical. Furthermore, robust demand for lead-acid batteries may fuel the adoption of the chemical. These factors may propel industry progress. In North America, the rising demand for flame retardants is expected to boost the adoption of flame retardants. Further, strong demand from the electronics sector may foster the market’s progress. Competitive Landscape Manufacturers Devise Expansion Strategies to Boost Market Presence Globally Prominent companies operating in the market devise expansion strategies to boost market presence and increase sales. For example, Campine utilized advanced technology to expand its recycling efforts in January 2021. This development was undertaken to recycle chemicals from industrial and post-consumer metal trash. This strategy may boost its market reach, attract consumers, and enhance its market reach. Furthermore, companies adopt research and development, mergers, acquisitions, partnerships, and automated production techniques to recover costs and boost their market position. Industry Development December 2021: NAFRA, alongside two universities, began a project to develop recycling and recovery for antimony and bromine from flame retardant plastics. List of Key Players Profiled in the Antimony Market Report Campine NV (Antwerp, Belgium) Huachang Antimony Industry (Yiyang, China) United States Antimony Corp (Montana, U.S.) Korea Zinc Co. Ltd, (Seoul, South Korea) Lambert Metals International (Bushey, U.K.) Mandalay Resources Ltd (Toronto, Canada) NYACOL Nano Technologies (Massachusetts. U.S.) Suzuhiro Chemical & Materials (Ibaraki, Japan)
    Antimony Market Size, Growth | COVID-19 Impact Analysis, 2029
    The global antimony market is projected to grow from USD 0.94 billion in 2022 to USD 1.4 billion in 2029 exhibiting a CAGR of 6.5% during the forecast period
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  • According to research study by Fortune Business Insights™ The global aluminum curtain wall market size is expected to reach USD 62.22 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period. The increasing awareness regarding the advantages of ACW in buildings such as temperature control, sound insulation, and impact resistance will accelerate the Aluminum Curtain Wall growth during the forecast period. The modernizing of existing buildings will spur demand for aluminum curtains owing to its eco-friendly nature and flexible design, which, in turn, will augur well for the market, states Fortune Business Insights in a report, titled “Aluminum Curtain Wall Market Size, Share & Industry Analysis, By Product Type (Stick-built, Unitized, and Others), By Application (Commercial Buildings and Residential Buildings) and Regional Forecast, 2019-2027” the market size stood at USD 33.76 billion in 2019. The inclination towards aluminum due to its recyclable functionality will enable speedy expansion of the market. For instance, in the U.K. over 99% of aluminum frames are recovered from construction waste, which helps in waste reduction and thus, supports the environment.

    Information Source:

    https://www.fortunebusinessinsights.com/aluminum-curtain-wall-market-102782

    Market Driver:

    Rising Investment in Aluminum Extrusion by Key Players to Boost Sales Opportunities

    Aluminum extrusion is utilized in the manufacturing of curtain walling systems. The rising investment by eminent companies to expand their existing Aluminum extrusion capacities will positively impact the market in the forthcoming years. For instance, in June 2018, HAI Extrusion Germany GmbH, a global leader in extruded sections including aluminum, machining, and surface treatment announced that it has strategically invested around US$ 15 million to establish 3300-ton Aluminum extrusion press in Germany. The investment will help the company to better serve the consumers in construction as well as industrial sectors with high-quality Aluminum profiles. Furthermore, the launch of innovative curtain wall systems by renowned companies will subsequently bolster the healthy growth of the market in the forthcoming years. For instance, in October 2019, Kawneer Company Inc, an American manufacturer of architectural aluminum systems and products for the commercial construction industry announced the launch of a new 1620UT/1620UT SSG Curtain Wall system. The system is designed with polymer separator and accommodates 1" insulating glass to endure during high thermal climate. Additionally, mullion depth options offer both aesthetic and structural choices, giving the design team flexibility. 1620UT/1620UT SSG Curtain Wall system was tested as per the United States and Canadian standards.

