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Carbon Black Market Share Analysis, Size, Price Factors, Business Opportunities in 2027
The global carbon black market size is expected to showcase considerable growth by reaching USD 17,027.1 million by 2027 while exhibiting a CAGR of 4.4% between 2020 and 2027. This growth is attributed to the rising rubber industry and the increasing incidence of road fatalities that is propelling the demand for advanced carbon black globally. This information is published by Fortune Business Insights, in its latest report, titled, “Carbon Black Market Size, Share & Industry Analysis, By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black, Others), Grade (Standard Grade, Specialty Grade), Application (Tire, Non-Tire Rubber, Inks & Coatings, Plastic, Other), and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 12,639.2 million in 2019 and is likely to gain momentum during the forecast period.
What does the Report Include?
The market 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, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies..
DRIVING FACTORS
Increasing Demand for Rubber from Automotive Sector to Propel Market Growth
The increasing number of road accidents and the growing demand for superior ride experience is propelling the car manufacturers to adopt optimum quality tires. According to the report by the World Health Organization, around 1.35 million lives are lost due to road vehicle crashes across the globe. Major companies such as Michelin, MRF, and others are focusing on developing advanced tires to sustain any road conditions that are likely to drive the adoption of carbon black globally. Therefore, the growing demand for rubber from the automotive sector is expected to bode well for the global carbon black market growth in the forthcoming years.
SEGMENTATION
Plastics Segment Held 6.1% Market Share in 2019
The plastics segment, based on application, held a market share of about 6.1% in 2019 and is likely to gain momentum owing to the increasing adoption of plastics across several industrial applications such as oil & gas, ink & coatings, plastics, and automotive.
REGIONAL ANALYSIS
Asia-Pacific to Remain at the Forefront; Increasing Plastic Goods Production to Aid Growth
Among all the regions, Asia-Pacific stood at USD 7,094.5 million in 2019 and is anticipated to hold the highest position in the global carbon black market during the forecast period. This is attributable to the increasing plastic goods production that will propel the demand for advanced carbon black in the region.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/industry-reports/carbon-black-market-101718
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The global plastic additives market size is projected to reach USD 74.61 billion by 2027, exhibiting a CAGR of 6.2% during the forecast period. Escalating demand for personal protective equipment (PPE) amid the COVID-19 pandemic is expected to propel the growth of this market
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The aramid fiber market size is projected to reach USD 7,243.3 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Aramid Fiber Market Size, Share & Industry Analysis, By Product Type (Para, Meta and Others), By Application (Security & Protection, Frictional Materials, Rubber & Tire Reinforcement, Optical Fiber, Electrical Insulation, Aerospace and Others), and Regional Forecast, 2020-2027” the market was worth USD 4,522.6 million and will exhibit a CAGR of 6.5% during the forecast period, 2020-2027.
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.” The report further states that the methanol market size was USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period.
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The report further states that the glycerine market size was USD 1,622.8 million in 2019 and is projected to reach USD 2,405.5 million by 2027, exhibiting a CAGR of 5.2% during the forecast period.
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Geosynthetics Market Demand is Increasing Rapidly by 2027, Fortune Business Insights™
The global geosynthetics market is set to gain traction from the increasing usage of sustainable building materials. Geosystems reduce the usage of natural materials, such as aggregates and sand, thereby simplifying construction activities. In a typical cross-section, for instance, the depth of aggregate layercan be cut off so that less mining is needed for the construction of roads.
The above information is published by Fortune Business Insights™ in a recent report, titled, “Geosynthetics Market Size, Share and Industry Analysis, By Product (Geotextile Geogrid, Geonets, Geocells, Geofoam, Geosynthetic Clay Liner, Geocomposites), By Application and Regional Forecast 2019-2026.” As per the report, the geosynthetics market size stood at USD 27.16 billion in 2018. It is set to reach USD 45.25 billion by 2026, exhibiting a CAGR of 6.6% during the forecast period.
This Report Answers the Following Questions:
· How big is the market?
