Solvents Marketand its Types and Application The global solvents market size is projected to reach USD 67,837.8 million by 2028, exhibiting a CAGR of 6.0% during the forecast period. Fortune Business Insights in its report, titled “Solvents Market, 2021-2028”, states that the value of this market stood at USD 43,845.7 million in 2020. With the paints & coatings industry reeling from the effects of the economic fallout caused by the COVID-19 pandemic, the solvents market growth is facing a notable decline. The primary reasons for this market’s truncated growth in 2020 include the massive shortage of factory workers, closure of manufacturing facilities, and shrinking availability of raw materials. In 2020, the market’s growth rate fell by 2.96% and it is predicted to reach USD 45,058.8 million in 2021. AGC Chemicals Develops Eco-friendly Solutions for Cleaning Medical Devices In March 2020, AGC Chemicals Americas announced the development and launch of AsahiKlin™ AE-3000 and AMOLEA™ AT2, the company’s newest fluorinated solvents. The novel offerings have been formulated to enable manufacturers to adhere to the stringent environmental regulations for the precision cleaning of medical devices. With traditional solvents such as n-propyl bromide and trichloroethylene being investigated by the US Environmental Agency for potential risks, AGC’s new formulations can function as the perfect alternative solutions for the manufacturing of chemicals for various end-use applications. Moreover, the solutions have no ozone depletion properties, low surface tension, and low global warming potential, making them ideal for cleaning a wide range of critical medical devices. Increasing Demand for Paints & Coatings to Propel the Market Paints and coatings are critical components in construction and building operations. With construction and infrastructure development activities gathering rapid momentum around the globe, the application areas of paints and coatings are speedily widening. For example, a study by Oxford Economics forecasts that the output value of construction activities will surge by 85% through 2030, reaching USD 15.5 trillion. This growth will be led by the intensifying demand for buildings & constructions in China, India, and the U.S. Solvents are highly useful in preventing the formation of clumps and globs in paints, while their cost-effectiveness, durability, and temperature resistance make them suitable in the formulation of coatings. Thus, the incredible growth of the construction industry will spawn spectacular opportunities for specialty chemicals in the forthcoming decade. Industrial Cleaning Segment to Showcase Promising Progress On the basis of application, the market has been divided into paints & coatings, printing inks, industrial cleaning, adhesives, and others. Among these, the industrial cleaning segment is expected to display excellent growth prospects as solvents are extensively deployed in industrial settings to remove dirt, dust, and oil remnants that gather on surfaces and crevices of machines, equipment, and the shop floor. In 2020, this segment held a share of 14.0% in the global market and a share of 13.6% in the China market. Based on product type, the market is categorized into alcohols, ketones, esters, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Information Source: https://www.fortunebusinessinsights.com/industrial-solvents-market-102135

The global ultra-high molecular weight polyethylene market size is estimated to showcase eminent growth owing to the increasing demand from the aerospace and defense industry, observes Fortune Business Insights™ in its report, titled, “Ultra-High Molecular Weight Polyethylene Market Size, Share & Covid-19 Impact Analysis, By Form (Sheets & Films, Rods & Tubes, Fibers, Tapes, and Others), By End-Use (Automotive, Aerospace & Defense, Medical, Chemical, Electronics, and Others) and Regional Forecast, 2020-2027.” The market size was USD 1,691.2 million in 2019 and is anticipated to reach USD 3,319.0 million by 2027, exhibiting a CAGR of 10.1% during the forecast period. Highlights of the Report: In order to prepare this report, we have captured data on the revenue of several key players through secondary sources such as company websites, corporate filings, annual reports, and investor presentations. We have conducted extensive interviews with key industry experts, such as CEOs, VPs, directors, and executives in order to track and analyze competitive developments such as partnerships, mergers & acquisitions, new product launches, and research & development activities. Our next step included the bottom-up procedure to arrive at the overall size of the market. Drivers & Restraints- Increasing Demand for Protective Gear from Aerospace and Defense Industry to Drive Growth The increasing demand for protective gear and equipment from the aerospace and defense industry, coupled with the high demand for a durable material to make fuel-efficient vehicles in the automotive industry is anticipated to drive the ultra-high molecular weight polyethylene market growth. In addition, the increasing military spending among nations is predicted to further strengthen the demand for UHMWPE. For instance, as per an article published on the World Economic Forum, in 2017, the military expenditure worldwide was estimated to reach USD 1739 billion. However, the high cost associated with the product is projected to hinder the growth of UHMWPE. Regional Insights- Increasing Demand for Electric Vehicles in U.S. to Help North Browse Summary: https://www.fortunebusinessinsights.com/ultra-high-molecular-weight-polyethylene-uhmwpe-market-102953

