Metal Forging Market Size, Share & Industry Analysis by 2027

 The global metal forging market size is expected to witness significant growth owing to increasing demand of the product for the automotive sector. Furthermore, increasing government support for the production of e-vehicles will favor the adoption of metal forging. Fortune Business Insights, in its latest report, titled “Metal Forging Market Size, Share & Industry Analysis, By Raw Material (Carbon Steel, Alloy Steel, Stainless Steel, Aluminum, Magnesium, Titanium, and Others), By Technology (Closed Die, Open Die, and Others), By Application (Automotive, Mechanical Equipment, Aerospace & Railways, and Others), and Regional Forecast, 2020-2027.”, observes that the market is projected to reach USD 135,017.7 million by 2027, while exhibiting a CAGR of 6.7% between 2020 and 2027. The report further mentions that the market was worth USD 80,796.0 million in 2019.

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Metal forging is a type of metal forming method that mainly involves the use of compression force on a piece of metal to deform it, and further create the desired shape, size, and volume. The most common forged metal products are titanium, aluminum, copper, magnesium, and others. The process of forging is beneficial as it aids in strengthening of the metals by eliminating internal gas pockets that have the tendency to weaken the metals. This process also increases the strength and durability of the metals.

What does the Report Include?

The market report includes 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 and discusses the performance of the market in major regions across the world. It includes the competitive landscape that involves leading companies and the strategies adopted by these companies which have resulted in several novel products as well as major company collaborations. 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 Demand for Forged Steel in Automotive to Stoke Demand

Forged steel provides numerous benefits such as high durability, strong tensile strength, and reliability. These properties are a primary reason why forged steel is preferred over its counterparts in the automotive industry. Furthermore, the increasing adoption of closed die forging technology in the automotive industry is driving the demand for forged products. Products such as carbon steel, alloy steel, and stainless steel are used in manufacture of components such as control arm, crankshaft, connecting rods, and steering knuckles among others. Increasing adoption of the products in the automotive sector is expected to drive the global metal forging market during the forecast period. Moreover, favorable government policies to promote the adoption of e-vehicles are anticipated to aid market growth.

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Regional Insights:

Increasing Adoption of Metal Components in Automotive in Asia Pacific to Aid Growth

Among all regions, the market in the Asia Pacific is expected to witness significant growth and register the highest global metal forging market revenue during the forecast period. Furthermore, the market was worth USD 43,926.0 million in 2019 and is likely to gain momentum owing to the high demand for metal components in the industrial and automotive sectors. Favorable government policies for the promotion of e-vehicles in countries such as China and India are anticipated to drive the market growth in Asia-Pacific. Europe, on the other hand, is expected to be the second-most leading region during the forecast period. This is ascribable to factors such as the increasing adoption of forged components for the aerospace industry.

Competitive Landscape:

Product Expansion Strategies by the Companies to Augur Growth

In February 2019, Arconic announced the expansion strategy of its facility located at Knoxville, Tennessee with an investment of about USD 100 million. According to the company, the expansion aims at facilitating mass production of aluminum products to cater to the increasing demand from the automotive and industrial sectors. Furthermore, the company plans to consolidate its position for the market in the forthcoming years. Adoption of strategies such as introduction of novel products, merger and acquisition, and collaboration by the companies to gain a major chunk of the global metal forging market share will bode well for growth during the forecast period.

List of the Companies Proliferating in the Market:

• Arconic (US)
• Aichi Steel Corporation (Japan)
• Nippon Steel Corp (Japan)
• Allegheny Technologies Inc. (US)
• American Axle & Manufacturing Inc. (US)
• Bharat Forge Ltd (India)
• Bruck GmbH (Germany)
• ThyssenKrupp AG (Germany)
• L&T Special Steel and Heavy Forgings (India)
• China First Heavy Industries (China)
• All Metals & Forge Group (US)
• Schuler AG (US)
• The Japan Steel Works, Ltd. (Japan)
• Hilton Metal Forging Ltd. (India)