· What are the geosynthetics market trends and growth drivers?
· Which region would remain at the forefront in the near future?
· Which are the top companies present in the market?
· What are the challenges that the market may face in the coming years?
Drivers& Restraints-
Rising Demand from Mining Sector to Propel Growth
Nowadays, geosynthetic materials are utilized for making waste barriers for mining by-products. Mining activities give out plenty of solid wastes, namely, waste rocks and tailings throughout the entire process that consists of waste disposal and containment. In this sector, geomembrane liners are extensively used for lining solutions, such as tailings impoundments, heap leaching, and evaporation ponds. Numerous organizations are also providing several geomembrane solutions to the mining sector. This sector uses around 40% of the geomembrane production worldwide. These factors are set to boost the geosynthetics market growth during the forthcoming years. However, geogrids are often damaged when they are exposed to UV light and low temperatures. It may hinder the market growth.
Browse Summary of this search
https://www.fortunebusinessinsights.com/geosynthetics-market-102545
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Ultra-high Molecular Weight Polyethylene Market Developing by Forecast period by 2027
The global ultra-high molecular weight polyethylene (UHMWPE) 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.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/ultra-high-molecular-weight-polyethylene-uhmwpe-market-102953
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Plastic Addtives Market Demand Analysis in 2020, Global Revenue, Top Companies Growth Forecast to 2027
The global plastic additives market size is projected to reach USD 74.61 billion by 2027, exhibiting a CAGR of 6.2% during the forecast period. Escalating demand for personal protective equipment (PPE) amid the COVID-19 pandemic is expected to propel the growth of this market, states Fortune Business Insights™ in its report, titled “Plastic Additives Market Size, Share & Industry Analysis, By Type (Plasticizers, Flame Retardants, Stabilizers, Impact Modifiers, Others), By End-Use (Packaging, Construction, Automotive, Consumer Goods, Others), and Regional Forecast, 2020-2027”.
As per the report, the global market value stood at USD 46.59 billion in 2019. The report also features the following:
· Holistic assessment of the factors driving and restraining the market;
· Comprehensive analysis of all possible market segments;
· Careful evaluation of the key market players and their strategies; and
· Detailed research into the regional dynamics shaping the market growth.
Restraining Factor
Staggering Plastic Pollution Levels Worldwide May Limit Market Growth
The plastic additives market growth is likely to be inhibited owing the uncontrollable level of plastic pollution facing the world currently. According to the UN Environment Program (UNEP), at present, nearly 300 million tons of plastic waste is generated every year. A team of researchers led by the University of Leeds in the UK estimates that 1.3 billion tons of plastic will be dumped on land and in the oceans between 2016 and 2040. The researchers also point out that even if immediate measures are put in place, 710 million tons of plastic waste will still be discarded into the oceans and on lands worldwide. This may cast a dark shadow on the adoption of plastic additives in various end-use industries such as automotive and food & beverages as these industries are determinedly utilizing materials that are eco-friendly and biodegradable, in response to growing consumer awareness about sustainable development.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/plastic-additives-market-104448
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Glycerine market Industry Size with Share and Business Expansion Plans till 2027
The global glycerine market is set to gain traction from the increasing demand for bio-based fuels, such as biodiesel backed by rapid industrialization and urbanization. This information is given by Fortune Business Insights™ in a new report, titled, “Glycerine Market Size, Share & Industry Analysis, By Grade (USP Grade, and Technical Grade), By Application (Personal Care, Food & Beverages, Pharmaceuticals, Polyether Polyols, Chemical Intermediate, and Others), and Regional Forecast, 2020-2027.” The report further states that the glycerine market size was USD 1,622.8 million in 2019 and is projected to reach USD 2,405.5 million by 2027, exhibiting a CAGR of 5.2% during the forecast period.
How Was This Report Developed?
Our highly skilled analysts have conducted extensive primary and secondary research to create this special report containing COVID-19 impact. Through desk research, they came up with relevant qualitative and quantitative data associated with research objectives. They have analyzed the data sourced through primary research, thereby building recommendations and conclusions. The secondary research includes Porter’s Five Forces analysis to gain insights into the bargaining power of every link present in the value chain.
