According to Fortune Business Insights, The global   graphene market   size was valued at USD 694.0 million   in 2024. The market is projected to grow from USD 941.1 million in 2025   to USD 8,329.9 million by 2032, exhibiting a CAGR of 36.5% during the forecast period. Asia Pacific dominated the graphene market with a market share of 28.76% in 2024.

Graphene is a carbon allotrope made up of a monolayer of atoms arranged in a 2D honeycomb lattice nanostructure. Increasing number of R&D activities for sensors made from graphene is expected to drive the market growth. With high thermal and electrical conductivity, there has been an increase in demand for the product.   Fortune Business Insights ™   shares this information in its report titled “ Graphene   Market, 2025-2032. ”

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Segments

GNP to Lead Due to Demand from   Aerospace and Automotive Industries  

On the basis of product, the market is segmented into Graphene Oxide (GO), Graphene Nanoplatelets (GNP), and others. Graphene Nanoplatelets (GNP) held the majority part in 2022 owing to increasing demand for lightweight composite materials in the aerospace and automotive industries. Several R&D activities are being performed to commercialize GNP production. Graphene Oxide (GO) is also expected to show a significant growth due to growing demand for nanotechnology in the electronics and semiconductor industries. 

Aerospace & Defense Segment   to Lead as the Product is Used to   Improve the Functionality of Coatings

Based on end-use industry, the market is segmented into electronics, aerospace & defense, automotive, energy, and others. Graphene in the aerospace industry is used to improve the functionality of coatings and composites used in planes, drones, helicopters, and spaceship manufacturing. The automotive industry also requires improvement in vehicle dimensional stability.

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

List of Key Players Profiled in the Report

• Haydale Graphene Industries plc (U.K.)
• Graphenea (U.S.)
• ACS Material (U.S.)
• XG Sciences (U.S.)
• Global Graphene Group (U.S.)
• Applied Graphene Materials (U.K.)
• Grolltex Inc (U.S.)
• Directa Plus S.p.A (Italy)
• NanoXplore Inc. (Canada)
• Thomas Swan & Co. Ltd. (K.)
• First Graphene (Australia)
• Talga Group (Australia)
• Graphite Central (U.S.)

Drivers and Restraints

Growing Penetration of the Product in the Electronics Industry   to Drive Market Growth

Growing penetration of the product in the electronics industry is expected to drive the graphene market growth. The product is known for its high thermal and electrical conductivity and lightweight nature and it is used in electronics applications. Owing to its high mechanical resilience, it has the capability to take on higher voltages. This is likely to influence growth as industries are embracing a greater degree of electrification. It is one of the strong alternatives for indium tin oxide, which is used in touch screens of smartphones and tablet computers as a transparent conductor and electrode in OLEDs and solar cells.

However, negative environmental impact of the product is anticipated to hinder market development.

Regional Insights

Asia Pacific to Lead Market Due to the   Presence of Large-scale Manufacturers and Consumers

Asia Pacific is also set to dominate the graphene market share during the forecast period due to favorable policies by the governments, academic research, and funding. The market was valued at USD 113.2 million in 2022 owing to the presence of large-scale manufacturers and consumers and the rise in production in various industries such as automobile, defense, marine, and aerospace. 

North America is expected to have prominent growth due to high demand from aerospace and energy industries. Demand for eco-friendly, strong, efficient, and lightweight goods is also expected to drive market growth. There is increasing installation of GO in batteries and solar cells for better performance.

The Latin America market is anticipated to have a moderate growth due to demand from the automotive sectors for products such as graphene-based batteries in anti-crash systems, vehicles, tires, and more.  

Competitive Landscape

Market Players are Competing with International and Regional Players with Extensive Distribution Networks

The key market players are Haydale Graphene Industries plc, NanoXplore Inc., Applied Graphene Materials, Graphenea, Directa Plus S.p.A, ACS Material, XG Sciences, Global Graphene Group, Grolltex Inc, and others. These players have been competing with international and regional players with extensive distribution networks, regulatory know-how, and suppliers. In July 2021, AGM launched a series of eco-friendly GNP dispersions enable coatings, paints, and composite material for developing sustainability in their various product formulations.    

Information Source:  https://www.fortunebusinessinsights.com/graphene-market-102930

Key Industry Development

• December 2023 -  NanoXplore Inc. announced the successful commissioning of two anode material pilot lines, which will help the company achieve sustainable energy storage solutions.
• June 2022 -  Graphenea and Grapheal joined forces to quicken the study on biosensors with GraphLAB, a graphene-based product. GraphLAB is a next-gen assessment method for protein disease and screening detection.

According to Fortune Business Insights, The global  corrugated board packaging market  size is expected to display exceptional growth during the forecast period of 2024-2032. Corrugated board packaging is a versatile and budget-friendly method of packaging, safeguarding, and transporting a vast variety of products. There are several advantages of using these boards, such as lightweight nature, recyclability, and biodegradability, which make them a popular packaging item in many industries. This factor will play a key role in boosting the demand for this form of packaging, thereby accelerating the market’s growth.

Fortune Business Insights presents this information in a report titled " Corrugated Board Packaging  Market,  2025-2032 ."

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Major Players Profiled in the Report:

Key players in the corrugated board packaging space are focusing on capacity expansion, mergers & acquisitions, and digital innovation. Major companies include:

• Mondi Group (U.K.)
• Smurfit Kappa (Ireland)
• Sealed Air Corporation (U.S.)
• Wertheimer Box Corp. (U.S.)
• Arabian Packaging Co. LLC (Dubai)
• Klingele Papierwerke GmbH & Co. KG (Germany)
• Pregis LLC (U.S.)
• DS Smith (U.K.)
• John Hargreaves (U.K.)
• IPS Packaging and Automation (U.S.)
• Hughes Enterprises (U.S.)