    Market Restraint:

    High Installation Cost of Curtain Walls to Impede Market Revenue

    The high cost involved in transporting and storing curtain walls leads to an overall elevated cost of aluminum curtain walls, which in turn, will hamper the growth of the market. Periodical maintenance is essential to preserve the aesthetical appeal intact, thus the perpetual maintenance leads to extraordinary costs. Similarly, the necessity for the sealant to be replaced over some time to keep the product quality. The aluminum frames are mostly anodized which further requires proper cleaning as the detergents used to clean the frames can affect the coating surface. The necessity of high skilled laborers to install curtain walls can be a critical factor in restricting the growth of the market. Besides, the unfavorable weather conditions lead to a major delay in installing curtain wall systems, which, in turn, will further obstruct the growth of the market.

    Major Regional Analysis:

    Booming Construction Industry to Augment Growth in Asia Pacific

    The market in Asia Pacific generated a Revenue of 6.42 billion in 2019. The growth in the region is attributed to the flourishing construction industry in emerging nations such as China and India. The abundantly availably aluminum will enable speedy expansion of the market in the forthcoming years. According to the India Brand Equity Foundation (IBEF), India is projected to become the third-largest construction market by 2025. Additionally, favorable government regulations will further aid the expansion of the market in Asia Pacific. For instance, in June 2015, the Indian government announced the Smart Cities Mission to improve the core infrastructure of the selected cities across the country.

    The Report lists the Prominent Companies in the Aluminum Curtain Wall Market:

