Tuesday, November 15, 2022

Plastic Containers Market Analysis, Leading Players, Growth and Forecast Report, 2028

 The global plastic containers market size is expected to reach USD 82.00 billion in 2028, exhibiting a CAGR of 5.0% during the forecast period. The growing demand for rigid packaging from food and beverage manufacturers can have an excellent impact on the global market growth, states Fortune Business Insights, in a report, titled “Plastic Containers Market, 2021-2028.” The market size stood at USD 55.80 billion in 2020.

Get a Sample PDF Brochure

Driving Factor:

High Utilization of Rigid Plastic Containers to Favor Market

Rigid containers have shapes and forms that are relatively rigid. Because of their durability and lightweight, rigid plastic containers are becoming more popular in the food and beverage sectors. Food is safe and has a longer shelf life because of these qualities, which protect it against moisture, light, and chemicals. Furthermore, it is an effective packing material for storing and transporting food and drinks because of its small weight. The need for rigid containers in the food and beverage sectors will rise as people's lifestyles change and their expenditure on packaged items rises, further enabling the market to grow during the forecast period.



Market Segments:

Based on material, the market is classified into polyethylene terephthalate (PET), polypropylene (PP), high-density polyethylene (HDPE), low-density polyethylene (LDPE), and others

Based on container type, the market is classified into bottle & jars, pails, tubs, cups & bowls, and others. The bottles & jars segment is expected to hold the largest plastic containers market share during the forecast period.

Based on end-user, the market is classified into beverages, food, pharmaceuticals & cosmetics, FMCG, and others.

Inquire Before Buying This Research Report

Regional Insights:

Booming Beverage Sector to Propel Market in Asia Pacific

The Asia Pacific region accounted for the highest market share, with China and India leading the way. The increasing beverage sector is responsible for the region's growth. This drives up the need for plastic bottles to store water and fizzy beverages. Polyethylene terephthalate (PET) is the most common material used in beverage bottles. As a result, growing consumer expenditure on carbonated beverages would propel the market in this area to new heights. Moreover, due to the booming food and medicines industries in North America, the United States is the major donor. To prevent leakage of food and drinks in the food sector, stiff plastic bottles and jars are commonly employed.

Competitive Landscape:

Ongoing Advancements by Prominent Players to Intensify Market

The competitive landscape shows a fragmented industry with ALPLA as a key competitor. A diverse product range and ongoing advancements by the firm to develop new plastic items are key elements in the business's leadership position.

Key Developments:

March 2021: Greiner Packaging announced the expansion of its range of bottles to meet the increased demand. The new range will include 16 bottles that can be used for sanitizers made from up to 100 percent r-PET.

Speak to Our Expert


Automotive Tinting Film Industry explores New Growth Opportunities by 2027 | Surging Carbon Emissions to Spur Business Opportunities

 The global automotive tinting film market size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019

The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities 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.

 

The Automotive Tinting Film market features:

  • Wide-ranging analysis of all the segments
  • Futuristic facts and figures
  • All-inclusive information about industry players
  • Latest industry trends
  • Detailed analysis of COVID-19

Get a Sample Report

https://www.fortunebusinessinsights.com/enquiry/sample/automotive-tinting-films-market-102312

 

Market Driver:

Surging Carbon Emissions to Spur Business Opportunities

The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period.

 


Market Restraint

Drastic Fall in Car Sales to Thwart Market Development During Coronavirus

The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020. The analysts at Fortune Business Insights forecast, the global automotive tinting film sales will drop by 15 or 20% due to the economic recession.

Regional Analysis:

High Adoption of Tinting Films to Boost Growth in Asia Pacific

The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others.

Inquire Before Buying Report

https://www.fortunebusinessinsights.com/enquiry/queries/automotive-tinting-films-market-102312

 

Key Development:

January 2020: SolarGard, a giant supplier of Automotive Tinting Film headquartered in the US, announced its Asian automotive distribution partnership under the name ShengJia. The launch of a new paint protection brand in China will boost the company’s hold over the Asian Automotive Industry.

The Report Lists the Main Companies in this Market of Automotive Tinting Film:

  • The 3M Company (US)
  • Eastman Performance Films, LLC {LLUMAR} (US)
  • Johnson Automotive Tinting Film, Inc. (US)
  • Toray Plastics (America), Inc. (US)
  • Solar Gard (Saint-Gobain Performance Plastics Corporation) (US)
  • Madico Inc. (US)
  • Avery Dennison Corporation (US)
  • ZEOfilms (China)
  • American Standard Automotive Tinting Film (US)
  • Other Players

Get a Customized Report

https://www.fortunebusinessinsights.com/enquiry/customization/automotive-tinting-films-market-102312


Lyocell Fiber market report is to educate market business owners

 Report Summary:

Fortune Business Insights™ has published a new research study “Lyocell Fiber Market 2022 Analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook.”

