Monday, August 8, 2022

Coated Fabric Market Share, Size, Expected Growth Opportunities and Forecast by 2028 | Know the Russia Ukraine Impact On Coated Fabric Industry in US

The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, infrastructure,and automotive and transportation industries would affect the market positively. This information is given by Fortune Business Insights™ in a recently published report, titled, Coated Fabric Market Size, Share and Industry Analysis, by Product (Polymer Coated Fabric, Rubber Coated Fabric, and Fabric Backed Wall Coverings), By Application (Protective Clothing, Transportation, Furniture, Industrial, and Others) and Regional Forecast, 2019-2026.” The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Coated Fabric Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Coated Fabric Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

Highlights of the Report

  • Elaborate information about the coated fabric market trends, opportunities, and challenges.
  • In-depth information about the dominating regions present in the market.
  • List of all the segments.
  • Competitive landscape consisting of innovative product launches, agreements, contracts, collaborations, mergers and acquisitions, and investments.

Drivers & Restraints:

Increasing Automotive Production to Propel Growth

Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth.

Competitive Landscape:

Key Players Aim to Strengthen Position through Strategic Partnerships

The market is highly competitive. Renowned organizations are mainly aiming to gain the maximum share by adopting the strategy of collaboration and partnership. Companies, such as Saint-Gobain Performance Plastics, Trelleborg, Fothergill Group, and SRF Limited are the dominant companies in terms of share.

Fortune Business Insights™ provides a list of all the companies operating in the coated fabric market. They are as follows;

  • B&V Membrane
  • SRF Limited
  • Low & Bonar
  • Fothergill Group
  • J K TexbondPvt. Ltd.
  • Trelleborg
  • Ajy Tech India Pvt. Ltd.
  • CANADIAN GENERAL TOWER
  • Sioen Industries NV
  • Saint-Gobain Performance Plastics
  • Bobet Group
  • MarvelVinyls
  • Other prominent key players

Segmentation:

Government Rules Regarding Vehicle Safety to Favor Growth of Transportation Segment

Based on application, the market is fragmented into industrial, furniture, transportation, protective clothing, and others. Out of these, the transportation segment is projected to generate the largest coated fabrics market share during the forthcoming period fueled by the ongoing development in rail and road transportation, as well as surging sales of automobiles. These products are used the most in the automotive sector for making interiors, air bags, seats, roofing, and seat belts. Above that, the governments of several countries are putting forward various strict norms and regulations regarding vehicle safety and security. It is, in turn, aiding the manufacturers in installing air bags in every vehicle. Also, high demand for passenger and commercial vehicles would spur growth of this segment. The protective clothing segment held a share of 18.70% in 2018.

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Regional Analysis:

Asia Pacific to Lead Backed by Growth of Construction Industry

In terms ofregion, the market is classified into Latin America, North America, the Middle East and Africa, Europe, and Asia Pacific. Amongst these, in 2018, North America procured USD 7.3 billioncoated fabrics market revenue. This growth is attributable to the upsurging demand for protective clothingfrom chemical and pharmaceutical industries. Apart from that, the FDA has imposed strict rules and regulations. In Canada and the U.S., increasing usage of protective clothing and industrial machinery applications has given rise to rapid industrialization.

Asia Pacific, on the other hand, is set to lead the market throughout the forecast period because of the expansion of the construction industry. China is the main growth contributor as it is considered to be the prominent producer of motor vehicles, upholstered furniture, accessories, and apparels. India is also showcasing high industrialization owing to the existence of several reputed manufacturing companies. In Europe, the market would grow considerably in the coming years because of the rising production of automotive in the U.K. and Germany.

Below are a couple of the crucial industry developments:

  • May 2019: Spradling International Marine, a provider of high quality vinyl products headquartered in Alabama, teamed up with Pletcher Sales, a textiles company based in Indiana. It would enable the latter in providing interior solutions and coated fabrics to the recreational vehicle (RV) industry.
  • July 2018: Trelleborg AB, an engineering group based in Sweden, completed the acquisition of Laminating Coating Technologies, Inc., a privately owned company headquartered in the U.S. This acquisition would help the former in strengthening its position in the market, as well as improve the company’s product offering.