Drivers & Restraints-
Rising Adoption of Natural & Organic Ingredients by Cosmetics Firms to Aid Growth
The rising inclination of consumers towards naturalpersonal care and cosmetics products is set to propel the glycerine market growth in the coming years. This is mainly occurring because of the increasing awareness programs among the masses regarding the harmful effects of chemical ingredients. Hence, multiple reputed cosmetic manufacturers, such as L’Oréal,P&G, Unilever, and Johnson & Johnson are extensively using natural and organic ingredients to cater to the high demand. However, as glycerine is obtained during the biodiesel manufacturing process as a by-product, refiners are facing challenges in terms of profit margins and production owing to the fluctuations in prices. It may hinder growth.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/glycerine-market-102168
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Geosynthetics Market Business Growth Drivers and Restraints Created by COVID-19 Outbreak | Finds Fortune Business Insights™
The global geosynthetics market is set to gain traction from the increasing usage of sustainable building materials. Geosystems reduce the usage of natural materials, such as aggregates and sand, thereby simplifying construction activities. In a typical cross-section, for instance, the depth of aggregate layercan be cut off so that less mining is needed for the construction of roads.
The above information is published by Fortune Business Insights™ in a recent report, titled, “Geosynthetics Market Size, Share and Industry Analysis, By Product (Geotextile Geogrid, Geonets, Geocells, Geofoam, Geosynthetic Clay Liner, Geocomposites), By Application and Regional Forecast 2019-2026.” As per the report, the geosynthetics market size stood at USD 27.16 billion in 2018. It is set to reach USD 45.25 billion by 2026, exhibiting a CAGR of 6.6% during the forecast period.
This Report Answers the Following Questions:
· How big is the market?
· What are the geosynthetics market trends and growth drivers?
· Which region would remain at the forefront in the near future?
· Which are the top companies present in the market?
· What are the challenges that the market may face in the coming years?
Drivers& Restraints-
Rising Demand from Mining Sector to Propel Growth
Nowadays, geosynthetic materials are utilized for making waste barriers for mining by-products. Mining activities give out plenty of solid wastes, namely, waste rocks and tailings throughout the entire process that consists of waste disposal and containment. In this sector, geomembrane liners are extensively used for lining solutions, such as tailings impoundments, heap leaching, and evaporation ponds. Numerous organizations are also providing several geomembrane solutions to the mining sector. This sector uses around 40% of the geomembrane production worldwide. These factors are set to boost the geosynthetics market growth during the forthcoming years. However, geogrids are often damaged when they are exposed to UV light and low temperatures. It may hinder the market growth.
Browse Summary of this search
https://www.fortunebusinessinsights.com/geosynthetics-market-102545
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Text
Cosmetics packaging Market Research Report Global Industry Analysis, Business Development, by 2026
The global cosmetics packaging market is likely to witness significant growth owing to factors such as increasing awareness for personal care and rising adoption for cosmetics during the forecast period. Fortune Business Insights, published this information, in its latest report, tiled“Cosmetic Packaging Market Size, Share & Industry Analysis, By Material Type (Plastic, Glass, Metal, Others), By Cosmetic Type (Hair Care, Skin Care, Make-up, Nail Care, Others) Others and Regional Forecast, 2019-2026.”
Cosmetic packaging serves the basic goal of protecting the product from several external factors such as heat, light, moisture, dirt, and dust that may degrade the quality of the cosmetic products. Furthermore, efficient packaging enables safety of the products during transportation and logistics. Moreover, several motivational research has shown that efficient and reliable packaging of the cosmetic product drive the consumer-buying pattern positively. As the famous quote goes by “The books is Judged by its Cover”, likewise a good and reliable packaging is expected to drive the growth of the market during the forecast period.
What does the Report Include?
The market report includes detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Furthermore, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, merger and acquisitions, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.