Silt Curtain Market Size, Share And Major Industry Players Forecast (2020-2027) According to a report published by Fortune Business Insights, the market was worth USD 7,765.7 Thousand in 2019 and will exhibit a CAGR of 3.8% during the forecast period, 2020-2027. The global silt curtain market is projected to reach USD 10,271.8 Thousand by the end of 2027. Increasing demand for the product owing to widespread applications will emerge in favor of market growth. Silt curtains are primarily used in construction activities that are associated with, on, or near water bodies. They prevent unwanted sediments and substances from entering the waterways, thus minimizing pollution. These products are normally used to prevent damage to aquatic life. The increasing awareness regarding the preservation of aquatic life, spread by leading authorities across the world, will lead to wider adoption of the product. The increasing number of building and construction activities on and near the shores will contribute to the growing demand for the product across the world. Moreover, the efforts taken to minimize soil erosion will emerge in favor of the companies operating in the market. The massive investment in the development of efficient products will aid the growth of the overall market in the coming years. Increasing Construction Activities Will Provide Impetus to Market Growth The report encompasses several factors that have contributed to the growth of the market in recent years. It also discusses the impact on these factors on the growth of the market from a global perspective. The growth of the construction industry is attributable to factors such as technological advances in devices used, ease of availability of resources, and increasing investments. The increasing building and construction activities have led to a wide product adoption and subsequently high demand for silt curtains across the world. Applications of these products across diverse industry verticals have emerged in favor of the companies operating in the market. Moreover, the increasing demand for oil and gas resources, coupled with the rise in offshore as well as onshore drilling activities will have a positive impact on the growth of the market. Despite the massive potential held by the product, the coronavirus outbreak will bring stagnancy in the growth rate in the year 2019. Having said that, the market will witness new growth opportunities in the coming years owing to the efforts taken by large scale companies to compensate for the losses in the outbreak. North America; Rising Infrastructure Development Activities Will Aid Growth The report analyzes the ongoing market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these regions, the market in Asia Pacific accounts for the highest market share. The constantly rising construction population and subsequently rising construction and building activities will aid the growth of the market in the coming years. The focus on improving the interior architectures and infrastructures in numerous countries across this region will contribute to the growth of the market. Additionally, increasing product demand in emerging countries such as India, China, and Japan will bode for the growth of the regional market. Besides Asia Pacific, the market in North America will witness considerable growth owing to the increase onshore activities in the United States. As of 2019, the market in North America was worth USD 2.23 billion and this value is projected to increase further in the coming years. Information Source: https://www.fortunebusinessinsights.com/silt-curtain-market-102808

Bioplastics Market Size, Share And Major Industry Players Forecast (2020-2028) The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940

Automotive Plastics Market Size, Share And Major Industry Players Forecast (2020-2027) The global automotive plastics market size is expected to hit USD 53.85 billion by 2027. This is attributable to the rising automotive sector and the growing demand for additive manufacturing in automotive sector during the forecast period. This information is published by Fortune Business Insights, in its latest report, titled, “Automotive Plastics Market Size, Share & COVID-19 Impact Analysis, By Type (Polypropylene, Polyurethane, Polyamide, Polyvinylchloride, Acrylonitrile Butadiene Styrene, Polycarbonate, Polyethylene, and Others), By Application (Interior, Exterior, and Under Bonnet), and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 40.91 billion in 2019 and is likely to exhibit a CAGR of 5.3% between 2020 and 2027. Automotive plastics are type of polymers adopted in the production of automobiles. Generally, four types of plastics are used such as polyurethane, PVC, polypropylene, and polyamides. The plastics are mostly used to reduce the vehicle weight that lead to better fuel consumption and performance. What does the Report Include? The market report includes detailed quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. Furthermore, it includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce novel products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years. DRIVING FACTORS Increasing Adoption of Advanced Technologies to Favor Growth The growing demand for fuel-efficient automobiles is propelling the manufacturers to adopt advanced technologies such as additive manufacturing. The increasing adoption of 3D printing technology to develop lightweight and advanced plastic products is expected to drive the demand for advanced automotive plastics across the globe. In addition to this, high disposable income and the improved living standards of the people globally is driving the sales of automotive that will contribute to the growth of the global automotive polymers market during the forecast period. SEGMENTATION Exterior Segment Held 28.1% of Market Share in 2019 The exterior segment, based on application, held a market share of about 28.1% in 2019 and is likely to gain momentum backed by the surging adoption of automotive plastics in the exterior of vehicles to prevent corrosion and deformation of components. Information Source: - https://www.fortunebusinessinsights.com/automotive-plastics-market-102023