Segments:

By board type, the market is divided into single face corrugated board, single wall (double face) corrugated board, double wall corrugated board, and triple wall corrugated board.

By flute type, the market is segmented into A flute, B flute, C flute, E flute, F flute, BC flute, and EB flute.

By end-user, the market is segregated into food & beverage, personal care & cosmetics, e-commerce, electronics & electrical, healthcare, and others.

With respect to geography, the market is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

Emerging Trends

• 
  

  Automation & Smart Manufacturing : Companies are integrating AI, robotics, and machine learning into production lines, increasing speed and reducing waste.

• 
  

  Cold Chain & Heavy-Duty Corrugated Solutions : Growing demand for temperature-sensitive and industrial packaging.

• 
  

  Design Personalization : Custom printed packaging for brand identity and consumer engagement is increasingly common.

• 
  

  Plastic Replacement Initiatives : Corrugated trays, wraps, and containers are replacing rigid plastic in multiple industries.

Report Coverage:

The report has conducted a detailed analysis of the market and focused on several critical aspects, such as leading end-users, board types, flute types, and top market players. It has also highlighted the most recent market trends and the key developments in the industry. In addition to the factors mentioned above, the report delves into several other factors that have helped the market grow.

Drivers:

Increasing Demand for Eco-Friendly Packaging Solutions to Fuel Market Growth

Customers are becoming increasingly conscious about their overall impact on the environment. This has increased their preference for eco-friendly packaging products to reduce their carbon footprint. Moreover, the ever-expanding food & beverage industry is also fueling the adoption of corrugated board packaging products to safely transport food products without compromising on their quality and freshness.

However, low mechanical strength and endurance do not make these products suitable for packing heavy items, which can impede their demand.

Regional Insights

North America Leads Global Market Growth Due to Increasing Sales of Consumer Electronics

North America is dominating the global corrugated board packaging market share as the region is witnessing high sales of consumer electronics, such as smartphones and laptops. Rapid urbanization and digitization are some of the key factors bolstering the sales of these products, which will positively impact the demand for corrugated board packaging solutions.

Asia Pacific is recording the fastest growth due to rising eco-consciousness and growing demand for sustainable packaging solutions.

Europe will also witness steady growth due to major advancements in the electronics industry and robust demand for processed foods.

Latin America and the Middle East & Africa will showcase moderate progress due to the growing need for corrugated boards with plastic coatings, lightweight flutes, and other features.

Future Outlook (2025–2032)

The corrugated board packaging market is expected to continue on a stable growth trajectory with key opportunities in:

• 
  

  Digital printing and customizable packaging

• 
  

  Integration with IoT and blockchain for smart logistics

• 
  

  Expansion in pharmaceutical and healthcare packaging

• 
  

  Biodegradable coatings to enhance moisture resistance

Information Source:  https://www.fortunebusinessinsights.com/corrugated-board-packaging-market-108360

Key Industry Development

• September 2022 -  Palm Group announced the acquisition of the family-owned corrugated board plant, Orsini Imballaggi. The acquisition increases the production capacities of Palm Group in Italy.
• May 2022 -  Mondi announced an investment of USD 302 million to increase corrugated board and cardboard production. This investment helps to expand capacity and increase efficiency in the Czech Republic, Poland, Germany, and Turkey. Of this investment figure, USD 199 million includes its central and eastern European Corrugated Solutions plant network.

According to Fortune Business Insights, The global   neopentyl glycol market   size was valued at USD 1,327.7 million in 2024. The market is projected to grow from USD 1,407.1 million in 2025 to USD 2,219.1 million by 2032 at a CAGR of 6.7% during the forecast period. Asia Pacific dominated the neopentyl glycol market with a market share of 44.16% in 2024. Neopentyl glycol (NPG) is a versatile chemical in modern industry, prized for its role in producing high-performance coatings, resins, and plastics. This white, crystalline material offers excellent resistance to heat and oxidation, making it indispensable for crafting materials that must endure tough conditions.

Fortune Business Insights presents this information in their report titled " Neopentyl Glycol Market , 2025–2032."

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M ajor Players Profiled in the Report:

• POLIOLI S.p.A. (Italy)
• Gantrade Corporation (U.S.)
• LG Chem (South Korea)
• Eastman Chemical Company (U.S.)
• BASF SE (Germany)
• MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan)
• Perstorp (Sweden)
• Hefei TNJ Chemical Industry Co., Ltd. (China)
• Oleon Health and Beauty (Belgium)
• OQ Chemicals GmbH (Germany)

Segments:

In terms of form, the market is classified into slurry, flakes, and molten. The flakes segment commands a substantial neopentyl glycol market share due to rising requirements for premium adhesives and sealants in the automotive and construction industries. Flakes meet these demands with exceptional thermal stability and environmental resistance. Their high purity, easy storage, and efficient handling make them a go-to choice for industrial applications. Moreover, construction firms leverage these flakes for producing powder coatings, valued for their environmental benefits and tough, aesthetically pleasing finishes for building exteriors.

On the basis of the end-use industry, the market is divided into paints & coatings, construction, plastics, textiles, automotive, and others. The automotive segment takes center stage in the market due to the rapid adoption of superior coatings and sturdy plastic components. Neopentyl glycol enhances automotive coatings by boosting gloss, durability, and resistance to environmental challenges, such as UV rays, temperature fluctuations, and mechanical wear, ensuring vehicles retain their appeal over time. As the industry shifts toward lightweight designs to improve fuel economy and reduce emissions, NPG plays a crucial role in advanced composites, enabling efficient vehicle construction without sacrificing safety or durability. With an emphasis on sustainable solutions, the automotive sector’s increasing adoption of NPG is likely to drive future market growth.

