According to Fortune Business Insights, In 2023, the global   home care packaging market   was valued at USD 32.55 billion and is expected to grow to USD 34.11 billion in 2024, eventually reaching USD 52.22 billion by 2032, at a CAGR of 5.47% over the forecast period. North America led the market with a 33.49% share in 2023. The U.S. home care packaging market is anticipated to experience steady growth, projected to reach USD 14.52 billion by 2032. This growth is primarily driven by increasing consumer demand for eco-friendly and convenient packaging solutions for household cleaning and personal care products.

Home care packaging plays a vital role in protecting contents from microbial contamination while ensuring optimal safety and efficiency during storage and transportation. Growing health awareness has led consumers to spend more time at home, fueling demand for cleaning and disinfectant products and driving global market growth. Additionally, the increasing adoption of flexible packaging and a heightened focus on consumer-centric packaging solutions are further contributing to the expansion of the global market.

Fortune Business Insights presents this information in their report titled " Homecare Packaging Market , 2024-2032."

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Major Players Profiled in the Report:

• Amcor PLC (Australia)
• Sonoco Products Company (U.S.)
• Ball Corporation (U.S.)
• Berry Global (U.S.)
• AptarGroup Inc. (U.S.)
• Silgan Holdings (U.S.)
• Constantia Flexibles (Austria)
• DS Smith PLC (U.K.)
• ProAmpac LLC (U.S.)
• Mondi Group (U.K.)

Segments:

By material, the market is divided into metal, glass, plastic, and paper & paperboard.

By packaging type, the market is segregated into jars & containers, bags & pouches, bottles, boxes, cans, and others.

By type, the market is classified into laundry, dishwashing, aifresheners, surface cleaners, toiletries, and others.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Report Coverage

The comprehensive market research report delves into crucial elements, including the competitive landscape, distribution channels, and notable product categories. The document provides valuable insights into prevailing market trends and significant industry advancements. It also encompasses various variables that have contributed to the recent market expansion. With a thorough examination of these factors, the report offers a holistic view of the market's current and future potential. Stakeholders can leverage this information to make informed decisions and formulate effective strategies for success.

Drivers and Restraints

Rapid Adoption of Flexible Packaging for Smooth Product Handling to Propel Market Expansion

People are more aware of hygiene and sanitation in developed countries. Infrastructural development is attributed to the rapid urbanization and rising disposable income. An increase in retail stores is boosting the demand for eye-catching packaging of products to entice consumers. Producers are also opting for innovative designs to enhance the aesthetics of homecare packaging and improve brand identity. There is an increased adoption of eco-friendly products and packaging, and governments are also encouraging the usage of such products and imposing limitations on non-recyclable and non-biodegradable products. The growing usage of paper and paperboard as raw materials for packaging and the rapid adoption of flexible packaging for the smooth handling and shipping of products are key factors boosting the homecare packaging market share.

On the other hand, chemicals used to make homecare products can harm the environment,  damage the skin, and cause irritation and other health-related difficulties. All these factors are impeding market growth.

Regional Insights

Asia Pacific Commands the Market Due to Rising Disposable Income

Asia Pacific takes center stage in the global market. An increase in population and rising disposable income drive the demand for homecare products, bolstering market expansion in the region.

The market in North America is expanding rapidly owing to increasing consumer inclination toward a clean and better lifestyle.

Competitive Landscape

Top Companies Focus on   Partnerships to Introduce Sustainable Homecare Packaging Solutions

Leading companies emphasize partnerships to increase their product offerings. They are investing in R&D programs to launch sustainable packaging solutions to reduce the environmental impact. Top homecare packaging solution providers are focusing on product improvements and acquisitions to hold dominance in the global market.

Information Source:  https://www.fortunebusinessinsights.com/homecare-packaging-market-108080

Key Industry Developments

• February 2024   –   Mondi, a global leader in sustainable packaging and paper, announced the expansion of its innovative range of paper-based EcoWicketBags. The new range comes in response to the rising demand for sustainable packaging in the home & personal care (HPC) sector, especially for products such as diapers and feminine hygiene products.
• January 2024   –  M&S partnered with Reposit and declared the expansion of its Refilled scheme for own-brand cleaning & laundry products with an intent to cut down plastic packaging and offer its consumers sustainability-minded alternatives. The consumers can choose from ten pre-filled, own-brand homecare products such as washing liquids, laundry detergents, cleaning sprays, and fabric conditioners.

According to Fortune Business Insights, The global   construction polymers market   size was valued at USD 142.80 billion in 2023. The market is projected to grow from USD 149.74 billion in 2024 to USD 229.21 billion by 2032 at a CAGR of 5.5% during the forecast period. Asia Pacific dominated the construction polymers market with a market share of 46.13% in 2023.

Construction polymers, including elastomers, resins, and plastics, are vital in modern construction due to their durability and versatility. They withstand harsh conditions while promoting sustainability, such as improving energy efficiency in insulation. The market is expected to ramp up owing to rising adoption of such products in diverse applications, such as profiles and wire & cable.

Fortune Business Insights™   provides this information in its research report, titled   “ Construction Polymers   Market, 2024-2032”.

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List of Key Players Mentioned in the Report:

• B. Fuller Company (U.S.)
• Solvay S.A. (Belgium)
• BASF SE (Germany)
• Evonik Industries AG (Germany)
• Reliance Industries Limited (India)
• SABIC (Saudi Arabia)
• Exxon Mobil Corporation (U.S.)
• Eni S.p.A (Italy)
• TotalEnergies (France)
• Avient Corporation (U.S.)

