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Permanent Magnet Market Analysis By Future Demand, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2026

The global permanent magnet market growth is expected to reach USD 34.70 billion by 2026 attributed to their increasing use in the hybrid electric vehicle production. A permanent magnet is an object that possesses magnetic properties even in the absence of a magnetic field. They have two magnetic ends called the north pole and south pole respectively. They are used in different types of motors such as loudspeakers, various appliances, HVAC, and others. A recently published report by Fortune Business Insights titled, Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others), and Regional Forecast, 2019-2026,” offers a comprehensive overview of the market. According to this report,

The global permanent magnet market stood at USD 17.85 Billion in 2018 and is likely to rise at a CAGR of 8.7% between 2019 to 2026.

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. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

 

We are making 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.

 

What are the Highlights of the Report?

 

The report offers a 360-degree analysis of the market and discusses factors such as drivers, restraints, challenges, and upcoming opportunities of the market. It also throws light on the table of segmentation of the market based on factors such as type, application, and geography, and names of the leading segment.  Moreover, the report discusses major industry developments, current trends, and other interesting insights into the market. It also highlights the names of players functioning in the market and the key strategies adopted by them to gain momentum in the market.

 

Market Drivers

Increasing Popularity of Hybrid Vehicles will Add Impetus to Market

 

Various factors are responsible for the permanent magnet market growth. These include the increasing demand for various electronic devices such as television, laptops, music systems, and smartphones, coupled with the rise in need for more energy for consumption. This, coupled with the growing demand from the automotive sector will also aid in the expansion of the market in the forecast period. Besides this, the advancement in technology and use of neodymium iron boron (NdFeB) for various applications such as domestic appliances and wind turbines, and other electronic equipment such as speakers are likely to bode well for the market in the coming years.

 

Regional Segmentation

Asia Pacific to Continue Dominating Market with Increasing Preference Towards Electric Vehicles

 

In 2018, Asia Pacific earned a revenue of USD 13.82 Billion and emerged dominant with the increasing demand for permanent magnets for various applications such as energy, consumer electronics, and automotive. China emerges as the leading producer attributed to the availability of abundant rare-earth deposits. This, coupled with the rise in popularity of electric vehicles will help Asia Pacific continue dominating the market in the forthcoming years.

 

On the other side, the market in North America will gain impetus from the rise in demand for consumer electronics such as personal computers, wearable devices, mobile phones, and medical devices. Additionally, the Europe market will rise steadily on account of the rise in demand for hybrid and electric vehicles.

 

Browse summary:

https://www.fortunebusinessinsights.com/permanent-magnet-market-102776

 

Competitive Landscape

Companies Expanding Base in China to Earn High Revenue

 

A large portion of permanent magnets is produced in China, thus making this region account for more than 70% of the overall production volume. Owing to this factor, a large number of producers in the market are aiming at expanding their territory in this nation for earning better revenues. Besides this, players are investing massively on resources and development of customized permanent magnet products to suffice to the needs of their consumers. Apart from this, manufacturers are adopting various strategies such as collaborations with other companies, joint ventures, agreements, and contracts for increasing their product portfolio, thereby gaining a competitive edge in the market.

 

List of Permanent Magnet Market Manufacturers include:

 

  • Adams Magnetic Products Co., Inc.
  • Arnold Magnetic Technologies Corp.
  • TDK Corporation
  • Tengam Engineering, Inc.
  • Alpha Magnet
  • Electron Energy Corporation
  • Ningbo Yunsheng Co. Ltd.
  • Integrated Magnetics
  • Magnequench International, LLC,
  • Tridus Magnetics and Assemblies
  • Bunting Magnetics Co.
  • Anhui Earth-Panda Advance Magnetic Material Co., Ltd.
  • Hangzhou Permanent Magnet Group
  • Daido Steel Co., Ltd.
  • Shin-etsu Chemical Co., Ltd.
  • Hitachi Metals, Ltd.
  • Other Players

 

Request a sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/permanent-magnet-market-102776

 

Major Industry Developments of the Market include:

 

April 2019 – Bunting Magnetics introduced ElectroMax Overband Magnet at Bauma. The company aims at adhering to the needs of customers such as more compact, smaller electro overband, and lighter magnets.

 

MAY 2018 – Santoku Corporation, the rare earth metal producerwas acquired by Hitachi Metals Ltd., for the production of a wholly-owned subsidiary.

