Monday, October 10, 2022

Carbon Dioxide Market Revenue In US| Carbon Dioxide Industry Future Growth, Trends and Top Key Players

The global carbon dioxide market size is predicted to reach USD 12.15 Billion by 2027, exhibiting a CAGR of 2.5% during the forecast period. The growing construction of water treatment plants in developing nations will spur the demand of the market in the forthcoming years. The rising oil exploration and drilling activities will necessitate the use of solvents in the process, which, in turn, will boost the carbon dioxide market growth during the forecast period, states Fortune Business Insights in a report, titled “Carbon Dioxide Market Size, Share & Industry Analysis, By End-Use Industry (Food & Beverage, Oil & Gas, Metal Fabrication, Medical, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 10.00 Billion in 2019

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Carbon Dioxide 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 Carbon Dioxide 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:

Heavy Demand for CO2 in Oil and Gas Industry to Enhance Market Potential

The growing utilization of carbon capture and storage (CCS) technology for the procurement of CO2 from the carbon emissions produced by biomass power plants, cement manufacturing, and consumption of fossil fuels for electricity generation will contribute effectively to the growth of the market. This process also aids in lowering carbon emission in the atmosphere and preventing air pollution. The increasing application of carbon dioxide in the oil & gas industry for enhanced oil recovery will incite the practice of CCS technology for capturing CO2.  The growing cognizance about the benefits of CCS such as, reduced CO2 emissions, positive environmental impact, and maintain ecological balance will escalate the adoption of the is technology. In addition, the rising implementation of carbon capture and storage (CCS) technology around the globe can be an essential factor in bolstering the growth of the market in the foreseeable future.

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Regional Analysis:

Advancement in Carbon Attainment Methods to Aid Expansion in North America

The market in Asia Pacific stood at USD 3.62 Billion in 2019 and is likely to witness a high growth rate during the forecast period owing to the demand from the food & beverage and medical industry in the developing nations. For instance, China is one of the biggest suppliers of carbon dioxide around the world. The developing medical industry in India will promote the growth of the market in the region. The market in North America is predicted to rise tremendously during the forecast period due to the high demand for CO2 in oil recovery applications. The increasing initiatives for the use of carbon dioxide in various industrial applications will enable speedy growth of the market in the region. Moreover, the technological advancement in CO2 extraction methods will aid growth in North America. The market in Europe is likely to account for a significant share in the forthcoming years. The growth in the region is attributed to the use of carbon dioxide in alcoholic and non-alcoholic beverages in the food & beverage industry. Therefore, the demand for carbonated beverages will propel the market in the region. The market in Latin America and the Middle East & Africa is predicted to grow rapidly during the forecast period owing to the rising oil & gas exploration activities. The rising consumption of carbon dioxide in oil recovery activities to boost the market in the Middle East and Africa.

Key Development:

March 2019: Air Products announced that it has acquired ACP Europe SA, one of the largest biggest carbon dioxide manufacturers in Europe. The acquisition will aid the company to cater to the demand for carbon dioxide and better serve its customer across the European continent.

The Report Lists the Main Companies in the Carbon Dioxide Market:

  • Linde plc (Ireland)
  • Air Products and Chemicals, Inc. (U.S.)
  • Air Liquide (France)
  • Sicgil India limited (India)
  • Matheson Tri-Gas, Inc.(U.S.)
  • Universal Industrial Gases, Inc.(U.S.)
  • The Messer Group GmbH (Germany)
  • SOL Spa (Italy)
  • POET, LLC(U.S.)
  • Reliant Gases(U.S.)
  • India Glycols Limited (India)

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Brown Fused Alumina Market Trends, Growth, Size, Segmentation, Demands, Revenue, Regional Forecast by 2029

 The global brown fused alumina market size is anticipated to showcase substantial growth in the forthcoming years due to rising demand for metal abrasives. This information is published by Fortune Business Insights in its report, titled "Brown Fused Alumina Market, 2022-2029". The product is a hard and sharp abrasive utilized especially for grinding materials and metals with high tensile strength. It is primarily utilized in the industry of manufacturing refractory products attributed to its exceptional thermal properties. The rising adoption of abrasive blasting methods for contaminant removal is augmenting significant market growth. 

COVID-19 Impact

The constant lockdown across various major nations has resulted in logistic issues, storage issues, and production issues. Moreover, it also led to a scarcity of skilled labor across production units as massive migration took place during this timeline. For instance, by March 2020, U.S. steel production fell 12.7%, and the market experienced an explicit reduction in steel imports in January and February 2020. The post-pandemic situation is anticipated to promote the brown fused alumina growth substantially.