Segmentation:

Polyvinyl Chloride (PVC)   Segment Dominated due to   Technological Advancements  

On the basis of type, the market is fragmented into Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polystyrene (PS), Polyvinyl Chloride (PVC), and others. In 2023, the Polyvinyl Chloride (PVC) segment secured the key construction polymers market share as advances in polymer technology enhanced PVC's functionality and environmental profile.

Pipes & Fittings   Segment Dominated owing to   Diverse Applications

In terms of application, the market is fragmented into profiles, pipes & fittings, insulation and sliding, flooring, roofing, wire & cable, and others. In 2023, the pipes & fitting segment captured the key construction polymers market share. The wide range of applications, including water supply, plumbing, and HVAC systems, supports continued demand for polymer-based pipes and fittings.

Polymers can be tailored to a variety of specifications, making them suitable for a vast array of construction applications, from insulation, sealants, and coatings to more structural components such as polymer concrete and composites.

In terms of region, the market is categorized into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The research report offers:

• Detailed examination of market trends and notable industry developments.
• Comprehensive coverage of factors contributing to recent market growth.
• Identification of emerging opportunities and challenges within the market.
• Evaluation of key market players, their strategies, and market positioning.
• Analysis of technological advancements shaping the market landscape.

Drivers and Restraints:

Economic Growth and Infrastructure Development to Impel Market Growth

The growing number of infrastructure developments, such as highways, bridges, and high-rise buildings, drives up demand for versatile and lightweight construction polymers. Moreover, economic growth boots the need for new residential, commercial, and public infrastructure, further increasing the demand for the product. 

However, new government regulations aimed at environmental sustainability and safety may restrict the use of certain polymers, increasing costs and limiting construction polymers market growth.

Regional Insights:

Asia Pacific Dominated the Market Owing to Increasing Polymer Consumption in India

In 2023, Asia Pacific region led the construction polymers market and was valued at USD 65.88 billion in 2023. The region’s market growth is driven by China's manufacturing dominance and India’s increased polymer consumption due to industrialization and rising incomes.

Latin America's market growth is attributed to the rising demand for roofing and profiles in new construction projects, particularly in Mexico, Argentina, and Brazil, which are major market drivers.

Competitive Landscape:

Industry Participants Focus on Investments   to Boost   Product Performance

The competitive landscape shows a consolidated market where global players invest heavily in advanced technologies to enhance product performance. Key strategies include developing novel technologies and pursuing acquisitions and expansions to boost market share.

Information Source:  https://www.fortunebusinessinsights.com/construction-polymers-market-110702

Key Industry Development:

• December 2023 –  Reliance Industries Limited (RIL) became the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability & Carbon Certification (ISCC)-Plus certified Circular Polymers. This milestone demonstrates its commitment to reducing plastic waste and supporting the Circular Economy in India.
• September 2023 –  ExxonMobil's Baytown Texas facility started new chemical production units. The new performance polymers line would produce 400,000 metric tons per year of Vistamaxx and Exact branded polymer modifiers, enhancing the performance of various chemical products used in automotive parts, construction materials, and packaging applications.

The global   pultrusion market   size is projected to experience dynamic growth in the forthcoming years owing to the increasing demand for light-weight materials across the world, finds   Fortune Business Insights™   in its report, titled “ Pultrusion   Market, 2025-2032 ”.

Pultrusion process is a highly automated incessant fiber laminating process used to produce high fiber volume profiles with a constant cross section. There has been an increasing demand for light-weight materials across the world owing to the economic way of impregnating and curing materials. This has resulted in the increasing demand for pultrusion across several regions of this market.

However, the cost of raw materials is very expensive, which is projected to hinder the growth of this market.

List of Key Players Covered in Pultrusion Market Report :

The global pultrusion market consists of global & regional players operating. Some of the key players in the market include and Strongwell Corporation, Bedford Reinforced Plastics, Excel Composites, Diversified Structural Composites, Faigle Kunstsoffe GmbH others .

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Market Segmentation:

On the basis of type, this market is divided into carbon fiber, glass fiber, and others. Based on application, the market is classified into housing, industrial, civil engineering, consumers, and others. By geography, the market is categorized into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa.

Highlights/Summary:

This research report offers an in-depth study of the driving factors, restraints and trends influencing the growth of the market. In addition, this report offers a detailed evaluation of the market segments and regional developments in the market. Further, this report also incorporates a comprehensive analysis of the strategies adopted by market players to strengthen their position.

Drivers/Restraints:

Rising Demand for Pultruded Parts   across the World   to Fuel the Market

There has been an increasing demand for pultruded parts around the world owing to their utilization in several industries such as housing, industrial, chemicals, and others, which is anticipated to augment the growth of this market. Further, the rising investments by key companies in the chemicals industry have led to the propelling of this market across several regions.

Regional Insights:

Growing Demand for Pultrusion Procedure to Boost the Asia Pacific Market Growth

Asia Pacific region is considered to dominate in the pultrusion market share on account of the increasing demand for pultrusion process from the countries such as India and China.

North America region is projected to grow steadily in this market due to the increasing initiatives of the manufacturing companies present in the U.S.

Europe is expected to grow rapidly in this market due to the fast growth of the chemicals and materials industries in this region.

Competitive Landscape:

Strategic Alliances to Feed Market Competition

Key market players are actively collaborating with their competitors to strengthen their manufacturing and production capabilities for the pultrusion process. Moreover, such partnerships are allowing the key companies to widen their position in the market and expand their business foothold.

