Acetone Market Analysis with Key Players, Applications, Trends and Forecasts to 2028 The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries. This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis, By Application (Solvent, Bisphenol A (BPA), Methyl Methacrylate (MMA), and Others), By End-use (Paints & Coatings, Plastic, Automotive, Adhesives, Pharmaceuticals, Cosmetics, Electrical & Electronics, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. COVID-19 Pandemic to Affect Growth Backed by Ongoing Crude Oil Price War The COVID-19 pandemic has negatively affected the global chemical industry. It has disrupted supply chains and created uncertainty in the demand worldwide. Also, restrictions from governments on manufacturing activities may hinder growth. The ongoing crude oil price war is also set to hamper growth. How Did We Create This Report? We employ iterative and comprehensive research techniques focusing on minimizing deviance. We use a combination of top-down and bottom-up approaches for estimating and segmenting quantitative aspects of the parent’s market. At the same time, data triangulation is used to look at the market from three perspectives. Simulation models were used to gather data about the market forecasts and estimates. Drivers & Restraints- Increasing Manufacturing of Sanitizers and Disinfectants to Drive Growth The increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it. Besides, the high popularity of cosmetics and personal care products would aid the acetone market growth throughout the forthcoming years. However, acetone possesses higher initiation energy points and can’t auto-ignite. This may hamper its demand. Segment- Paints & Coatings Segment to Grow Steadily Fueled by Higher Usage of Solvents Based on end-use, the plastic segment earned 33.3% in terms of the global acetone market share in 2019. The paints & coatings segment generated the largest share in 2019 because of the rising usage of solvents in this sector as it can dissolve non-polar and polar substances. Browse Summary: https://www.fortunebusinessinsights.com/acetone-market-104446

Automotive Tapes Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2021 to 2026 The global automotive tapes market size projected to reach USD 6.40 billion. The increasing applications of the product will fuel it demand across diverse industries. According to a report published by Fortune Business Insights, titled “Automotive Tapes Market Size, Share and Global Trend by Type (Specialty, Double-sided, Masking, Others), By Function (Bonding, Masking, Noise, vibration, and harshness {NVH}, Others), By Application (Interior, Exterior, Wire Harnessing, Others) and Geography Forecast till 2026,” the market was worth USD 5.17 billion in 2018 and will exhibit a CAGR of 3.16% during the forecast period, 2019-2026. Automotive tapes are widely used across the automotive industry. The increasing emphasis on development of sustainable and durable tapes has derived huge investments from manufacturers across the world. This has caught the eye of companies from other industries, as well, and has encouraged them to deviate from their core strategies and invest in automotive tapes. The increasing emphasis on product R&D has yielded a few exceptional products in recent years and has attracted attention from consumers from consumers across the world. Variations in product offerings have allowed widespread applications, subsequently aiding the growth of the market. The healthy market competition has encouraged competitors to adopt newer strategies. Altogether, these factors will have a positive impact on the growth of the market in the coming years. Increasing Number of Company Mergers Will Aid Market Growth The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing company mergers and collaborations have made a massive impact on the growth of the market. In August 2019, Bostik announced that it plans to acquire Prochimir. Through this acquisition, the company plans to expand its thermos-bonding solutions. Considering the massive global reach of both of these companies, the collaboration will have a huge impact, not just on their businesses, but also on the global market. The report includes a few of the major company collaborations of recent times and gauges their impact on the growth of the market. Asia Pacific to Emerge Dominant; Increasing Disposable Income in Major Countries to Aid Growth The report analyzes the ongoing automotive tapes market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Asia Pacific currently holds the largest market share. The increasing disposable income in emerging countries such as India and China will emerge in favor of market growth. Besides Asia Pacific, the market in North America will also witness considerable growth. As of 2018, the market in North America was worth USD 726.99 million and this value is projected to increase further in the coming years. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/automotive-tapes-market-102417