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Market Segmentation

Based on type, the market for brown fused alumina is segmented into dumping furnace and fixed furnace. By application, the market is segmented into sand blasting, free grinding, resin-bonded abrasives products, coated abrasives product, and other applications. Based on geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

What Does the Report Contain?

The report has details on all the latest technology available in the brown fused alumina industry. The technological advances made in the industry has been highlighted and the potential opportunities associated with that. The report establishes the challenges of the market and advices various solution to them. It also mentions the growth stimulating factors, the restraints, consumption pattern, distribution channels, and all other vital information associated with the market.

Drivers & Restraints

Increasing Demand for Metal Abrasives to Favor Market Growth

The rising demand for different kinds of abrasives for several sectors such as metallurgical, industrial, and automotive is projected to boost brown fused alumina market growth. Moreover, the growing utilization of abrasive blasting methods like sandblasting to remove surface contaminants in industries is propelling sales in the market. In addition to these, several other applications of the product are contributing to revenue generation in the industry.

Also, rapid industrialization in countries such as India and China is substantially enhancing product development. The current consumption pattern is likely to pose profitable to the market shareholders.

Regional Insights

Widespread Demand for Alumina Products to Boost the Asia Pacific Market

Asia Pacific is anticipated to lead the brown fused alumina market share in the upcoming years. This is due to the large bauxite reserve in Australia for the production of alumina and its products. Also, the low labor cost in the region is promoting the production and sales of the product.

North America is expected to showcase substantial growth by 2028. This is owing to the high product demand for metal abrasion and is positively impacting the market.

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Competitive Landscape

Key Players to Focus on R&D to Facilitate Business Expansions

The fragmented structure of companies results in only a few prominent players in brown fused alumina industry. These players are focus on business expansion at the regional and global levels. This is due to the high-end products demanded from the various end-users. The technological innovation and developments in the market landscape is anticipated to expand the business horizon. Moreover, the market is experiencing several collaborations, partnership, acquisition, and others in recent years. Expansion of production facilities as well as distribution channels is contributing significantly to the market growth.

List of Key Players Profiled in the Market:

  • Orient Abrasives
  • LKAB Minerals
  • RuiShi Group
  • Washington Mills
  • CUMI Electro Minerals
  • Electro Abrasives


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Friday, October 7, 2022

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

The global ethyl acetate market size is expected to reach USD 4,368.9 million by 2027, exhibiting a CAGR of 9.07% during the forecast period. The growing application of ethyl acetate in the paints & coatings industry is expected to foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Ethyl Acetate Market Size, Share & COVID-19 Impact Analysis, By Application (Paints & Coating, Printing Ink, Process Solvent, Food & beverage, and Others), and Regional Forecast, 2020-2027.” The market size stood USD 3,323.2 million in 2019.

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Russia-Ukraine War Implication

The Russia-Ukraine war could change the Ethyl Acetate 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 Ethyl Acetate 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.

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 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.

The Report Lists the Main Companies in this Market:

  • INEOS (UK)
  • Celanese (US)
  • Eastman Chemical (US)
  • Jiangsu Sopo (China)
  • Jiangmen Handsome (China)
  • Wuxi Baichuan (China)
  • Jubliant (India)
  • GODAVARI BIOREFINERIES LTD. (India)
  • Sekab (Sweden)
  • Korea Alcohol (South Korea)
  • IOL Chemicals and Pharmaceuticals (India)
  • Other players

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The report on the ethyl acetate market includes:

  • An excellent report on the market
  • Vital stats about main regions
  • Recent developments
  • Wide-ranging data about eminent players
  • COVID-19 impact on the market

Hindered Import and Export Activities to Deteriorate Business Amid Coronavirus

The weak demand for ethyl acetate due to coronavirus has resulted in an enormous loss for the market. The restrictions imposed by the governments on import and export activities has further obstructed the growth of the market. For instance, China is the largest producer and exporter is facing a trade war with the US which has further impacted its exports. However, the demand for ethyl acetate from the packaging industry has remained poised owing to the essential supply of packaged food during coronavirus. Besides, the weakened construction industry on account of labor shortage can consequently impede business proceeding for the market in the near future.