Drivers and Restraints:
Increasing Adoption of Organic Ingredients to Boost Demand
Consumer awareness for natural ingredients over synthetic ingredients is rising in developed economies. This presents a positive picture for manufacturers and exporters of organic cosmetics from developing economies to cater to the rising demand that will boost the growth of the market during the projected horizon. Moreover, increasing adoption of organic materials such as vegetable oils, essential oils, and natural colorants in soaps, makeup kits, and deodorants will contribute to the growth of the market during the forecast period. Moreover, rising environmental concerns is fueling the demand for organic ingredients and the companies operating in the market are focusing on developing synthetic-free products. This will drive the growth of the market in the forthcoming years.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
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Acrylonitrile Butadiene Styrene Market See High Growth in Upcoming Year by 2027
The global acrylonitrile butadiene styrene market size is projected to reach USD 42,809.5 million by 2027, exhibiting a CAGR of 6.9% during the forecast period. Phenomenal growth in the global construction industry will be a prime growth driver for this market, states Fortune Business Insights™ in its report, titled “Acrylonitrile Butadiene Styrene Market Size, Share & Industry Analysis, By Application (Appliances, Automotive, Consumer Goods, Construction, Electronics, and Others), and Regional Forecast, 2020-2027”. The construction industry has entered a phase of prolific expansion due to the rapid growth in world population and proliferation of residential and commercial spaces in urban areas. According to a study by Oxford Economics and Global Construction Perspectives, the volume of construction output is slated to grow by 85%, hitting a value of USD 15.5 trillion by 2030. Led by construction activities in China, India, and the US, Oxford Economics, in a recent report predicted that even amid the COVID-19 pandemic, the construction industry will rise by 35% and reach USD 5.8 trillion by 2030. Acrylonitrile butadiene styrene (ABS), a versatile thermoplastic, is known for its structural sturdiness, superior impact strength, resistance to corrosive chemicals, and excellent mechanical and insulating properties, making it an essential component in the construction of buildings. Thus, as construction activities surge around the world, the demand for ABS is likely to remain steady over the forecast period.
The report states that the global market value in 2019 was at USD 25,135.0 million. The main highlights of the report include:
· Surgical analysis of the major market drivers, trends, and restraints;
· In-depth diagnosis of each and every market segment;
· Unmatched research into the regional developments and prospects of the market; and
· Valuable insights into the profiles and strategies of the key market players.
Regional Insights
North America to Command Revenue Share; Asia Pacific to Dominate the Overall Market
In terms of revenue, North America is envisioned to lead the global ABS market owing to the rising demand for lightweight automobiles in the region, supported by the spreading awareness about fuel efficiency and economy of vehicles among consumers across the US and Canada. The other factor responsible for the high revenue generation in the North America market is the extensive adoption of ABS and other polymer-based materials in the healthcare industry to combat the corona virus.
Asia Pacific, where the market size stood at USD 14,244.2 million in 2019, is expected to dominate the overall acrylonitrile butadiene styrene market share during the forecast period on account of the exponential growth of the construction industry in India and China. Increasing disposable incomes of car buyers in these two countries will also allow the regional market to register robust growth in the coming years.
Browse Summary of this Research
https://www.fortunebusinessinsights.com/acrylonitrile-butadiene-styrene-abs-market-104538
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Coating Resins Market Overview, Top Manufacturers, Industry Growth Analysis and Forecast to 2027, Fortune Business Insights™
The global coating resins market is set to gain impetus from the increasing development of greener processes by producers of final coating formulations, additives, pigments, and resins. This information is given by Fortune Business Insights™ in a new study, titled, “Coating Resins Market Size, Share & Industry Analysis, By Resins (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Others), By Formulating Technology (Water-based, Solvent-based, Powder, and Others), By End-use Industry (Architectural Coatings, General Industrial Coatings, Powder Coatings, Wood Coatings, Automotive OEM Coatings, Automotive Refinish Coatings, Protective Coatings, Packaging Coatings, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the coating resins market size was USD 33,707.6 million in 2019 and is projected to reach USD 47,412.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period.