    ETEM Group
    HansenGroup Limited
    Schüco International KG
    Qingdao Longxiang Building Materials Co., Ltd.
    ALUMIL S.A.
    Reynaers Aluminium
    ALUTECH
    EFCO Corporati
    Kawneer Company Inc.
    TECHNAL
    HUECK System GmbH & Co.KG
    According to research study by Fortune Business Insights™ The global aluminum curtain wall market size is expected to reach USD 62.22 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period. The increasing awareness regarding the advantages of ACW in buildings such as temperature control, sound insulation, and impact resistance will accelerate the Aluminum Curtain Wall growth during the forecast period. The modernizing of existing buildings will spur demand for aluminum curtains owing to its eco-friendly nature and flexible design, which, in turn, will augur well for the market, states Fortune Business Insights in a report, titled “Aluminum Curtain Wall Market Size, Share & Industry Analysis, By Product Type (Stick-built, Unitized, and Others), By Application (Commercial Buildings and Residential Buildings) and Regional Forecast, 2019-2027” the market size stood at USD 33.76 billion in 2019. The inclination towards aluminum due to its recyclable functionality will enable speedy expansion of the market. For instance, in the U.K. over 99% of aluminum frames are recovered from construction waste, which helps in waste reduction and thus, supports the environment. Information Source: https://www.fortunebusinessinsights.com/aluminum-curtain-wall-market-102782 Market Driver: Rising Investment in Aluminum Extrusion by Key Players to Boost Sales Opportunities Aluminum extrusion is utilized in the manufacturing of curtain walling systems. The rising investment by eminent companies to expand their existing Aluminum extrusion capacities will positively impact the market in the forthcoming years. For instance, in June 2018, HAI Extrusion Germany GmbH, a global leader in extruded sections including aluminum, machining, and surface treatment announced that it has strategically invested around US$ 15 million to establish 3300-ton Aluminum extrusion press in Germany. The investment will help the company to better serve the consumers in construction as well as industrial sectors with high-quality Aluminum profiles. Furthermore, the launch of innovative curtain wall systems by renowned companies will subsequently bolster the healthy growth of the market in the forthcoming years. For instance, in October 2019, Kawneer Company Inc, an American manufacturer of architectural aluminum systems and products for the commercial construction industry announced the launch of a new 1620UT/1620UT SSG Curtain Wall system. The system is designed with polymer separator and accommodates 1" insulating glass to endure during high thermal climate. Additionally, mullion depth options offer both aesthetic and structural choices, giving the design team flexibility. 1620UT/1620UT SSG Curtain Wall system was tested as per the United States and Canadian standards. Market Restraint: High Installation Cost of Curtain Walls to Impede Market Revenue The high cost involved in transporting and storing curtain walls leads to an overall elevated cost of aluminum curtain walls, which in turn, will hamper the growth of the market. Periodical maintenance is essential to preserve the aesthetical appeal intact, thus the perpetual maintenance leads to extraordinary costs. Similarly, the necessity for the sealant to be replaced over some time to keep the product quality. The aluminum frames are mostly anodized which further requires proper cleaning as the detergents used to clean the frames can affect the coating surface. The necessity of high skilled laborers to install curtain walls can be a critical factor in restricting the growth of the market. Besides, the unfavorable weather conditions lead to a major delay in installing curtain wall systems, which, in turn, will further obstruct the growth of the market. Major Regional Analysis: Booming Construction Industry to Augment Growth in Asia Pacific The market in Asia Pacific generated a Revenue of 6.42 billion in 2019. The growth in the region is attributed to the flourishing construction industry in emerging nations such as China and India. The abundantly availably aluminum will enable speedy expansion of the market in the forthcoming years. According to the India Brand Equity Foundation (IBEF), India is projected to become the third-largest construction market by 2025. Additionally, favorable government regulations will further aid the expansion of the market in Asia Pacific. For instance, in June 2015, the Indian government announced the Smart Cities Mission to improve the core infrastructure of the selected cities across the country. The Report lists the Prominent Companies in the Aluminum Curtain Wall Market: ETEM Group HansenGroup Limited Schüco International KG Qingdao Longxiang Building Materials Co., Ltd. ALUMIL S.A. Reynaers Aluminium ALUTECH EFCO Corporati Kawneer Company Inc. TECHNAL HUECK System GmbH & Co.KG
    Aluminum Curtain Wall Market Size, Share | Industry Report, 2027
    The global aluminum curtain wall market Size was valued at USD 33.76 billion in 2019 and is expected to reach USD 62.22 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period.
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  • The latest #research report, titled ‘Global Ethoxylates Market’, can be considered a profound analysis of the global Ethoxylates industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Ethoxylates market. The global ethoxylates market size was USD 13.23 Billion in 2021 and is expected to register a revenue CAGR of 3.7% during the forecast period,To know more about the report, visit @ https://www.emergenresearch.com/industry-report/ethoxylates-market
    The latest #research report, titled ‘Global Ethoxylates Market’, can be considered a profound analysis of the global Ethoxylates industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Ethoxylates market. The global ethoxylates market size was USD 13.23 Billion in 2021 and is expected to register a revenue CAGR of 3.7% during the forecast period,To know more about the report, visit @ https://www.emergenresearch.com/industry-report/ethoxylates-market
    Ethoxylates Industry Trend | Ethoxylates Market Forecast 2021-2030
    The global Ethoxylates market size reached USD 13.23 Billion in 2021 and is expected to reach USD 18.31 Billion in 2030 registering a CAGR of 3.7%. Ethoxylates industry report classifies global market by share, trend, growth and based on product type, application, end-use, and region.
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  • IGNOU MBA RC Kohima- Fees, Eligibility & Admission 2022

    The regional centre of Kohima is one of the best in the state of Nagaland. It was established on the 14th of December, 2000 in order to provide best-in-class education to the candidates of the northeastern region. The regional centre has 16 general study centres and four programme study centres.

    https://www.ignouadmissions.com/article/mba-from-ignou-kohima/

    #ignouadmissions #ignou #ignourckohima #ignouregionalcentre #education #college #learning #ignoumba #university #ignounews
    IGNOU MBA RC Kohima- Fees, Eligibility & Admission 2022 The regional centre of Kohima is one of the best in the state of Nagaland. It was established on the 14th of December, 2000 in order to provide best-in-class education to the candidates of the northeastern region. The regional centre has 16 general study centres and four programme study centres. https://www.ignouadmissions.com/article/mba-from-ignou-kohima/ #ignouadmissions #ignou #ignourckohima #ignouregionalcentre #education #college #learning #ignoumba #university #ignounews
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  • The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026.