Regional Analysis:

High Production of Ethyl to Promote Growth in Asia Pacific

The market size in Asia Pacific stood at USD 2,312.3 million in 2019 and is expected to dominate the global market owing to the growing production of chemicals in China, India, Indonesia, Taiwan. China is the largest manufacturer and exporter of ethyl acetate in the world. In India, sugarcane molasses is the largest source of ethanol production, thus aiding in ethyl acetate creation in large quantities. Moreover, India exports substantial quantities of ethyl acetate to Europe. The ongoing export activities will back the growth of the market in Asia Pacific. Europe is expected to exhibit a high growth rate owing to the increasing consumption of ethyl acetate. The presence of major paints & coating manufacturing companies such as Akzo Nobel, BASF, Jotun, and others will further foster growth in the region. The market in North America is expected to hold a relatively small market share compared to other regions.

Market Driver:

Growing Utilization of Printing Ink to Support Development

The developing printing ink industry in various regions around the world will contribute positively to the growth of the market. The growing consumption of ethyl acetate in the manufacturing of printing ink will foster the healthy growth of the market. The evolving lifestyle of people will influence the healthy growth of the market. The increasing juggernaut production capacities of required solvents such as ethyl solvents used in the manufacturing of printing ink will have a tremendous impact on the market. Moreover, the desired properties of ethyl acetate make it ideal for manufacturing both flexographic and rotogravure printing inks. Hence, the growing demand for flexographic and rotogravure printing inks will simultaneously enable speedy expansion of the market in the forthcoming years.

Key Development:

August 2019: Celanese Corporation, a renowned player in the ethyl acetate market, announced that it has increased the price of its ethyl acetate product in the European market. It increased the cost by around EUR 110 per ton.

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Hotel Room Safes Market by Latest Covid-19 Impact and Global Analysis to 2029 | Rising Awareness about Safety Features to Propel Market Growth

 The global hotel room safe market size is likely to surge exponentially in the upcoming years. The rising business travels result in a high number of hotel stays, which, in turn, can fuel demand for hotel room safe. The increasing adoption of safes in hotels is likely to propel market growth, shares Fortune Business Insights™ in its report titled "Hotel Rooms Safe Market, 2021-2028." 

The emergence of new business organizations and startups in recent years has led to an increase in travel. A hotel room safe is used to secure the client's expensive and important belongings. The hotels set up the safe within the client's rooms to offer comfort and security to clients. Frequent in and out of clients necessitates the demand for security of client's belongings such as documents, electronics, important papers, passport, jewelry, and others. The safe offers advanced security features such as the availability to unlock by fingerprint, eye detection, face detection, voice detection, and others. Its rapid adoption in the hotel room safe can elevate market growth in the foreseeable years. 

Restrictions on Travel to Dwindle Market Growth

The restrictions on travel due to the government lockdown have deteriorated the market growth. The rising COVID-19 patients have provoked the governments to take necessary measures to control the spread of the infection. Hotel safe's production activities have come to a halt because of the lockdown and curfews. The lack of raw materials for producing the safes is likely to startle the market growth.

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Segments

By type, the market is segmented into mechanical and digital. Based on applications, it is divided into built-in, free-standing, and others. Geographically, it is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Highlights of the Report

  • The report provides an analysis of the leading market trends and the top segments.
  • It comprehensively studies the driving and restraining factors and the impact of COVID-19 on the global market.
  • This report examines the regional developments and the strategies devised by the market's key players.

Drivers and Restraints

Rising Awareness about Safety Features to Propel Market Growth

The consumer's awareness of hotel room safe's benefits shall fuel the product demand. Increased travel and concerns have led to enhancement in the hotel room safe in several motels. Theft concerns have provoked the manufacturers to incorporate advanced safety features and advanced technology to enhance security. It is available in mechanical and digital types to ensure security. Digital safe uses eye-tracking, fingerprints, face detection, and other technologies to provide safety to consumers' goods. Hence, the strong product demand is expected to drive the hotel room safe market growth.

However, intense competition in the market can likely restrain the market growth.

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Regional Insights

Economic Advancement in Developing Countries to Boost Market Growth in Asia Pacific

Asia Pacific to dominate the hotel room safe market share because of the economic advancement indeveloping countries. Additionally, strong demand for advanced safety features to secure the client's possessions is likely to propel market growth in the region.

In North America, factors such as rising crime, technical advancements, increasing infrastructure security, increasing end-use applications, and capital investment in the research & development strategies are likely to bolster market growth. 

In Europe, increasing travel and rising awareness regarding safe’s security featuresis likely to boost the market growth.