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

Report Coverage

The thorough market research report explores important topics, such as the distribution channels, prominent product types, and the competitive environment. The report offers insightful information about current market trends and noteworthy developments in the field. It also comprises different aspects that have assisted in the recent market growth. The study provides a comprehensive analysis of these variables, providing an overall picture of the market's current and future potential. Stakeholders can use this information to create successful strategies and make well-informed decisions.

Drivers

Increasing Production of Polyurethanes and Polyesters to Foster Market Growth

Neopentyl glycol serves as a fundamental ingredient in the production of polyurethanes and polyesters, which are utilized in furniture finishes, automotive coatings, and adhesives. Its molecular structure ensures enhanced durability, extending the lifespan and reliability of these products. Neol Neopentyl Glycol Pure Liquid ZeroPCF_EU, Cradle-to-Gate: With bio-based feedstocks integrated into the value chain through the Mass Balance Chain of Custody, the product boasts a carbon footprint of <0 kgCO2e/kg, represented as 0 kgCO2e/kg of product (carbon-neutral). Additionally, a biogenic uptake of 2.1 kgCO2e/kg contributes to this eco-friendly footprint. All these factors are augmenting the neopentyl glycol market growth.

Regional Insights

Increased Urbanization and Industrialization Fuels Market Growth in Asia Pacific

Asia Pacific dominates the global market due to increased urbanization and industrialization in India, China, and Southeast Asian nations. Growing usage of neopentyl glycol for manufacturing coatings, plasticizers, lubricants, and paints is driving market expansion in the region.

Competitive Landscape

Major Producers Expand Their Production Capacities to Remain Competitive in the Market

Key players implement strategies, including mergers, partnerships, joint ventures, and collaborations, to increase their market presence. Top producers are focusing on expanding their production capacities to remain competitive in the market. Leading companies are highly investing in R&D to increase their product offerings. Competitors in the industry must offer affordable products to grow and thrive in the market.

Information Source:  https://www.fortunebusinessinsights.com/neopentyl-glycol-market-110106

Key Industry Developments

• July 2023 :  Zhejiang Guanghua Technology Co., Ltd. and BASF entered a letter of intent to provide Neopentyl glycol from the Zhanjiang Verbund site to KHUA. This collaboration will help BASF cater to the increasing demand for low-emission powder coatings in the Asia Pacific region and China.
• October 2022:  BASF invested in a new Neopentyl glycol in China with a production capacity of 80,000 metric tons. The new plant will boost BASF’s Neopentyl glycol capacity to 335,000 metric tons annually. The new plant will mainly cater to the growing demand for powder coatings in China.

According to Fortune Business Insights, The   Flexible Foam Market  is witnessing remarkable growth, driven by increasing demand from key industries such as automotive, furniture & bedding, packaging, and consumer goods. Flexible foams are polymer-based materials made up of hydrocarbon chains and organic functional groups. These foams offer a range of beneficial properties such as flexibility, insulation, lightweight structure, durability, shock absorption, and long-lasting performance. Due to these attributes, flexible foams are widely used across various applications including thermal insulation, furniture and bedding, and automotive interiors and seating. In the construction industry, they find applications in pipeline insulation, slab filling, door and roof paneling, and forging support. Additionally, the rising demand in the packaging sector is expected to further fuel the growth of the flexible foam market.

What is Flexible Foam?

Flexible foam is a polymer-based material known for its lightweight, cushioning, and insulating properties. It is commonly manufactured using polyurethane (PU), polyethylene (PE), and polypropylene (PP). The most widespread applications include mattresses, car seats, soundproofing, packaging, and textiles.

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Key Players Covered:

The global flexible foam market consists of global & regional players operating. Some of the key players in the market include BASF, Covestro AG, Zotefoams plc., Mitsui Chemicals, Huntsman International, JSP, Dow Chemical Company, Recticel, Ube Industries and others .

The growing demand for flexible foams across diverse end-use industries—including automotive, building & construction, consumer goods, and packaging—is expected to significantly drive market growth. In the automotive sector, the increasing use of flexible foam is fueled by its superior performance characteristics and aesthetic versatility, enhancing both comfort and design. Moreover, the rising adoption of flexible foam in construction applications, aimed at improving energy efficiency and reducing energy consumption in buildings, is projected to further propel market expansion.

Key Market Drivers

1. Growing Demand in Furniture & Bedding

The   furniture and bedding industry   remains the largest consumer of flexible foam. Rising urbanization, evolving lifestyle trends, and consumer preference for ergonomic and luxurious furniture are key contributors to the market's growth.

2. Booming Automotive Sector

Flexible foam is widely used in   automotive interiors , such as seating, headliners, and insulation. The rise in global vehicle production and increasing focus on lightweight materials to improve fuel efficiency are propelling demand.

3. Expansion in E-commerce Packaging

With the explosion of   e-commerce and online shopping , packaging materials like flexible foam are in high demand due to their   shock absorption   and   protective qualities .

4. Sustainability and Innovation

Manufacturers are focusing on   bio-based flexible foams ,   recyclable materials , and   low-emission production processes , aligning with global sustainability goals.

Market Segmentation

By Type:

• Polyurethane (PU) Foam
• Polyethylene (PE) Foam
• Polypropylene (PP) Foam
• Others (Silicone, PVC, etc.)