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Japan ceramic coatings Market Growth, Size, Share

 Japan ceramic coatings Market” Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.

Key players in the  Japan ceramic coatings market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the  Japan ceramic coatings Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

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The US ceramic coatings Market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. The high versatility of Japan ceramic coatings will boost their adoption across industries, states Fortune Business Insights™ in its new report, titled “US ceramic coatings Market Size, Share & Industry Analysis, and Regional Forecast, 2019-2026”.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the US ceramic coatings Market. The study assesses the market size of the Japan ceramic coatings industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

The list of Top Key Players in the South Korea ceramic coatings market Report is

Key Companies covered in the US ceramic coatings Market are Saint-Gobain, Morgan Advanced Materials, Integrated Services, Inc. APS Materials, Inc. Praxair S.T. Technology, Inc. Ferro Corporation, Keronite, Aremco, Kurt J. Lesker Company, Bodycote and more players profiled.

Best Features of the Report:

  •  Detailed analysis of the US ceramic coatings Market
  •  Fluctuating market dynamics of the industry
  •  Detailed market segmentation
  •  Historical, current, and projected market size in terms of volume and value
  •  Recent industry trends and developments
  •  Competitive landscape of the US ceramic coatings Market
  •  Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth

Having a complete and in-depth analysis of market dynamics, market status, and competitive situation, which helps in obtaining in-depth facts about the industry. The Japan ceramic coatings report shows how the market is expected to grow in the near future. All-powerful industry verticals of the Japan ceramic coatings industry are featured in this study such as product type, applications, and geographies. Japan ceramic coatings industry trends will present market drivers, restraints, and growth opportunities.

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Countries Mentioned in the US ceramic coatings Market Report:

➼ North America (United States, Canada, Europe, UKy, France, U.K., Italy, Russia)

➼ Europe (UKy, France, United Kingdom)

➼ Asia-Pacific (China, Japan, Japan, Australia, Taiwan, Indonesia, Thailand, Malaysia)

➼ Latin America (Mexico, Brazil, Argentina, Colombia)

The report studies the US ceramic coatings Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the US ceramic coatings Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding US ceramic coatings Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the Japan ceramic coatings research data of various companies, benefits, gross margin, market strategic decisions, and more through tables, graphs, and figures. infographics.

Major Points from Table of Contents:

  1. Japan ceramic coatings Market Overview
  2. Japan ceramic coatings Market Competitive Landscape
  3. US ceramic coatings Market Scenario by Region
  4. Cost Analysis
  5. Marketing Channel, Distributors, and Customers
  6. Japan ceramic coatings Market Dynamics
  7. Market Forecast
  8. Research Finding and Conclusion
  9. Methodology and Data Source

Frequently Asked Questions [FAQ] :



1. What is the scope of this report?

⇨ The Japan ceramic coatings report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimate the current market size?

⇨ The report efficiently evaluates the current market size and provides a Japan ceramic coatings industry forecast. The market was valued at x Million US$ in 2021 and is expected to grow at a CAGR of x% during the period 2022-2029.

3. Does the report provides Market Size in terms of - Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) of the market?

⇨ The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter).

4. Which Japan ceramic coatings segments are covered in this report?

⇨ The market is segmented by Product Types, Applications, Technology, End-use Industries, Distribution channel, and Regions.

5. What are the key factors covered in this report?

⇨ The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER's analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

⇨ Custom research is a crucial component of the business strategy which helps any organization gain insight into the specific business sectors, aligned with a specific area of interest.

Thus, FBI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

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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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Maharashtra, India.

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Carbon Fiber Tapes Market Growth Along with Business scenario and Forecast by 2027 | Flourishing Aerospace industry to Bolster Growth in North America

 The global carbon fiber tapes market size is expected to reach USD 4,855.6 million by 2027, exhibiting a CAGR of 13.4% during the forecast period. The growing utilization of carbon fiber in various industries due to its high tensile strength and electrical conductivity will spur opportunities for the market, The market size stood at USD 1,918.6 million in 2019.