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Brassylic Acid Market Size, Industry Experts on Current Key Players, Forecast Report by 2029 | Prominent Companies Focus on Expanding Facilities to Strengthen Their Footprint

 The global brassylic acid market size is expected to experience considerable growth backed by the growing demand for premium perfumes and the growing demand for adhesives across the globe. This information is published by Fortune Business Insights in its upcoming report

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List of the Companies Profiled in the Global Market for Brassylic Acid:

• Cathay Industrial Biotech, Ltd.
• Palmary Chemical
• Unisource Chemicals Pvt. Ltd.
• Zibo Guangtong Chemical Co., Ltd.
• Beyo Chemical Co., Ltd
• Larodan Ab
• Evonik Industries
• Nantong Senos Biotechnology Co., Ltd.
• Shanghai Kaleys Holding Co., Ltd.
• Others

Market Segmentation:

We have segregated the global market for brassylic acid based on product type, application, process, and region. On the basis of product type, the market is segmented into paraffin oil and vegetable oil. Based on application, the market is divided into fragrances, adhesives, plastics and others. Moreover, on the basis of process, the market is segmented into chemical and fermentation. Lastly, based on the region, the market is categorized into Europe, Latin America, North America, Asia-Pacific, and the Middle East and Africa.

What does the Report Provide?

The global market for brassylic acid report provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PORTER’s Five Point Analysis and PESTEL to obtain information about the current trends and industry developments that will drive the market growth between 2020 and 2027.

DRIVING FACTORS

Increasing Demand for Premium Perfumes to Aid Growth

The rapid-paced urbanization and the high disposable income of the working population is expected to drive the demand for premium perfumes globally. Moreover, the growing demand for customization trend is propelling the manufacturers to introduce new fragrances to cater to the consumer’s demand. For instance, in February 2021, Bulgari announced the launch of new customized perfume fragrances with the launch of its Allegra collection that comes with magnifying essence to enable customers to personalize their perfumes as per personal taste. This is expected to boost the adoption of advanced brassylic acid for perfume manufacturing purposes. Moreover, the growing demand for adhesives in the construction sector is anticipated to bode well for the global brassylic acid market during the forecast period.

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REGIONAL INSIGHTS

Asia-Pacific – The region is expected to hold the largest global brassylic acid market share in terms of revenue during the forecast period. This is attributable to the high disposable income of the working population and the evolving lifestyle of consumers that will boost the adoption of brassylic acid for manufacturing premium grade perfumes in the region.

Latin America – The region is expected to experience moderate growth backed by the limited presence of manufacturers and sparse availability of substitutes that will impact the demand for brassylic acid in the region between 2020 and 2027.

COMPETITIVE LANDSCAPE

Prominent Companies Focus on Expanding Facilities to Strengthen Their Footprint

The global market for brassylic acid comprises small, medium, and large companies striving to maintain their stronghold by expanding their production facilities to cater to the growing industrial demand. Additionally, adoption of strategies such as partnership, collaboration, and merger and acquisition by other key players is expected to bode well for the growth of the market.

Industry Development:

• July 2020 - Evonik, a leading engineered polymer technology provider, announced the launch of its new manufacturing center for 3D printing located in Texas. The company aims to strengthen its position in the global marketplace with its proactive expansion strategies.

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Agricultural Films Market Scope and overview, Growth Study, Future Trends, Demands, and Top Players Data by Forecast to 2026

The global agricultural films market size is predicted to reach USD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for plastics in agricultural applications. This, factor will boost the agricultural films market trends. In addition, agricultural film has the capabilities of enhancing the productivity of the crops. Thus, growing demand for agricultural films owing to its capabilities will bolster healthy growth of the market.

The agricultural films Industry size stood at USD 8,686.0 million in 2018.The agricultural films market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner.

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Report Aim & Scope:

• The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.