Information Source:  https://www.fortunebusinessinsights.com/pultrusion-market-104580

Industry Developments:

April 2018 : Excel Composites announced the acquisition with DSC, a subsidiary of Teijin Carbon America. DSC primarily uses pultrusion for carbon fiber and glass fiber reinforced thermoset products.

March 2017 : Diversified Structural Composites Inc., (DSC) announced the exhibition of its pultruded composites at JEC World 2017. The products include pultruded composite profiles known as pultrusions for automobile applications.

According to Fortune Business Insights, The global   bio-based polypropylene market   size was USD 183.5 million in 2023 and is projected to grow from USD 255.8 million in 2024 to USD 3,824.1 million by 2032 at a CAGR of 39.9% during the forecast period (2024-2032). Europe dominated the bio-based polypropylene market with a market share of 51.5% in 2023.

Bio-based polypropylene (PP) is a polymer compound derived from plants and has balanced properties as standard polypropylene. This polymer is manufactured from materials such as corn, vegetable oils, and sugarcane. This polymer is a sustainable alternative to traditional synthetic polypropylene that is used with other material such as fiberglass for several applications. These applications include injection molding, and films for packaging, textiles. 

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LIST OF KEY COMPANIES PROFILED

• Mitsui Chemicals, Inc. (Japan)
• LyondellBasell Industries Holdings B.V. (The Netherlands)
• NaturePlast (France)
• Neste Oyj (Finland)
• Borealis AG. (Austria)
• Braskem (U.S.)

Braskem America Introduces Green Polypropylene

Braskem, one of the leading bio-polymer producers in the world, announced the release of ‘I’m green’ recycled green polypropylene (PP) in October 2019. Representing one of the first bio-based polypropylene formulations under the ‘I’m green’ portfolio, the recycled PP offering is aimed at advancing Braskem’s commitment to transform the linear economy of plastics into a circular one. The ‘I’m green’ umbrella brand of Braskem also includes post-consumer-recycled (PCR) resins, bio-based resins, and a mix of bio-plastics and PCR solutions. The launch of the novel bio-based PP will enable Braskem to firmly secure its position in the bio-plastics industry as well as cater to a wide range of end-user industries.

Widening Application of Bio-based PP in Auto Manufacturing to Fuel the Market

Conventionally formulated polypropylene has been one of the mainstay raw materials adopted by vehicle manufacturers to make cost-efficient interior components. However, with an increasing emphasis on improving the sustainability quotient in the auto industry, auto companies are steadily transitioning towards biodegradable materials to make their vehicles lightweight and energy-efficient. Bio-based polypropylene is speedily becoming the preferred choice of material for automakers due to its high recyclability and biodegradability. For example, General Motors has been utilizing bio-based PP for seatbacks in its Cadillac DeVille and PP derived from flax for its trim and shelving in the Chevrolet Impala. Similarly, Toyota uses bio-PP for injection molded parts such as scuff plates and interior trims. The opportunities for organically derived PP are, thus, immense in the auto industry. 

Packaging Segment to Dominate Market Share

On the basis of application, the market has been segregated into building & construction, consumer goods, packaging, and others. Among these, the packaging segment dominated the market in 2020 and will retain its commanding position due to the increasing demand for eco-friendly packaging materials from the food & beverage industry. The automotive segment is also anticipated to enlarge its share of   12.32%   in the global market and a share of   11.83%   in the Germany market in the forthcoming years.  

By region, this market has been grouped into North America, Europe, Asia Pacific, and the Rest of the World.

Europe Market Registers USD 29.7 Million in Value in 2020

• Among regions, Europe is forecasted to lead the bio-based polypropylene market share on account of the growing adoption of naturally derived polymers in the region’s robust auto sector. This adoption trend is also fuelled by the EU’s commitment to becoming carbon neutral within the next couple of decades. In 2020, the Europe market size stood at   USD 29.7 million .
• The booming demand for individual passenger cars in developing nations will foster enduring growth of the market in Asia Pacific.
• In Brazil, rapid urbanization and the sterling growth of the domestic consumer goods industry will propel the demand for bio-based polypropylene in Latin America.

Information Source:  https://www.fortunebusinessinsights.com/bio-based-polypropylene-market-102758

Strategic Partnerships to Enable Key Players to Expand Geographic Presence

Key players in this market are strategically partnering with different companies in a bid to expand their presence and operations across diverse geographies. Moreover, companies are also making heavy investments in research & development activities to create inventive bio-PP solutions and widen their business horizons, both regionally and internationally.

Industry Development

• March 2023:  Borealis started production of polypropylene based on Neste-produced renewable feedstock at the production facilities in Kallo and Beringen, Belgium. Borealis has replaced fossil fuel-based feedstock in large-scale commercial production of PP.
• June 2019:  LyondellBasell, a producer of plastics, and Neste, the producer of renewable diesel from waste and residues, announced the parallel production of bio-PP and bio-based low-density polyethylene at a commercial scale. The joint project used Neste's renewable hydrocarbons derived from sustainable bio-based raw materials, such as waste and residue oils.

According to Fortune Business Insights, The global   n-propanol market   size was USD 1,613.1 million in 2023 and is projected to grow from USD 1,684.9 million in 2024 to USD 2,374.1 million in 2032 at a CAGR of 4.3% during the forecast period (2024-2032). Asia Pacific dominated the N-propanol market with a market share of 33.3% in 2023. Moreover, the n-propanol market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 634.0 million by 2032, driven by increasing demand for paints & coatings from the building & construction and automotive industries.