The coronavirus outbreak has affected numerous industries across the globe. The governments of several countries have instigated lockdown to thwart 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.

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The report on carbon fiber tapes market encompasses:

  • Thorough study of all the segments
  • Present and Future projections
  • Latest market trends
  • Notable industry development
  • Competitive Landscape
  • COVID-19 Impact

Market Driver:

Devastating Impact on Aviation Industry to Thwart Market during COVID-19

The aviation industry has witnessed a disturbing effect because of the coronavirus. The restriction in import and export activities has resulted in huge losses for the industry. The sudden drop in revenue and minimal production will limit carbon fiber supply across countries. However, the implementation of damage control strategies by major companies will help to curb the effects of coronavirus in the coming days.

Regional Analysis:

Flourishing Aerospace industry to Bolster Growth in North America

The market size in North America stood at USD 690.7 million in 2019 and is expected to grow rapidly during the forecast period owing to the presence of major players in the region. The booming aerospace & defense industry is expected to spur opportunities for the market in the region. The growing demand for carbon fiber in various end-use industries will further aid the expansion of the market in the region. Europe is expected to experience a rapid growth rate during the forecast period owing to the well-established automotive industry. The growing shift from conventional metal parts to lower weight and high strength carbon fiber materials will create opportunities for the market in Europe.

Heavy Demand for Carbon Fiber from Automotive Industry to Facilitate Growth

The growing use of carbon fiber (CF) in structural and semi-structural components of vehicles during automobile production will foster the healthy growth of the market. The increasing adoption of carbon fiber in automobile manufacturing will have a tremendous impact on the market. For instance, the BMW i3 is produced using carbon-fiber-reinforced plastic. The ongoing research and development for efficient component production with carbon fiber will spur opportunities for the market. The cognizance about renewable carbon fiber and composites will escalate its adoption in the automotive industry. For instance, the lightweight property of carbon fiber leads to energy reductions and fuel savings. Besides, the increasing application of CF in hybrid vehicles will spur business opportunities for the global market.

 Significant Development:

 August 26, 2020: True Temper Sports, a leading manufacturer of golf shafts announced to sign a partnership agreement with Hexcel on its latest product line, the HZRDUS Smoke Black RDX. The HZRDUS Smoke Black RDX is the first golf shaft to use Hexcel’s new HexTow® HM54 carbon fiber, which is ideal for recreational applications.

 The Report Lists the Key Companies in the global market:

  • Hexcel Corporation (U.S.)
  • SABIC (Saudi Arabia)
  • TEIJIN LIMITED (Japan)
  • SGL Carbon (Germany)
  • Royal DSM (Netherlands)
  • Evonik (Germany)
  • Solvay (Belgium)
  • TORAY INDUSTRIES, INC. (Japan)
  • Celanese Corporation (U.S.)
  • Victrex plc. (UK)
  • Cristex (UK)
  • Eurocarbon (Netherlands)
  • Other Key Players

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Hot Melt Adhesives Market Analysis and Industry Demand Growth, Sales, Top Manufactures Size and Trends, Forecast 2028

The global hot melt adhesives market size is expected to reach USD 9,702.2 million by 2027, exhibiting a CAGR of 5.3% during the forecast period. The growing need for advanced products coupled with favorable government policies are factors expected to aid expansion of the global market, states Fortune Business Insights, in a report, titled “Hot Melt Adhesives Market Size, Share & COVID-19 Impact Analysis, By Raw Material (Ethylene Vinyl Acetate (EVA), Polyolefin, Styrenic Block Copolymers (SBC), Polyurethane (PU), Polyester, and Others), By Application (Packaging, Assembly, Woodworking, Transportation, Building & Construction, Footwear & Leather, Nonwovens, Bookbinding, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6,745.2 million in 2019.

The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic. 