How Did We Create This Report?
As customer expectations are changing, the aspirations of dealers are also transforming rapidly. Distribution channels are becoming complex. To provide our clients with detailed information, we have conducted extensive primary and secondary research. We have thoroughly investigated each opportunity qualitatively and quantitatively so that our clients get a complete picture of both emerging and existing opportunities. We have also conducted a techno-economic study.
Drivers & Restraints-
Increasing Need to Develop Environmental-compatible Processes to Boost Growth
Nowadays, the availability of limited petrochemical resources and the rising environmental issues are resulting in the increasing research and development activities worldwide. These are meant for the development of bio-based polymers. Several manufacturers are striving to provide environmental-compatible goods and processes for a wide range of industries. Commercial epoxy resins can be easily epoxidized and they are cost-effective. These factors are expected to bolster the coating resins market growth in the coming years. However, the usage of alkyds in various coatings can be harmful for humans and the environment. It may hamper growth.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/coating-resins-market-104535
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Methanol Market Size, Share & Industry Analysis, By Feedstock (Natural Gas, Coal, Biomass & Forecast Report 2027
The global methanol market is set to grow astonishingly backed by the rising shift of the transportation industry towards methanol-powered vehicles. The main reason for this is that methyl reduces the emissions of carbon dioxide in the atmosphere. This information is given by Fortune Business Insights™ in a new report, titled, “Methanol Market Size, Share & Industry Analysis, By Feedstock (Natural Gas, Coal, Biomass & Renewables), By Derivative (Formaldehyde, Acetic Acid, MTBE, DME, Gasoline Blending, Biodiesel, MTO/MTP, Solvent, and Others), By Application (Construction, Automotive, Electronics, and Others) and Regional Forecast, 2020-2027.” The report further states that the methanol market size was USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period.
COVID -19 Impact
The emergence of the COVID-19 pandemic is causing huge losses for numerous industries. Some of them have resumed operations by reducing their workforce and maintaining social distancing. Our reports are specially created to provide elaborate information about the present scenario of every market. You can select the best strategy to intensify competition and gain business confidence.
This Report Answers the Following Questions:
· What are the current trends and dynamics of the market?
· Which region is expected to dominate the market?
· What are the market drivers and hindrances?
· How will the companies cope with the COVID-19 pandemic?
Drivers & Restraints-
High Demand from Automotive & Construction Industries to Aid Growth
Heavy fuels, namely, diesel and gasoline are considered to be the major causes of environmental pollution. They often result in global warming and rapid changes in climate. Hence, the fuel industry is inclining towards methanol-infused fuels to lower the severe climatic conditions. Methyl is also used extensively as a transportation fuel owing to its possession of multiple properties. When mixed with gasoline, it reduces the toxic emissions. Apart from that, its high demand from construction and automotive industries would also contribute to the methanol market growth in the coming years. However, the outbreak of the COVID-19pandemic is expected to affect the market negatively as the manufacturers have shut down their plants temporarily.
Browse Summary Of This Research:
https://www.fortunebusinessinsights.com/industry-reports/methanol-market-101552
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Respiratory protective Equipment market Business Status by Top Key Companies, Industry Key Challenges b y 2027 | Fortune Business Insights™
The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & Industry Analysis, Types By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA),Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027”. In July 2020, scientists from 32 countries provided strong evidence of airborne transmission of the COVID-19 infection in an open letter to the World Health Organization (WHO). The study, led by a team from Peking University in China, found that COVID patients could exhale millions of virus particles per hour, spreading the infection in vast quantities. Previously, the WHO had stated that the virus spread only through respiratory droplets or physical contact. Now, with new evidence pointing toward air transmission of the virus, the demand for respiratory protective equipment is likely to spike, mainly in healthcare facilities, where workers are in constant proximity to coronavirus and other patients.
