Category: Business
According to Fortune Business Insights, The global white oil market size was valued at USD 2.88 billion in 2022 and is projected to grow from USD 2.43 billion in 2023 to USD 3.26 billion by 2030, exhibiting a CAGR of 4.3% during the forecast period. Asia Pacific dominated the white oil market with a market share of 59.37% in 2022.
White oil is a complex mixture of hydrocarbons refined intensively from mineral oils. These mineral oils primarily consist of paraffin. They are highly pure, have low toxicity, and possess chemical stability, making them an ideal choice for industries such as personal care, pharmaceuticals, and food. Given that products from these industries come into contact with human skin or are ingested, mineral oils with high purity find widespread use. White oil is a complex mix of various hydrocarbons derived from refining mineral oil. These high-purity oils, with low toxins and chemical stability, find suitability across pharmaceuticals, personal care, and food industries. The broad applications and increased awareness of its benefits are projected to fuel market growth.
Fortune Business Insights™ displays this information in a report titled, "White Oil Market, 2025-2032."
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List of Key Companies Profiled In the Report:
- Exxon Mobil Corporation (U.S.)
- Bharat Petroleum Corporation Limited (India)
- Calumet Refining, LLC (U.S.)
- Petro‐Canada Lubricants LLC (Canada)
- RENKERT OIL (U.S.)
- Repsol (Spain)
- A. White Oil Company (U.S.)
- Sasol (South Africa)
- Shell plc (U.K.)
- TotalEnergies (France)
Segmentation:
Use of Pharmaceutical-Grade White Oil to Rise Due to Its Wide-Ranging Applications
Based on grade, the market is categorized into pharmaceutical and technical. The pharmaceutical segment dominated the white oil market share in 2022 and is anticipated to continue its dominance till 2030. The segment’s growth is attributed to the several applications of this type of oil in personal care, cosmetics, and pharmaceuticals.
Personal Care & Cosmetics Industries to Widely Use White Oil Due to Rising Demand for Personal Grooming Products
Based on end-use industry, the market is segmented into pharmaceutical, personal care & cosmetics, food & beverages, textile, plastic & polymer, and others. The personal care & cosmetics segment captured the largest market share in 2022 and is estimated to dominate due to the growing demand for personal grooming products, such as skincare, personal care, and cosmetic items.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The report has conducted an in-depth analysis of the market and focused on key aspects, such as leading product grades, end-use industries, and prominent market players. It also provides important insights into the latest market trends and top industry developments. In addition to the factors mentioned above, the report covers many other factors that have contributed to the market’s progress.
Drivers and Restraints:
Rising Product Use in Pharma Industry to Accelerate Market Expansion
The demand for white oil is increasing in the pharmaceutical industry as it is a major ingredient in many medications and formulations due to its stable, safe, and non-irritation properties. This oil is used in several ointments, oral medicines, lotions, and creams to boost the drug’s solubility, offer lubrication, and improve the efficacy of medicinal products. These factors are expected to fuel the product demand in the pharmaceutical industry, thereby positively influencing the market progress.
However, price fluctuations in raw materials such as crude oil may hinder white oil market growth.
Regional Insights:
Asia Pacific to Dominate Global Market Due to Rapid Expansion of Cosmetics Industry
Asia Pacific is expected to dominate the global market as the region is witnessing robust growth in its personal care and cosmetics industry due to factors such as large-scale urbanization and a growing middle-class population.
North America is also predicted to showcase steady growth due to the notable expansion of the region’s personal care and cosmetics industry.
Information Source: https://www.fortunebusinessinsights.com/white-oil-market-108783
Competitive Landscape:
Leading Market Players to Implement Business Expansion Strategies to Increase Presence
Some of the top market players are formulating a wide range of business expansion strategies to increase their presence and customer base. Some of the key areas where these companies compete include product quality, price, and service. They also focus on expanding their business by developing specialized products for niche applications.
The research report provides a detailed analysis of the market and focuses on crucial aspects, such as leading companies, applications, and products. It also offers insights into the key white oil market trends and highlights vital industry developments. In addition, the report encompasses various factors that have contributed to the growth of the market in recent years.
According to Fortune Business Insights, The global optical coating market size was valued at USD 15.38 billion in 2023 and is projected to grow from USD 16.66 billion in 2024 to USD 30.62 billion by 2032, exhibiting a CAGR of 8.0% during the forecast period. Asia Pacific dominated the optical coatings market with a market share of 47.53% in 2023. Moreover, the optical coatings market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 3.37 billion by 2032, driven by the rising usage of optical coating in the automotive industry.
The rising footfall of thin-film optical coatings across military equipment, semiconductor technologies, solar energy and scientific equipment will augur well for the industry outlook. Technological advancements and rising demand for powerful optical products will drive market growth in the ensuing period.
Major Players Profiled in the Report:
- Jenoptik (Germany)
- SCHOTT (Germany)
- Optimax Systems, Inc. (U.S.)
- Surface Optics Corporation (U.S.)
- GELEST, INC. (U.S.)
- Materion Corporation (U.S.)
- VAMPIRE OPTICAL COATING (U.S.)
- Reynard Corporation (U.S.)
- VIAVI Solutions Inc. (U.S.)
- PPG Industries, Inc. (U.S.)
- DuPont (U.S.)
- ZEISS International (Germany)
- Nippon Electric Glass Co., Ltd. (Japan)
- Newport Corporation (U.S.)
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Segments
In terms of type, the market is segmented into filter coatings, reflective coatings, anti-reflective coatings, electrochromic coatings, conductive coatings, and others.
Based on the end-use industry, the industry is segregated into telecommunication, consumer electronics, medical, aerospace & defense, transportation, and others.
As per region, the market covers Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage
The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has also delved into Porters’ Five Force Analysis SWOT analysis. Quantitative and qualitative assessments have been used to provide a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.
