According to Fortune Business Insights, The global   green cement market   size was valued at USD 35.65 billion in 2023 and is projected to grow from USD 39.32 billion in 2024 to USD 83.28 billion by 2032, exhibiting a CAGR of 9.9% during the forecast period. North America dominated the green cement market with a market share of 37.17% in 2023. 

Green cement, an eco-friendly alternative, is produced using discarded waste such as blast furnaces and fly ash. The increasing demand for residential buildings due to global infrastructure developments and population growth is driving the market growth.   Fortune Business Insights presents this information in their report titled " Green Cement   Market, 2024–2032."

Major Players Profiled in the Report:

• JSW Cement (India)
• Green Cement Inc. (U.S.)
• Holcim Ltd (Switzerland)
• ACC Limited (India)
• UltraTech Cement Limited (India)
• Anhui Conch Cement (China)
• CEMEX S.A.B. de C.V. (Mexico)
• CRH plc (Ireland)
• CarbonCure Technologies Inc. (Nova Scotia)
• Heidelberg Cement (Germany)

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Segments

Growing Adoption and Environmental Benefits Propel Fly Ash's Market Leadership

By type, the market is segmented into fly ash, slag, recycled aggregate, and others. The fly ash segment dominates the market and is expected to maintain its leadership due to increasing adoption as a sustainable alternative to portland cement.

Green cement is an environment-friendly cement mainly processed through discarded waste, including blast furnaces and fly ash. The manufacturing process of this cement is extremely energy sufficient as major producers use advanced technologies, thereby aiding in lowering carbon emissions. According to JK Lakshmi Cement Ltd., green cement in buildings can reduce up to 40% of their carbon footprint. 

Growing Consumer Preference and Regulatory Support Fuel Residential Segment's Growth

By application, the market is classified into residential, non-residential, and infrastructure. The residential segment holds the largest green cement market share globally, driven by increasing consumer demand for sustainable buildings to improve living standards, with government regulations supporting green building construction activities.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Report Coverage

The research report presents a comprehensive market examination, emphasizing crucial elements, including the competitive environment, distribution channels, and prominent product categories. Furthermore, the report provides valuable observations on market trends and significant industry advancements. Apart from the aforementioned factors, the report encompasses numerous variables that have bolstered market expansion in recent times.

Drivers and Restraints

Increased Product Adoption Gains Ground in Residential Construction, Catalyzing Market Growth

The rising demand for green cement in residential buildings, driven by population growth, urbanization, and consumer disposable income is expected to boost its adoption. Increasing building policies and codes for energy-efficient structures also contribute to the product's adoption in the residential sector. Government projects in Canada, such as the New Building Canada Plan and Affordable Housing Initiative, are further driving product adoption in the industry.

However, limited awareness, complexities in advanced manufacturing, and high expenses associated with technology may impede the adoption of products, impeding the green cement market growth.

Regional Insights

North America Leads with Rising Infrastructure Development and Favorable Regulations

The North America market size was USD 12.0 billion in 2022, driven by rising infrastructure development, supportive environmental regulations, and urbanization. The U.S. holds the dominant share and is expected to lead the market during the projected period.

The Asia Pacific market is thriving due to the development of the construction industry and growing population, leading to increased adoption of green cement in commercial and residential spaces.

Information Source:  https://www.fortunebusinessinsights.com/green-cement-market-107251

Competitive Landscape

Leading Players Pioneering Sustainable Solutions to Sustain Market Dominance

Major players in the market are actively engaged in processing green-cement and implementing initiatives to reduce global CO2 emissions. They focus on developing sustainable solutions to lower carbon emissions and achieve emissions below the global average. These efforts demonstrate their commitment to environmental sustainability and the advancement of green construction materials.

Key Industry Development

November 2023:   Heidelberg Cement launched the low-carbon cement brand to reduce greenhouse gas emissions during the cement manufacturing and mixing process.

October 2022 : JSW Cement planned to invest USD 390 million to begin an integrated green cement production facility in Madhya Pradesh and a split grinding unit in Uttar Pradesh. The proposed investment includes a 2.5 MTPA grinding capacity, 15 MW Waste heat recovery system, and 2.5 MTPA clinker capacity.