 

Market Overview:

The Lyocell Fiber Market 2022 research report provides a comprehensive analysis of the global market, domestic and national market sizes, segmentation demand growth, request share, competitive landscape, deals analysis, the influence of domestic and international market players, value chain optimization, trade regulations, recent developments, openings analysis, strategic demand growth analysis, product launches, regional business expansion, and technological innovations. The report provides a broad overview of the business and is detailed in its definitions and categorizations. The global Lyocell Fiber Market report analyzes the competitive environment, growth patterns, and vital geographical areas.

Request a Sample PDF Report- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/105386

 

Discover Fortune Business Insights™ Research Analysts' Exclusive Analysis on Price Sensitivity, Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria.

  • One of the core components of the Customer Landscape is Price Sensitivity – an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

  • Additionally, this research discusses the effects of price sensitivity drivers, which are anticipated to vary from LOW-HIGH from 2022–2029 (purchases are undifferentiated, the purchase is a significant expense to the customer, and quality is not crucial).

  • Our study includes both qualitative and quantitative intelligence and offers comprehensive data on the Lyocell Fiber Market’s client base.

 

2

Top Key Players are covered in the Lyocell Fiber Market Report:

With the help of the competitive analysis included in this report, important tactics taken by leading competitors in the Lyocell Fiber market can be simply studied. This will assist players in becoming more familiar with their hardest competitors’ moves in the market.

Companies covered in the Lyocell Fiber Market are The key players in the lyocell fiber market include Lenzing AG, Acegreen Eco-Material Technology Co., Ltd., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., Chonbang Co., Ltd., Weiqiao Textile Company Limited, Zhejiang Yaojiang Industrial Group Limited, China Populus Textile Ltd., Great Duksan Corp., Qingdao Textiles Group Fiber Technology Co., Ltd., Smartfiber AG, and Acelon Chemicals & Fiber Corp.

 

Competitive Assessment:

The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (market experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Lyocell Fiber market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the market among others.

The report focuses on the world’s largest and most significant market participants, including company profiles, product specifications, pricing, costs, and contact information. This statistical study illustrates the Market’s growth prospects. It also sheds insight into the worldwide Market market segmentation. This study also includes information on geographical classification and its influence on worldwide Lyocell Fiber Market demand. The size was large in the previous figure time frame, and it is expected to achieve much higher esteems in the present speculation time period 2022 to 2028. The CAGR rate is also predicted to fill in the present time period. The report’s 130 Pages provide important facts about the market’s state and are a great resource for businesses and direction for companies and individuals interested in the market.

To learn more about the Lyocell Fiber market, you can get in touch with our Analyst- https://www.fortunebusinessinsights.com/enquiry/queries/105386

 

Key Highlights of the Lyocell Fiber Market Reports:

– Comprehensive Assessment of the Parent market.

– Evolution of Key Aspects of the market Survey of market.

– Wide market Segments Assessment of market Value and Amount for Past, Present, and Forecast Year.

– Historic, existing, and predictable market size in terms of extent and worth.

– market Share Assessment Niche market Sector

 

Scope & Segmentation of the Report:

The Lyocell Fiber market report comprises an in-depth study of the potential segments including product type, application, and end-user, and their contribution to the overall market size. The report provides an accurate and professional study of The complex analysis of opportunities, growth factors, and future forecasts presented in simple and easy-to-understand formats. The report covers the market by developing technology dynamics, financial position, growth strategy, and product portfolio during the forecast period.

 

Lyocell Fiber Market Analysis and Outlook:

The main focus of the Lyocell Fiber market report is to educate market business owners about various dynamics of the market such as market size, current trends, growth opportunities, multiple factors affecting the market, and novel technological advancements in this market over the forecast period (2022-2029). The market analysis includes a section solely dedicated to the major players in the global market, where our analysts provide an insight into the financial statements of all the major players along with product benchmarking and SWOT analysis of their key developments.

 

The study objectives of this report are:

1] To study and analyze the global Lyocell Fiber market size (value and volume) by the company, key regions/countries, products and applications, history data from 2015 to 2029, and forecast to 2029.

2] To understand the structure of the Lyocell Fiber market by identifying its various subsegments.

3] To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, market-specific challenges, and risks).