The report on the hot melt adhesives market contains:

  • An all-inclusive study of the market
  • Vital market trends and drivers
  • Emerging industry developments
  • Comprehensive data about eminent players
  • Competitive landscape

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Market Driver:

Increasing Application of Hot Melt Adhesives to Enable Speedy Expansion

The increasing application of HMAs owing to its advantages such as high productivity induced by process automation, a wide variety of applicability, eco-friendliness, and re-adhesion possibility will have a tremendous impact on this market. The shift from solvent-based adhesive or water-based adhesive to hot-melt adhesive owing to its high-speed adhesion will spur demand in the forthcoming years. For instance, during solidification, HMAs do not lose thickness, whereas solvent-based hot melt adhesives can lose up to 50-70% of layer thickness during the drying process. Moreover, its high efficacy reduces the amount of material used, thereby resulting in low labor costs. The hot-melt adhesive exhibits significant advantages compared to conventional solvent-based adhesives that typically require evaporation and removal of solvents or polymerization to bind substrates together. Hence, the growing utilization of HMA in end-use industries will positively foster the market's healthy growth.

Shortage of Workers to Retard Business Development amid Coronavirus

A temporary halt on operations has negatively impacted the global market. The automotive industry experienced a massive hit due to the disruption caused by the coronavirus. For instance, PSA, Renault, and Fiat Chrysler closed their production at their manufacturing plants. Renault halted manufacturing through 12 production sites affecting about 18,000 workers in France. Similarly, the construction industry was destructively impacted by the pandemic. However, high government spending on infrastructure and affordable housing for residents is expected to stabilize the hot melt adhesives market growth in the near future.

Competitive Landscape:

Capacity Expansion of Key Players to Boost Market

The global market is dominated by key players Henkel AG & Co. KGaA, 3M, H.B. Fuller Company, Bostik, Sika AG, Arkema Group, and Dow Inc. Prominent companies in the market are focused on expanding their production capacities to strengthen their position in the market. Moreover, key players accentuate on improving their distribution network to gain a competitive advantage in the market.

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Regional Analysis:

Booming Construction Industry to Consolidate Market in Asia Pacific

The market size in Asia Pacific stood at USD 3,138.3 million in 2019. Asia Pacific is expected to dominate the global hot melt adhesives market share during the forecast period. The increasing use of hot melt adhesives in emerging economies such as India, Japan, and China will favor the market in the region. The furniture and building industries are expected to contribute significantly to the growth of the market. The heavy investment in infrastructure is likely to create lucrative opportunities for the market in Asia Pacific. The rapidly expanding packaging industry will spur demand for HMA, thus aiding the market growth in Asia Pacific.

Key Development:

August 2019: Henkel AG & Co. KGaA introduced WB and Mineral Oil-free Hot-melt PSAs at Labelexpo 2019. Henkel will provide a water-based pressure-sensitive adhesive solution with excellent wash-off characteristics through its new Aquence PS 3682.

The Report Lists the Key Players in the Global Market:

  • Exxon Mobil Corporation (Texas, U.S.)
  • Dow Inc. (Michigan, U.S.)
  • 3M (Minnesota, U.S.)
  • Henkel AG & Co. KGaA (Düsseldorf, Germany)
  • MELER (Orkoien, Navarra)
  • Sanyhot Adhesivos, S.A. (Tarragona, Spain)
  • TEX YEAR INDUSTRIES INC. (New Taipei City, Taiwan)
  • B. Fuller Company (Minnesota, U.S.)
  • Arkema Group (Pennsylvania, U.S.)
  • Sika AG (Baar, Switzerland)
  • Bostik (Wisconsin, U.S.)
  • Jowat SE (North Carolina, U.S.)
  • AVERY DENNISON CORPORATION (California, U.S.)
  • LyondellBasell Industries Holdings B.V. (Rotterdam, Netherlands)
  • Embagrap SA (Barcelona, Spain)
  • Other Key Players

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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.