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

 

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Anti-Counterfeiting Packaging Market Size, Share, Analysis, Industry Report and Forecast 2019-2026, Fortune Business Insights™

The global anti-counterfeiting packaging market growth is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising menace of flagrant counterfeiting on e-commerce platforms is likely to emerge as the central growth driver for this market, according to the new Fortune Business Insights™ report, titled “Anti-Counterfeiting Packaging Market Size, Share & Industry Analysis, By Technology (RFID, Holograms, Barcode, and Others), By End-Use (Food & Beverages, Healthcare & Pharmaceutical, Industrial & Automotive, Consumer Electronics, and Others), and Regional Forecast, 2019-2026”. E-commerce platforms have become a breeding ground for counterfeiters to sell fake products to unsuspecting customers. A study conducted by a community media platform called Local Circles found that approximately 20% of the products sold on e-commerce sites are counterfeit. Widespread presence of such fake products across online marketplaces poses a grave threat not just to the well-being of consumer, but also to investments being made into these companies. In response, e-commerce giants such as Amazon and Alibaba are implementing advanced anti-counterfeiting measures to protect both consumers and investors, which are leading the anti-counterfeiting packaging market trends.

The report states that the global anti-counterfeiting packaging market stood at USD 104.5 billion in 2018. Besides this, the report shares the following information:

  • Diligent segmentation of the market and careful study of each segment;
  • Detailed evaluation of the factors driving and restraining the market;
  • Comprehensive research into the regional and competitive dynamics influencing the market; and
  • Precise computation of market values and figures.

 

Market Driver

Concerted Efforts to Tackle Counterfeiting to Boost the Market

Counterfeiting practices are running rampant across all the major sectors and industries around the world. These practices have gained firm ground in critical sectors and have the potential to cause serious, long-term damage to the healthof consumers. For example, the World Health Organization estimates that roughly 10% of the pharmaceutical drugs and medicines sold in low- and middle-income countries are fake or substandard. This, and many such findings, has spurred governments into action. For instance, China came out with a law in early 2019 that holds sellers and e-commerce platforms jointly accountable for counterfeit products sold on such platforms. Many leading technology companies are also coming to the fore with advanced solutions. For instance, IBM developed the Crypto Anchor Verifier, an Artificial Intelligence- and block chain-based counterfeit detector that runs on a smartphone. These independent efforts have considerably augmented the potential of this market.

 

Browse summary:

https://www.fortunebusinessinsights.com/anti-counterfeiting-packaging-market-102692

 

Regional Analysis

North America to Hold Commanding Lead; Asia-Pacific to Showcase Remarkable Growth

With a market size of USD 37.28 billion in 2018, North America is slated to dominate the anti-counterfeiting packaging market share during the forecast period owing to extensive utilization of superior anti-counterfeiting packaging solutions. This is further propelled by the surging demand for packaged food and beverage products in the region, which is boding well for the market.

Asia-Pacific is expected to present plenty of lucrative opportunities on account of rapid economic growth in India and China. Moreover, private players and the government in China are focused on effectively tackling the high rate of counterfeiting in the country through policy and technology, thereby fueling this market. In Europe, stable demand for consumer electronics will mainly drive the growth of the market.

 

Competitive Landscape

Launch of Novel Solutions to Animate Competitive Fervor among Players

Incorporation of advanced, intelligent technologies in the e-commerce industry has paved the way for key players in this market to innovate and come out with next-gen solutions, as per the anti-counterfeiting packaging market report. As a result, some of the top companies are focusing on launching new products to entrench their market position, while some are acquiring businesses to expand their portfolio.

 

Industry Developments:

  • March 2020: The US-based RFID provider SML RFID introduced the RFID FactoryCare™ with the aim tosmoothen the supply chain in fashion retailing by enabling manufacturers efficiently manage RFID-tagged products. Furthermore, the product will enhance item visibility all through the supply chain process and ensure foolproof delivery.
  • March 2020: Avery Dennison Corporation, the US-based adhesive manufacturer, announced the successful acquisition of the transponder business arm of Smartrac, a leading developer and manufacturer of RFID inlays based in Netherlands. The deal was sealed at an estimated value of €225 million.  

 

List of Companies Covered in the Report:

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Request a sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/anti-counterfeiting-packaging-market-102692

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

 

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Anti-Counterfeiting Packaging Market Size, Share, Analysis, Industry Report and Forecast 2019-2026, Fortune Business Insights™

The global anti-counterfeiting packaging market growth is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising menace of flagrant counterfeiting on e-commerce platforms is likely to emerge as the central growth driver for this market, according to the new Fortune Business Insights™ report, titled “Anti-Counterfeiting Packaging Market Size, Share & Industry Analysis, By Technology (RFID, Holograms, Barcode, and Others), By End-Use (Food & Beverages, Healthcare & Pharmaceutical, Industrial & Automotive, Consumer Electronics, and Others), and Regional Forecast, 2019-2026”. E-commerce platforms have become a breeding ground for counterfeiters to sell fake products to unsuspecting customers. A study conducted by a community media platform called Local Circles found that approximately 20% of the products sold on e-commerce sites are counterfeit. Widespread presence of such fake products across online marketplaces poses a grave threat not just to the well-being of consumer, but also to investments being made into these companies. In response, e-commerce giants such as Amazon and Alibaba are implementing advanced anti-counterfeiting measures to protect both consumers and investors, which are leading the anti-counterfeiting packaging market trends.