Competitive Landscape

Incorporation of New Technology by Prominent Players to Enhance Brand Image

The prominent companies are incorporating the best technologies and features in their products. This attracts several consumers due to the enhanced protection of their assets, thereby enhancing its brand image. In addition, the incorporation of partnership strategies enables companies to enhance their product offerings and improve their reach in the global market. Furthermore, the companies focus on the expansion of their product range to improve their product portfolio. This factor can spur competition, which, in turn, can stimulate market growth.

Industry Developments

  • 2020: A Swedish security solutions provider named Gunnebo introduced its 'Experience Center' in Bengaluru. In addition, the company announced a range of external protection devices. The launch of this center can help the company to showcase its Hallmark and Chubbsafes range of biometric safe protection in India under the Steelage brand.

List of Key Players Profiled in the Hotel Room Safe Market Report

  • Global Safe Corporation
  • Indel B
  • CONFORTI
  • Gunnebo AB
  • ARREGUI
  • ASSA ABLOY Hospitality (Formerly VingCardElsafe)
  • JVD
  • FAS
  • Dometic Hotel Equipment
  • Itec
  • VITRIFIGO
  • Minibar Systems
  • TECHNOMAX
  • POITOUX
  • STOCKINGER BESPOKE SAFES
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Thursday, October 6, 2022

Permanent Magnet Market Business Strategies and Massive Demand by 2026

The global permanent magnet market size is expected to reach $34.70 billion by 2026 owing to the rising need for energy and the use of strong magnets for power generation. According to a recently published report by Fortune Business Insights, the market value stood at $17.85 billion in 2018 and will exhibit a CAGR of 8.7% in the forecast duration set between 2019 to 2026.

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SMMV Manufacturing Plant in Vietnam to Strengthen Portfolio by Increasing Production Capacity

Shin-Etsu Magnetic Materials Vietnam Co., Ltd. (SMMV) completed constructing a manufacturing plant for rare earth magnet in Hai Phong Province of Vietnam in the year 2016 and started operating from June 2017. Rare earth magnets are used for a variety of applications such as electric and hybrid automobiles, hard disk drives, and energy-saving air conditioners. The SMMV aims at multiplying the production capacity by two times up to 2,200 tons of earth magnet on an annual basis. The magnets produced in this plant will be shipped t0o end-users after processing them in other plants located in different nations across Southeast Asia. Such initiatives taken by market vendors are likely to aid in the expansion of the market in the future years.



Increasing Use of Neodymium Iron Boron Will Add Impetus to Market

The increasing demand for consumer electronics is a major permanent magnet market growth. This includes gadgets such as Music systems, computers, laptops, mobile phones, and others. In addition to this, the increasing use of neodymium iron boron (NdFeB) with its beneficial properties such as repulsion, attraction, and energy conversion will also aid in the expansion of the market in the coming years.

On the negative side, the fluctuating prices of raw materials such as alloys, and increasing prices of energy may cause major hindrance to the overall market in the coming years.

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Players Aiming at Setting up Bases in China to Gain Competitive Edge

China holds an estimate of more than 70% of the market share. Therefore, players are aiming at expanding their geographical base in this nation and investing heavily in the same for gaining an upper hand on resources and production while cutting down the export cost. Besides this, vendors are engaging in mergers and acquisitions, contracts and agreements, joint partnerships, and other collaborative efforts to attract high revenue to the market in the forthcoming years.

Significant Industry Developments of Market include:

May 2018 – A consolidated subsidiary of Santoku Corporation was acquired by Hitachi Metals Ltd. for turning it to a wholly-owned subsidiary to strengthen the cooperation between companies and accelerate the process of decision making.

February 2019 – A new research and development facility was formed by Arnold Magnetic Technologies at the MGE Innovation Center complex located in Wisconsin, United States.

Further Report Findings

  • Asia Pacific held the dominant permanent magnet market share with a revenue of USD 13.82 Billion in 2018, attributed to increasing demand for consumer electronics and applications running on energy.
  • Based on segmentation by application, the market is dominated by the consumer electronics segment on account of 36.7% share on account of the demand for various devices such as smartphones, laptops, speakers, and others.