9th Floor, Icon Tower,

Baner - Mahalunge Road, Baner,

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Sunday, August 7, 2022

Aluminum Curtain Wall Market Revenue In US| Aluminum Curtain Wall Industry Future Growth, Trends and Top Key Players

 According to research study by Fortune Business Insights™ The global aluminum curtain wall market size is expected to reach USD 62.22 billion by 2027, exhibiting a CAGR of 8.0%during the forecast period. The increasing awareness regarding the advantages of ACW in buildings such as temperature control, sound insulation, and impact resistance will accelerate the Aluminum Curtain Wall growth during the forecast period. The modernizing of existing buildings will spur demand for aluminum curtains owing to its eco-friendly nature and flexible design, which, in turn, will augur well for the market, states Fortune Business Insights in a report,the market size stood at USD 33.76 billion in 2019. The inclination towards aluminum due to its recyclable functionality will enable speedy expansion of the market. For instance, in the U.K. over 99% of aluminum frames are recovered from construction waste, which helps in waste reduction and thus, supports the environment.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Aluminum Curtain Wall Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Aluminum Curtain Wall Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

Market Driver:

Rising Investment inAluminum Extrusion by Key Players to Boost Sales Opportunities

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

Market Restraint:

High Installation Cost of Curtain Walls to Impede Market Revenue

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

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Major Regional Analysis:

Booming Construction Industry to Augment Growth in Asia Pacific 

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

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

  • ETEM Group
  • HansenGroup Limited
  • Schüco International KG
  • Qingdao Longxiang Building Materials Co., Ltd.
  • ALUMIL S.A.
  • Reynaers Aluminium 
  • ALUTECH 
  • EFCO Corporation 
  • Kawneer Company Inc.
  • TECHNAL
  • HUECK System GmbH & Co.KG

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Friday, August 5, 2022

Gypsum Board Market Share, Size, Expected Growth Opportunities and Forecast by 2028 | Know the Russia Ukraine Impact On Gypsum Board Industry in US



The global gypsum board market size is projected to reach USD 53.68 billion by the end of 2026. The rising construction activities across the world will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Gypsum Board Market Size, Share & Industry Analysis, By Type (Standard Board, Type X, and Others), By Application (New Housing, New Commercial, and Rework & Remodel), and Regional Forecast, 2019-2026,” the market was worth USD 39.91 billion in 2018 and will exhibit a CAGR of 3.82% during the forecast period, 2019-2026.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Gypsum Board Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Gypsum Board Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

The European Union is pushing for more sanctions against Russia, including halting imports of nuclear fuel from Russia and excluding Russia’s top lenders from the SWIFT banking system. Moreover, Russia has also imposed similar sanctions on most EU countries. The war crisis and sanctions have put a strain on global investment, trade, and economic activity.

A gypsum board is a type of material that is used as a dry wall in several infrastructure construction activities. Accounting to the exceptional properties of the product such as low cost, ease of installation, and resistance to external factors such as water and fire, the product is being widely adopted by major businesses across the world. The presence of several large scale companies, coupled with the variations in product offerings will have a positive impact on the growth of the overall market in the coming years. The emphasis recycling products will create a subsequent demand for gypsum boards across the world. Increasing environmental concerns and depletion of resources have been the triggering factors that have encouraged manufacturers to incorporate dry walls or gypsum boards. The rising construction activities as well as industrialization will open up a huge potential for the companies operating in the global market.

Increasing Number of Company Mergers and Collaborations Will Aid Growth

The report encompasses several factors that have made influenced the growth of the market in recent years. With a bid to acquiring a wider customer base, several large scale companies are looking to acquire smaller and medium enterprises. A few of the major company mergers have been highlighted in the report. In November 2019, Saint-Gobain announced that it has completed the acquisition of Continental Building Products. The company is a US based manufacturer of construction materials and through its acquisition, Saint-Gobain will look to strengthen its portfolio of gypsum products. Saint-Gobain’s latest acquisition will have a huge impact on the growth of the gypsum board market in the forthcoming years.

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Asia Pacific Currently Dominates the Market; Rising Construction Activities to Aid Growth

The report analyzes the ongoing gypsum board market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific currently dominates the market. The constantly rising construction activities, coupled with the increasing industrialization in emerging countries such as India, China, and Japan will aid the growth of the market. Besides Asia Pacific, the market in North America will also witness considerable growth in the coming years. As of 2018, the market in North America was worth USD 16.21 billion and this value is likely to increase further in the coming years.