The report states that the global anti-counterfeiting packaging market stood at USD 104.5 billion in 2018. Besides this, the report shares the following information:

  • Diligent segmentation of the market and careful study of each segment;
  • Detailed evaluation of the factors driving and restraining the market;
  • Comprehensive research into the regional and competitive dynamics influencing the market; and
  • Precise computation of market values and figures.

 

Market Driver

Concerted Efforts to Tackle Counterfeiting to Boost the Market

Counterfeiting practices are running rampant across all the major sectors and industries around the world. These practices have gained firm ground in critical sectors and have the potential to cause serious, long-term damage to the healthof consumers. For example, the World Health Organization estimates that roughly 10% of the pharmaceutical drugs and medicines sold in low- and middle-income countries are fake or substandard. This, and many such findings, has spurred governments into action. For instance, China came out with a law in early 2019 that holds sellers and e-commerce platforms jointly accountable for counterfeit products sold on such platforms. Many leading technology companies are also coming to the fore with advanced solutions. For instance, IBM developed the Crypto Anchor Verifier, an Artificial Intelligence- and block chain-based counterfeit detector that runs on a smartphone. These independent efforts have considerably augmented the potential of this market.

 

Browse summary:

https://www.fortunebusinessinsights.com/anti-counterfeiting-packaging-market-102692

 

Regional Analysis

North America to Hold Commanding Lead; Asia-Pacific to Showcase Remarkable Growth

With a market size of USD 37.28 billion in 2018, North America is slated to dominate the anti-counterfeiting packaging market share during the forecast period owing to extensive utilization of superior anti-counterfeiting packaging solutions. This is further propelled by the surging demand for packaged food and beverage products in the region, which is boding well for the market.

Asia-Pacific is expected to present plenty of lucrative opportunities on account of rapid economic growth in India and China. Moreover, private players and the government in China are focused on effectively tackling the high rate of counterfeiting in the country through policy and technology, thereby fueling this market. In Europe, stable demand for consumer electronics will mainly drive the growth of the market.

 

Competitive Landscape

Launch of Novel Solutions to Animate Competitive Fervor among Players

Incorporation of advanced, intelligent technologies in the e-commerce industry has paved the way for key players in this market to innovate and come out with next-gen solutions, as per the anti-counterfeiting packaging market report. As a result, some of the top companies are focusing on launching new products to entrench their market position, while some are acquiring businesses to expand their portfolio.

 

Industry Developments:

  • March 2020: The US-based RFID provider SML RFID introduced the RFID FactoryCare™ with the aim tosmoothen the supply chain in fashion retailing by enabling manufacturers efficiently manage RFID-tagged products. Furthermore, the product will enhance item visibility all through the supply chain process and ensure foolproof delivery.
  • March 2020: Avery Dennison Corporation, the US-based adhesive manufacturer, announced the successful acquisition of the transponder business arm of Smartrac, a leading developer and manufacturer of RFID inlays based in Netherlands. The deal was sealed at an estimated value of €225 million.  

 

List of Companies Covered in the Report:

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

 

Request a sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/anti-counterfeiting-packaging-market-102692

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

 

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Metallic Powder Coatings Market Introduction of New Products that will favor Market Growth by 2028, Fortune Business Insights™

The global metallic powder coating market size is expected to experience exponential growth by reaching USD 2.91 billion by 2028. This information is published by Fortune Business Insights in its report, titled Metallic Powder Coating Market, 2021-2028.”

The report further observes that the metallic powder coating market stood at USD 1.75 billion in 2020 and is likely to exhibit a CAGR of 6.5% between 2021 and 2028. This is attributable to the increasing demand for advanced metallic coating in powder across the wood industry and the rising residential sector globally.

COVID-19 has resulted in several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies globally, several manufacturing facilities have been at a standstill with limited operational activities. However, a collective effort from the government and the industries to bring the economy back is expected to boost the market growth during the forecast period.

Market Segmentation:

Based on the resin type, the market is divided into epoxy polyester, polyester, epoxy, polyurethane, and others. On the basis of process, the market is trifurcated into bonding, dry blending, and co-extrusion. On the basis of pigment, the market is classified into aluminum, mica, and others. Furthermore, based on application, the market is segregated into architectural, automotive, appliance, furniture, leisure equipment, and others. Lastly, on the basis of region, the market is categorized into Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.

What does the Report Provide?

The market report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth. The report further provides insights into the regional analysis covering different regions, contributing to the market growth. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PORTER’s Five Point analysis to obtain information about the current trends and industry developments that will drive the market growth between 2021 and 2028.