By End-Use Industry:

• Furniture & Bedding
• Automotive
• Packaging
• Construction
• Consumer Goods
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Insights

Asia Pacific – The Growth Leader

Asia Pacific is expected to hold the largest share of the flexible foam market during 2025–2032, led by   China, India, and Southeast Asian   economies. Rapid industrialization, rising construction activity, and increasing automotive demand are fueling market expansion.

North America & Europe – Focus on Sustainability

Regions like   North America   and   Europe   are focusing on   eco-friendly foams , driven by strict environmental regulations and innovation in recycling technologies.

Market Challenges

• Volatility in Raw Material Prices
• Environmental Regulations
• Limited Recycling Infrastructure

Despite these challenges, innovations in   bio-based foams   and advanced   recycling methods   are expected to mitigate long-term risks.

Future Outlook (2025–2032)

The future of the   flexible foam market   looks promising, with strong growth projected across multiple sectors. Trends such as   smart foam materials ,   customized furniture ,   automotive electrification , and   eco-conscious packaging solutions   will redefine the industry.

Information Source:  https://www.fortunebusinessinsights.com/flexible-foam-market-105321

Key Highlights:

• Market Size in 2024: USD 43.2 Billion
• Forecast for 2032: USD 67.1 Billion
• CAGR: 5.7% (2025–2032)

The   Flexible Foam Market   is on a solid upward trajectory with increasing demand across industries and a growing shift toward   sustainable and recyclable foam solutions . Market players who embrace   green innovation ,   advanced manufacturing , and   strategic regional expansion   are likely to gain a competitive advantage in the years ahead.

Flexible Foam Industry Developments

• In March 2021, a leading manufacturer of polymers Covestro, developed a process for recycling flexible foams made of Polyurethanes.
• In September 2018, BASF developed world’s first particle foam based on polyethersulfone. The prototypes are claimed to hold combination of properties like temperature resistance, stiffness, strength, and intrinsic flame retarding properties.

According to Fortune Business Insights, The global   liquid packaging carton market   size was valued at USD 28.03 billion in 2024. The market growth is projected to be USD 29.51 billion in 2025 to USD 40.76 billion by 2032, exhibiting a CAGR of 4.72% during the forecast period. 

Liquid packaging cartons are mainly designed for the distribution and packaging of products, such as juices, milk, nectars, soups, fruit-flavored still drinks, and other beverages. The material used for the manufacturing of these cartons is chosen due to its ability to protect products from air, contaminants, light, and moisture. The recyclable nature of the liquid packaging cartons is driving the market growth. The material used for the production of these layers is often chosen for its ability to protect the products from external factors, such as air, contaminants, moisture, and light. Liquid cartons are known for providing excellent protection that preserves the freshness and flavor of liquid contents.

Fortune Business Insights™   mentioned this in a report titled, “ Liquid Packaging Carton Market, 2025-2032 .”

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List of Key Players Present in the Report :

• Tetra Pak International S.A. (Switzerland)
• Elopak AS (Norway)
• SIG Combibloc Group AG (Switzerland)
• Oji Holdings Corporation (Italy)
• Nippon Paper Industries Co. Ltd. (Japan)
• Adam Pack S.A. (Greece)
• Stora Enso Oyj (Finland)
• B. Fuller Company (U.S.)
• LAMI PACKAGING CO., LTD. (China)
• Weyerhaeuser Company (U.S.)
• Smurfit Kappa Group plc (Ireland)
• Greatview Aseptic Packaging Co. Ltd. (China)
• TidePak Aseptic Packaging Material Co. Ltd. (China)
• Lami Packaging (Kunshan) Co. Ltd. (China)

Segments

Easy Stacking to Boost Brick Liquid Cartons Segment Growth

By type, the market is segmented into brick liquid cartons, gable top liquid cartons, and shaped liquid cartons. The brick liquid cartons segment holds the largest liquid packaging carton market share and is anticipated to grow during the forecast period. The segment’s growth is attributed to their uniform shape of these cartons, which allows easy stacking and efficient shipping.

Growing Consumer Preferences to Boost Long Term Cartons Segment Expansion

Based on shelf life, the market is segmented into short term shelf life and long term shelf life. The long term shelf life segment dominated the market. The segment’s growth is attributed to the growing consumer preferences and sustainability in the packaging industry, as these cartons offer long shelf life.

Low Cost of Liquid Cartons Propels Dairy Products Segment Growth

By application, the market is categorized into dairy products, wine and spirits, juices and drinks, and others. The dairy products segment dominates the market globally owing to the low cost of liquid cartons that helps dairy brands maintain competitive pricing in the market.

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

Rising Demand for Sustainable Packaging Solutions to Boost Market Growth

The increasing demand for sustainable packaging solutions and the rising research and development activities in the industry toward achieving sustainability goals drives the liquid packaging carton market growth. The ease of recycling makes the liquid packaging cartons an attractive choice for environmentally conscious customers.

However, highly acidic products or products having specific requirements related to protection and shelf life may not go with liquid carton packaging, further impeding the market expansion.

Regional Insights

Rising Demand from Food & Beverage, Dairy, and Still Drinks Industries to Propel Market Expansion in Asia Pacific

Asia Pacific holds the largest market share. The growth is attributed to the increasing dairy, beverage, food, and still drinks industries in the region, which is driving the market growth.

North America is the second dominating region in the market. The growth is attributed to the rising dairy market, the presence of significant market players, and the leading consumer products industry in the region.

Competitive Landscape

Key Players Offering Innovative Packaging to Propel Market Growth

The liquid packaging carton market comprises key players, such as Tetra Pak International S.A., Elopak AS, SIG Combibloc Group AG, IPI S.r.l., Nippon Paper Industries Co. Ltd., and others. The innovative packaging offered by these key players in the packaging industry drives the market growth.