Drivers and Restraints
Bullish Demand from Telecommunication Sector to Spur Industry Growth
With a surge in optical fiber networks expansion across developing economies, the optical coatings market share could witness an upward trajectory. Optical elements have become sought-after to boost commercial revenue and reduce costs. The rising efficiency standards of thin-film optical filters will redefine the global landscape. Moreover, the rising footfall of anti-reflection coatings will bolster the investment outlook. Considering the application of optical coatings in automotive glazing for versatility, leading companies are poised to inject funds into the landscape.
Meanwhile, the adoption of the evaporation deposition process could lead to systematic failure, thereby impeding the industry growth.
Regional Insights
Asia Pacific to Provide Compelling Opportunities with Investments in Consumer Electronics
Stakeholders project Asia Pacific as a lucrative region in the wake of surging demand for consumer electronics, including cameras, cell phones, laptops, LED TVs, and cameras. Moreover, the rising footprint of video game consoles and personal computers has added fillip to the regional market growth. Asia Pacific market size garnered USD 6.04 billion in 2021 and will witness a similar trend with the rising popularity of consumer electronics.
The North America optical coatings market growth will witness a noticeable gain due to the demand for environment-friendly coatings in semiconductor and sensor applications. Additionally, rising investments from military and defense sectors will propel the demand for beam attenuators, vision cameras, and range finding. Furthermore, the rising footfall of laser systems and aerospace applications will augur well for the industry outlook.
Industry players envisage Europe as a favorable investment region, largely due to increasing privatization, liberalization and competition in the telecommunication sector. Following the application of optical coating solutions in automobile displays, car windows and headlamps, the U.K., France, Germany and Italy could witness investments galore in the ensuing period.
Information Source: https://www.fortunebusinessinsights.com/optical-coatings-market-102138
Competitive Landscape
Stakeholders Focus on Mergers & Acquisitions to Tap into Markets
Leading companies are slated to inject funds into organic and inorganic strategies, including technological advancements, mergers & acquisitions, product rollouts and R&D activities. Moreover, focusing on product offerings could foster a geographical footprint over the next few years.
Key Industry Development
- June 2021 – Jenoptik announced plans to increase its manufacturing capacities and invest in a new office complex at its Dresden, Germany in response to rising demand for sensors for the semiconductor sector and optics.
- March 2021 – Surface Optics Corporation was awarded a Phase II NAVAIR Small Business Innovation Research (SBIR) contract to develop antireflection coatings for aerodynamic missile domes.
Nutraceutical Packaging Market Industry Size, Revenue Share & Dynamics 2025-2032
By ameliasss, 2025-07-01
According to Fortune Business Insights, The global nutraceutical packaging market size was valued at USD 3.90 billion in 2023 and is projected to be worth USD 4.08 billion in 2024 and reach USD 6.24 billion by 2032, exhibiting a CAGR of 5.45% during the forecast period. Moreover, the nutraceutical packaging market in the U.S. is set for steady expansion, reaching USD 1.79 billion by 2032. The rising consumer preference for health supplements and functional foods is fueling the demand for innovative and sustainable packaging solutions. Asia Pacific dominated the nutraceutical packaging market with a market share of 47.69% in 2023.
The rising emphasis on eco-friendly packaging is set to drive the product demand, propelling industry expansion. The use of nutraceutical packaging helps enhance resistance to oxidation and offers protection against contamination.
Fortune Business Insights™ provides this information in its research report, titled “Nutraceutical Packaging Market, 2025-2032”.
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List of Key Players Mentioned in the Report:
- Avient Corporation (U.S.)
- Glenroy, Inc. (U.S.)
- Maco Pkg (U.S.)
- JohnsByrne (U.S.)
- NuEra Nutraceuticals Inc. (Canada)
- MOD-PAC Corp (U.S.)
- Hughes Enterprises (U.S.)
- Amgraph Packaging (U.S.)
- Elis Packaging Solutions, Inc. (U.S.)
- MRP Solutions (U.S.)
Segmentation:
Plastic Segment Accounts for Prominent Share Owing to Rising Product Usage for Making Jars and Bottles
Based on material, the market for nutraceutical packaging is fragmented into metal, plastic, glass, and paper and paperboard. The plastic segment holds a dominant share in the market. This can be attributed to the increasing adoption of various plastic resins for making pouches, jars, and bottles.
Bottles Segment Holds Dominating Share Due to Increasing Product Deployment for Packaging Soft Gels and Pills
By packaging type, the market for nutraceutical packaging is divided into cans & jars, bottles, bags & pouches, and others. The bottles segment leads the market. This is due to the extensive usage of bottles for packaging soft gels, supplements, pills, gummies, capsules, and other products.
Online Retail Stores Segment Records Major Share Impelled by Easy Accessibility and Other Benefits
Based on distribution channel, the market is subdivided into supermarkets & hypermarkets, drug stores & pharmacies, specialty stores, online retail stores, and others. The online retail stores segment holds a dominating share in the market. This is due to an array of benefits provided by online retail stores such as easy accessibility, home delivery services, higher discounts, and affordability.
Based on geography, the market for nutraceutical packaging has been studied across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Report Coverage:
The report gives an overview of the latest industry trends. It also presents an analysis of the market on the basis of various segments. The market has been studied on the basis of material, packaging type, distribution channel, and geography. The key factors driving the global business landscape have also been presented in the report.
Drivers and Restraints:
Mounting Dietary Supplement Demand to Propel Industry Growth
The increasing demand for nutraceutical products and dietary supplements is driving the nutraceutical packaging market growth. Additional factor favoring industry expansion is the rise in online shopping and e-commerce.
Nevertheless, the industry expansion could be hindered due to the high cost associated with these packaging solutions.
Regional Insights:
North America Holds Dominant Position Owing to Increasing Health Awareness
North America leads the global market. The dominance is due to the growing health awareness in the region.
Europe nutraceutical packaging market share accounts for a significant position in the global market. This is driven by the growing consumption of nutritional supplements and increasing focus on health & fitness.