The increasing demand for paints & coatings from the building & construction and automotive industries is the primary factor driving market growth. The need for alcohol in emerging economies is projected to grow rapidly due to rising industrialization and urbanization activities.

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LIST OF KEY COMPANIES PROFILED

• BASF (Germany)
• Dow (U.S.)
• Eastman (U.S.)
• Oxea (Germany)
• Sasol (South Africa)
• Wu Jiang Chemical (China)
• Nanjing Rongxin Chemical (China)
• Chang Chun Group (China)
• Ningbo Juhua Chemical (China)
• Zibo Nalcohol Chemical (China)

Market Segmentation

By Production Method

The ethylene-hydrogenation method dominates the market due to its better efficiency and yields. The allyl-alcohol hydrogenation and by-product routes are also expanding, particularly in the coatings and adhesive sectors.

By Application

Coatings and solvents (automotive and industrial paints, inks, adhesives) command a primary share, driven by packaging, construction, and textile inks.
Pharmaceuticals follow, using N-propanol as a high-purity solvent, antiseptic, intermediate, and excipient.
Cosmetics and personal care, food additives, and printing inks also represent significant growing segments.

By Product Grade and Purity

Pharmaceutical-grade accounted for approximately 35% of revenue in 2023. Industrial-grade is projected to grow fastest in the forecast period.
High-purity forms (99.5–99.99%) are increasingly demanded in electronics and semiconductor applications.

Regional Outlook

Asia-Pacific leads with over 45% global market share in 2023, supported by China and India’s expanding chemical, construction, pharmaceutical, and automotive industries. Growth rates in APAC are strong, with India showing a 14% rise in pharmaceuticals.
North America holds roughly 21% share, driven by U.S. demand in coatings, printing inks, specialty chemicals, and industrial cleaning.
Europe, with approximately 28% share, benefits from the demand for low-VOC and bio-based solvents, reinforced by REACH regulation and green chemistry policies.
MEA and Latin America are emerging markets, projected at around 6% share, supported by infrastructure investment in petrochemical diversification across regions such as the GCC, South Africa, and Brazil.

Key Growth Drivers

1. 
   

   Industrial Demand : Widespread use in coatings, adhesives, inks, cleaners, and intermediates such as propylene oxide for polyurethane and plastics.

2. 
   

   Pharmaceutical and Personal Care Expansion : Rising drug production and cosmetics formulations are driving solvent usage at high purity levels.

3. 
   

   Sustainability Trends : Increasing shift to bio-based production routes of N-Propanol appeals to eco-conscious consumers and is supported by regulatory initiatives.

Restraints and Challenges

• 
  

  Stringent environmental regulations on VOC emissions and solvent handling limit use in conventional petro-based solvents.

• 
  

  Volatility in raw-material costs, such as acetone, propylene, and crude oil, can hamper profitability.

• 
  

  Competition from green alternatives like water-based coatings and bio-derived chemicals is increasingly strong.

Competitive Landscape and Recent Developments

Notable industry players include BASF SE, Dow, Eastman, Oxea, Sasol, Solvay, Dairen Chemical, and major Chinese producers like Nanjing Rongxin, Zibo Nalcohol, and Ningbo Juhua Chemical.

• 
  

  Oxea (Germany) tripled its European capacity in early 2023 to meet rising demand from hand sanitizer, printing, and coatings sectors.

• Ningbo Juhua Chemical (China) began operations at a new 50-kiloton plant in September 2023, boosting local and export capacity.

Outlook Summary

• Invest in bio-based or renewable feedstock routes to align with sustainability incentives and regulatory trends.

• Expand production footprint in Asia-Pacific, particularly in India and China.

• Focus on specialty grades (≥99.5% purity) targeted at pharma and electronics markets.

• Innovate low-VOC solvent blends or hybrid formulations to retain market share in strictly regulated regions like Europe and North America.

Despite moderate headwinds from regulation and raw material volatility, the N-Propanol market is poised for steady expansion—especially fueled by growing demands in coatings, pharmaceuticals, and eco-friendly manufacturing. Companies aligning with sustainability trends, targeting high-purity curations, and expanding in high-growth regions will likely capture the greatest opportunity in the coming decade.

Information Source:  https://www.fortunebusinessinsights.com/n-propanol-market-105137

KEY INDUSTRY DEVELOPMENTS

• April 2023 -  Oxea tripled its production capacity of 1-propanol in Europe. This is due to high demand from manufacturers of hand sanitizers and the printing industry. With this expansion, the company will be able to serve its customer requirements efficiently.
• September 2023-  The 1-propanol plant of Ningbo Juhua Chemical was put into operation. This new plant has an annual capacity of 50 kilotons and will also produce products including propionaldehyde. Hence, this development will help the company to enter this market.

According to Fortune Business Insights, The global   automotive NVH materials market   was valued at USD 12.52 billion in 2023 and is projected to be worth USD 13.34 billion in 2024 and reach USD 21.70 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period. Asia Pacific dominated the automotive NVH materials market with a market share of 55.99% in 2023. Factors such as rising demand for automobiles and stringent government requirements for safer cars are expected to fuel the market growth during the forecast period. Also, factors such as rising demand for porous materials coupled with increasing awareness regarding curbing noise pollution will increase the footprint of the market.  