Information Source:  https://www.fortunebusinessinsights.com/liquid-packaging-carton-market-105282

Key Industry Development

• October 2023 –  SIG announced the launch of the uniquely different on-the-go carton bottle SIG DomeMini. The small-size carton pack offers all the convenience of a plastic bottle and the sustainability benefits of a carton pack.
• September 2023 –  LUORO, the first company to launch a mouthwash product in Elopack’s D-PAK™ cartons, has expanded its Paperdent range, its sustainable dental care range.

According to Fortune Business Insights, The global   cold-formed steel market   size is anticipated to grow at a healthy CAGR during the forecast period. Cold-formed steel, also known as light gauge steel, is primarily manufactured from steel plates, sheets, and strips. It offers several advantages, including ease of fabrication, transportation, and installation.

Cold-framed steel is commonly used for construction purposes. These cold-framed are mostly made up of sheets, steel plates, and strip materials. Its advantages such as easy to transport, fabricate and install. Its lighter weight, stiffness, and high strength are key properties boosting its demand and adoption. Steel is the most commonly used material for construction purposes. There are thousands of grades of steel, and there is various technology for the manufacturing of steel. One of the essential types of steel which are commonly used for construction purposes is called cold-framed steel. 

Fortune Business Insights   presents this information in its report titled   "Cold-formed Steel   Market, 2025-2032."                                     

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The Report Lists the Key Players Profiled in the Market Report:

• HBIS Group (China)
• AK Steel Corporation (U.S.)
• ArcelorMittal (Luxembourg)
• Nippon Steel & Sumitomo Metal Corporation (Japan)
• Baosteel (China)
• POSCO (South Korea)
• Nucor Corporation (U.S.)
• Steel Dynamic Inc. (U.S.)
• JSW steel (India)
• Shagang Group (China)

Market Segments: 

Based on segment type, the market is classified into structural shapes, panels & decks.

On the basis of technology, the market is split into roll forming, folding, and press banking.

According to the application, the market is segmented into building & construction (residential & non-residential), automotive, industrial equipment, and others.

Geographically, the market is segregated into 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 the regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• Recent industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints :

Need for High-Strength Materials to Drive Market Forward    

Cold-formed steel's properties are resistance to fire, wear and corrosion, moisture, and energy-efficient. They are also called light gauges and are made from sheets, strip materials, and steel plates.

The material's advantages are that it is easy to transport, fabricate and install. These factors and properties are anticipated to increase the demand in the market and elevate growth.

The cold-formed steel material is in high demand in the U.S. as the material appears to be earthquake-proof. Also, it’s lightweight and can bear the high magnitude of an earthquake is the reason for to growth of the market.

The demand for the product is not limited to the construction and building sector, but it has high demand in the industrial and automotive sectors.

Regional Insights :      

Increasing Infrastructure Activities to Boost Asia Pacific Market Growth

Asia Pacific is expected to dominate the market with the increase in the growth in building and population and construction activities such as warehouses, bridges, and buildings. The main reason for the material is increasing because of the government's growing interest in infrastructure.

North America holds the second-largest share as the U.S. is the leading manufacturer of cold-formed steel. Surging construction activities in the U.S. is the reason for the cold-formed steel market growth.

In the Middle East & Africa, the growing demand for construction and buildings due to the 2022 football World Cup is expected to grow the cold-formed steel market share.

In Europe, with the development in the construction and automotive industry, the requirement for cold-formed steel is massive. 

Competitive Landscape

Innovative Launch Operations by Key Players to Boost Market Growth

Players in the market have launched new techniques in the market to boost the market growth with their solutions and to elevate the competition in the market. It includes the launching of new patterns, such as investments, and the launch of new and advanced products in the market. Companies have been applying new plans such as partnerships and mergers to support their position in the market.

Cold-formed steel can be fabricated with high accuracy in a plant and then assembled on job sites, which significantly increases erection efficiency and ensures construction quality. Also, very less manpower is required for construction; it is a durable material, economy in transportation and handling and recyclable in nature.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/cold-formed-steel-market-100983

Notable Industry Development:   

• December 2022-   Recently, the Finance Ministry removed the 15% export tax it had previously imposed on a number of steel goods in an effort to increase supply on the domestic market and control pricing. The people involved in the steel sector are greatly relieved by this. Furthermore, the tax on high-grade iron ore has been reduced from 50% to 30% while being fully eliminated for lower grades with iron contents below 58%.         

According to Fortune Business Insights, The global   adherence packaging market   size was valued at USD 1.13 billion in 2024. It is projected to be worth USD 1.20 billion in 2025 and reach USD 1.89 billion by 2032, exhibiting a CAGR of 6.67% during the forecast period. North America dominated the adherence packaging market with a market share of 38.05% in 2024.

Adherence packaging, also called compliance packaging means the method of packaging that makes the adherence of patients to their drug routine easy. The surge in the emphasis of prominent companies on the enhancement of medication adherence through more patient-focused and intelligent packaging methods, which leads to the generation of data from current delivery systems and medicines while aiding in the reduction of wastage of drugs, is fostering the market growth. Adherence packaging is a specialized method utilized by pharmacies to provide medications in a more systematic and user-friendly way.

Fortune Business Insights presents this information in their report titled "   Adherence Packaging Market , 2025–2032."