Battery Materials Market Size, Share And Major Industry Players Forecast (2020-2026) The global battery materials market size is expected to reach USD 60.61 billion by 2027 while exhibiting a CAGR of 5.9% between 2020 and 2027. This is attributable to the increasing demand for electric vehicles and the favorable government regulations that promote the adoption of green energy sources that will favor the adoption of advanced battery materials across the globe. This information is published by Fortune Business Insights, in its latest report. The report further mentions that the market stood at USD 47.75 billion in 2019 and is projected to gain momentum in the forthcoming years. Disruption in Procurement of Raw Materials amid COVID-19 to Limit Growth Prospects The global pandemic, COVID-19, has led to significant disruption in supply chain across the globe. This has completely paralyzed the growth prospects of several industries. The difficulty in procurement of raw materials amid the novel coronavirus has led to major delays in production and manufacturing activities across the automotive, logistics, and electronics sector. This is likely to hinder the growth of the market to some extent. However, once the condition improves the market will showcase considerable growth in the forthcoming years. Battery materials consist of several metals such as lithium, graphene, nickel, lead, coppers, manganese, and aluminum, among others. Additionally, it involves two types mainly cathode materials and anode materials. The cathode materials include lithium iron phosphate, lithium cobalt oxide, lithium manganese oxide, and lithium nickel cobalt aluminum oxide. The anode materials are generally graphite. DRIVING FACTORS Increasing Demand for Electric Vehicles to Promote Growth The stringent government regulations to limit the emission norms are propelling the demand for advanced electric vehicles. The EVs consists of battery materials such as Li-ion batteries that are stable and can be recharged several hundred times. Additionally, they posses high energy density, along with excellent voltage capacity, compared to other rechargeable batteries. Therefore, the increasing focus on developing energy-efficient automotive by the manufacturers is expected to contribute to the growth of the global battery materials market in the forthcoming years. SEGMENTATION Lead Acid Segment Held 35.10% Market Share in 2019 The lead acid segment, based on battery type, held a market share of about 35.10% in 2019 and is expected to gain momentum owing to the increasing demand for passenger vehicles that is likely to surge the adoption of advanced battery materials in countries such as India and China. Source:https://www.fortunebusinessinsights.com/industry-reports/battery-material-market-101074

Custom Packaging Market Size, Growth Factors, Top Leaders, Development, Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2030 The global custom packaging market size was valued at USD 42.01 billion in 2022 and is expected to be worth USD 43.88 billion in 2023. The market is projected to reach USD 63.07 billion by 2030, recording a CAGR of 5.32% during the forecast period. Custom packaging refers to the using various packaging techniques and methods to make a product as per customers’ requirements. Such packaging solutions reduce the need to use additional packaging, thereby saving companies a lot of time and cost. Using custom packaging solutions can help organizations improve their customers’ shopping experience and boost their brand image and value in the market. Such features are expected to bolster the custom packaging market growth. Fortune Business Insights™ displays this information in a report titled, "Custom Packaging Market, 2023-2030." COVID-19 Impact: Pandemic Slowed Production of Custom Packaging Solutions The COVID-19 pandemic had a severe effect on the functioning of several end-use industries across the globe as there were multiple supply chain disruptions, which slowed or halted the production process. This market experienced sluggish growth during the outbreak as there was a serious shortage of raw materials and labor. Governments had also imposed lockdowns and movement restrictions, which further reduced the demand for custom packaging. Drivers and Restraints: Growing Preference for Attractive Packaging Solutions to Improve Market Growth Many companies are opting for customized packaging solutions as they are considered the most ideal way to ship fragile products or items that have a unique design and shape. The market is witnessing notable growth as the demand for attractive packaging solutions is rising across the world. Such packaging solutions can not only make products look more appealing to customers but also help companies expand their customer base. Such factors are expected to drive the market growth. However, the upfront investments in these products are quite high and designing and developing customized products consume a lot of time and effort. These aspects can restrain the market’s development. Regional Insights: North America Market to Record Strong Growth Due to Presence of Reputed Packaging Companies North America is expected to dominate the market as the region has a vast presence of leading companies that specialize in personalized packaging solutions. The regional industry is constantly introducing innovative technologies, which will further fuel the regional market growth. Europe is anticipated to be the fastest-growing region as the demand for attractive packaging solutions is rising from the region’s cosmetics sector. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/custom-packaging-market-107677