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List of Key Players Present in the Market-

• Dow (Midland, Michigan, U.S.)
• 3M (Minnesota, U.S.)
• Huntsman International LLC (Texas, U.S.)
• Solvay (Brussels, Belgium)
• NITTO DENKO CORPORATION (Osaka, Japan)
• NVH KOREA (Ulsan, South Korea)
• Exxon Mobil Corporation (Texas, U.S.)
• Celanese Corporation (Texas, U.S.)
• Henkel Corporation (Düsseldorf, Germany)
• Sumitomo Riko Company Limited (Nagoya, Japan)
• Borgers SE & Co. KGaA (Bocholt, Germany)
• Covestro AG (Leverkusen, Germany)

Segments

On the basis of material, the market can be segmented into classified into rubber, plastic & foam, fibers, and others.

By application, the market can be divided into absorption, damping, and insulation.

In terms of geography, the market can be categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Report Coverage

The automotive NVH material report discusses a comprehensive analysis of the market and focuses on leading companies, products, and products. Additionally, the study also contains upcoming market trends and highlights vital industry developments that will guide our readers carving insightful business plans. An estimation for the market path is drawn from historical models by encompassing factors at the global, regional, and country levels.

Drivers & Restraints

Stringent Regulations for Curbing Noise Pollution to Bolster Growth

Rising demand towards operational vehicles coupled with stringent regulations imposed by governments to reduce noise pollution will drive the automotive NVH material market growth during the forecast period. Also, expanding electric vehicle industry rising investment opportunities will boost the growth of the market. Additionally, rising consumer awareness regarding significance of regulating noise pollution from automobiles will increase the footprint of the market.

However, increasing interest towards lighter vehicles will limit the growth of the market during the forecast period. Also, technical transition towards alternative technologies and material will hinder the growth of the market.

Regional Insights

Asia Pacific to Hold Largest Market Share Due to   Expanding Automotive Industry

Asia Pacific will contribute the largest automotive NVH material market share due to an expanding automobile sector along with rising demand for effective mobility solutions to name a few. Factors such as increasing purchasing power & improving standard of living of middle class will further push the boundaries of the market. Rising demand for improving passenger comfort will boost the growth of the market.

North America will contribute a significant share towards the global contribution due to constantly expanding automotive industry and rising electric vehicle sales.

The European market will retain exceptional growth during the forecast period due to high production standards and rising utilization of automotive NVH materials to name a few.

Information Source:  https://www.fortunebusinessinsights.com/automotive-noise-vibration-and-harshness-nvh-materials-market-103629

Competitive Landscape

Novel Product Launches and Mergers & Acquisitions to Help Capture Maximum Market Share

The dominant players in the automotive NVH material sector are investing heavily for creating materials that will increase passenger comfort right from the design phase. Primary strategies integrated by leading players is merging and collaborating for creating a varied product line for a larger consumer base. Other players are rushing towards launching novel product launches for capturing maximum revenue.  For example, in June 2021, Free Field Technologies and Autoneum collaborated for developing products aimed at assisting OEMs accelerate vehicle acoustic design. The newly developed product will help manage noise and vibration by maximizing the usage of acoustic treatments inside Actran acoustic simulation software.

Industry Development-

• December 2022 –  Vibracoustic developed a battery isolation pack isolation system for the body on the chassis of electric vehicles. This includes vehicles, such as light commercial vehicles, large SUVs, and off-road vehicles. The company developed the system to address the issue of damaging torsional bending forces associated with rigidly mounted battery packs. The system includes multiple mounts with elastomer dampers that enhance NVH performance and ensure the safety of the battery pack, which is among the most expensive components in an electric vehicle.

According to Fortune Business Insights, The global   polytetrafluoroethylene (PTFE) filter membranes market   size was valued at USD 2,073.8 million in 2024. The market is projected to grow from USD 2,204.5 million in 2025 to USD 3,381.0 million by 2032, exhibiting a CAGR of 6.3% during the forecast period. Asia Pacific dominated the polytetrafluoroethylene (PTFE) filter membranes market with a market share of 41.15% in 2024.

Polytetrafluoroethylene (PTFE) filter membranes are synthetic membranes used for air and liquid filtration. PTFE is classified into hydrophobic & hydrophilic type that repels water and other liquids, making it an excellent choice for filtering gases and liquids. Polytetrafluoroethylene filter membranes   are often used in applications that require high chemical resistance, high temperatures, or high purity. They are commonly used in the pharmaceutical, food and beverage, and chemical industries.

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LIST OF KEY COMPANIES PROFILED:

• HYUNDAI MICRO Co., Ltd. (South Korea)
• Hangzhou IPRO Membrane Technology Co., Ltd (China)
• Suzhou Unique New Material Science & Technology Co., Ltd. (China)
• Hangzhou Cobetter Filtration Equipment Co.Ltd (China)
• GVS S.p.A. (Italy)
• General Electric (U.S.)
• Pall Corporation. (U.S.)
• Corning Incorporated (U.S.)
• Donaldson Company, Inc. (U.S.)

Regional Landscape

• 
  

  North America   dominates the current market, holding ~ 40% share   in 2023, with projected market share around   27–28% by 2025 , supported by stringent regulations such as FDA or EPA compliance standards in pharmaceutical, chemical, and wastewater sectors.

• 
  

  Europe   also contributes 20% of the market, with growth driven by regulatory pressures such as REACH and environmental mandates.

Product Types & Segments

Hydrophobic vs Hydrophilic

• 
  

  Hydrophobic PTFE membranes   lead the market and are expected to grow fastest—with   63.1% share by 2025 —because of their superior moisture resistance, making them ideal for pharmaceutical, biotech, and industrial applications.

• 
  

  Hydrophilic PTFE membranes   currently hold 40–60% share in some reports, reflecting their use in certain liquid‑filtration applications.