According to Fortune Business Insights, The global   soda ash market   size was valued at USD 20.66 billion in 2023. The market is projected to grow from USD 19.91 billion in 2024 to USD 24.83 billion by 2032, exhibiting a CAGR of 2.8% during the forecast period. Asia Pacific dominated the soda ash mrket with a market share of 54.02% in 2023.

The   global soda ash market   is witnessing steady growth driven by rising demand in the   glass, detergent, chemical, and water treatment   industries. Also known as sodium carbonate, soda ash plays a crucial role in industrial applications ranging from flat glass production to the manufacture of soaps and detergents. 

What is Soda Ash?

Soda ash (sodium carbonate)   is a white, water-soluble compound used widely in industrial processes. It exists in three primary grades:   light, dense, and washing soda , each suited for different applications. The compound is mainly produced through two methods: the   Solvay process   (synthetic) and   natural mining   (from trona ores).

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List of Top Soda Ash Companies:

• Tata Chemicals Ltd. (India)
• Ciner Group (Turkey)
• NIRMA (India)
• Solvay (Belgium)
• DCW Ltd. (India)
• Shandong Haihua Group Co., Ltd. (China)
• Genesis Energy, L.P. (U.S.)
• Kushal Chemicals (India)

Key Market Drivers

1.   Rising Demand from the Glass Industry

The glass industry accounts for more than   50% of global soda ash consumption , especially in manufacturing flat glass for construction, automotive, and solar panels. With the rise in green buildings and renewable energy installations, soda ash demand is growing rapidly.

2.   Expanding Detergent and Soap Industry

Soda ash is a vital raw material in producing detergents and soaps, helping soften water and improve cleaning efficiency. Growth in hygiene awareness and urbanization is fueling this segment.

3.   Water and Wastewater Treatment

The increasing adoption of soda ash in   municipal and industrial water treatment   for pH regulation and hardness removal is another growth catalyst.

4.   Boom in Solar Energy

The rising adoption of solar energy globally is driving the demand for high-purity glass, which in turn is propelling soda ash consumption.

Soda Ash Market Segmentation

By Type:

• 
  

  Synthetic Soda Ash (Solvay Process)

• 
  

  Natural Soda Ash (Trona Mining)

By Grade:

• 
  

  Light Grade

• 
  

  Dense Grade

• 
  

  Washing Soda

By Application:

• 
  

  Glass Manufacturing

• 
  

  Soaps & Detergents

• 
  

  Chemicals Production

• 
  

  Water Treatment

• 
  

  Pulp & Paper

By Region:

• 
  

  North America

• 
  

  Europe

• 
  

  Asia Pacific

• 
  

  Latin America

• 
  

  Middle East & Africa

Regional Insights

Asia Pacific: Largest and Fastest Growing Region

• 
  

  Countries like   China and India   dominate soda ash production and consumption.

• 
  

  India's soda ash demand is projected to reach   5.2 million tons by 2033 , driven by growth in the glass and detergent sectors.

North America: Stable Growth

• 
  

  The United States is a leading producer of   natural soda ash , with companies like WE Soda and Genesis Alkali holding strong market positions.

Europe: Focus on Sustainability

• 
  

  European players are investing in   green soda ash production   to meet environmental regulations.

Recent Industry Developments

November 2023:  Tuticorin Alkali Chemicals & Fertilisers (TFL) launches world’s first green soda ash production plant in Thoothukudi, Tamil Nadu. TFL set up a CO2 recovery plant to capture carbon from coal used as fuel in its boiler for steam production.

November 2023:  HUL is piloting the production of synthetic soda ash – a key ingredient in laundry powder. The company is collaborating with leading chemical companies TFL and Fertiglobe (the strategic partnership between OCI Global and ADNOC), to pilot the production of near-zero emissions synthetic soda ash – a key ingredient in laundry powder.

Market Challenges

• 
  

  Price Volatility : Influenced by global trade, raw materials, and freight.