Personal Protective Equipment Market By Key Players, Growth Opportunities, Future Challenges, Competitive Strategies, CAGR Forecast To 2029 The global personal protective equipment (PPE) market is set to gain impetus from the persistent efforts by manufacturers operating in the U.S. to make the environment cleaner, safer, and greener. Several glove producers are trying to reduce the energy consumption by enhancing the existing machines or developing new ones. In April 2020, for instance, Mallcom (India) Limited announced its plan to introduce new shoe covers and PPE overalls in addition to its recyclable and disposable face mask, especially for the medical industry. This information is given by Fortune Business Insights™ in a new report, titled, “Personal Protective Equipment (PPE) Market, 2021-2028.” As per the report, the PPE market size was USD 128,675.1 million in 2020 and is projected to reach USD 231,630.4 million by 2028, exhibiting a CAGR of 7.6% during the forecast period. Segments- Manufacturing Segment to Lead Stoked by High Demand for Safety Shoes & Earmuffs Based on the product, the market is categorized into head protection, hearing protection, eye face protection, protective clothing, protective footwear, respiratory protection, hand protection, fall protection, and others. By the end-use industry, it is fragmented into manufacturing, construction, oil & gas, chemical, food, pharmaceutical, transportation, and others. Amongst them, the manufacturing segment generated the largest personal protective equipment market share in 2020. This is attributable to the increasing demand for earplugs, earmuffs, safety shoes, and gloves from workers and employers as these would protect them from fires, heat burns, and electric shocks. Report Coverage- We follow a unique research methodology that contains data triangulation based on bottom-up and top-down approaches. We also conduct extensive primary research to validate the projected market numbers. The information used to estimate the shares of numerous segments at the country, regional, and global levels is gathered through interviews with stakeholders. We derive data from industry journals, SEC filings, paid databases, and other authentic resources. The report includes details, such as drivers, opportunities, restraints, trends, and dynamics of the market. Drivers & Restraints- Rising Cases of Workplace Hazards Worldwide to Augment Growth The rising number of ongoing and planned construction and infrastructure projects, especially in India, China, and the U.S. is anticipated to propel the personal protective equipment market growth in the near future. According to the Occupational Safety and Health Administration (OSHA), in 2019, approximately 5,333 workers died on job. Also, on an average, around 15 deaths took place every day in the same year. Hence, the need to provide construction workers with protective shoes or boots with slip or puncture-resistant soles is set to surge rapidly. At the same time, regulatory bodies of various countries are implementing strict norms to protect workers against falls, electrocution, trench cave-ins, and toxic materials. However, the lack of awareness of workplace hazards may hamper the demand for these equipments. Browse Link: - https://www.fortunebusinessinsights.com/personal-protective-equipment-ppe-market-102015

Thermoplastic Polyurethane Market 2021: Global Size, Top Key Companies, Industry Analysis by Trends, Future Growth and Regional Forecast Research Report 2029The global 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 “Thermoplastic Polyurethane (TPU) Market, 2021-2028.” The market size stood at USD 2.34 billion in 2020. Segmentation- Polyester-based TPU to Hold the Lion’s Share Based on type, the thermoplastic polyurethane (tpu) market is segmented into polyester, polyether, polycaprolactone, and others. Polyester-based TPU is expected to hold the largest share during the forecast period due to its adoption in applications, which require resistance to oils, fuels, and water. Report Coverage- The report consists of cumulative information on the market and relative new advances in the industry. Furthermore, the report consists of knowledge about the regional growth, collaborations, drivers and restraining factors, new product launches, and the overall impact of COVID-19 on the market. Drivers & Restraints- Development of Bio-based Polymers to Incite Growth The usage of thermoplastic polyurethane will be fueled by the growing development of bio-based polymers, in turn, uplifting the TPU market growth. Chlorinated plastic can leach hazardous chemicals into the soil, leaking groundwater and other nearby water sources. Humans and animals may suffer serious health consequences as a result of this. Furthermore, countries have established several rules requiring the use of environmentally friendly polymers. TPU has abrasion resistance, grease resistance, and excellent mechanical characteristics in addition to being biodegradable. TPUs are also regarded as environmentally friendly by the U.S. National Library of Medicine since they are produced utilizing either degradable chain extenders or biodegradable chain extenders. However, the high manufacturing costs may hinder the market growth. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/thermoplastic-polyurethane-tpu-market-102389