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Major Players Profiled in the Report:

• Westrock Company (U.S.)
• Omnicell Inc. (U.S.)
• Cardinal Health, Inc. (U.S.)
• Keystone Folding Box Co. (U.S.)
• Jones Healthcare Group (Canada)
• CuePath Innovation (Canada)
• Manrex Limited (Canada)
• Medicine-On-Time LLC (U.S.)
• Becton, Dickinson and Company (U.S.)
• ARxIUM, Inc. (U.S.)

Segmentation:

By material, the market is classified into aluminum, paper & paperboard, and plastic. The plastic segment captured the largest adherence packaging market share in 2023. This can be attributed to the cost-effectiveness, transparency, lightweight, and malleable nature of plastic.

In terms of type, the market is bifurcated into multi-dose and unit-dose. The multi-dose segment accounts for the largest share due to the growing requirement for adherence to medication.

Based on packaging type, the market is segregated into pouches and blisters. The blisters segment holds the largest market share. Enhanced shelf-life, ease of transport, and high resistance to tamper provided by blisters are augmenting the segment expansion.

With respect to end users, the market for adherence packaging is segmented into long-term care facilities, pharmacies, and hospitals.

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

Report Coverage

The research report provides a detailed analysis of the major strategic initiatives opted for by leading players in the market. In addition, it highlights the top trends, key industry developments, and the impact of the COVID-19 pandemic on the market growth. Additional aspects of the report include the notable factors impacting the adherence packaging market size.

Drivers:

Surging   Desire to Remove Drug Wastage to Impel the Market Growth

The adherence packaging market growth can be credited to a rise in desire for the removal of wastage of the drug. Moreover, medication waste accounts for a substantial impact on the economy and the healthcare system across the globe and creates detrimental consequences for the environment.

Regional Insights:

North America Dominates Due to Rising Life Science & Medical Research Activities

North America accounts for the dominating position in the market. This is due to the growing spending power on healthcare coupled with the surging medical research & life science research activities.

Europe is the second-leading region in the adherence packaging market owing to the heightened availability of government funding for activities pertaining to research and development.

The Asia Pacific market is observing the fastest growth owing to the growing uptake of the solution along with healthcare sector investments.

Competitive Landscape:

Top Players Emphasize Launching New Products to Reinforce Their Industry Position

Mergers & acquisitions, partnerships, and joint ventures are some of the strategies opted for by leading companies to gain a competitive edge in the adherence packaging market. Several firms are also focusing on launching new products to sustain their industry leadership.

Information Source:  https://www.fortunebusinessinsights.com/adherence-packaging-market-108330

Key Industry Development

• In April 2024,  Gerresheimer partnered with U.S. digital health company RxCap, acquiring a minority stake. Gerresheimer's subsidiary Center aimed at distributing RxCap's adherence solutions in U.S. pharmacies, leveraging its market leadership in prescription vials to enhance pharmacy workflows with smart technology.
• In April 2024,  Jones Healthcare Group launched a new line of smart adherence packages that utilizes technology to monitor medication usage and enhance patient engagement.
• In October 2023,  JFCRx, a provider of technology solutions and automation for pharmacies, announced its entry into the pharmacy automation market. Founded and managed by experienced professionals in the pharmacy sector, JFCRx offers pouch and blister adherence packaging, inspection systems, and vial fillers for the pharmaceutical market.

According to Fortune Business Insights, The   India water purifier market   size was valued at USD 2.19 billion in 2024. The market is expected to grow from USD 2.54 billion in 2025 to USD 7.72 billion by 2032 at a CAGR of 17.2% during the forecast period.

The India water purifier market is witnessing rapid growth, driven by increasing awareness of waterborne diseases, rising health consciousness, and the need for safe drinking water. With urbanization accelerating and groundwater contamination becoming a concern, water purifiers have become a necessity in Indian households and institutions. The growing urban population, coupled with increasing disposable income, is fostering strong demand for technologically advanced purification systems across urban and semi-urban regions.

Water purifiers are devices designed to remove impurities from water, making it safe for drinking and household use. These systems utilize various filtration technologies—such as reverse osmosis (RO), ultraviolet (UV), and others—to eliminate contaminants. Based on the type of filter used, water purifiers are categorized into different types. They not only improve the taste of water but also provide multiple health benefits by ensuring it is clean and safe for consumption. Widely used in residential, light commercial, and commercial settings, the rising need for clean water coupled with increasing awareness around health and hygiene is significantly boosting the demand for water purifiers.

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LIST OF KEY PLAYERS PROFILED

• Eureka Forbes Ltd. (India)
• Kent RO Systems Ltd. (India)
• Livpure Smart Homes Pvt Ltd. (India)
• TATA Chemicals Limited (India)
• Franke Faber India Private Limited (India)
• Havells India Limited (India)
• Brita GmbH (Germany)
• A.O. Smith Corporation (U.S.)
• Unilever PLC (U.K.)
• Panasonic Corporation (Japan)
• LG Electronics (South Korea)
• 3M (U.S.)

Key Market Drivers

1. 
   

   Rising Health Awareness
   Consumers are more aware of waterborne illnesses like cholera, typhoid, and diarrhea, pushing demand for purification systems that ensure safe drinking water.

2. 
   

   Government Initiatives and Regulations
   Government schemes like ‘Jal Jeevan Mission’ and increased investment in rural water supply infrastructure are further boosting market penetration.

3. 
   

   Technological Advancements
   Innovations in   RO (Reverse Osmosis) ,   UV (Ultraviolet) , and   UF (Ultrafiltration)   technologies have led to smarter, more efficient, and IoT-integrated water purifiers that appeal to modern consumers.

4. 
   

   Growing Demand in Rural Areas
   As rural India continues to face water quality issues, the need for affordable and efficient purifiers is rising, supported by government and NGO outreach programs.