    Information source:

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

    Drivers –

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

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

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

    Regional Analysis –

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

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

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

    Competitive Landscape –

    Companies Engage in Contracts and Agreements to Stay Ahead of Competition

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

    Notable Marine Lube Market Manufacturers:

    BP p.l.c.
    SINOPEC
    Repsol S.A.
    The PJSC Lukoil Oil Company
    Eni oil Products
    Exxon Mobil Corporation
    Croda International Plc
    AvinOil S.A.
    Total SA
    CEPSA
    Royal Dutch Shell Plc
    Gazprom Neft PJSC
    Chevron Corporation
    Others
    The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026. Information source: https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423 Drivers – Rising Focus on Enhancing the Operability of Ship Engines will Drive Market The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus. Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.” Regional Analysis – Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period. On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future. Competitive Landscape – Companies Engage in Contracts and Agreements to Stay Ahead of Competition An estimate of 85% and more of marine lubricants worldwide are sold through supply agreements and contracts instead of being sold at stock price rates. Therefore, to strengthen their network across different ports for worldwide supply, manufacturers are emphasizing on entering into long-term contracts and agreements with shipping companies. For instance, a framework agreement was signed between CCCC Dredging (Group) Co. Ltd. and Shell for supplying marine lubricants and technical services via 700 ports and more in 61 nations across the globe. Notable Marine Lube Market Manufacturers: BP p.l.c. SINOPEC Repsol S.A. The PJSC Lukoil Oil Company Eni oil Products Exxon Mobil Corporation Croda International Plc AvinOil S.A. Total SA CEPSA Royal Dutch Shell Plc Gazprom Neft PJSC Chevron Corporation Others
    Marine Lubricants Market Size, Share | Global Report, 2026
    The global marine lubricants market size was valued at USD 8.01 billion in 2018, and it is estimated to reach USD 9.47 billion by 2026, with a CAGR of 2.13% over the forecast period.
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  • The global kaolin market price is projected to reach USD 5,833.5 million by 2027, exhibiting a CAGR of 5.1% during the forecast period. Rising awareness about the benefits of china clay in skincare applications will be a prominent growth determinant for this market, states Fortune Business Insights™. For ages, clay has been known to fight skin-harming developments, such as acne. The increasing pollution levels, adoption of unhealthy diet regimes, and constant stress have had severe impacts on general health and skin in particular. Kaolin, or china clay, has emerged as one of the potent acne and oily skin-fighting formulations in recent times. For example, according to experts at the Mount Sinai Hospital in New York, china clay can absorb excess oil without drawing away too much of the skin’s moisture. Thus, people with inherently dry skin or sensitive skin can apply it without worrying about dryness. Further, research at Mount Sinai also showed that green kaolin clay, derived from plant matter and iron oxide, sucks out the dirt and bacteria that cause acne while removing excess oil. With the cosmetics & personal care industry growing rapidly worldwide, the employment of china clay in skincare products is likely to rise in the near future.

    Source: https://www.fortunebusinessinsights.com/kaolin-market-102352

    Restraining Factor

    COVID-19 to Negatively Impact the Paper Industry, Stall Market Growth

    The COVID-19 pandemic outbreak has dealt notable blows to the paper industry as a result of lockdowns, supply chain disruptions, trade restrictions, and economic downturn. According to a study published by North Carolina State University, certain types of paper products have suffered because of the pandemic. For example, the demand for printing paper and copier paper has noticeably shrunk due to the shutdown of colleges and universities worldwide. In India, the Indian Paper Manufacturers Association stated in August 2020 that since March, paper supply chains have undergone widespread upheavals and are still in recovery mode. Moreover, the closure of educational institutions and commercial establishments has further diminished the demand for paper, intensifying the downturn of the domestic paper industry. Kaolin is the most widely utilized mineral in the filling and coating of paper, and with the paper industry getting hit by the coronavirus, the growth of this market will inevitably get stalled.