Browse summary:

https://www.fortunebusinessinsights.com/metallic-powder-coating-market-105319

DRIVING FACTORS

Increasing Demand from Wood Industry to Promote Growth

There is a growing trend of the application of innovative powder coatings in the wood industry is gaining traction. These coatings are used to improve spraying technology and reduce the curing temperature. Besides, they aid in minimizing water loss and drastic size changes in wood components while ensuring bright color effects and high gloss. The growing adoption of UV-curable coatings owing to their great film flexibility and good adhesion property, coupled with all-round protection against corrosion, is leading to high demand from the wood sector. Moreover, the rising residential sector propels the demand for advanced powder coatings globally. Therefore, these factors are expected to boost the global metallic powder coatings market growth during the foreseeable future.

Further Report Findings:

  • Asia Pacific stood at USD 0.90 billion in 2020 and is expected to hold the largest global metallic powder coating market share in the forthcoming years. This is owing to the increasing focus on the development of the commercial and residential sector in countries such as Malaysia,Japan,China,India, and Indonesia.
  • The market in North America is anticipated to experience significant growth owing to the increasing focus on facility expansion by automobile manufacturers that will propel the demand for advanced metallic powder coatings to protect the surface from corrosion and abrasion in the region between 2021 and 2028.
  • Based on application, the architectural segment is expected to hold a significant market share backed by the increasing adoption of advanced metallic powder coatingsby building contractors to ensure long-term exterior finishes for public works programs and outdoor venues.

COMPETITIVE LANDSCAPE

Product Innovation by Key Players to Amplify Their Market Positions

The market is fragmented by the presence of key players that are striving to establish their footprint by developing innovative metallic powder coating to cater to the growing demand from industrial applications such as automotive, wood, construction, and others.  Moreover, other companies are focusing on maintaining their presence by adopting strategies such as collaboration, merger and acquisition, and partnership that will bode well for the growth of the market in the forthcoming years.

 

Industry Development:

  • March 2019 – Sun Chemical Output Pigments introduced Benda Lutz COMPAL PC, a highly concentrated aluminum formulation for powder coatings. The company reports that the product is available in a revolutionary pelletized shape. Besides, it practically removes dusting to ease machine clean-up and improve worker visibility.

Request a sample PDF file:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/metallic-powder-coating-market-105319

List of the Companies Operating in the Global Market:

  • Sun Chemical (New Jersey, U.S.)
  • TCI Powder (Georgia, U.S.)
  • PPG Industries, Inc.  (Pennsylvania, U.S.)
  • AkzoNobel Powder Coatings (Amsterdam, Netherlands)
  • Axalta Coating Systems (Pennsylvania, U.S.)
  • TIGER Coatings GmbH & Co. KG (Wels, Austria)
  • Berger Paints India Limited (West Bengal, India)
  • SILBERLINE MANUFACTURING CO., INC. (Pennsylvania, U.S.)
  • CTC Powder Coating (Heybridge, UK)
  • AVL Metal Powders nv (Belgium, Europe)
  • Carl Schlenk AG (Roth, Germany)
  • Crescent Bronze Powder Co. (Wisconsin, U.S.)
  • Jotun (Sandefjord, Norway)
  • Other Key Players

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

 

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Self-healing materials market by 2028- Market Size, Development, Top 10 Countries, Fortune Business Insights™

The global self-healing materials market size is expected to reach USD 62.66 billion by 2028, exhibiting a CAGR of 62.5% between 2021 and 2028. The increasing adoption of CMCs, composites, polymer-based materials in construction buildings will encourage the healthy growth of the market, states Fortune Business Insights, in a report, titled “Self-Healing Materials Market, 2021-2028.”

The self-healing materials market size stood at USD 1.29 billion in 2020.

 

In 2020, the global pandemic had a mixed effect on the consumer goods industry. The supply chain instability resulted in significant declines in consumer products prices, but had a smaller effect on some sectors such as food and drink, shipping, and consumer electronics. Insignificant cash flow, the adaptation of modern online and digital-first technologies, supply chain management, and inventory management, on the other hand, have been difficult obstacles for producers and vendors during the pandemic. As a result, businesses are focusing on developing and introducing innovative plans to respond to the new standard and set a new supply chain approach to sustain revenue and development in such challenging times.

 

Acquisition of Air Products by Evonik Industries AG to Strengthen Business

 

Evonik Industries AG, based in Germany, a specialty chemicals company, completed the procurement of Air Products, Inc.'s specialty additives industry (Performance Materials Division) for approximately €3.5 billion. The transaction funding was accomplished in September and would comprise €1.6 billion in business assets, with the remaining portion backed by shares with an asset value of €1.9 billion. The acquisition will have an exceptional effect on this market as it will raise the adjusted earnings per share (EPS) of Evonik.