The report states that the global market value stood at USD 6.54 billion in 2019 and features the following highlights:
· Accurate computation of relevant market figures and values;
· Thorough evaluation of the factors driving and obstructing market growth;
· Tangible analysis of all the market segments; and
· Exhaustive examination of the competitive landscape and regional dynamics influencing the market.
Market Driver
Extensive Utilization of RPE in Mining Industry to Stoke Growth
Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534
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Plastic Additives Market Size, Share Analysis, Growth, Recent Trends, Business Opportunities to 2027
The global plastic additives market size is projected to reach USD 74.61 billion by 2027, exhibiting a CAGR of 6.2% during the forecast period. Escalating demand for personal protective equipment (PPE) amid the COVID-19 pandemic is expected to propel the growth of this market, states Fortune Business Insights™ in its report, titled “Plastic Additives Market Size, Share & Industry Analysis, By Type (Plasticizers, Flame Retardants, Stabilizers, Impact Modifiers, Others), By End-Use (Packaging, Construction, Automotive, Consumer Goods, Others), and Regional Forecast, 2020-2027
As per the report, the global market value stood at USD 46.59 billion in 2019. The report also features the following:
· Holistic assessment of the factors driving and restraining the market;
· Comprehensive analysis of all possible market segments;
· Careful evaluation of the key market players and their strategies; and
· Detailed research into the regional dynamics shaping the market growth.
Restraining Factor
Staggering Plastic Pollution Levels Worldwide May Limit Market Growth
The plastic additives market growth is likely to be inhibited owing the uncontrollable level of plastic pollution facing the world currently. According to the UN Environment Program (UNEP), at present, nearly 300 million tons of plastic waste is generated every year. A team of researchers led by the University of Leeds in the UK estimates that 1.3 billion tons of plastic will be dumped on land and in the oceans between 2016 and 2040. The researchers also point out that even if immediate measures are put in place, 710 million tons of plastic waste will still be discarded into the oceans and on lands worldwide. This may cast a dark shadow on the adoption of plastic additives in various end-use industries such as automotive and food & beverages as these industries are determinedly utilizing materials that are eco-friendly and biodegradable, in response to growing consumer awareness about sustainable development.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/plastic-additives-market-104448
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Glycerine market Expanding Worldwide Size Share Growth by 2027; Fortune Business Insights
The global glycerine market is set to gain traction from the increasing demand for bio-based fuels, such as biodiesel backed by rapid industrialization and urbanization. This information is given by Fortune Business Insights™ in a new report, titled, “Glycerine Market Size, Share & Industry Analysis, By Grade (USP Grade, and Technical Grade), By Application (Personal Care, Food & Beverages, Pharmaceuticals, Polyether Polyols, Chemical Intermediate, and Others), and Regional Forecast, 2020-2027.” The report further states that the glycerine market size was USD 1,622.8 million in 2019 and is projected to reach USD 2,405.5 million by 2027, exhibiting a CAGR of 5.2% during the forecast period.
How Was This Report Developed?
Our highly skilled analysts have conducted extensive primary and secondary research to create this special report containing COVID-19 impact. Through desk research, they came up with relevant qualitative and quantitative data associated with research objectives. They have analyzed the data sourced through primary research, thereby building recommendations and conclusions. The secondary research includes Porter’s Five Forces analysis to gain insights into the bargaining power of every link present in the value chain.
Drivers & Restraints-
Rising Adoption of Natural & Organic Ingredients by Cosmetics Firms to Aid Growth
The rising inclination of consumers towards naturalpersonal care and cosmetics products is set to propel the glycerine market growth in the coming years. This is mainly occurring because of the increasing awareness programs among the masses regarding the harmful effects of chemical ingredients. Hence, multiple reputed cosmetic manufacturers, such as L’Oréal,P&G, Unilever, and Johnson & Johnson are extensively using natural and organic ingredients to cater to the high demand. However, as glycerine is obtained during the biodiesel manufacturing process as a by-product, refiners are facing challenges in terms of profit margins and production owing to the fluctuations in prices. It may hinder growth.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/glycerine-market-102168
0 notes