Information Source: https://www.fortunebusinessinsights.com/nutraceutical-packaging-market-108091
Competitive Landscape:
Major Companies Deploy New Strategies to Sustain Market Competition
Leading companies design and adopt new strategies for strengthening their positions in the global market. Some of these steps comprise merger agreements, partnerships, and the launch of new businesses. Companies are adopting these initiatives to gain an edge over competitors.
Key Industry Development:
- June 2024 – The Keystone Folding Box, a specialist in cardboard packaging, launched a paperboard blister for medical tablets under the Push-Pak brand. The solution's simple push-open system eliminates the need for complicated opening instructions and features a recessed, more efficient push-up layout that reduces package size.
- April 2024 – Berry Global launched two lightweight packages for the protein powder market. The cabin design uses less material than previous models. The combination of the new design and the reduction of cabin air makes the company stand out. The new packaging is part of B Berry's comprehensive product and packaging solutions, which use engineering expertise and proprietary cell technology to reduce the environmental impact of its products.
Pet Food Packaging Market Size and Competitive Outlook for Stakeholders 2025-2032
By ameliasss, 2025-06-27
The global pet food packaging market size was valued at USD 11.38 billion in 2024. The market is projected to grow from USD 12.05 billion in 2025 to USD 18.48 billion by 2032, exhibiting a CAGR of 6.30% during the forecast period.
Packaging has a crucial role in the pet food industry as a protection against aroma loss and a barrier against external factors, including moisture, oxygen, and light. The rising demand for customized printing and graphic printing to attract pet owners is boosting market growth. As a barrier against external influences such as light, moisture, and oxygen, and protection against aroma loss, packaging plays a vital role in the pet food industry. Dogs, in particular, can use their keen sense of smell to detect changes in food aroma and reject their food long before people notice the spoilage.
Fortune Business Insights™ provides this information in its research report, titled “Pet Food Packaging Market, 2025-2032”.
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List of Key Players Mentioned in the Report:
- Amcor plc (Switzerland)
- Mondi (U.K.)
- Berry Global (U.S.)
- Huhtamaki (Finland)
- Sonoco Products Company (U.S.)
- Crown (U.S.)
- Transcontinental Inc. (Canada)
- Silgan Holdings Inc. (U.S.)
- Winpak (Canada)
- Sealed Air (U.S.)
- American Packaging Corporation (U.S.)
- Constantia Flexibles (Austria)
- ProAmpac (U.S.)
Segmentation:
Plastic Packaging Leads Market with Superior Durability and Preservation Qualities
In terms of material, the market is divided into metal, plastic, and paper & paperboard. Plastic holds the prominent position favored by its high durability and resistance to oxygen, air, dust, and moisture, effectively preserving the organoleptic properties of the packaged food.
Less Messy Nature of Dry Food to Stimulate Segment Expansion
On the basis of food type, the market is segregated into pet treats, wet food, and dry food. The dry food segment accounts for the major pet food packaging market share as dry food does not possess a strong odor, takes considerably less cleanup time, and is less messy.
Bags & Pouches Segment Dominates Due to Durable Attribute
With respect to product type, the market is classified into jars & containers, boxes & cartons, bags & pouches, cans, and others. The bags & pouches segment registers the largest share as bags & pouches can be easily transported and have a durable nature.
More Active Nature of Dogs to Accelerate Segment Expansion
By pet type, the market is categorized into fish, cat, dog, and others. The dog segment captures the largest market share as dogs offer protection to owners, are more active, and can be trained more.
On the regional front, the market is segmented into the Asia Pacific, Europe , the Middle East & Africa, North America, and Latin America.
Report Coverage
The report provides a comprehensive coverage of the key driving and restraining factors impacting the market growth. In addition, it highlights the latest trends, the COVID-19 pandemic impact, and notable industry developments. Besides this, the report offers vital insights into the strategic initiatives undertaken by market leaders to stand out from the competition.
Drivers and Restraints:
Surging Innovation and the Usage of Smart Packaging in the Pet Food Industry to Fuel Market Growth
Intelligent packaging solutions, including freshness indicators, QR codes, and RFID tags are being deployed increasingly in a frequent manner. Through these technologies, pet owners can access real-time product information with expiration dates, feeding recommendations, and nutritional updates. Thus, these factors are boosting the pet food packaging market growth.
However, issues can be presented by manufacturing packaging products, including containers, bags, and pouches with high barriers, specifically for wet food with renewable sources.
Regional Insights:
Europe Dominates Due to Consistent Surge in Geriatric Population
Europe secures the largest pet food packaging market share. The consistent rise in the geriatric population has resulted in an increase in the number of pet adoptions to enhance the physical and mental health of the pet owner.
Asia Pacific’s market for pet food packaging is witnessing the fastest growth due to the rising younger population.
Competitive Landscape:
Key Companies Leverage Product Innovation Strategies to Broaden Their Portfolio
Berry Global, Sonoco Products Company, Amcor, Huhtamaki, and Sealed Air are some of the prominent companies in the pet food packaging market. Different strategic moves are being adopted by top companies to keep ahead of the competition. Many companies are focusing on innovative pet food packaging solutions for the expansion of their portfolios.
Information Source: https://www.fortunebusinessinsights.com/pet-food-packaging-market-108345
Key Industry Development:
August 2023 - Mondi collaborated with Fressnapf, one of the leaders for pet supplies, to shift their packaging for dry pet food to a new range of premium mono-material recyclable solutions manufactured by Mondi named FlexiBag Recyclable, Recyclable StandUp Pouches, and BarrierPack Recyclable. The mono-material packaging solutions offer strong barrier properties, protecting fat, moisture, and odor, and they are strong and flexible enough to pack and store.
May 2023 - Berry Global, ExxonMobil, and Peel Plastic Products Ltd. collaborated to incorporate International Sustainability and Carbon Certificate (ISCC) PLUS certified-circular plastics into pet food packaging. The collaboration includes advanced recycling technologies from ExxonMobil, which processes plastic waste and attributes it to new plastic for food-grade packaging.