List of Notable Market Manufacturers are:

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

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US Thermoplastic Polyurethane (TPU) Market Competitive Landscape Key Players’ Strategies and Product Portfolio

 In a recently published report by Fortune Business Insights™, titled, "US Thermoplastic Polyurethane (TPU) Market Report 2022", the analysts have provided an in-depth overview of the US Thermoplastic Polyurethane (TPU) Market. The report is an all-inclusive research study of the US Thermoplastic Polyurethane (TPU) 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 Thermoplastic polyurethane (TPU) market size is expected to reach USD 3.81 billion by 2028 from USD 2.32 billion in 2021, exhibiting a CAGR of 7.3% between 2021 and 2028. The growing innovations in TPU by OEMs can have an excellent effect on this market in the forthcoming years, states Fortune Business Insights, in a report, titled “US Thermoplastic Polyurethane (TPU) Market, 2021-2028.” The market size stood at USD 2.34 billion in 2020.

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 Thermoplastic Polyurethane (TPU) Market Report:

Companies covered in the US Thermoplastic polyurethane (TPU) market are BASF SE, Lubrizol Corporation, Covestro AG, Huntsman Corporation, COIM Group, American Polyfilm Inc, Kuraray Co., Ltd, ALPHAGARY, Kent Elastomer Products, Entec Polymers, and more players profiled

Most Important Features in this Report:

1. Detailed market study of the US Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) Market:

The US Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) 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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Returnable Glass Bottle Ink market Size, Global Industry Analysis and Opportunity by 2029 | Increasing Focus on Recycling Processes to Aid Growth

 The global returnable glass bottle ink market size is expected to grow substantially in the forthcoming years as per the report, titled "Returnable Glass Bottle Ink Market 2021-2028" by Fortune Business Insights™. The increasing adoption of the ink to print date codes and batch on glass bottles is likely to boost its demand. These bottles can be easily cleaned and washed for further refilling. The washing process removes the old ink and prints new batch numbers and date codes.

COVID-19 Impact

The COVID-19 pandemic impacted all the enterprises globally. Similarly, a negative impact was witnessed in the market amid the pandemic. This is due to drastic reduction in the consumption of bottles on account off closed stores and lockdowns. Also, the international and domestic borders were closed off. This further created disturbance in the supply chain of raw materials for production.

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Market Segmentation

The market of returnable glass bottle ink is segmented by ink type, application, and market geography. The market is divided into black, white, and yellow ink based on type. By application, the market is divided into alcoholic beverages and non-alcoholic beverages. The market is divided based on geography into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

What Does the Report Contain?

The global market for returnable glass bottle ink report is the analysis of all the in-depth primary and secondary research along with expert reviews. The market estimates are given in careful consideration of various economic, political, social, and current market dynamics. Porter's five forces analysis used in creating this report gives deep insights into various factors that affect the market ecosystem. It also offers a comprehensive analysis of key strategies, business models, and respective market shares of this market's prominent players.

Driving Factor

Increasing Focus on Recycling Processes to Aid Growth

According to Lau et al, Science Advances survey in 2020, per person plastic waste has gone up to 105 kg in USA. The rising concerns over the plastic disposal has led the major beverage giants to adopt sustainable methods such as recycling processes of plastic. This has led to several beverage manufacturers switching to you using recycled bottles to reduce waste production. Moreover, recycling or reusing bottles requires fewer resources while generating significant revenues. As the ink is easily removable by washing it, it is widely used in the recycling process. The ink is resistant to various activities during the production process, such as refrigeration, pasteurization, ice water treatment, or storage in warehouses, making it more desirable for the manufacturers to use instead of investing in new glass bottles. These factors are expected to boost the global returnable glass bottle ink market growth during the forecast period.

Regional Insights

Adoption of Recycling Bottles in Europe to Favor Market Growth

Europe is expected to hold substantial returnable glass bottle ink market share in the forthcoming years with the rise of recycling bottles in use. For instance, Milk & More is Britain's traditional doorstep milk delivery company that typically uses reusable glass bottles.

The market of North America is expected to gain momentum backed by the growing consumption of alcoholic beverages in the region. The U.S. and Canada are leading countries in the region.

Competitive Landscape

Market Leaders Focus on Product Launch to Strengthen Their Positions

Recent developments and their impact mark the competitive landscape of the market for returnable glass bottle ink. The key market participants applying various strategies like innovation, collaboration, product development, advancement of Technology, and others help various competitors gain better footage in the market. An example of innovation is when Domino Printing Sciences launched a high contrast alkali washable yellow ink 2YL955i in the market in January 2016.

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List of Key Players Profiled in Market of Returnable Glass Bottle Ink:

  • Domino Printing Sciences
  • Markem Imaje
  • Videojet
  • Linx Printing technologies
  • PT Asia Thailand
  • UPM Global
  • Needham Group
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