    Regional Insights

    Asia Pacific to Spearhead the Market Supported by Speedy Economic Development

    Asia Pacific is expected to lead the kaolin market share during the forecast period owing to the remarkable economic growth displayed by countries such as China and India. This growth has augmented the demand for high-end household consumer goods, where china clay is commonly used. The rapid expansion of the middle-class population in the region will also accelerate the growth of the regional market. In 2019, the Asia Pacific market size stood at USD 1,086.9 million.

    In Europe, the heightened demand for packaged food and beverage items amid the COVID-19 pandemic has fueled the uptake of kaolin in the region’s food & beverage industry. On the other hand, in North America, technological advancements in the paper and packaging industries will stoke the regional market.

    Competitive Landscape

    Rising Costs to Force Key Players to Raise Product Prices

    With the demand for high-performance raw materials soaring across various end-user industries, key players in the china clay market are engaged in the development of innovative offerings. However, the costs associated with the production of such materials are escalating worldwide. As a result, several companies are being forced to increase the prices of their products.

    Industry Development:

    December 2020: KaMin LLC and CADAM SAannounced that they would be increasing the price of their kaolin performance minerals by 4% to 9% in the global markets from January 2021. According to the company, the price rise is unavoidable as it needs to offset the growing costs related to logistics and mining operations and to comply with the environmental requirements.







    The global kaolin market price is projected to reach USD 5,833.5 million by 2027, exhibiting a CAGR of 5.1% during the forecast period. Rising awareness about the benefits of china clay in skincare applications will be a prominent growth determinant for this market, states Fortune Business Insights™. For ages, clay has been known to fight skin-harming developments, such as acne. The increasing pollution levels, adoption of unhealthy diet regimes, and constant stress have had severe impacts on general health and skin in particular. Kaolin, or china clay, has emerged as one of the potent acne and oily skin-fighting formulations in recent times. For example, according to experts at the Mount Sinai Hospital in New York, china clay can absorb excess oil without drawing away too much of the skin’s moisture. Thus, people with inherently dry skin or sensitive skin can apply it without worrying about dryness. Further, research at Mount Sinai also showed that green kaolin clay, derived from plant matter and iron oxide, sucks out the dirt and bacteria that cause acne while removing excess oil. With the cosmetics & personal care industry growing rapidly worldwide, the employment of china clay in skincare products is likely to rise in the near future. Source: https://www.fortunebusinessinsights.com/kaolin-market-102352 Restraining Factor COVID-19 to Negatively Impact the Paper Industry, Stall Market Growth The COVID-19 pandemic outbreak has dealt notable blows to the paper industry as a result of lockdowns, supply chain disruptions, trade restrictions, and economic downturn. According to a study published by North Carolina State University, certain types of paper products have suffered because of the pandemic. For example, the demand for printing paper and copier paper has noticeably shrunk due to the shutdown of colleges and universities worldwide. In India, the Indian Paper Manufacturers Association stated in August 2020 that since March, paper supply chains have undergone widespread upheavals and are still in recovery mode. Moreover, the closure of educational institutions and commercial establishments has further diminished the demand for paper, intensifying the downturn of the domestic paper industry. Kaolin is the most widely utilized mineral in the filling and coating of paper, and with the paper industry getting hit by the coronavirus, the growth of this market will inevitably get stalled. Regional Insights Asia Pacific to Spearhead the Market Supported by Speedy Economic Development Asia Pacific is expected to lead the kaolin market share during the forecast period owing to the remarkable economic growth displayed by countries such as China and India. This growth has augmented the demand for high-end household consumer goods, where china clay is commonly used. The rapid expansion of the middle-class population in the region will also accelerate the growth of the regional market. In 2019, the Asia Pacific market size stood at USD 1,086.9 million. In Europe, the heightened demand for packaged food and beverage items amid the COVID-19 pandemic has fueled the uptake of kaolin in the region’s food & beverage industry. On the other hand, in North America, technological advancements in the paper and packaging industries will stoke the regional market. Competitive Landscape Rising Costs to Force Key Players to Raise Product Prices With the demand for high-performance raw materials soaring across various end-user industries, key players in the china clay market are engaged in the development of innovative offerings. However, the costs associated with the production of such materials are escalating worldwide. As a result, several companies are being forced to increase the prices of their products. Industry Development: December 2020: KaMin LLC and CADAM SAannounced that they would be increasing the price of their kaolin performance minerals by 4% to 9% in the global markets from January 2021. According to the company, the price rise is unavoidable as it needs to offset the growing costs related to logistics and mining operations and to comply with the environmental requirements.
    Kaolin Market Size, Share & Growth | Industry Report [2027]
    The global kaolin market size was USD 4,168.8 million in 2019 and is projected to reach USD 5,833.5 million by 2027, exhibiting a CAGR of 5.1% during the forecast period.
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  • IGNOU MBA RC Siliguri – Fees, Eligibility & Admission 2022