According to Fortune Business Insights, The global eco fiber market size was USD 56.81 billion in 2023 and is projected to grow from USD 61.78 billion in 2024 to USD 120.99 billion by 2032 at a CAGR of 8.8% during the forecast period. The rising application of fiber in several industries and strong demand for sustainable fibers are expected to fuel the market growth.
Eco-friendly fiber is a sustainable fiber resistant to mildew, molds, and eliminates the adoption of chemicals and pesticides. The rising adoption of fiber in commercial, home, and apparels applications is expected to boost the adoption of the product. Furthermore, the rising demand for sustainable fibers leads to the adoption of environment-friendly techniques to manufacture effective fibers. Moreover, textile manufacturers invest heavily in developing natural and environment-friendly fibers to eliminate the issue of waste fabrics. These factors are expected to foster the market development in the coming years.
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List of Key Players Profiled in the Market Report
- Lenzing AG (Austria)
- US Fibers (U.S.)
- Polyfibre Industries (India)
- Grasim Industries Ltd. (India)
- Shanghai Tenbro Bamboo Textile Co. Ltd. (China)
- China Bambro Textile (Group) Co., Ltd. (China)
- Pilipinas Ecofiber Corporation (Philippines)
- Teijin Limited (Japan)
- Foss Performance Materials (U.S.)
- David C. Poole Company, Inc. (U.S.)
Segments
Type, Application, and Region are Studied
By type, the market is segmented into regenerated fibers, recycled fibers, organic fibers, and others. Based on application, it is classified into medical, industrial, household & furnishing, clothing/textile, and others. Geographically, it is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
Drivers and Restraints
Robust Demand for Sustainable Fibers from Emerging Economies to Boost Market Development
The rapid development of the medical, automotive, and textile/apparel industries is expected to boost the demand for eco-friendly fibers. The rapid adoption of sustainable fabrics from emerging economies is expected to boost its adoption. The rising disposable incomes and evolving buying preferences lead to the adoption of high-quality products and goods. Furthermore, the rising adoption of the fabric from interior designing, covering, and furnishing is expected to boost market development. Moreover, its rapid adoption in the medical industry to develop surgical masks, beddings, surgical uniforms, and others may boost the fiber’s sales. These factors may propel the eco-fiber market growth.
However, the high prices of fiber may hinder the market’s progress.
Regional Insights
Robust Demand for Eco-Fiber from Industrial Sector to Boost Market Growth in Asia Pacific
Asia Pacific is projected to dominate the eco-fiber market share due to the rising demand for fabric from the industrial and clothing sectors. The market in Asia Pacific stood at USD 17.27 billion in 2020 and is expected to gain a considerable share in the coming years. Furthermore, the rising adoption of the product from the construction, automotive, and textile industries may propel the market growth.
In North America, technological advancements in waste fiber disposal are expected to boost the product demand. In addition, rising demand for harmless disposable of fibers is expected to facilitate industry development.
In Europe, the rising production of automobiles is expected to boost the product demand. Its adoption in the production of seat covers, interiors, lining, and handle covers is expected to boost sales. These factors may boost market progress.
Competitive Landscape
Prominent Companies Launch Innovative Products to Boost Brand Image
The prominent companies operating in the market launch innovative products to boost sales and improve brand image. For example, Liva, a Birla Cellulose brand, announced its antimicrobial fibers in June 2020. It eliminates bacteria & viruses and maintains hygiene and freshness for a long time. This strategy may enable the company to boost its brand image. Further, the adoption of research and development, acquisitions, mergers, partnerships, and others may enable companies to boost their brand presence and establish a remarkable market position.
Information Source: https://www.fortunebusinessinsights.com/eco-fiber-market-106356
Industry Development
- May 2021 – The Lenzing Group successfully completed and commissioned an air purification and sulfur recycling plant at the Lenzing site. The company invested over USD 55 million where the system reduces 15,000 tons of CO 2 emissions.
- June 2020 – Liva, a brand from Birla Cellulose, part of Grasim Industries Ltd, launched antimicrobial fibers that kill viruses and bacteria and also inhibit growth keeping the fabric fresh and hygienic in the long run.
According to a report by Fortune Business Insights, titled “ Underwater Concrete Market Size, Share & Industry Analysis, By Material (Admixtures, Aggregates, Cement, Other), By Application (Hydropower, Marine, Tunnels, Swimming pools, Offshore application, Underwater repairs, Other) and Regional Forecast, 2025-2032 ” the market will benefit from the presence of several large scale companies across the world. The global underwater concrete market will derive growth from the increasing product applications across diverse underwater applications. The increasing research and development activities associated with the product will emerge in favor of market growth.
Increase in marine construction activities like dock structures, bulk terminals, wind farms, oil platforms, submarine pipelines, bridges, and other marine infrastructure shall foster the industry growth. The increasing spending of governments to increase the operational efficiency and capacity expansion of ports is expected to drive the market. For instance, as 90% of the trade activities of India are carried out by maritime route, there is always need of developing ports and related infrastructure.
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List of companies profiled in the report:
- Cemex
- Heidelberg Cement
- Sika
- Conmix
- Five Star Product
The recent coronavirus outbreak has had a massive impact on several economies across the globe. Due to the rapid spread of the disease, several countries are looking to implement strict measures with a view to controlling the spread of the disease. The strict measures have affected several businesses in the underwater cement sector. The recent coronavirus outbreak has encouraged manufacturers in this sector to invest massive upfront capitals towards the integration of advanced concepts to recover the economic losses during the past few months.
Underwater concrete is used for building and construction activities as well as other infrastructures that are constantly in contact with water. The special type of concrete finds applications across diverse industry verticals; a factor why this market is growing at a considerable pace in the past few years. The properties of underwater concretes such as high durability and high strength by maintaining its hydrophobic properties at the same time, will fuel the demand for the product across the world. The presence of several largescale companies will emerge in favor of growth of the global underwater concrete market in the foreseeable future. Despite the fluctuations in raw material prices, the market will rise considerably driven by the rising applications and subsequently increasing demand for the product across the world.