 

Rising Demand for Self-Healing Materials to Promote Market

 

For the past few decades, self-healing systems have seen major advancements. Various chemistry and material engineering R&D experts have been continuously engaged in creating self-healing polymeric materials, which will boost the market share. Self-conductive materials are electronic or bioelectric materials made by incorporating flexible bonds into inorganic nanoparticles through conductive fillers in self-healing polymers. NASA has used various self-healing devices for insulation frameworks and engineering design, with excellent performance and no scars after healing. In addition, the growing utilization of these materials in aerospace, rotorcraft, aircraft, and bulletproof applications in the defense sector will have an outstanding effect on the self-healing materials market growth.

 

Browse summary:

https://www.fortunebusinessinsights.com/self-healing-materials-market-102947

 

Transportation Segment to Hold the Largest Share

 

Based on form, the market is divided into intrinsic and extrinsic. The intrinsic segment is expected to hold the largest share during the forecast period due to its innate ability to restore the integrity of the material after damage.

 

Based on the product, the market is segmented into polymer, concrete, metal, coating, ceramic, asphalt, and fiber-reinforced composites.

 

Based on the application, the market is classified into transportation, consumer goods, building construction, energy generation, healthcare, and others. Transportation is expected to account for the high share due to the high demand for materials to maintain the structural integrity in vehicles.

 

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

 

High Demand for Self-Healing Materials to Intensify Market in Europe

 

 

  • Rising awareness about the benefits of self-healing materialssuch asdurability, thermal stability, abrasion resistance, stiffness, and strength will fuel its demand in Europe.
  • High demand for consumer goods, consumer electronics, and wearables will augment growth in Asia Pacific.
  • The utilization of polymer-based self-healing materials in the aerospace and defense sector will push growth in North America.
  • The increasing wind power construction activity is expected to accelerate the healing materials industry in the Middle East and Africa.

 

Emphasis on Improved Product Quality to Intensify Competition

 

Local producers are increasingly incorporating cutting-edge technology into their products. Manufacturers have been seen focusing on improving product quality and establishing solid manufacturing and export networks in order to achieve an edge over their competitors. Acciona S.A., AkzoNobel N.V., Arkema SA, BASF SE, Covestro AG, Du Pont, Evonik Industries, among others are some of the major players in the global market.

 

The Report Lists the Key Companies in this Market:

 

  • Acciona S.A. (Alcobendas, Spain)
  • AkzoNobel N.V. (Amsterdam, Netherlands)
  • Applied Thin Films, Inc. (California, U.S.)
  • Arkema SA (Colombes, France)
  • Autonomic Materials Inc. (Illinois, U.S.)
  • Avecom N.V. (Wondelgem, Belgium)
  • BASF SE (Ludwigshafen, Germany)
  • Covestro AG (Leverkusen, Germany)
  • E.I. Du Pont De Nemours and Company (Delware, U.S.)
  • Evonik Industries (Essen, Germany)
  • Sensor Coating Systems Ltd. (London, U.K.)
  • Slips Technologies, Inc. (Massachusetts, U.S.)

Request a sample PDF file:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/self-healing-materials-market-102947

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

 

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

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Surfactants Market | Size, Analysis, Development, Revenue, Future Growth, Business Prospects and Forecasts.

The global surfactants market share is expected to reach USD 60,500.4 million by 2027, exhibiting a CAGR of 4.9% during the forecast period. The growing awareness about personal health and hygiene will spur lucrative growth opportunities for the market, states Fortune Business Insights, in a report, titled “Surfactants Market Size, Share & Industry Analysis, By Type (Anionic, Nonionic, Cationic, and Amphoteric), By Application (Home Care, Personal Care, Textile, Food & Beverages, Industrial &Institutional Cleaning, Plastics, and Others), and Geography Forecast, 2020-2027.”

The surfactants market growth stood at USD 44,157.4 million in 2019 and is expected to reach USD 60,500.4 million by 2027, exhibiting a CAGR of 4.9% during the forecast period.

 

The whole world is battling with the novel coronavirus, leaving numerous industries distraught. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.  

 

Market Driver:

 

Rising Demand for Home Care Products to Augment Growth

 

The increasing application of surfactants in homecare, textiles, and food & beverage industries will have an outstanding impact on the global market. The escalating need for home care products among the urban population will bolster the healthy growth of the market in the forthcoming years. The increasing consumer consciousness towards hygiene owing to the spread of various diseases and viruses can subsequently aid the expansion of the market. Products in homecare include sanitizers, detergents, cleaning products, shampoo, hand wash, and others. The heavy demand for such products is expected to support the development of the market. Moreover, the surging population has further boosted the demand for food & beverages, which, in turn, will augur well for the market.