List of companies profiled in the report:     

  • Saint-Gobain
  • Knauf
  • USG Corporation
  • National Gypsum Company
  • Yoshino Gypsum Co. Ltd.
  • USG Boral
  • Eagle Materials Inc.
  • China National Building Material Co., Ltd.
  • Taishan Gypsum Co., Ltd
  • Fletcher Building
  • Cabot Gypsum ULC

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Cosmetic Packaging Market Size, Share, Global Demand Analysis, Outlook, Latest Innovations, Development Status and Growth Forecast by 2028

The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide. Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers. More information on the market is provided in a recent report published by Fortune Business Insights titled. According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027.

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.

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What are the Objectives of the Report?

The report offers a comprehensive overview of the market and focuses on growth drivers, restraints, upcoming opportunities, and possible challenges of the market. The report also throws light on the market segmentation based on factors such as material, application, and geography with the name of the leading segment and its attributed factors. It also highlights the names of players functioning in the market and the major strategies adopted by them to gain a competitive edge in the market. Furthermore, the report provides a list of significant industry developments, current trends prevalent in the market, and other interesting insights that will help investors to make financial and beneficial decisions for the market.

Market Drivers 

Rise in Beauty Standards to Propel Growth

Various factors promoting the cosmetics packaging market growth include a rise in the beauty standards, increasing variety of cosmetics worldwide, and the rising disposable incomes of people. On the contrary, environmental concerns and animal-cruelty cases pose challenges for the market. Nevertheless, the trend of green packaging and conventional packaging solutions with customizable options are expected to create lucrative growth opportunities for the market in the forecast period.

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Regional Segmentation: 

Asia Pacific to Continue Dominance with Rising Disposable Incomes of People 

Asia Pacific dominated the cosmetics packaging market with a revenue of USD 10.50 billion in 2019 with China holding about three-fifth or more share. China is the second-largest cosmetics market after the U.S. The rapidly increasing disposable incomes of people, coupled with the increasing number of young population are likely to aid in the expansion of the market in this region. The currently trending digital transformation is holding major importance in influencing the young generation to be more inclined towards beauty, thereby increasing the demand for cosmetic products and ultimately boosting the regional market.

On the other side, North America will rank second in the market with the U.S. holding the dominant share owing to the high adoption of green packaging solutions and increasing export relations with the other nations around the world. The market in Europe will also gain traction in the forecast period on account of the gradual switch to post-consumer recycled (PCR) packaging. 

Competitive Landscape

Fragmented Nature of Market Will Intensify Future Competition

The cosmetics packaging market is fragmented in nature with the presence of multiple players. Major players are switching to reused and recycled products, keeping in mind the environmental concerns of waste management and are adopting sustainable packaging solutions. For instance, the French cosmetics brand L’Oreal has established several designated stores where they accept empty body care product bottles and jars from consumers and further convert them into new packaging used for various community projects. Such initiatives are likely to attract high revenue in the market during the forecast period. Besides this, the players are also engaging in mergers and acquisitions, contracts and agreements, joint ventures, partnerships, and other strategies for gaining a competitive edge in the market during the forecast years.

List of Cosmetic Packaging Market Manufacturers Include:

  • DS Smith
  • Albea SA
  • BIG SKY PACKAGING
  • Berlin Packaging
  • HCP Packaging
  • Berry Global
  • ALPLA Group
  • Aptar, Inc.
  • Sealed Air Corporation
  • Amcor
  • Other Players

Major Industry Developments Include:

September 2019 – After the acquisition of Lepolast, a manufacturer of lip-glosses and lipsticks, Lumson entered into a partnership with Marino Belotti, a packaging producer of compact cases and other powder boxes. This venture is aimed at the expansion of businesses of the Italian company into the Chinese market.

June 2019 – Amcor acquired the Bemis Company for strengthening the demand and supply chain of cosmetic packaging throughout the United States.

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