Increasing Number of Company Mergers and Acquisitions will Emerge in Favor of Market Growth
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for the product, there is a healthy market competition across the world. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. In September 2019, Heidelberg Cement announced that it has completed the acquisition of Elementia S.A.B. Through this acquisition, the company will gain access to the latter’s exceptional portfolio of underwater cement. This acquisition will not just benefit the company but will also have a direct impact on the growth of the overall underwater cement market in the foreseeable future.
North America to Emerge Dominant; Rising Product Demand to Create Several Opportunities for Market Growth
The report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in North America is projected to emerge dominant in the coming years. The rising marine engineering industry, especially in the United States, will have a massive impact on the growth of the regional market. The presence of several large scale local as well as global manufacturers based on this region will have a positive impact on the growth of the regional market. The market in Asia Pacific is projected to rise at the highest CAGR driven by the rising investments in product R&D by large scale companies across this region.
Information Source: https://www.fortunebusinessinsights.com/underwater-concrete-market-102960
Industry Developments:
- In September 2019, Heidelberg Cement acquired Keystone Cement plant of Giant cement, a subsidiary of Elementia S.A.B. strengthening its foothold in North America.
- In December 2018 , Conmix Set up its new blender for the admixture manufacturing in the Sharjah plant to speed up its production.
According to a report by Fortune Business Insights, titled “ Underwater Concrete Market Size, Share & Industry Analysis, By Material (Admixtures, Aggregates, Cement, Other), By Application (Hydropower, Marine, Tunnels, Swimming pools, Offshore application, Underwater repairs, Other) and Regional Forecast, 2025-2032 ” the market will benefit from the presence of several large scale companies across the world. The global underwater concrete market will derive growth from the increasing product applications across diverse underwater applications. The increasing research and development activities associated with the product will emerge in favor of market growth.
Increase in marine construction activities like dock structures, bulk terminals, wind farms, oil platforms, submarine pipelines, bridges, and other marine infrastructure shall foster the industry growth. The increasing spending of governments to increase the operational efficiency and capacity expansion of ports is expected to drive the market. For instance, as 90% of the trade activities of India are carried out by maritime route, there is always need of developing ports and related infrastructure.
Request Free Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/underwater-concrete-market-102960
List of companies profiled in the report:
- Cemex
- Heidelberg Cement
- Sika
- Conmix
- Five Star Product
The recent coronavirus outbreak has had a massive impact on several economies across the globe. Due to the rapid spread of the disease, several countries are looking to implement strict measures with a view to controlling the spread of the disease. The strict measures have affected several businesses in the underwater cement sector. The recent coronavirus outbreak has encouraged manufacturers in this sector to invest massive upfront capitals towards the integration of advanced concepts to recover the economic losses during the past few months.
Underwater concrete is used for building and construction activities as well as other infrastructures that are constantly in contact with water. The special type of concrete finds applications across diverse industry verticals; a factor why this market is growing at a considerable pace in the past few years. The properties of underwater concretes such as high durability and high strength by maintaining its hydrophobic properties at the same time, will fuel the demand for the product across the world. The presence of several largescale companies will emerge in favor of growth of the global underwater concrete market in the foreseeable future. Despite the fluctuations in raw material prices, the market will rise considerably driven by the rising applications and subsequently increasing demand for the product across the world.
Increasing Number of Company Mergers and Acquisitions will Emerge in Favor of Market Growth
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for the product, there is a healthy market competition across the world. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. In September 2019, Heidelberg Cement announced that it has completed the acquisition of Elementia S.A.B. Through this acquisition, the company will gain access to the latter’s exceptional portfolio of underwater cement. This acquisition will not just benefit the company but will also have a direct impact on the growth of the overall underwater cement market in the foreseeable future.
North America to Emerge Dominant; Rising Product Demand to Create Several Opportunities for Market Growth
The report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in North America is projected to emerge dominant in the coming years. The rising marine engineering industry, especially in the United States, will have a massive impact on the growth of the regional market. The presence of several large scale local as well as global manufacturers based on this region will have a positive impact on the growth of the regional market. The market in Asia Pacific is projected to rise at the highest CAGR driven by the rising investments in product R&D by large scale companies across this region.
Information Source: https://www.fortunebusinessinsights.com/underwater-concrete-market-102960
Industry Developments:
- In September 2019, Heidelberg Cement acquired Keystone Cement plant of Giant cement, a subsidiary of Elementia S.A.B. strengthening its foothold in North America.
- In December 2018 , Conmix Set up its new blender for the admixture manufacturing in the Sharjah plant to speed up its production.
According to Fortune Business Insights, The global folding cartons market size was valued at USD 169.42 billion in 2023 and is projected to grow from USD 176.99 billion in 2024 to USD 266.43 billion by 2032, exhibiting a CAGR of 5.25% during the forecast period. Europe dominated the folding cartons market with a market share of 39.3% in 2023. Folding cartons are boxes or box sleeves made from single ply paperboard or corrugated cardboard. Advantages of folding cartons such as their cost effectiveness and environment-friendly nature are contributing toward market proliferation. Their widespread application in end-use industries such as cosmetics, packaging foods, electronics, pharmaceutical products and others is also driving market expansion in the coming years.
Folding cartons are one of the most popular types of product packaging and are used extensively to ship anything. They are utilized in packaging foods, cosmetics, electronics, pharmaceutical products, and many others. They are boxes or box sleeves made of either corrugated cardboard or single-ply paperboard and are designed with a particular machine that cuts, creases, glues, and scores the box material to produce the desired size and shape.
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List of Key Players Mentioned in the Report:
- Westrock Company (Australia)
- Amcor Limited (Australia)
- Huhtamaki Oyj (Finland)
- Graphic Packaging International (U.S.)
- Mayr-MelnhofKarton AG (Austria)
- Stora Enso Oyj (Finland)
- Rengo Co., Ltd. (Japan)
- Oji Holdings Corporation (Japan)
- Smurfit Kappa Group (Ireland)
- Seaboard Folding Box Company Inc. (U.S.)
- Bell Incorporated (U.S.)