• 
  

  Environmental Regulations : Rising pressure on synthetic soda ash producers to reduce emissions.

• 
  

  Import Competition : Countries like India face competition from low-cost soda ash imports.

Soda Ash Market Overview

Market Size:

• 2023 Value: USD 20.66 billion
• 2024 Value: USD 19.91 billion
• 2032 Forecast Value (with CAGR): USD 24.83 billion (CAGR of 2.8%)

Market Share:

• Regional Leader: Asia Pacific (54.02% in 2023)
• Fastest-Growing Region: Asia Pacific
• End-User Leader: Glass Industry

Information Source:  https://www.fortunebusinessinsights.com/soda-ash-market-110681

Soda Ash Market Outlook (2024–2032)

The soda ash market is poised for long-term growth supported by sustainability initiatives, growing end-user industries, and innovation in production technologies. The increasing use of   high-purity soda ash   in solar glass and electronics provides future growth opportunities. As key players expand capacity and invest in eco-friendly processes, the market is expected to maintain strong momentum.

The   soda ash market   is undergoing a transformation driven by sustainability, innovation, and growing applications in essential industries. Businesses focusing on   green technologies, capacity expansion , and   regional penetration   will be best positioned to capitalize on future opportunities.

According to Fortune Business Insights, The global   gold market   size was valued at USD 276.04 billion in 2023. The market is expected to grow from USD 291.68 billion in 2024 to USD 457.91 billion by 2032, recording a CAGR of 5.8% during the forecast period. Asia Pacific dominated the gold market with a market share of 66.25% in 2023.

Fortune Business Insights™ displays this information in a report titled, "Gold Market, 2024-2032."

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LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Agnico Eagle Mines Limited (Canada)
• FURUKAWA CO., LTD (Japan)
• Harmony Gold Mining Company Limited (South Africa)
• Kinross Gold Corporation (Canada)
• Barrick Gold Corporation (Canada)
• Gold Fields Limited (South Africa)
• Newmont (U.S.)
• Agnico Eagle (Canada)
• Polyus (Russia)
• AngloGold Ashanti (South Africa)
• Pan American Silver (Canada)

Segmentation:

Rapidly Changing Fashion Trends Increased Product Use in Jewellery Fabrication

Based on application, the market is classified into jewellery fabrication, technology, investments, and central banks. The jewellery fabrication segment captured the biggest gold market share in 2023 as several regions across the world are witnessing a rapid change in fashion trends. The increasing consumer preference for personalized and unique jewellery has compelled market players to launch customized and elegant pieces that suited their customers’ tastes. Moreover, several customers are also opting for heirloom, handmade, and vintage jewellery, which will further boost the use of this metal in jewellery fabrication processes.

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 a detailed study of the market and highlighted several critical areas, such as leading applications and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increasing Demand for Jewellery to Bolster Market Growth

While many precious metals are taken into consideration while making jewellery, gold takes the centerstage whenever manufacturers have to make bespoke and attractive pieces for their customers. The precious metal holds a lot of significance in many regions, especially Asia, where women wear jewellery made from this precious metal for festivals and weddings. Moreover, increasing disposable income and timeless appeal have prompted customers to increase their purchase of gold jewellery. These factors are expected to have a positive impact on the gold market growth.

However, stringent government regulations, such as the imposition of heavy import duties on this metal can impede the market’s progress.

Regional Insights:

Asia Pacific Dominated Global Market Due to High Cultural and Financial Significance of Gold

Asia Pacific held a dominant position in the global market as many countries across the region view gold as both a safe investment and a revered cultural symbol. Many industries across Asia Pacific use this precious metal for various purposes, such as in electronics and jewellery. These factors have played a crucial role in helping the regional market grow.

North America is also displaying healthy growth in the global market owing to the increasing demand for jewellery.

Competitive Landscape:

Key Players to Focus On Expanding Their Business Operations Through Various Organic and Inorganic Strategies

The market’s competitive landscape has depicted the presence of several leading and emerging companies that deal with the production and distribution of gold. These companies are focused on developing advanced technologies to improve the refinement process of this metal. They are also implementing a wide range of business growth strategies, such as partnerships and acquisitions to expand their business operations and remain competent.