Key Industrial Applications

• 
  

  Industrial filtration   is the dominant application area—used in chemical processing, cement, power generation, and petrochemical industries due to PTFE’s excellent chemical resistance and thermal stability.

• 
  

  Other sectors include   water & wastewater treatment ,   food & beverage processing , and   medical/pharmaceutical filtration , particularly for sterile venting, drug manufacturing, and biotechnology processes.

Market Drivers & Opportunities

• 
  

  Strict environmental and industrial regulations   globally, especially in waste discharge, emissions control, and clean‑water mandates, are driving demand for high‑performance filtration systems—PTFE membranes meet these standards.

• 
  

  Rapid industrialization and urbanization , particularly in APAC countries (e.g., China, India), fuel demand for treated water and high‑purity filtration in chemical and pharmaceutical manufacturing.

• 
  

  Technological innovation —including nano‑engineering, electrospinning, development of ePTFE composites and hybrid membranes—is enhancing membrane efficiency and opening new use‑cases such as fuel cells, hydrogen separation, and biotech applications.

Challenges & Market Constraints

• 
  

  High manufacturing cost : PTFE-based membranes remain costlier than alternative materials (ceramic or polymeric) due to specialized processing and raw material volatility.

• 
  

  Regulatory compliance barriers : Multiple regional safety and environmental standards can delay product rollouts and raise entry costs for new players.

• 
  

  Emerging competition : Substitute technologies and materials—such as ceramic membranes or alternative fluoropolymers—pose pressure, particularly in price-sensitive market segments.

Competitive Landscape

Leading players include   Pall Corporation ,   Saint‑Gobain ,   Corning ,   Donaldson Company ,   W. L. Gore & Associates ,   Fiberflon ,   Hawach Scientific ,   Merck KGaA ,   Cytiva , and   Hyundai Micro Co. , among others.
Recent moves: Merck expanded PTFE membrane capacity in Ireland (~€440M investment) and Pall launched new hydrophobic PTFE lines targeting high-purity pharmaceutical and medical filtration markets in 2022–2023.

Forecast Outlook (2025–2035)

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  APAC remains the fastest expanding region , with China and India leading in demand; North America and Europe sustain growth through regulatory and infrastructure-driven opportunities.

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  Hydrophobic PTFE membranes   take an increasingly larger market share due to advances in performance and increasing penetration in pharma, biotech, and industrial filtration.

Information Source:  https://www.fortunebusinessinsights.com/polytetrafluoroethylene-ptfe-filter-membranes-market-108725

KEY INDUSTRY DEVELOPMENTS:

• In February 2023,  Donaldson Company, Inc. acquired Isolere Bio, Inc., a biotechnology company known for developing IsoTag reagents and its filtration processes, which are commonly used in manufacturing biopharmaceuticals. This acquisition is expected to expand Donaldson Company's capabilities while streamlining its manufacturing processes.
• In May 2022,  GVS announced the acquisition of the entire share capital of Haemotronic, a prominent Italian group specializing in producing advanced filtration solutions for highly critical applications. In addition, Haemotronic is a leading manufacturer of medical components and bags, with plants in Italy and Mexico. This acquisition represents a significant acquisition of this company and will help it expand its product portfolio. It will also help the company strengthen its presence in the healthcare sector in both Europe and North America.

According to Fortune Business Insights, The global   electrical insulation tape market   size valued at USD 13.65 billion in 2022 and is projected to grow from USD 14.27 billion in 2023 to USD 20.11 billion by 2030, exhibiting a CAGR of 5.0% during the forecast period. Asia Pacific dominated the electrical insulation tape market with a market share of 56.85% in 2022.

Electrical insulation tapes are specialized adhesive tapes designed specifically for electrical applications. The market anticipates growth due to increased demand for higher-efficiency electric motors and the rise in electric charging stations. Electrical insulation tapes serve as specialized adhesive tapes intended for electrical applications. Typically, these tapes consist of a flexible backing material, often Polyvinyl Chloride (PVC) or Polyethylene Terephthalate (PET), coated with a rubber-based adhesive. 

Fortune Business Insights™   mentioned this in a report titled, “ Electrical Insulation Tape Market, 2023-2030 .”

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List of Key Players Present in the Report :

• tesa SE (Germany)
• Saint-Gobain (France)
• Nitto Denko Corporation (Japan)
• Avery Dennison Corporation (U.S.)
• 3M (U.S.)
• IPG (U.S.)
• HellermannTyton (U.K.)
• TERAOKA SEISAKUSHO CO., LTD. (Japan)
• Shurtape Technologies, LLC (U.S.)
• Pidilite Industries Ltd. (India)

Global Electrical Insulation Tape Market Overview

Market Size & Forecast:

• 2022 Market Size: USD 13.65 billion
• 2023 Market Size: USD 14.27 billion
• 2030 Forecast Market Size: USD 20.11 billion
• CAGR (2023–2030): 5.0%

Market Share:

• Asia Pacific dominated with 56.85% share in 2022

Regional Insights

• Asia Pacific: Largest share at 56.8%, driven by electronics manufacturing and urbanization.
• North America: Second-largest market; growth supported by infrastructure upgrades and renewable energy projects (solar, wind).
• Europe: Growth linked to investments in renewable energy infrastructure requiring robust insulation solutions.
• Latin America & Middle East & Africa: Growth driven by expanding industrial sectors and construction activities.

Segments

Affordability and Flexibility of PVC Insulation Tape to Propel PVC Segment Growth

Based on material, the market is classified into PVC, glass cloth, PET, and others. In 2022, the PVC segment held the largest market share owing to the affordability and flexibility of PVC insulation tape, driving its growth.