 

Browse Summary of This Research:

https://www.fortunebusinessinsights.com/surfactants-market-102385

 

The report on the surfactants market emphasizes:

 

  • Wide-ranging analysis of the market
  • Superior insights into the segments
  • Extensive information about dominant regions
  • Key information about key players
  • Latest developments
  • Market drivers and restraints

Covid-19 Impact

 

 

Rising Emphasis on Hygiene to Boost Market Amid Coronavirus

 

The COVID-19 pandemic has resulted in the expansion of the household care industry because of the growing concern about cleanliness and hygiene. The surging sales of household care products will benefit the market amid COVID-19. As per the Household and Commercial Products Association (HCPA), the market value is around USD 180 billion per annum of home care products such as cleaners, and disinfectants for homes and commercial environments. Besides, the inflated demand for hand sanitizers and disinfectant sprays will have a tremendous effect on the global market during the COVID-19 pandemic.

 

Regional Analysis:

 

Rapid Industrialization to Bolster Growth in North America

The market in North America is expected to hold the largest share in the global market during the forecast period owing to the rapid industrialization in the region. The rising disposable income is likely to foster the healthy growth of the market in North America. The emerging manufacturers of bio-based surfactants owing to improving economic conditions will augur well for the market in the region. The significant demand for homecare and cosmetics products will have a positive effect on the market in the region. Moreover, the evolving consumer lifestyle is expected to further enhance the development of the market. Moreover, the presence of Chevron, Dow, and Formosa Plastics will further boost the production of ethylene oxide, as 23% of purified ethylene grade is used for the production of surfactants. These factors and drivers together will enable speedy development of the market.

Key Development:

February 2018:Croda International Plc announced the launch of an ECO range of bio-based surfactants that are a 100% renewable range of non-ionic surfactants. The product range offers a wide variety of assistancethat includes emulsification, cleansing and detergency, and solubilization while also delivering stable and mild formulations.

 

Request a sample PDF ( includes COVID-19 Impact Analysis):

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/surfactants-market-102385

The Report Lists the Main Companies in the Surfactants Market:

 

 

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

 

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Automotive Plastics Market Growth in Top Countries as Russia, the U.K., Italy, and Spain and Forecast 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 & Industry 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 automotive plastics market growth stood at USD 40.91 billion in 2019 and is likely to exhibit a CAGR of 5.3% between 2020 and 2027.

 

COVID-19 Leads to Shutdown of Production Facilities Hampering Growth

 

The automotive sector is facing unprecedented loss owing to the declining sales and high availability of inventory. Additionally, the onset of the novel coronavirus has led to a complete halt in the production activities of several industries, including automotive. This has disrupted the supply chain and reduced the procurement of raw materials across the globe. This is expected to negatively impact the market growth in the near future.

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.

Browse summary:

https://www.fortunebusinessinsights.com/automotive-plastics-market-102023

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.

REGIONAL INSIGHTS

North America to Remain Dominant; Increasing Demand for Automotive Polymers to Aid Growth

Among all the regions, North America is expected to remain dominant and hold the highest position in the global automotive plastics market during the forecast period. This is attributable to the increasing demand for automotive polymers owing to their superior properties such as excellent heat resistance, low density, and corrosion inhibition in the region. North America stood at USD 5.93 billion in 2019.

The market in Asia-Pacific is expected to showcase an exponential growth backed by the increasing adoption of automotive plastics in the production of automobiles in the region between 2020 and 2027.

COMPETITIVE LANDSCAPE

Key Players Focus on Facility Expansion to Strengthen Their Market Positions

The global automotive polymers market is consolidated by the presence of key players that are focusing on expanding their production facilities to cater to the growing demand for advanced automotive plastics. Furthermore, other key players are adopting strategies such as merger and acquisition, the introduction of new product, and partnership that is anticipated to bode well for the market growth during the forecast period.

Industry Development:

October 2020 – Teijin announces its partnership with AZL Partner Network, a cross-industry network for joint business development organized by AZL Aachen GmbH. The company joins the wide network to develop multi-material automotive plastics for electric vehicles.

Request a sample PDF ( includes COVID-19 Impact Analysis):

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-plastics-market-102023

List of the Companies Profiled in the Global Market for Automotive Plastics:

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

 

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

 

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

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Anti-Counterfeiting Packaging Market Overview, Shares, Growing Demand, Size, Growth, Production, Types, Applications and Forecast Report 2026

The global anti-counterfeiting packaging market is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising menace of flagrant counterfeiting on e-commerce platforms is likely to emerge as the central growth driver for this market, according to the new Fortune Business Insights™ report, titled “Anti-Counterfeiting Packaging Market Size, Share & Industry Analysis, By Technology (RFID, Holograms, Barcode, and Others), By End-Use (Food & Beverages, Healthcare & Pharmaceutical, Industrial & Automotive, Consumer Electronics, and Others), and Regional Forecast, 2019-2026”. E-commerce platforms have become a breeding ground for counterfeiters to sell fake products to unsuspecting customers. A study conducted by a community media platform called Local Circles found that approximately 20% of the products sold on e-commerce sites are counterfeit. Widespread presence of such fake products across online marketplaces poses a grave threat not just to the well-being of consumer, but also to investments being made into these companies. In response, e-commerce giants such as Amazon and Alibaba are implementing advanced anti-counterfeiting measures to protect both consumers and investors, which are leading the anti-counterfeiting packaging market trends.