Silicon Carbide Fibers Market Size, Growth Factors, Top Leaders, Development, Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2029 The global silicon carbide fibers market size was USD 501.9 million in 2021. The market is projected to grow from USD 572.8 million in 2022 to USD 3,758.4 million by 2029, exhibiting a CAGR of 30.8% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Silicon Carbide Fibers Market, 2022-2029.” Segments: Continuous Segment to Dominate Market Due to High Demand from the Nuclear Power Generation Industry Based on form, the market is segmented into continuous, woven, and others. The continuous segment accounted for the leading silicon carbide fibers market share and is anticipated to continue its dominance during the forecast timeframe. Composites Segment to Lead Due to its ability to Withstand Extreme Adverse Conditions By usage, the market is bifurcated into composites and non-composites. The composites segment is estimated to grow at the highest growth rate during 2022-2029. Aerospace & Defense Segment Held Dominant Share Owing to Increased Product Application Areas Based on application, the market is segmented into aerospace & defense, energy & power, industrial, and others. The aerospace segment held the highest silicon carbide fibers market price in 2021. Report Coverage: The report offers a detailed study of the silicon carbide fibers 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 silicon carbide fibers market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. Drivers and Restraints: Surging Demand for Ceramic Metric Composites from Numerous Industries to Fuel Product Consumption The rising adoption of silicon carbide-based fibers in CERAMIC MATRIX COMPOSITES (CMCs) will flourish the silicon carbide fibers market application growth during the forecast timeframe. The growth is attributed to beneficial characteristics such as superior thermal resistance and high mechanical strength. Additionally, SiC fiber offers excellent properties, including corrosion resistance, oxidation resistance, adjustable resistivity, and low density, making it an ideal reinforcement in CMCs and incomparable to other inorganic fibers. Browse Summary: https://www.fortunebusinessinsights.com/silicon-carbide-fibers-market-107072

Acetic Acid Market Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges and Global Forecast 2028 The global acetic acid market size is expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Flat Glass Market Growth Accelerating at a Rapid Pace due to Innovative Strategies | According to a recently published report by Fortune Business Insights The global flat glass market is likely to gain traction from the rapid industrialization. It is driving the demand for flat glass as they are being used extensively in the commercial buildings to conserve energy. It is done by maximizing the usage of natural light. Fortune Business Insights™ provided this information in a recent report, The report further states that the flat glass industry share was USD 98.37 billion in 2018 and is projected to reach USD 153.21 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Segment- Ability to Improve Solar Gain will Drive Growth of the Coated Segment Based on product type, the market is categorized into toughened, laminated, extra clear, coated, and others. Out of these, in 2018, the coated segment held 23.9%flat glass market share. This growth is attributable to the possession of numerous beneficial properties of coated flat glass. These include enhanced self-cleaning, hydrophobic, anti-reflection, and insulation properties. Such glass aids in improving solar gain and in maintaining the heat inside the building. The laminated segment, on the other hand, holds the major share fueled by their upsurging demand from the construction and automotive industries. It is because they are capable of remaining intact when broken. Regional Analysis- Asia Pacific to Remain at the Forefront Stoked by Rising Infrastructural Development Geographically, the market is divided into the Middle East and Africa, South America, Asia Pacific, Europe, and North America. Amongst these, Asia Pacific generated USD 53.41 billion in 2018in terms of market revenue. This growth is mainly attributable to the rising investments by the governments of various countries in infrastructural development, as well as construction activities. Besides, China, being the largest contributor to the demand for flat glass, would propel the overall growth in this region. North America is expected to grow considerably backed by the presence of various government regulations on constructing energy efficient buildings. Source:https://www.fortunebusinessinsights.com/flat-glass-market-102720