Growing Demand from Electronics Manufacturing Industry to Drive Electrical & Electronics Segment Growth

By application, the market is segmented into electrical & electronics, aerospace, industrial, and others. The electrical & electronics segment dominates the market and is expected to be the fastest-growing segment. This growth is fueled by increasing demand from the electronics manufacturing sector for component protection, insulation, and wire harnessing.

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints

Growing Use of Insulation Tape in Consumer Electronics to Propel Market Growth

The growing use of electrical insulation tape in consumer electronics, safeguarding wires from wear and tear and accidental shocks, is expected to propel the electrical insulation tape market growth. It is mainly used to prevent accidental shocks and cover exposed wire connections.

However, alternative insulation technologies pose a challenge to market growth during the forecast period.

Regional Insights

Growing Electronic Industry to Drive Market in Asia Pacific

Asia Pacific leads the market, accounting for 56.8% of the electrical insulation tape market share in 2022. This dominance is attributed to the rapidly growing electronics industry in the region, driving demand and market growth.

North America follows as the second leading region, attributed to the growing industrial sector during the forecast period.

Information Source:  https://www.fortunebusinessinsights.com/electrical-insulation-tape-market-103476

Competitive Landscape

Increasing Key Players Focus on Product Offerings to Propel Market Growth

Key market players are concentrating on developing a robust regional presence, enhancing product offerings, and strengthening distribution channels to bolster their market position, expected to drive market share growth.

Key Industry Development

• December 2022:  Shurtape Technologies, LLC announced the acquisition of Pro Tapes & Specialties, Inc., a tape manufacturing company that serves several markets, including graphic arts, precision die-cutting and fabricating, library and school supply, retail and general industrial, and contract and custom converting. The acquisition is anticipated to enable the company to provide its customers with a broad range of product options and enhanced service capabilities to meet their ever-evolving needs.

According to Fortune Business Insights, The global   conductive inks market   size was USD 2.73 billion in 2023 and is projected to grow from USD 2.84 billion in 2024 to USD 3.98 billion by 2032 at a CAGR of 4.2% during the forecast period. Asia Pacific dominated the conductive inks market with a market share of 35.53% in 2023. 

Conductive ink combines the ability to conduct electricity with the utility of ink. The product is widely used in various applications, such as printing RFID tags, which are preferably used in modern transit tickets, computer keyboards, and windshield defrosters. According to the analysis, the ink has gained traction across applications, including printing RFID tags for computer keyboards and modern transit tickets. Moreover, the product has become highly sought-after for energy storage components globally.

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Major Players Profiled in the Market Report:

• DuPont (Delaware, U.S.)
• Henkel AG & Co. KGaA (Düsseldorf, Germany)
• Creative Materials Inc. (Massachusetts, U.S.)
• Heraeus Holding (Hanau, Germany)
• Poly-ink (Paris, France)
• CHASM (Massachusetts, U.S.)
• Johnson Matthey (London, U.K.)
• Vorbeck Materials Corp. (Maryland, U.S.)
• Daicel Corporation (Osaka, Japan)
• NovaCentrix (Texas, U.S.)

Segments

Type, Application, and Region are Studied

In terms of type, the market is fragmented into copper inks, silver inks, conductive polymer inks, carbon/graphene inks, and others.

Based on application, the market is segmented into RFID, automotive, membrane switches, photovoltaics, and others.

With respect to region, the market is segregated into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Global Conductive Inks Market Overview

Market Size & Forecast:

• 2023 Market Size: USD 2.73 billion
• 2024 Market Size: USD 2.84 billion
• 2032 Forecast Market Size: USD 3.98 billion
• CAGR (2024–2032): 4.2%

Market Share:

• Asia Pacific: Dominated with a 35.53% share in 2023.
• United States: Projected to reach USD 497.45 million by 2032 due to rising EV sales.

Regional Insights:

• Asia Pacific: Growth from demand in photovoltaics, microelectronics, and consumer electronics. Strong solar energy initiatives in China and India.
• North America: Growth due to rising EV adoption and automotive electronics.
• Europe: Strong renewable energy targets and solar expansion supporting demand.
• Latin America: Slower growth due to economic and political instability.
• Middle East & Africa: Limited expansion due to underdeveloped electronics sector.

Report Coverage

The report is prepared with the use of qualitative and quantitative assessments. The use of primary sources, such as interviews with key opinion leaders has boosted the dynamics and insights with respect to trends. The report includes secondary sources, including SEC filings, press releases, annual reports, and paid databases. The report also delves into top-down and bottom-up approaches to forecast market size, revenues, and growth of major players in the landscape.

Drivers and Restraints

Bullish Investments in Electronics Industry to Foster Return on Investment (RoI)

The unprecedented growth of the electric sector is poised to foster conductive inks market share over the next few years. End-users will continue to exhibit traction for lightweight and efficient electronics across the advanced and emerging economies. IoT sensors, RFID tags, printed heaters, and touch displays are likely to set the trend. Prominently, the advent of 5G networks will potentially augment RoI. Robust outlook will be driven by the need for faster electronic devices and organic biosensors.

Meanwhile, fluctuating prices of raw materials, along with soaring costs of silver, could dent the market growth.

Regional Insights

Expansion of Electronics Sector to Underscore Asia Pacific Market Growth

Emerging economies, such as China and India, are slated to spearhead the adoption of touch screens, photovoltaics, and microelectronics. The trend for consumer electronics will underpin the Asia Pacific conductive inks market growth during the assessment period. Besides, robust government policies to curb fossil fuel consumption will bolster regional growth.