Market Driver:

Environmental Concerns to Motivate Chances for Biodegradable Films

The growing environmental issues and human health threats has made biodegradable films as an alternative solution for the agricultural films sector. The rising efforts for the development of biodegradable or edible films from biopolymers with an aim to improve crops performance and farming practices among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films are made from natural polymers and are propitious, as it improves crop quality, increases yields, reduces water use for irrigation, enhances control, and pesticides. Moreover, strict government guidelines regarding environment protection will result in the expansion of the market in the forthcoming years. In addition, these films are completely organic, helping the bacterial flora to transform films into water and biomass, carbon dioxide or methane, hence reduction in water pollution.

Regional Analysis:

Surge in Food Production to Stimulate Growth in Asia Pacific

The growing population and Favorable government regulations will propel market in the region. North America is predicted to witness a high growth rate during the forecast period owing to the rising consumers shift towards plant based-food. Europe is predicted to rise perpetually in the forthcoming years owing to the rising use of biodegradable agricultural films in the region. The market in Asia Pacific stood at USD 5,924.4 million in 2018 and is expected to grow rapidly during the forecast period owing to the rising food production in the developing countries such as India and China. The growing use of mulching agricultural films will enable healthy growth of the market in Asia Pacific.

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Key Players Assessment in this Research:

• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in this market
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

The Report Lists the Main Companies in the Agricultural Films Market:

• Coveris
• RKW Group
• TrioplastIndustrier AB
• AbRaniPlastOy
• Armando Alvarez
• BASF
• Berry Global Inc.
• Kuraray Co. Ltd.
• Exxon Mobil Corporation

Key Development:

January 2019: RKW announced to expand Its silage films portfolio with PolydressSiloClassics and PolydressSiloPro. The new portfolio of the company will consist of design offerings to help farmers add a little significant value in terms of work efficiency and silage quality, also covering sustainability to cost-saving needs in agriculture.

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US Titanium Dioxide Market is anticipated to reach USD 24,092.5 million by 2027

 In a recently published report by Fortune Business Insights™, titled, "US Titanium Dioxide Market Report 2022", the analysts have provided an in-depth overview of the US Titanium Dioxide Market. The report is an all-inclusive research study of the US Titanium Dioxide market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The Global US Titanium Dioxide Market share is anticipated to grow at a progressive rate owing to the increasing demand for this chemical compound in the automotive industry, observes Fortune Business Insights™ in its report, The globalTiO2 market size reached USD 16,640.4 million in 2019 and is anticipated to reach USD 24,092.5 million by 2027, exhibiting a CAGR of 6.0% during the forecast period. Rising demand for the chemical compound from various end-use industries in the region including automobile, construction, plastic, and papers is one of the major factors driving the growth of this market.

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 market. The study assesses the market size of the 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.

Key Players in the US Titanium Dioxide Market Report:

Top companies covered are Tronox Holdings plc, The Chemours Company , Argex Titanium, Evonik Industries ,The Kish Company, Ishihara Sangyo Kaisha Ltd., Venator Materials PLC. ,Tayca Corporation ,Huntsman Corporation ,NL Industries, INEOS and more players profiled in US Titanium Dioxide Market research report

Most Important Features in this Report:

1. Detailed market study of the US Titanium Dioxide market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Titanium Dioxide Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the US Titanium Dioxide Market:

The US Titanium Dioxide research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Titanium Dioxide 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 Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Titanium Dioxide Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Titanium Dioxide Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Titanium Dioxide Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Pulp and Paper Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2028

The global pulp & paper market is expected to gain impetus from the increasing usage of e-commerce platforms by youngsters to purchase cosmetics, groceries, and food items. It is mainly occurring because of the increasing usage of smartphones and internet worldwide. This information is published by Fortune Business Insights™ in a new report, the report further mentions that the pulp & paper market size was USD 348.83 billion in 2019 and is projected to reach USD 368.10 billion by 2027, exhibiting a CAGR of 0.8% during the forecast period.

The outbreak of the COVID-19 pandemic has brought the world economy to a risky stage. It has disrupted supply chains, caused shortages of beds in hospitals, and halted production of a wide range of industries. Until a vaccine is found, we don’t know till how long this situation will persist. Our reports would help you in finding the right strategy to battle this pandemic.