- Schur Pack Germany GmbH (Germany)
- Georgia-Pacific LLC (U.S.)
- DS Smith Plc (U.K.)
Segments:
Paper Segment to Lead Backed by its Recyclable Nature and Large Printable Area
As per material, the market is segmented into paper and plastic. Among these, the paper segment is likely to dominate as it is more environment-friendly and easy to recycle. Paper cartons are easy to open and re-close and have a large printable area, which will contribute to segment expansion as well.
Food & Beverages Segment to Dominate Stoked by Growing Consumption of Ready to Eat and Convenience Foods
According to end-use industry, the market is split into food & beverages, pharmaceuticals, personal care & cosmetics, electrical & electronics, tobacco, and others. Among these, the food & beverages segment captured a significant folding cartons market share. Rising consumption of convenience foods and ready-to-eat products is elevating product demand. Changes in consumer lifestyle and buying behavior and growing working women will contribute to the growth of the segment.
Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The report entails in-depth insights into drivers, challenges, opportunities, and threats affecting market dynamics over the forecast period. The market is studied at both micro and macro levels by dividing it into segments and regions. Market share, growth rate, sales amassed, profit margins, and valuation of each segment and region are also studied. Latest updates regarding mergers & acquisitions, collaborations, partnerships, and agreements are also documented.
Drivers and Restraints:
Widespread Application by End-use Industries to Boost Market Proliferation
Benefits offered by folding cartons, such as their flexibility, excellent printability, and recyclable nature, have increased their usage in end-use industries. The end-user industries are using these cartons for packaging pharmaceuticals, small and medium-sized consumer goods, or food & beverage products. They can be designed in different styles and specifications to meet consumer demand, which has propelled their demand. Additionally, the ban on single use plastic will affect the market positively as consumers shift toward sustainable and eco-friendly alternatives, thus facilitating the folding cartons market growth.
On the other hand, the decline of the wood pulp market and fluctuations in wood pulp prices due to demand supply gap will act as challenges for businesses operating in this domain.
Regional Insights:
Rising Product Demand from the Food & Beverages Industry to Aid Market Proliferation in Europe
The Europe market is projected to dominate the global market owing to surging product demand from the food & beverage and personal care industries. The rising adoption of multisensory packaging folding cartons will also boost the market growth in the region.
The Asia Pacific market is slated to expand rapidly due to significant expansion of the food & beverage, cosmetics, and other industries.
The North American market is anticipated to grow substantially in the forthcoming years due to surge in demand for sustainable packaging solutions.
Latin America and Middle East & Africa regions are expected to showcase steady growth due to growing product adoption owing to the product’s widespread advantages and changing consumer buying behaviors.
Information Source: https://www.fortunebusinessinsights.com/folding-cartons-market-104898
Competitive Landscape:
Expansion of Product Portfolio by Leading Players to Aid Market Expansion
Industry leaders in this domain are making strategic decisions such as collaborations, partnerships, and mergers & acquisitions to maximize the product portfolio. One such move is the launch of new products to expand product portfolio and meet ever-changing consumer demand. In November 2019, HLP Klearfold, a U.S.-based plastic packaging manufacturer, expanded its Recycled Polyethylene Terephthalate (RPET) offerings by introducing 100% Postconsumer Recycled (PCR) content plastic folding carton, Klearfold RPET100. The new product is developed to enable significant consumer product marketers and retailers to gain merchandising or marketing benefits.
Key Industry Development:
- April 2024: WestRock has teamed up with Recipe Unlimited to introduce a range of paperboard packaging that can be recycled. The aim of the partnership is to prevent 31 million plastic containers from ending up in landfills in Canada.
- May 2024: Bengaluru-based SSA Amrutha Folder Tech announced the launch of a new carton-folding machine with updated features. The SSA 0088+ machine is highly capable of producing cartons similar to those produced in imported machines. The machine is also updated with 70% new features such as belts, rollers, and pressure systems.
Hollow Fibres Membrane Market Growth Insights in Water Treatment Segment 2025–2032
By ameliasss, 2025-06-25
The global hollow fibres membrane market is expected to gain momentum from its ability to provide cost-effective solutions for filtering large volumes of water flows. This information is given by Fortune Business Insights™ in an upcoming report, titled, “ Hollow Fibres Membrane Market Size, Share & Industry Analysis, By Filtration Type (Microfiltration, Ultrafiltration), By Application (Beer & Wine, Processing Dairy Products, Sterilizing Beverages, Pharmaceuticals), By Membrane material (Polymer, Ceramics) Others and Regional Forecast, 2025-2032 .” The report further mentions that hollow fibres membranes are available in various shapes and sizes. This makes them useful for a large number of applications, such as removing pathogens from milk, treating waste water, sterilizing beverages, processing dairy products, as well as separating water and oil emulsions. Besides, they are adopted extensively by the pharmaceutical and beer & wine industries.
Presence of different shapes and sizes help these membrane to find applications in industries like as beer & wine, processing dairy products, sterilizing beverages, Pharmaceuticals, separating oil & water emulsions, treating waste water, removing pathogens from milk and others. The increase in demand for hollow fiber membranes in water & wastewater treatment is responsible to drive the growth of this market. The wastewater collected from sewers is sent to a wastewater treatment the water is reused.
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Fortune Business Insights™ provides a list of all the hollow fibres membrane manufacturers operating in the global market. They are as follows:
- Kuraray
- Polymem France
- Toray
- Koch Membranes
- Microdyn Nadir
- Pentair
- Synder Filtration, Inc.
- Toyobo
- Lenntech
- Asahi Kasei
Drivers & Restraints-
High Demand from Water & Wastewater Treatment Industry to Propel Growth
The rising demand for hollow fibres membranes from the the water & wastewater treatment industry is one of the major factors that is expected to boost the growth of the market. The wastewater collected from the sewers is sent directly to the treatment plant. This water passes through ceramic hollow fibres membranes and only then it can be considered ideal for reuse. Also, the newly treated water can be drained easily into the seas without polluting them. Therefore, the production of ceramic hollow fibres membrane is increasing worldwide. But, the manufacturing of these products is an expensive process. It may hamper the hollow fibres membrane market growth in the coming years.