4] Focuses on the key global Lyocell Fiber market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

5] To analyze the Lyocell Fiber market with respect to individual growth trends, future prospects, and their contribution to the total market.

6] To project the value and volume of the Lyocell Fiber market, with respect to key regions (along with their respective key countries).

7] To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8] To strategically profile the key players and comprehensively analyze their growth strategies.

Buy Exclusive Report- https://www.fortunebusinessinsights.com/checkout-page/105386

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

Email: sales@fortunebusinessinsights.com

Monday, November 14, 2022

Fly Ash Market Revenue In US| Fly Ash Industry Future Growth, Trends and Top Key Players

The global CBD oil market size is expected to showcase considerable growth by reaching USD 55,791.3 million by 2028 while exhibiting an exceptional CAGR of 47.49% between 2021 and 2028. This information is published by Fortune Business Insights, in a report, titled “CBD Oil Market, 2021-2028.” The report further mentions that the market stood at USD 2,770.8 million in 2020. Factors such as the increasing product approvals by the FDA and concerned government agencies and the growing demand for CBD amongst the health and fitness enthusiasts will bode well for the growth of the market. For instance, according to a report by the Harvard Health Institute in 2018, CBD can be extensively adopted to provide relief from health issues such as anxiety, insomnia, etc.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/fly-ash-market-101087

Russia-Ukraine War Implication

The Russia-Ukraine war could change the Fly Ash 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 Fly Ash 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.

List of the Leading Companies Profiled in the Global CBD Oil Market are:

  • Medical Marijuana Inc. (California, U.S.)
  • Cannoid, LLC (Colorado, U.S)
  • Isodiol International Inc. (Vancouver, Canada)
  • ENDOCA (Chicago, U.S.)
  • Folium Biosciences (Texas, U.S.)
  • Nuleaf Naturals Llc. (Colorado, U.S)
  • Pharmahemp d.o.o (Slovenia, Europe)
  • Elixinol Global (Sydney, Australia)
  • CV Sciences (California, U.S.)
  • Medterra CBD (California, U.S.)

 

What does the Report Provide?

The global market 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 2021 and 2028. Our well-revised reports help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

DRIVING FACTORS:

Increasing FDA Approvals for CBD Products to Promote Market Growth

The prominent players in the market are focusing on launching novel and advanced products to cater to the high demand for CBD among consumers. The increasing utilization of the product in the manufacturing of medicines and consumer products will create lucrative opportunities for the market. The rising approval grants from the government agencies for various CBD products is further expected to favor the growth of the market.

Additionally, the proactive focus of the manufacturers towards the incorporation of CBD in a variety of food products is expected to contribute to the global cannabidiol market growth during the forecast period.

Market Segmentation:

On the basis of source, the market is bifurcated into marijuana and hemp. Furthermore, based on application, the market is segregated into food & beverages, pharmaceuticals, pet care, cosmetics, and others.

On the basis of application, the pharmaceuticals segment is expected to hold the largest global cannabidiol market share during the forecast period. This is owing to the constant focus on developing innovative medical products across the pharmaceutical industry worldwide.
Lastly, based on region, the market is categorized into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/fly-ash-market-101087

REGIONAL INSIGHTS

North America – The region stood at USD 1276.7 million in 2020 and is anticipated to hold the highest position in the market in the forthcoming years. This is attributable to the favorable government policies that enable the commercialization of cannabidiol products in countries such as the U.S. and Canada.

Europe – The market in the region is anticipated to showcase exponential growth backed by the rising sales of CBD products such as vaping, smoking, and edibles in the region between 2021 and 2028.

COMPETITIVE LANDSCAPE

Major Companies Focus on Partnerships to Brighten Their Market Prospects

The global market for cannabidiol is experiencing healthy competition among key players that are focusing on partnering with other companies to expand their product portfolio and further boost sales revenues. Additionally, the other major companies are striving to maintain their presence by adopting strategies such as merger and acquisition, facility expansion, and collaboration that will bode well for the growth of the market in the forthcoming years.

Key Industry Development:

February 2020 - Colgate-Palmolive Company announced the launch of a new product in the U.S. The company reports that the product, CBD Vegan Lip Balm, will help to expand its cosmetics business in the country.

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/fly-ash-market-101087

US Lyocell Fiber Market Report potential to affect the dynamics of the market

 In a recently published report by Fortune Business Insights™, titled, "US Lyocell Fiber Market Report 2022", the analysts have provided an in-depth overview of the US Lyocell Fiber Market. The report is an all-inclusive research study of the US Lyocell Fiber 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.