The report states that the anti-counterfeiting packaging market growth value stood at USD 104.5 billion in 2018. Besides this, the report shares the following information:

  • Diligent segmentation of the market and careful study of each segment;
  • Detailed evaluation of the factors driving and restraining the market;
  • Comprehensive research into the regional and competitive dynamics influencing the market; and
  • Precise computation of market values and figures.

 

Market Driver

Concerted Efforts to Tackle Counterfeiting to Boost the Market

Counterfeiting practices are running rampant across all the major sectors and industries around the world. These practices have gained firm ground in critical sectors and have the potential to cause serious, long-term damage to the healthof consumers. For example, the World Health Organization estimates that roughly 10% of the pharmaceutical drugs and medicines sold in low- and middle-income countries are fake or substandard. This, and many such findings, has spurred governments into action. For instance, China came out with a law in early 2019 that holds sellers and e-commerce platforms jointly accountable for counterfeit products sold on such platforms. Many leading technology companies are also coming to the fore with advanced solutions. For instance, IBM developed the Crypto Anchor Verifier, an Artificial Intelligence- and block chain-based counterfeit detector that runs on a smartphone. These independent efforts have considerably augmented the potential of this market.

 

Regional Analysis

North America to Hold Commanding Lead; Asia-Pacific to Showcase Remarkable Growth

With a market size of USD 37.28 billion in 2018, North America is slated to dominate the anti-counterfeiting packaging market share during the forecast period owing to extensive utilization of superior anti-counterfeiting packaging solutions. This is further propelled by the surging demand for packaged food and beverage products in the region, which is boding well for the market.

Asia-Pacific is expected to present plenty of lucrative opportunities on account of rapid economic growth in India and China. Moreover, private players and the government in China are focused on effectively tackling the high rate of counterfeiting in the country through policy and technology, thereby fueling this market. In Europe, stable demand for consumer electronics will mainly drive the growth of the market.

 

Browse summary:

https://www.fortunebusinessinsights.com/anti-counterfeiting-packaging-market-102692

 

Competitive Landscape

Launch of Novel Solutions to Animate Competitive Fervor among Players

Incorporation of advanced, intelligent technologies in the e-commerce industry has paved the way for key players in this market to innovate and come out with next-gen solutions, as per the anti-counterfeiting packaging market report. As a result, some of the top companies are focusing on launching new products to entrench their market position, while some are acquiring businesses to expand their portfolio.

 

Industry Developments:

  • March 2020: The US-based RFID provider SML RFID introduced the RFID FactoryCare™ with the aim tosmoothen the supply chain in fashion retailing by enabling manufacturers efficiently manage RFID-tagged products. Furthermore, the product will enhance item visibility all through the supply chain process and ensure foolproof delivery.
  • March 2020: Avery Dennison Corporation, the US-based adhesive manufacturer, announced the successful acquisition of the transponder business arm of Smartrac, a leading developer and manufacturer of RFID inlays based in Netherlands. The deal was sealed at an estimated value of €225 million.  

 

List of Companies Covered in the Report:

  •  
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  •  
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Request a sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/anti-counterfeiting-packaging-market-102692

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

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Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

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Permanent Magnet Market Share, Statistics, Trends, Regional Opportunities and Assessment of Key Market Players 2021-2026

The global permanent magnet market share is expected to reach USD 34.70 billion by 2026 attributed to their increasing use in the hybrid electric vehicle production. A permanent magnet is an object that possesses magnetic properties even in the absence of a magnetic field. They have two magnetic ends called the north pole and south pole respectively. They are used in different types of motors such as loudspeakers, various appliances, HVAC, and others. A recently published report by Fortune Business Insights titled, Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others), and Regional Forecast, 2019-2026,” offers a comprehensive overview of the market. According to this report,

The permanent magnet market growth value stood at USD 17.85 Billion in 2018 and is likely to rise at a CAGR of 8.7% between 2019 to 2026.

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. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

 

We are making 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.

 

What are the Highlights of the Report?

 

The report offers a 360-degree analysis of the market and discusses factors such as drivers, restraints, challenges, and upcoming opportunities of the market. It also throws light on the table of segmentation of the market based on factors such as type, application, and geography, and names of the leading segment.  Moreover, the report discusses major industry developments, current trends, and other interesting insights into the market. It also highlights the names of players functioning in the market and the key strategies adopted by them to gain momentum in the market.