    Candidates who are waiting for the admission to MBA degree course can easily visit the IGNOU Regional Centres Siliguri for more details or visit ignou.ac.in for the admission guidelines. The last date is the 31st of July, 2022 for the registration and admission procedure.

    https://www.ignouadmissions.com/article/mba-from-ignou-siliguri/

    #ignouadmissions #ignou #ignourcsiliguri #ignouregionalcentre #education #college #learning #ignoumba #university #ignounews
    IGNOU MBA RC Siliguri – Fees, Eligibility & Admission 2022 Candidates who are waiting for the admission to MBA degree course can easily visit the IGNOU Regional Centres Siliguri for more details or visit ignou.ac.in for the admission guidelines. The last date is the 31st of July, 2022 for the registration and admission procedure. https://www.ignouadmissions.com/article/mba-from-ignou-siliguri/ #ignouadmissions #ignou #ignourcsiliguri #ignouregionalcentre #education #college #learning #ignoumba #university #ignounews
    IGNOU MBA RC Siliguri – Fees, Eligibility & Admission 2022
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  • The global carbon dioxide market size was USD 10.36 billion in 2020. The market is projected to grow from USD 10.69 billion in 2021 to USD 13.65 billion in 2028 at a CAGR of 3.6% during the 2021-2028 period.

    This information is published by Fortune Business Insights™, in its report, titled, “Carbon Dioxide Market, 2021-2028.”

    According to our expert researchers, this gas is utilized in numerous industries for several applications that are generally attained during the generation of hydrogen by steam reforming of natural gas or the making of ethanol by fermentation process.

    Information Source - https://www.fortunebusinessinsights.com/carbon-dioxide-market-102866

    Report Coverage

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

    The regional dynamics and how they shape the market in an upward curve are preasented in the following report. Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the demand for carbon dioxide in the near future.

    Segmentation

    On the basis of the end-use industry, the market is segregated into food & beverage, oil & gas, metal fabrication, medical, and others.

    Amongst these segments, food & beverage accounts for the major share of the market.

    In terms of region, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Drivers and Restraints

    Surging Usage in Medical and Food & Beverage Industries to Fuel Development of Market

    In the medical industry, carbon dioxide (CO2) is utilized as an insufflation gas in various applications involving insignificantly aggressive surgery to alleviate body hollows, cryotherapy, as well as respiratory stimulation. The gas is also utilized for tissue freezing, and tooth sensitivity valuation. Moreover, the widespread usage of CO2 in the promptly increasing medical industry is anticipated to power the carbon dioxide market growth.

    Regional Insights

    Asia Pacific held the largest carbon dioxide market share and was worth USD 3.80 billion in 2020. Asia Pacific is the biggest and fastest-developing region owing to great demand from food & beverage, and medical industries.

    North America is categorized by an increase in demand for oil recovery applications, thus endorsing the usage of this gas in the region.

    The market in Europe is to be administered by the utilization of the gas for carbonation of alcoholic and non-alcoholic beverages in the food & beverage industry.

    Competitive Landscape

    Procurement Engaged by Chief Companies to Support Market Growth

    The prominent players in the market repetitively opt for effective tactics to reinforce their brand value as well as endorse the global market growth of the product with confronting least possible hindrances. One such proficient strategy is obtaining competitive companies and further safeguarding financial benefit for both the involved companies.