Market Segmentation

By Technology:

• 
  

  RO Purifiers

• 
  

  UV Purifiers

• 
  

  Gravity-Based Purifiers

• 
  

  Multi-Stage Purifiers (RO+UV+UF)

By End-User:

• 
  

  Residential

• 
  

  Commercial (Schools, Offices, Hospitals, etc.)

• 
  

  Industrial

By Sales Channel:

• 
  

  Offline Retail

• 
  

  Online (E-commerce platforms like Amazon, Flipkart)

Regional Insights

• 
  

  Urban Areas : Leading in adoption due to greater awareness and affordability.

• 
  

  Tier II & III Cities : Fastest-growing segment owing to rising income levels.

• 
  

  Rural India : Emerging market with growing opportunities due to water contamination issues and increasing government focus.

Challenges

• 
  

  High Maintenance Costs   of advanced RO purifiers.

• 
  

  Lack of Awareness   in rural and remote areas.

• 
  

  Water Wastage in RO Systems , which has led to regulatory scrutiny.

Future Outlook (2025–2032)

The India water purifier market is poised for robust growth, fueled by:

• 
  

  Expansion into rural markets.

• 
  

  Emergence of   eco-friendly and zero-waste technologies .

• 
  

  Increased adoption of   smart water purifiers   with IoT and app connectivity.

The   India water purifier market   is undergoing a transformation as health concerns, technological advancements, and government initiatives converge. With increasing consumer demand and innovation, the market is set to grow significantly through 2032, playing a vital role in improving public health across the country.

The rise in water-borne diseases caused by pathogens such as bacteria, viruses, protozoa, algae, and parasitic worms has intensified public concern over health and hygiene. Drinking water contaminated with these microorganisms can lead to serious illnesses, including diarrhea, cholera, typhoid, and lead poisoning. According to the World Health Organization (WHO), approximately 1.5 million deaths occur globally each year due to water-related diseases, highlighting the urgent need for access to safe and purified drinking water.

Information Source:  https://www.fortunebusinessinsights.com/india-water-purifier-market-113101

KEY INDUSTRY DEVELOPMENTS

• July 2024 -  A.O. Smith Corporation signed an agreement for the acquisition of Pureit from Unilever for approximately  USD 120 million in cash. The acquisition is expected to be completed by the end of 2024.

• July 2022 -  Brita GmbH selected sustainable Styrenics solutions - Terluran ECO, Styrolution PS ECO, and NAS ECO materials for its water filter jugs’ portfolio. The move is expected to enable the company to reduce its carbon footprint significantly.

According to Fortune Business Insights, The global   synthetic leather market   size is expected to display robust growth during the forecast period of 2025-2032. Synthetic leather is a type of leather produced from artificial sources and has gained significant traction among eco-conscious customers. There are several uses of this leather, such as in car seats, armrests, and headrests. The increasing adoption of synthetic leather due to its high durability and easy usage will drive the market growth.

The furniture and upholstery industry is a major driver of the synthetic leather market. Widely used for upholstering items such as sofas, chairs, recliners, and ottomans, synthetic leather provides the aesthetic and tactile appeal of real leather at a lower cost and with less upkeep. Additionally, rising awareness around animal welfare has led to a growing preference for cruelty-free materials. As an animal-friendly option, synthetic leather is seeing increased adoption, further fueling market growth.

Fortune Business Insights presents this information in a report titled " Synthetic Leather   Market,   2025-2032 ."

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Major Players Profiled in the Report:

• Kuraray Co. Ltd.
• H.R. Polycoats Pvt. Ltd.
• Alfatex Italia SRL
• Filwel Co., Ltd.
• Yantai Wanhua Synthetic Leather Group Co. Ltd.
• Jasch Industries Limited
• Responsive Industries Ltd.
• San Fang Chemical Industry Co. Ltd.
• Mayur Uniquoters Limited
• Nan Ya Plastics Corporation
• Teijin Cordley Limited

Segments:

By type, the market is divided into Polyvinyl Chloride (PVC)-based, Polyurethane (PU)-based, and bio-based.

By end-use, the market is segregated into footwear, furnishing, automotive, textile, and others.

With respect to geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:
The report has conducted a detailed analysis of the market and focused on several critical aspects, such as leading types, end-uses, and top market players. It has also highlighted the most recent market trends and the key developments in the industry. In addition to the factors mentioned above, the report delves into several other factors that have helped the market grow.

The growing demand for bags, wallets, and garments—driven by synthetic leather’s affordability and superior durability—is significantly contributing to market expansion. Ongoing advancements in manufacturing techniques have enhanced the material’s strength, appearance, and overall quality, further accelerating its adoption. Additionally, synthetic leather is widely used in travel bags, suitcases, and other luggage products due to its lightweight nature and resistance to wear and tear, making it an ideal choice for travel-related applications and further propelling market growth.

Share of Major Countries in Global Leather Production

• China - 25%
• India – 6.4%
• Brazil – 9.5%
• Russia – 7.0%
• Africa - 6%

Drivers:

Strong Growth of Automotive Sector to Fuel Market Progress

The automotive industry has witnessed tremendous growth in recent years owing to the rising annual sales of vehicles in both developed and developing countries. This factor has increased the demand for attractive interiors to enhance the overall aesthetic appeal of the car. Synthetic leather is being widely used in these interiors, such as door panels, seats, covers for gear shift, and steering wheels. Since this type of leather gives the overall feel and look of real leather, its demand will rise across the automotive sector.

Regional Insights

Asia Pacific Dominates Global Market Due to High Use in India and China

Asia Pacific is dominating the synthetic leather market share as this material is being widely used in countries, such as India and China.