 

Market Drivers

Increasing Popularity of Hybrid Vehicles will Add Impetus to Market

 

Various factors are responsible for the permanent magnet market growth. These include the increasing demand for various electronic devices such as television, laptops, music systems, and smartphones, coupled with the rise in need for more energy for consumption. This, coupled with the growing demand from the automotive sector will also aid in the expansion of the market in the forecast period. Besides this, the advancement in technology and use of neodymium iron boron (NdFeB) for various applications such as domestic appliances and wind turbines, and other electronic equipment such as speakers are likely to bode well for the market in the coming years.

Browse summary:

https://www.fortunebusinessinsights.com/permanent-magnet-market-102776

 

Regional Segmentation

Asia Pacific to Continue Dominating Market with Increasing Preference Towards Electric Vehicles

 

In 2018, Asia Pacific earned a revenue of USD 13.82 Billion and emerged dominant with the increasing demand for permanent magnets for various applications such as energy, consumer electronics, and automotive. China emerges as the leading producer attributed to the availability of abundant rare-earth deposits. This, coupled with the rise in popularity of electric vehicles will help Asia Pacific continue dominating the market in the forthcoming years.

 

On the other side, the market in North America will gain impetus from the rise in demand for consumer electronics such as personal computers, wearable devices, mobile phones,and medical devices. Additionally, the Europe market will rise steadily on account of the rise in demand for hybrid and electric vehicles.

 

Competitive Landscape

Companies Expanding Base in China to Earn High Revenue

 

A large portion of permanent magnets is produced in China, thus making this region account for more than 70% of the overall production volume. Owing to this factor, a large number of producers in the market are aiming at expanding their territory in this nation for earning better revenues. Besides this, players are investing massively on resources and development of customized permanent magnet products to suffice to the needs of their consumers. Apart from this, manufacturers are adopting various strategies such as collaborations with other companies, joint ventures, agreements, and contracts for increasing their product portfolio, thereby gaining a competitive edge in the market.

 

List of Permanent Magnet Market Manufacturers include:

 

  • Adams Magnetic Products Co., Inc.
  • Arnold Magnetic Technologies Corp.
  • TDK Corporation
  • Tengam Engineering, Inc.
  • Alpha Magnet
  • Electron Energy Corporation
  • Ningbo Yunsheng Co. Ltd.
  • Integrated Magnetics
  • Magnequench International, LLC,
  • Tridus Magnetics and Assemblies
  • Bunting Magnetics Co.
  • Anhui Earth-Panda Advance Magnetic Material Co., Ltd.
  • Hangzhou Permanent Magnet Group
  • Daido Steel Co., Ltd.
  • Shin-etsu Chemical Co., Ltd.
  • Hitachi Metals, Ltd.
  • Other Players

 

Request a sample PDF:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/permanent-magnet-market-102776

 

Major Industry Developments of the Market include:

 

April 2019 – Bunting Magnetics introduced ElectroMax Overband Magnet at Bauma. The company aims at adhering to the needs of customers such as more compact, smaller electro overband, and lighter magnets.

 

MAY 2018 – Santoku Corporation, the rare earth metal producerwas acquired by Hitachi Metals Ltd., for the production of a wholly-owned subsidiary.

 

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

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US :+1 424 253 0390

UK : +44 2071 939123

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Kaolin Market | Size, Analysis, Development, Revenue, Future Growth, Business Prospects and Forecasts.

The global kaolin market size 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™ in its report, titled “Kaolin Market Size, Share &COVID-19 Impact Analysis, By Application (Paper, Ceramic & Sanitary Ware, Fiberglass, Paints & Coatings, Rubber, Plastics, and Others), and Regional Forecast, 2020-2027”. 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.

As per the report, the global kaolin market growth value was at USD 4,168.8 million in 2019. The top highlights of the report include:

  • Detailed examination of the major market trends, drivers, and constraints;
  • In-depth evaluation of all segments of the market;
  • Exhaustive study of the leading players and their strategies; and
  • Granular analysis of the regional developments influencing the market.

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.

Browse summary:

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

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.

List of Key Companies Profiled in this Market Report:

  • 20 Microns (Gujarat, India)
  • I-Minerals lnc. (Vancouver, Canada)
  • Quarzwerke GmbH (Frechen, Germany)
  • Thiele Kaolin Company (Georgia, U.S.)
  • Sibelco (Antwerp, Belgium)
  • Ashapura Group(Maharashtra, India)
  • Imerys S.A. (Paris, France)
  • W. R. Grace & Co. (Columbia, U.S.)
  • Sedlecký kaolin a. s. (Božičany, Czech Republic)
  • LASSELSBERGER Group (Budapest, Hungary)
  • KaMin LLC (Georgia, U.S.)
  • EICL Limited (Delhi, India)
  • BASF SE (Ludwigshafen, Germany)

 

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.

Request a sample PDF ( includes COVID-19 Impact Analysis):

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/kaolin-market-102352

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

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