    Industry Development

    March 2021: Air Liquide got engaged into a contract with the Gippsland Basin Joint Venture, which is an equal joint venture between BHP Petroleum (Bass Strait) Pty Ltd and Esso Australia Resources Pty Ltd, intended for the construction of novel division to provide carbon dioxide to all Australian industries.

    List of Key Players Covered in the Report

    Linde plc (Ireland)
    Air Products and Chemicals, Inc. (U.S.)
    Air Liquide (France)
    Sicgil India limited (India)
    Matheson Tri-Gas, Inc.(U.S.)
    Universal Industrial Gases, Inc.(U.S.)
    The Messer Group GmbH (Germany)
    SOL Spa (Italy)
    POET, LLC (U.S.)
    Reliant Gases (U.S.)
    India Glycols Limited (India)
    The global carbon dioxide market size was USD 10.36 billion in 2020. The market is projected to grow from USD 10.69 billion in 2021 to USD 13.65 billion in 2028 at a CAGR of 3.6% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Carbon Dioxide Market, 2021-2028.” According to our expert researchers, this gas is utilized in numerous industries for several applications that are generally attained during the generation of hydrogen by steam reforming of natural gas or the making of ethanol by fermentation process. Information Source - https://www.fortunebusinessinsights.com/carbon-dioxide-market-102866 Report Coverage The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. The regional dynamics and how they shape the market in an upward curve are preasented in the following report. Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the demand for carbon dioxide in the near future. Segmentation On the basis of the end-use industry, the market is segregated into food & beverage, oil & gas, metal fabrication, medical, and others. Amongst these segments, food & beverage accounts for the major share of the market. In terms of region, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Drivers and Restraints Surging Usage in Medical and Food & Beverage Industries to Fuel Development of Market In the medical industry, carbon dioxide (CO2) is utilized as an insufflation gas in various applications involving insignificantly aggressive surgery to alleviate body hollows, cryotherapy, as well as respiratory stimulation. The gas is also utilized for tissue freezing, and tooth sensitivity valuation. Moreover, the widespread usage of CO2 in the promptly increasing medical industry is anticipated to power the carbon dioxide market growth. Regional Insights Asia Pacific held the largest carbon dioxide market share and was worth USD 3.80 billion in 2020. Asia Pacific is the biggest and fastest-developing region owing to great demand from food & beverage, and medical industries. North America is categorized by an increase in demand for oil recovery applications, thus endorsing the usage of this gas in the region. The market in Europe is to be administered by the utilization of the gas for carbonation of alcoholic and non-alcoholic beverages in the food & beverage industry. Competitive Landscape Procurement Engaged by Chief Companies to Support Market Growth The prominent players in the market repetitively opt for effective tactics to reinforce their brand value as well as endorse the global market growth of the product with confronting least possible hindrances. One such proficient strategy is obtaining competitive companies and further safeguarding financial benefit for both the involved companies. Industry Development March 2021: Air Liquide got engaged into a contract with the Gippsland Basin Joint Venture, which is an equal joint venture between BHP Petroleum (Bass Strait) Pty Ltd and Esso Australia Resources Pty Ltd, intended for the construction of novel division to provide carbon dioxide to all Australian industries. List of Key Players Covered in the Report Linde plc (Ireland) Air Products and Chemicals, Inc. (U.S.) Air Liquide (France) Sicgil India limited (India) Matheson Tri-Gas, Inc.(U.S.) Universal Industrial Gases, Inc.(U.S.) The Messer Group GmbH (Germany) SOL Spa (Italy) POET, LLC (U.S.) Reliant Gases (U.S.) India Glycols Limited (India)
    Carbon Dioxide Market Size, Share & Growth | Forecast [2028]
    The global carbon dioxide market is projected to grow from $10.69 billion in 2021 to $13.65 billion in 2028 at a CAGR of 3.6% in forecast period, 2021-2028
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