Regional Analysis-
Asia Pacific to Remain at the Forefront Stoked by Rising Number of Food & Beverage Companies
In terms of geography, the market is segregated into the Middle East and Africa, Asia Pacific, Europe, Latin America, and North America. Out of these, Asia Pacific is expected to dominate throughout the forthcoming years by generating the largest hollow fibres membrane market share. This growth is attributable to the presence of a large number of food & beverage companies in the countries, such as Singapore, Thailand, Malaysia, India, and China.
North America, on the other hand, is anticipated to showcase moderate growth in the near future fueled by the increasing demand for sewage and recycling treatment services. The Middle East would exhibit a considerable share because of the major contributions of the U.A.E. and Saudi Arabia. Hollow fibres membrane is used extensively in the well-established biopharmaceutical industry of these countries.
Highlights of This Report:
- In-depth information about the market dynamics, growth drivers, and obstacles.
- Elaborate details about all the segments.
- The upcoming, present, and historical sizes of the market.
- Profiles of the renowned producers of hollow fibres membrane present in the market.
- Analysis of the competitive landscape consisting of investments, mergers & acquisitions, research and development activities, strategic partnerships, innovative product launches, and agreements.
Information Source: https://www.fortunebusinessinsights.com/hollow-fibres-membrane-market-102348
Competitive Landscape-
Key Players Engage in Acquisitions & Joint Ventures to Strengthen Their Positions
The market includes numerous big, medium, and small enterprises that are striving persistently to strengthen their positions worldwide. To do so, some of the renowned enterprises are focusing on acquiring the local start-ups, while the others are adopting the strategy of joint ventures. Below are two of the latest industry developments:
- On July 11, 2018, Kuraray, GC, and Sumitomo Corporation Holds has come up with joint venture company namely Kuraray GC Advanced Materials Co., Ltd.in Thailand. The intention behind the joint venture was to expand their business in petrochemical as GC being a leader of petrochemical businesses, including manufacturing and distribution of all petrochemical products and Sumitomo which is a Global Trading Company and has strong business ground in Thailand and Southeast Asia.
- On Nov 2019, Koch Membrane Systems (KMS) announced an acquisition of Eco-Tec Inc., an ion exchange company based in Pickering, Canada. It was announced that KMS will be changing its name to Koch Separation Solutions (KSS). This acquisition was done to provide proprietary ion exchange-based solutions for a wide range of industries, including chemical recovery and purification, hydrometallurgy, electroplating, biogas treatment, produced water, and amine purification.
According to Fortune Business Insights, The global polyethylene market size was valued at USD 110.23 billion in 2023 and is projected to grow from USD 114.89 billion in 2024 to USD 158.49 billion by 2032, exhibiting a CAGR of 4.1% during the forecast period. Asia Pacific dominated the polyethylene market with a market share of 47.98% in 2022. The rise is driven by the increasing popularity of the product in various industries such as construction and packaging.
The properties of polyethylene (PE) make it popular in industries such as packaging and construction. This polymer offers reduced weight, high ductility, good electrical treeing resistance, excellent chemical resistance, and increased impact strength for the products at lower cost. It is majorly used in the form of products such as food wraps, shopping bags, detergent bottles, and automobile fuel tanks, across the globe.
Fortune Business Insights™ provides this information in its research report, titled “Polyethylene Market, 2024-2032”.
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List of Key Players Mentioned in the Report:
- LyondellBasell Industries N.V. (Netherlands)
- ExxonMobil Chemical (U.S.)
- SABIC (Saudi Arabia)
- Reliance Industries Limited (India)
- INEOS (U.K.)
- China National Petroleum Corporation (China)
- China Petroleum & Chemical Corporation (China)
- Ducor Petrochemicals (Netherlands)
- Formosa Plastic Group (Taiwan)
- Braskem (Brazil)
- Repsol (Spain)
- Borouge (UAE)
Segmentation:
HDPE Segment to Register Commendable Surge Impelled by Low Cost of Manufacturing
On the basis of type, the market is fragmented into Linear Low-density Polyethylene (LLDPE), High-density Polyethylene (HDPE)/Medium-density Polyethylene (MDPE), and Low-density Polyethylene (LDPE). The HDPE segment dominates the market and is estimated to grow at a substantial pace over the estimated period. The compound is deployed across various applications such as food storage containers, ballistic plates, bottle caps, chemical-resistant piping, boats, and others.
Packaging Segment to Exhibit Notable Growth Considering Soaring Demand from F&B Sector
Based on end-use industry, the market is classified into healthcare & pharmaceuticals, consumer goods/lifestyle, automotive, packaging, infrastructure & construction, agriculture, electrical & electronics, and others. The packaging segment held the largest share in the market and is expected to exhibit considerable expansion throughout the forecast period. The expansion is impelled by the increasing product deployment in the production of numerous packaging solutions for the food & beverage sector.
Based on geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The report provides an in-depth analysis of the key trends propelling the global business landscape over the forthcoming years. It further presents an account of the vital strategies adopted by leading market players for securing a competitive edge and expanding their geographical footprints. Other components include an overview of the driving and restraining factors and the impact of COVID-19 pandemic on industry expansion.
Drivers and Restraints:
Surge in Market Value Due to Growing Demand from Numerous End-use Industries
One of the key factors impelling the global polyethylene market growth is the surging product demand in numerous sectors. These include food & beverage, electrical & electronics, consumer goods, and automotive.
However, the availability of substitute products such as polyethylene terephthalate (PET) and polypropylene may hamper industry expansion to some extent.
Regional Insights:
Asia Pacific to Hold the Largest Market Share Owing to Presence of Major Consuming Countries
The Asia Pacific region depicts a greater product demand from infrastructure & construction and packaging industries. Besides, the region exhibits rapid industrialization, owing to which the regional market holds the dominating industry value. The polyethylene market share in the region is touted to expand at a considerable pace over the study period.