Request a Sample PDF Report:-  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/105386


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 Lyocell Fiber Market Report:

Companies covered in the US Lyocell Fiber Market are The key players in the US Lyocell Fiber market include Lenzing AG, Acegreen Eco-Material Technology Co., Ltd., Aditya Birla Group, Baoding Swan Fiber Co. Ltd., Chonbang Co., Ltd., Weiqiao Textile Company Limited, Zhejiang Yaojiang Industrial Group Limited, China Populus Textile Ltd., Great Duksan Corp., Qingdao Textiles Group Fiber Technology Co., Ltd., Smartfiber AG, and Acelon Chemicals & Fiber Corp.

Most Important Features in this Report:

1. Detailed market study of the US Lyocell Fiber 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 Lyocell Fiber Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

Request Here for Customization @  https://www.fortunebusinessinsights.com/enquiry/customization/105386

Regional Segmentation of the US Lyocell Fiber Market:

The US Lyocell Fiber 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 Lyocell Fiber 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 Lyocell Fiber 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 Lyocell Fiber 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 Lyocell Fiber 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…

Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/105386

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

Email: sales@fortunebusinessinsights.com 

Sunday, November 13, 2022

Lithium Industry to See High Growth in Upcoming Year by 2028 | Product, Application, and Region are studied for the Market

 The global lithium market size was USD 3.64 billion in 2020. The market is projected to grow from USD 3.83 billion in 2021 to USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “Lithium Market, 2021-2028.” According to our researchers, prompt progressions in the rechargeable batteries for laptops, mobile phones, Electric Vehicles (EVs), as well as digital cameras, directed by the growth in the Li-ion battery market across the world shall power the product demand. Growing demand for batteries, glass & ceramics, lubricants, foundry and others is anticipated to nurture the growth of the lithium market forecast.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/lithium-market-104052

Segmentation

Product, Application, and Region are studied for the Market

Based on product, the lithium market is classified into carbonate, hydroxide, and others. In terms of application, the market is categorized into batteries, glass & ceramics, lubricant, medical, polymers, metallurgy, and others. The batteries segment accounted for the major lithium market share in 2020 and is probable to endure its domination during the forecast timeframe. Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

List of Lithium Market Players Covered in this Report are:

  • FMC Corporation (India)
  • Albemarle Corporation (U.S.)
  • SQM S.A. (Chile)
  • Tianqi Lithium (Australia)
  • International Lithium Corp. (China)
  • LSC Lithium Corporation (Canada)
  • American Lithium Corp. (Canada)
  • Livent (U.S.)
  • Avalon Advanced Materials (Canada)
  • Sayona Mining Limited (Australia)

Report Coverage

The report presents a holistic study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, a thorough regional analysis is offered.

The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the lithium market growth are shared in the report.

Drivers and Restraints

Rising Embracement of Electric Vehicles to Assist Market Growth             

The evolution of the automotive industry over the past few years, coupled with technological advances will have a massive impact on the EV market. EVs are designed to replace conventional traveling ways owing to advancements in technology, low carbon emission, low maintenance, smoother drive, the convenience of charging at home, reduced engine sound, and high fuel economy. EVs help reduces air pollution in densely populated areas and GHG emissions. This is expected to boost the lithium market regional analysis during the mentioned timeframe.

Regional Insights

North America held the maximum lithium market share in 2020 and is expected to grow at a substantial pace during the forecast period. The rising implementation of cleaner energy sources, owing to strict supervisory guidelines is increasing the regional growth.

The Asia Pacific is anticipated to hold the maximum share of the global market, owing to extensive utilization in the industrial and commercial sector involving power, chemical, electronics, industrial, and general manufacturing among others.

Europe has perceived a considerable industrial development in the past decade. The rising investment of the European Union for R&D in automobile, ICT, and healthcare sectors is the prime aspect driving the growth.

Competitive Landscape

Acquisitions Commenced by Significant Companies to Encourage Market Growth

The dominating players in the market frequently choose effective tactics to thrust their brand value as well as endorse the global market growth of the product with confronting the least conceivable complications. One such resourceful strategy is purchasing competitive companies and further fortifying a profit for both the companies.

Industry Development

June 2021: Ganfeng Lithium declared to upsurge its lithium carbonate generation by 600,000 tons equal to a year, as a requirement for the commodity utilized in electric-vehicle batteries rises. The company is set to sell approximately USD 630 million in novel shares to enhance capacity and fund latent investments.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/lithium-market-104052

Thursday, November 10, 2022

Carbon Fiber Tapes Industry Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 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.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/carbon-fiber-tapes-market-104055 


The report on carbon fiber tapesmarket 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

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/carbon-fiber-tapes-market-104055