Acetic Acid Market Trends, Issues, Challenges, Forecasts, Competition Analysis, and Companies involved. The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Covid-19 Impact: The coronavirus incident has brought the world to an unanticipated halt. We understand that this health disaster 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. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic. We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Thermoformed Plastics Market Size, In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis by Fortune Business Insights The global thermoformed plastics market size is expected to reach USD 59.74 billion by 2027, exhibiting a CAGR of 5.7% during the forecast period. The growing awareness about hygienic packaged food products is expected to foster healthy growth of the market, states Fortune Business Insights, in a report The market size stood at USD 40.59 billion in 2019. Market Driver: Significant Demand for Packaged Food to Enable Growth The increasing demand for packaged food owing to the evolving habits of consumers will foster the healthy growth of the market. The increasing income and expenditure are factors expected to contribute positively to the market growth. The high-barrier properties, extended shelf-life, contamination prevention of thermoformed plastics make it suitable for food packaging, thus boosting the growth of the market. Moreover, the growing need for sturdy packaging in convenience foods products will spur demand for such plastics. The surging population has resulted in increasing food production to cater to the needs of consumers, in turn aiding the growth of the market. The increasing urbanization in rural areas will have a positive effect on the market. The infrastructural development and technological advancements in packaging techniques will bolster the significant growth of the market. Disturbed Production of Plastics to Impede Business Amid Coronavirus The declined plastic production and supply is expected to have a drastic impact on the global market. The closed manufacturing facilities due to lockdown imposed by governments will aggravate the business in the forthcoming years. The disruption caused by the pandemic has severely affected the supply chain of dairy products, medicines, sanitizers, food, disinfectants, face masks, and others. However, the improving situation will urge governments to lift lockdowns, in turn, stabilizing the manufacturing sector and promoting the market. Regional Analysis: Prospering Healthcare Sector to Aid Growth in North America The market in North America is expected to experience a high growth rate during the forecast period owing to the rapid industrialization and technological advancements in the packaging industry. The growing demand for medicines and drugs in the healthcare sector will contribute excellently to the market. The evolving consumer lifestyle and disposable income will favor the healthy growth of the market in the region. Asia Pacific is expected to hold a considerable share during the forecast period owing to the growing polymer formulations in developing nations such as China and India. China is the largest supplier of plastics products. The rapid urbanization and improved living standard of people can have a tremendous effect on the market in the region. Moreover, the growing automotive and construction sector is likely to fuel demand for thermoformed plastics in the region. Information Source: https://www.fortunebusinessinsights.com/thermoformed-plastics-market-104032

Coated Fabric Market Professional Survey Report, Global Industry Scope, Size Estimate, Share, Growth Factors, Total Revenue, and Demand 2022-2029 The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, infrastructure,and automotive and transportation industries would affect the market positively. This information is given by Fortune Business Insights™ in a recently published report, titled, “Coated Fabric Market Size, Share and Industry Analysis, by Product (Polymer Coated Fabric, Rubber Coated Fabric, and Fabric Backed Wall Coverings), By Application (Protective Clothing, Transportation, Furniture, Industrial, and Others) and Regional Forecast, 2019-2026.” The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period. Drivers & Restraints: Increasing Automotive Production to Propel Growth Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth. Competitive Landscape: Key Players Aim to Strengthen Position through Strategic Partnerships The market is highly competitive. Renowned organizations are mainly aiming to gain the maximum share by adopting the strategy of collaboration and partnership. Companies, such as Saint-Gobain Performance Plastics, Trelleborg, Fothergill Group, and SRF Limited are the dominant companies in terms of share. Segmentation: Government Rules Regarding Vehicle Safety to Favor Growth of Transportation Segment Based on application, the market is fragmented into industrial, furniture, transportation, protective clothing, and others. Out of these, the transportation segment is projected to generate the largest coated fabrics market share during the forthcoming period fueled by the ongoing development in rail and road transportation, as well as surging sales of automobiles. These products are used the most in the automotive sector for making interiors, air bags, seats, roofing, and seat belts. Above that, the governments of several countries are putting forward various strict norms and regulations regarding vehicle safety and security. It is, in turn, aiding the manufacturers in installing air bags in every vehicle. Also, high demand for passenger and commercial vehicles would spur growth of this segment. The protective clothing segment held a share of 18.70% in 2018. Information source: https://www.fortunebusinessinsights.com/coated-fabric-market-102546

Custom Packaging Market Size and Share By Demand, Worldwide Research, Prominent Players, Emerging Trends, Opportunities and Revenue till 2030 The global custom packaging market size was valued at USD 42.01 billion in 2022 and is expected to be worth USD 43.88 billion in 2023. The market is projected to reach USD 63.07 billion by 2030, recording a CAGR of 5.32% during the forecast period. Custom packaging refers to the using various packaging techniques and methods to make a product as per customers’ requirements. Such packaging solutions reduce the need to use additional packaging, thereby saving companies a lot of time and cost. Using custom packaging solutions can help organizations improve their customers’ shopping experience and boost their brand image and value in the market. Such features are expected to bolster the custom packaging market growth. Fortune Business Insights™ displays this information in a report titled, "Custom Packaging Market, 2023-2030." COVID-19 Impact: Pandemic Slowed Production of Custom Packaging Solutions The COVID-19 pandemic had a severe effect on the functioning of several end-use industries across the globe as there were multiple supply chain disruptions, which slowed or halted the production process. This market experienced sluggish growth during the outbreak as there was a serious shortage of raw materials and labor. Governments had also imposed lockdowns and movement restrictions, which further reduced the demand for custom packaging. Drivers and Restraints: Growing Preference for Attractive Packaging Solutions to Improve Market Growth Many companies are opting for customized packaging solutions as they are considered the most ideal way to ship fragile products or items that have a unique design and shape. The market is witnessing notable growth as the demand for attractive packaging solutions is rising across the world. Such packaging solutions can not only make products look more appealing to customers but also help companies expand their customer base. Such factors are expected to drive the market growth. However, the upfront investments in these products are quite high and designing and developing customized products consume a lot of time and effort. These aspects can restrain the market’s development. Regional Insights: North America Market to Record Strong Growth Due to Presence of Reputed Packaging Companies North America is expected to dominate the market as the region has a vast presence of leading companies that specialize in personalized packaging solutions. The regional industry is constantly introducing innovative technologies, which will further fuel the regional market growth. Europe is anticipated to be the fastest-growing region as the demand for attractive packaging solutions is rising from the region’s cosmetics sector. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/custom-packaging-market-107677