This Report Answers the Following Questions:

• Which region and segment would dominate the market?
• How will the companies surge sales of pulp & paper in 2020?
• Which strategies would be implemented by players to strengthen their positions?
• What are the challenges, opportunities, dynamics, and growth drivers of the market?

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Drivers & Restraints-

Rising Shift of Companies towards Environmentally-friendly Solutions will Spur Growth

Pulp & paper are considered to be the most recyclable and sustainable materials used in packaging across the globe. Nowadays, the environmental concerns are surging and this is further compelling the manufacturers to shift towards eco-friendlier paper packaging solutions. Thus, the prominent FMCG, cosmetics, and food companies are joining hands with pulp & paper manufacturers to develop novel paper packaging solutions.

Apart from that, the emergence of the COVID-19 pandemic has raised the demand for tissue papers, especially from hospitals. These factors would contribute to the pulp & paper market growth in the near future. However, as paper industries require huge amounts of wood, the rate of water crisis & deforestation is increasing day by day. It may hinder the growth of the market for pulp & paper.

Segment-

Wrapping & Packaging Segment to Lead Owing to Usage of Paper Based Packaging Products

Based on category, the market is fragmented into newsprint, sanitary, printing & writing, wrapping & packaging, and others. Out of these, the wrapping & packaging segment generated 52.9% pulp & paper market share in 2019 and is likely to dominate in the coming years. This growth is attributable to the rising usage of paper based packaging products. Additionally, the increasing penetration of the retail sector & e-commerce have surged the demand for wrapping & packaging paper.

Regional Analysis-

Asia Pacific to Lead Backed by Increasing Demand for Paper Based Products

Asia Pacific is set to be the leading consumer of pulp & paper in the world. India is expected to showcase a robust growth throughout the forthcoming years because of the high demand for paper based products in the country. In Malaysia, Indonesia, and Vietnam, the increasing economic growth would open doors to opportunities for paper manufacturers. North America, on the other hand, held USD 64.11 billion in terms of revenue in 2019.

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Competitive Landscape-

Key Players Focus on Acquisitions & Investments to Intensify Competition

The market consists of numerous enterprises, but International Paper is the leading one. It provides papers of various grades, such as specialty papers, office papers, commercial printing papers, digital papers, and converting papers. Some of the others are mainly focusing on acquisitions and investments strategies to gain a competitive edge. Below are two key industry developments:

• April 2020: Nippon Paper Industries Co. Ltd. successfully acquired the paperboard and fiber based packaging business from Orora Limited. It would help Nippon to develop its business in New Zealand, Australia.
• April 2019: Georgia-Pacific Corporation announced the investments of USD 120 million in its Naheola Paper Mill for improving its bath tissue business. It purchased a new tissue manufacturing machine and built a tissue storage facility.

Fortune Business Insights™ lists out the names of all the prominent pulp & paper manufacturers operating in the market. They are as follows:

• International Paper (Tennessee, USA)
• Georgia-Pacific Corporation (Georgia, USA)
• Nine Dragon Paper (Holdings) Ltd. (Hong Kong)
• Stora Enso Oyj (Helsinki, Finland)
• Sappi Limited (Johannesburg, South Africa)
• Kimberly-Clark Corporation (Texas, USA)
• UPM-Kymmene Oyj (Helsinki, Finland)
• Svenska Cellulosa Aktiebolaget (SCA) (Sundsvall, Sweden)
• Oji Holding Corporation (Tokyo, Japan)
• Nippon Paper Industries Co., Ltd. (Tokyo, Japan)
• The Smurfit Kappa Group (Dublin, Ireland)
• WestRock (Georgia, USA)

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Oleochemicals Market Share, Size, Expected Growth Opportunities and Forecast by 2027 | Know the Russia Ukraine Impact On Oleochemicals Industry in US

The global oleochemicals market size is expected to reach USD 52.04 billion by 2028, exhibiting a CAGR of 6.4% between 2021 and 2028. The growing emphasis on natural oils & fats obtained from living feedstock, including plants, animals, and oilseeds, will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Oleochemicals Market, 2021-2028.” The market size stood at USD 31.42 billion in 2020.