Europe held the second-largest value in the global market and is expected to exhibit a substantial CAGR over the projected period. The surge is impelled by the various properties of the product such as corrosion inhibition, electric insulation, low density, and good heat resistance.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/polyethylene-pe-market-101584
Competitive Landscape:
Leading Companies Develop New Strategies to Expand Product Reach
Key industry players focus on devising and implementing various strategic initiatives for strengthening their industry positions. Some of these steps include research activities, the development of new products, and the formation of alliances. Many companies are also entering collaborations and forging merger agreements for expanding their product reach and geographical footprints.
Key Industry Development:
- November 2023: NOVA Chemicals Corporation and Amcor announced the signing of a Memorandum of Understanding (MoU) for mechanically recycled polyethylene. As per the agreement, NOVA Chemicals Corporation, the leading producer of polyethylene, would supply mechanically recycled polyethylene to Amcor, a prominent global packaging solutions manufacturer.
- February 2023: LyondellBasell and KIRKBI A/S signed an agreement for investing in APK, specialized in a solvent-based recycling technology for LDPE. By signing the agreement, LyondellBasell and KIRKBI A/S became the minority shareholders of APK.
According to Fortune Business Insights, The global dyes and pigments market size was valued at USD 42.64 billion in 2023 and is projected to grow from USD 44.68 billion in 2024 to USD 56.91 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period. Asia Pacific dominated the dyes and pigments market with a market share of 41.3% in 2023.
What Are Dyes and Pigments?
Dyes are colorants that dissolve in solvents and bind chemically with substrates, whereas pigments are insoluble substances used to impart color through dispersion. Both play crucial roles in industries ranging from textiles to automotive, offering color stability, brightness, and resistance to light and chemicals.
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LIST OF KEY COMPANIES PROFILED:
- BASF SE (Germany)
- DIC CORPORATION (Japan)
- Clariant (Switzerland)
- Sudarshan Chemical Industries Limited (India)
- Huntsman International LLC. (U.S.)
- Atul Ltd (India)
- Cabot Corporation (U.S.)
- DuPont (U.S.)
- Kiri Industries Ltd. (India)
- KRONOS Worldwide, Inc. (U.S.)
Key Market Drivers
1. Booming Textile Industry
The textile industry remains the largest consumer of dyes. Growing apparel demand, fast fashion trends, and rising disposable income across emerging economies like India and China are driving the consumption of reactive, disperse, and vat dyes.
2. Increasing Use of Paints & Coatings
Pigments are essential in decorative and industrial paints. As construction and infrastructure projects expand globally, the demand for high-performance pigments like titanium dioxide and iron oxide continues to rise.
3. Growth in Plastics and Packaging
Coloring plastics in packaging, automotive interiors, consumer goods, and electronic casings requires durable pigments. Sustainable packaging innovations are also contributing to this demand.
4. Technological Advancements
Nano-pigments and high-durability dyes designed for extreme conditions are seeing growing adoption, particularly in automotive and aerospace sectors.
Market Segmentation
By Type
Dyes : Reactive, Disperse, Acid, Vat, Direct, and Others
Pigments : Organic (azo, phthalocyanine) and Inorganic (titanium dioxide, iron oxide, ultramarine)
By End-Use Industry
Textiles
Leather and Paper
Paints & Coatings
Plastics
Printing Inks
Construction Materials
Regional Analysis
Asia-Pacific
Asia-Pacific dominates the market due to robust manufacturing capabilities and high consumption in textiles, especially in countries like China, India, and Bangladesh .
North America
Driven by eco-friendly product innovations and regulatory compliance, North America remains a key market for specialty dyes and high-performance pigments.
Europe
Europe is focusing on sustainable and bio-based dyes and pigments, in line with stringent environmental regulations such as REACH.
Recent Market Trends
Sustainability Focus : Bio-based dyes and pigments from natural sources like plants and algae are gaining attention.
Eco-friendly Production : Manufacturers are investing in waterless dyeing technologies to reduce water pollution.
Merger & Acquisition Activity : Companies are consolidating to expand global presence and product offerings (e.g., DIC Corporation’s acquisition of BASF’s pigments business)
Challenges Facing the Market
Rising raw material prices
Stringent environmental regulations
Shift toward synthetic fiber which reduces dye uptake
Information Source: https://www.fortunebusinessinsights.com/dyes-pigments-market-102333
Future Outlook
The future of the dyes and pigments market lies in eco-friendly innovation , digital printing trends , and biotechnological advancements . As consumers and industries continue to push for sustainability, the market is likely to witness a wave of novel colorant technologies and greener manufacturing processes.
The dyes and pigments market presents significant opportunities for manufacturers, researchers, and stakeholders across the value chain. With a strong outlook toward 2024–2032 , supported by innovation and sustainability, this market is set to flourish and redefine the future of coloration across industries.
KEY INDUSTRY DEVELOPMENTS:
June 2021 - Sun Chemical and DIC Corporation acquired BASF’s global pigments business. This acquisition will extend DIC's portfolio as a global manufacturer of pigments for various applications such as electronic displays, cosmetics, coatings, paints, and inks.
December 2020 - Asahi Songwon Colors started the commercial operations at the Dahej plant of Asahi Tennants Color, its 51:49 joint venture with Tennants Textile Colours Limited (TTC) of the U.K. This acquisition will widen Asahi’s presence as a global pigments supplier.
FAQs
Q1: How big is the Dyes and Pigments Market?
A: According to Fortune Business Insights, the dyes and pigments market size is valued at USD 44.68 billion in 2024 and is projected to reach USD 56.91 billion by 2032.
Q2: Which industry uses the most dyes and pigments?
A: The textile industry is the largest consumer, followed by paints, coatings, and plastics.
Q3: What are the growth drivers for this market?
A: Growth in textiles, construction, plastics, and demand for eco-friendly pigments are major drivers.
Q4: Which region dominates the market?
A: Asia-Pacific holds the largest market share due to high consumption in China and India.