Moreover, countries across North America, such as the U.S. are also playing a significant role in the regional market’s progress as the country manufactures the largest number of vehicles every year.

Information Source:  https://www.fortunebusinessinsights.com/synthetic-leather-market-108674

Competitive Landscape

Key Players to Focus On New Product Launches to Maintain Dominance

Some of the top companies operating in this market include Kuraray Co. Ltd., Alfatex Italia SRL, H.R. Polycoats Pvt. Ltd., Yantai Wanhua Synthetic Leather Group Co. Ltd., Filwel Co. Ltd., Responsive Industries Ltd., and Jasch Industries Ltd., among many others. These market players are focusing on the launch of new products to expand their existing range and maintain their dominance.

Key Industry Development

• April 2023 -  General Silicones, a Taiwanese company, announced the launch of vegan synthetic leather with customizable fabric lining used in bags and shoes.
• June 2022 -  Kuraray Co., Ltd. announced CLARINO, an artificial leather product that Lenovo Japan has chosen for its ThinkPad Z13 laptop computer series. This product is used in the Lenovo laptop computer series for the first time.

According to Fortune Business Insights, The global   blended cement market  was valued at USD 371.2 billion in 2024 and is projected to reach USD 500.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period from 2025 to 2032. In 2024, the Asia Pacific region emerged as the dominant market, accounting for a substantial 70.85% share of the global blended cement market.

Blended cement is a sustainable alternative to traditional cement, in which a portion of the Portland cement clinker is substituted with supplementary materials such as fly ash, slag, silica fume, or calcined clay. This composition enhances the durability, workability, and chemical resistance of the cement, while also optimizing the use of raw materials. One of the primary factors driving its demand is the construction industry's growing commitment to reducing carbon emissions and promoting environmentally friendly building practices. As sustainable construction gains momentum worldwide, the market for blended cement is projected to witness significant growth in the coming years. Governments and private sectors alike are prioritizing green building practices, thus propelling demand.

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List of Key Blended Cement Companies Profiled

• HOLCIM (Switzerland)
• UltraTech Cement Ltd. (India)
• Cemex S.A.B DE C.V. (Mexico)
• Heidelberg Materials (U.S.)
• TAIHEIYO CEMENT CORPORATION (Japan)
• JSW Cement (India)
• Dalmia Bharat Limited (India)
• Anhui Conch Cement Co., Ltd. (China)
• Martin Marietta Materials (U.S.)
• Votorantim Cimentos (Brazil)

Key Market Drivers

1.   Environmental Sustainability

Blended cement significantly reduces greenhouse gas emissions during production. By using industrial byproducts like fly ash or slag, it helps lower the demand for clinker, which is the most energy-intensive part of cement manufacturing.

2.   Government Regulations

Several governments have implemented stringent policies to cut down CO₂ emissions, particularly in the construction industry. This has encouraged the adoption of environmentally friendly cement blends.

3.   Cost Efficiency

Blended cement not only reduces carbon emissions but also lowers the overall cost of construction materials. It offers better workability and durability, which can reduce maintenance expenses over time.

4.   Rapid Urbanization and Infrastructure Growth

Developing countries are investing heavily in infrastructure projects such as highways, bridges, commercial complexes, and housing. This fuels the demand for high-performance and cost-effective cement solutions.

Market Segmentation

By Type:

• Fly Ash-Based
• Slag-Based
• Silica Fume-Based
• Others (Natural Pozzolans)

By Application:

• Residential Construction
• Commercial Construction
• Infrastructure
• Industrial Projects

By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Regional Insights

Asia-Pacific:

Asia-Pacific dominates the blended cement market due to rapid infrastructure development in countries like China, India, and Indonesia. Government initiatives such as "Smart Cities" and affordable housing schemes are accelerating market growth.

Europe:

Europe is at the forefront of sustainability and green construction initiatives, making it a strong adopter of blended cement technologies.

North America:

The U.S. market is driven by reconstruction activities, increasing environmental consciousness, and innovations in construction technology.

Challenges

• Variability in Raw Material Quality
• Lack of Awareness in Certain Markets
• Resistance from Traditional Builders

Opportunities

• 
  

  Increasing demand for   green buildings

• 
  

  Growing use in   marine and infrastructure projects

• 
  

  Technological advancements enabling   customized blends

The blended cement market is poised for robust growth, driven by the dual need for sustainable construction practices and cost-effective building solutions. With increasing global emphasis on reducing the carbon footprint of infrastructure, blended cement offers a practical and impactful solution. Players in the industry must continue to innovate and educate the market to unlock its full potential.

The global blended cement market analysis offers comprehensive insights into market size and growth forecasts across all key segments included in the report. It provides an in-depth examination of market dynamics, including drivers, restraints, and emerging trends expected to influence the market throughout the forecast period. The report also presents regional and country-level analyses, highlighting developments in key markets, along with details on new product launches, strategic partnerships, and mergers & acquisitions. Additionally, it features a thorough competitive landscape, including market share analysis and detailed profiles of leading industry players.

Information Source:  https://www.fortunebusinessinsights.com/blended-cement-market-113035

KEY INDUSTRY DEVELOPMENTS

• March 2025:  Heidelberg Materials has announced that it will be commissioning an MVR vertical roller mill of the type MVR 5000 C-4 from Gebr Pfeiffer at its existing plant in Airvault, France. The mill will grind and produce ultra-fine Portland cement that will be used in blended cement and other products.

•   February 2025:  UltraTech commissioned an additional 0.6 Million Tons Per Annum (MTPA) capacity at its existing plant in West Bengal, India. The move is part of the company’s plan to meet the rising demand for cement.