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Inkjet Inks Market to See High Growth in Upcoming Year by 2029 | Development of Eco-friendly Inks to Open New Vistas for the Market

 The global inkjet inks market size is set to swell in the upcoming years owing to the emergence of startups specializing in the development of innovative printing solutions, observes Fortune Business Insights™ in its report, The demand for high-quality inks is escalating worldwide as a result of the huge investments made in the diverse domains of advertising, packaging, pharmaceuticals, and food processing. To meet these requirements, several startups have come up, offering novel inks and other printing technologies. For example, US-based C3Nano develops conductive inks and films using the Nanoglue technology and its inks can be applied in various applications such as e-papers, smart windows, solar cells, and touch windows. The company has collaborated with Hitachi Chemicals and Nissha Printing. Another example is an Israel-based startup called Landa Digital Printing has set up Nanographic Printing presses that facilitate the use of digital printing technologies for mainstream applications. The spawning of such startups in the past couple of decades has been an enriching development for the inkjet inks market.

 

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The Report Addresses the Following Questions:

• What are the key factors shaping the size, share, and overall growth trajectory of the market?
• What are the major challenges facing the market?
• How have the market segments been analyzed?
• Which regions are presenting the most lucrative prospects for the market?
• Who are the top market players and what are their predominant strategies?

Driving Factor

Development of Eco-friendly Inks to Open New Vistas for the Market

The throwing away of toner cartridges that contain old ink can have detrimental effects on the environment as these inks contain volatile organic compounds (VOCs) and heavy metals that pollute soils and water bodies. According to the European Commission, offset printing consumes nearly three million tons of fossil fuel-based inks chemicals every year. As a result, there is a growing preference for eco-friendly inks that have been derived from natural sources, devoid of chemicals and are, thus, biodegradable. For example, a study conducted by researchers from the Calcutta University in India in 2015 found that inks produced from rice bran oil and palm oil led to better results in terms of the ink’s chemical stability and print quality compared to regular hydrocarbon-based inks. Similarly, inks made from soybeans have been found to deliver richer and more accurate colors compared to petroleum-based ink. Thus, inks extracted from vegetable oils have shown enormous potential in terms of applicability and versatility, with the added benefit that they are likely to cause minimal damage to the environment.

 

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Report Aim & Scope:

• An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
• The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.

Regional Insights

Asia Pacific to Sit at the Apex Position; North America & Europe to Exhibit Decent Growth

Geographically, Asia Pacific is expected to dominate the inkjet inks market share in the coming years on account of the rapid expansion of the packaging industry in India and China. Moreover, economic development is encouraging businesses to adopt next-gen printing technologies, which is generating a wide array of opportunities for market players in the region. In North America and Europe, on the other hand, early adoption of advanced printing techniques such as laser printing will ensure stable growth of the market in these regions.

Competitive Landscape

Exciting New Product Releases by Key Players to Energize the Market

Key players are constantly developing and launching new and exciting products to stay ahead of the curve in the competitive landscape of this market. This is leading to increasing investments in research & development activities by the top companies in the market, which is also enabling them to widen their offerings to customers.

Industry Developments:

• October 2020: US-based Chromatic Technologies Inc. (CTI) introduced its glow-in-the-dark water-based inks for food & beverage packaging applications. CTI’s water-based inks are easy to print and have shown to be at par with their solvent or UV ink counterparts.
• October 2020: Fujifilm announced the successful testing of Finishfit Microbe Protect 2400 dispersion varnish for its digital inkjet press, Jet Press. Embedded with a nanosilver active ingredient, the water-based gloss varnish reduces the presence of bacteria and viruses.

 

List of Key Players Covered in the Inkjet Inks Market Report:

• Marabu Printing Inks
• Edge Colours
• Mylan Group
• INX International
• Splashjet
• Shenzhen Groundson Ink Technology
• Hilord
• Sun Chemical
• TOYO INK Corporate
• Kao Collins

 

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