PET Packaging Market Report by Technology, Industry Share and Size Expansion to 2029 | Fortune Business Insights™ The global PET packaging market size was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period. COVID-19 Impact Increasing Demand for Online Shopping Fueled the PET Packaging Market Growth The pandemic has forced restaurants and other food services to remain close during COVID-19, and grocery demand varied drastically. The demand for packaging will therefore rise as customers continue to migrate to supermarket shopping. This trend is fueled by consumer desire to stock up on groceries, drinks, and home care items. However, when stores close and customers start to cut back on their spending, demand for luxury packaging other than food fell. As a result, the pandemic's effects on the packaging sector have been uneven. Demand for PET Flexible Packaging as a Sustainable Solution to Gain Momentum Based on product type, the market is segmented into bottles & jars, caps & closures, trays & clamshells, bags & pouches, films & wraps, sachets & stick packs, and cans & containers. In terms of market share, the films & wraps segment holds a dominant share of the global market due to the rising usage of flexible packaging in online delivery. Demand for PET Containers in the Food & Beverage Industry to Gain Momentum Food & beverages segment is the dominant segment of the market. Prepared meals mainly lead the food & beverage packaging market due to easy portability, long shelf life, and easy preparation. Prepared food consists of frozen meals, snacks, drinks, and more. 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, 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 market growth are shared in the report. Driving Factors Food & Beverage Segment Expansion Along with Pharmaceutical Growth is Boosting Sales Leading companies in the pharmaceutical and food & beverage sectors have created innovative packaging solutions in response to consumer demand as a result of globalization. Due to rising preference for practical and portable options for transporting food in safety, PET packaging is predicted to see an increase in demand. In order to assure the safe handling of food and beverage goods, plastic packaging is being developed. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/pet-packaging-market-104899

Silicon Carbide Fibers Market Size and Share By Demand, Worldwide Research, Prominent Players, Emerging Trends, Opportunities and Revenue till 2029 The global silicon carbide fibers market size was USD 501.9 million in 2021. The market is projected to grow from USD 572.8 million in 2022 to USD 3,758.4 million by 2029, exhibiting a CAGR of 30.8% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Silicon Carbide Fibers Market, 2022-2029.” Segments: Continuous Segment to Dominate Market Due to High Demand from the Nuclear Power Generation Industry Based on form, the market is segmented into continuous, woven, and others. The continuous segment accounted for the leading silicon carbide fibers market share and is anticipated to continue its dominance during the forecast timeframe. Composites Segment to Lead Due to its ability to Withstand Extreme Adverse Conditions By usage, the market is bifurcated into composites and non-composites. The composites segment is estimated to grow at the highest growth rate during 2022-2029. Aerospace & Defense Segment Held Dominant Share Owing to Increased Product Application Areas Based on application, the market is segmented into aerospace & defense, energy & power, industrial, and others. The aerospace segment held the highest silicon carbide fibers market price in 2021. Report Coverage: The report offers a detailed study of the silicon carbide fibers market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the silicon carbide fibers market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. Drivers and Restraints: Surging Demand for Ceramic Metric Composites from Numerous Industries to Fuel Product Consumption The rising adoption of silicon carbide-based fibers in CERAMIC MATRIX COMPOSITES (CMCs) will flourish the silicon carbide fibers market application growth during the forecast timeframe. The growth is attributed to beneficial characteristics such as superior thermal resistance and high mechanical strength. Additionally, SiC fiber offers excellent properties, including corrosion resistance, oxidation resistance, adjustable resistivity, and low density, making it an ideal reinforcement in CMCs and incomparable to other inorganic fibers. Browse Summary: https://www.fortunebusinessinsights.com/silicon-carbide-fibers-market-107072