North America industry outlook will be strong with the presence of leading companies across the U.S. and Canada. Industry players are likely to bank on the penetration of automotive players such as Tesla and Ford. An exponential rise in the footfall of electric vehicles will drive the trend for inks. Surging demand for advanced features in the auto sector will further the penetration of conductive inks.

Information Source:  https://www.fortunebusinessinsights.com/conductive-inks-market-106520

Competitive Landscape

Industry Players to Inject Funds into Product Rollouts to Bolster Footfall

Leading companies are poised to up their investments in mergers & acquisitions, R&D activities and technological advancements. The market’s competitiveness indicates key players could invest in geographical expansion and product portfolio expansion.

Key Industry Developments

• March 2023  - - OKdo, a subsidiary of RS Group, entered into a strategic partnership with Bare Conductive company. This partnership will help the company to scale its manufacturing facility, invent new products, and better serve customers.

According to Fortune Business Insights, The global   nitric acid market   size was valued at USD 23.73 billion in 2023 and is projected to grow from USD 24.56 billion in 2024 to USD 32.64 billion by 2032, exhibiting a CAGR of 3.6% during the forecast period. Asia Pacific dominated the nitric acid market with a market share of 51.45% in 2023. Nitric acid (HNO3), also known as aqua fortis, is a colorless compound that turns yellow over a period of time due to the decomposition of nitrogen and water into oxides.

Vehicle manufacturers are concentrating on cutting-edge technologies owing to the rising demand for lightweight automobiles. This, in turn, is anticipated to propel the demand for HNO3 as companies are transitioning toward nylon to reduce weight and enhance fuel capacity.   Fortune Business Insights presents this information in their report titled "Global Nitric Acid Market, 2024–2032."

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Major Players Profiled in the Report:

• BASF SE (Germany)
• Nutrien (Canada)
• EuroChem (Switzerland)
• CF Industries Holdings, Inc. (U.S.)
• Omnia Holdings Limited (South Africa)
• Dyno Nobel (Australia)
• Enaex S.A. (Chile)
• Sasol (South Africa)
• LSB Industries (U.S.)
• IXOM (Australia)

Segments

Dominance of Fertilizers Segment Driven by Growing Agricultural Activities

Based on application, the market is segmented into fertilizers, nitrobenzene, adipic acid, toluene di-isocyanate, and others. The increasing demand for agricultural activities to meet the needs of a growing population has led to the fertilizers segment holding the largest share nitric acid market share. It is utilized in the production of fertilizers such as ammonium nitrate and calcium ammonium nitrate, which play a vital role in achieving high-quality and abundant crop yields.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Global Nitric Acid Market Overview

Market Size & Forecast:

• 2023 Market Size: USD 23.73 billion
• 2024 Market Size: USD 24.56 billion
• 2032 Forecast Market Size: USD 32.64 billion
• CAGR: 3.6% (2024–2032)

Market Share:

• Asia Pacific dominated with 51.45% market share in 2023
• U.S. market projected to reach USD 3.19 billion by 2032

Regional Insights:

• Asia Pacific: Largest market with USD 12.21 billion in 2023, driven by demand in automotive, agriculture, and construction sectors in China, India, and Japan.
• North America: Significant share supported by technological advancements, demand for fuel-efficient vehicles, and construction activities.
• Europe: Substantial growth expected, led by demand for lightweight, eco-friendly automobiles and stringent environmental standards, with Germany as a key player.
• Latin America & Middle East & Africa: Moderate growth driven by food demand, industrialization, construction technology, and availability of raw materials lowering production costs.

Report Coverage

The comprehensive report presents an intricate examination of the market, with a specific emphasis on prominent enterprises, cutting-edge technologies, and prominent application domains. Moreover, the research report provides valuable observations on prevailing market trends and showcases noteworthy advancements within the industry. Alongside the aforementioned elements, the report encompasses numerous factors that have played a significant role in fostering the market's expansion in recent times.

Drivers and Restraints

Growing Construction Activities and Infrastructure Projects Propel Market Growth

The market growth is driven by increased construction activities, as Toluene di-isocyanate (TDI) and HNO3 intermediate are essential in the production of polyurethane foams, wood and floor coatings, and insulation materials. Additionally, the growth of the HNO3 market is fueled by improving consumer lifestyles, rising renovation activities, and new infrastructure projects initiated by governments.

However, governmental policies aimed at environmental protection and waste reduction pose challenges to the nitric acid market growth.

Regional Insights

Asia Pacific Emerges as a Prominent Region with Growing Demand across Industries

Asia Pacific achieved a market size of USD 11.78 billion in 2022, driven by the growing demand for the product across diverse industries such as automotive, agriculture, and construction.

North America is projected to hold a substantial share of the global market, which can be attributed to the region's rapid technological advancements and high disposable income of its consumers.

Competitive Landscape

Key Players Focus on Collaborations and Strategies to Maintain Competitive Edge

Major industry players are actively engaged in enhancing their capacities, driving product innovation, pursuing acquisitions and mergers, and fostering collaborations to gain a competitive advantage in the global market.

Information Source:  https://www.fortunebusinessinsights.com/nitric-acid-market-104566

Key Industry Development

January 2023:   Dorogobuzh introduced a new 135-ktpa UKL nitric acid unit in Smolensk region. The company’s engineering research and design center is designing this project, which costs around USD 17 million. The company’s nitric acid production capacity will reach 1.5 million tons per annum with the help of this launch.