Information Source:  https://www.fortunebusinessinsights.com/gold-market-109454

Notable Industry Development:

• In July 2024,  Alrosa acquired the Degdekanskoye gold deposit in Russia from mining company Polyus through its subsidiary, JSC Almazy Anabara. The deal involves a 100% stake purchase in Magadan Geological Exploration Enterprise from JSC Polyus Krasnoyarsk, a subsidiary of PJSC Polyus.
• In June 2024 , Agnico Eagle announced plans to increase its investment in Maple Gold Mines Ltd., raising its ownership from 11.97% to 19.9%. This was achieved by purchasing additional shares, which grew from 40,852,415 to 74,674,257 common shares.

The global   pharmaceutical packaging market   size was valued at USD 110.55 billion in 2024. It is projected to be worth USD 116.58 billion in 2025 and reach USD 177.12 billion by 2032, exhibiting a CAGR of 6.16% during the forecast period. North America dominated the pharmaceutical packaging market with a market share of 30% in 2024.

The growing adoption of novel and generic drugs in developing countries will have an excellent impact on the global market, states Fortune Business Insights, in a report, titled “ Pharmaceutical Packaging Market Size, Share & Industry Analysis, By Material   (Plastics, Glass, Metal, Paper & Paperboard,), By Product (Plastic Bottles, Caps & Closures, Pre-Fillable Inhalers, Pre-Fillable Syringes, Vials & Ampoules, Blister Packs, Bags & Pouches, Jars & Canisters, Cartridges,), By Packaging Type (Primary, Secondary, and Tertiary), By Drug Delivery Mode), and Regional Forecast, 2025-2032.” 

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The Report Lists the Key Companies in the   Pharmaceutical Packaging Market:

Gerresheimer AG (Germany)
Origin Pharma Packaging (UK)
Nelipak Healthcare (Alberta)
Pharma Packaging Solutions (TN)
SCHOTT AG (Germany)
Becton Dickinson & Company (US)
West Pharmaceutical Services, Inc. (US)
WestRock (US)
AptarGroup, Inc. (US)
Berry Global, Inc (US)
NIPRO (Japan)
Carcano Antonio S.p.A. (Italy)
SABIC (Saudi Arabia)
Lonza Group AG (Switzerland)

Market Driver :

Booming Pharmaceutical Industry to Boost Market

The flourishing pharmaceutical industry in developing nations such as China, India, and Brazil and developed economies such as the US, UK, and Germany will spur lucrative opportunities for the market during the forecast period. The increasing technological advancements and healthcare spending will contribute positively to the market growth. The growing healthcare awareness along with mandatory government regulations to curb the spread of infectious diseases will have a tremendous effect on the market. Moreover, the inflated demand for biological products and emerging treatments like cell and gene therapies will further enable the speedy expansion of the market.

Pharmaceutical Industry to Remain Unaffected During COVID-19 Pandemic

The coronavirus has disrupted various industries, resulting in the shortage of laborers & raw materials, distraught production processes, as well as transportation and logistics. However, the pharmaceutical industry remained unaffected owing to the government's support for the supply of essential drugs and goods. Pharmaceutical industries remained operational throughout the pandemic to manufacture healthcare products. The government backing for COVID kits and masks further encouraged packaging companies to accelerate their business amid the pandemic. The ongoing automated operations have increased sales in recent years, in turn, promoting the growth of the market.

Regional Analysis :

Heavy Demand for Packaging Products to Aid Expansion in North America

The market in North America is expected to hold the largest share during the forecast period owing to the rapidly flourishing pharmaceutical industry. The increasing demand for packaging products will further enable speedy expansion in the region. The growing healthcare spending and rising prevalence of diseases will further spur demand in the region. The increasing utilization of pharmaceutical products such as plastic bottles & containers, vials & ampoules, and pre-fillable syringes will bolster the healthy growth of the market in North America. Asia Pacific is expected to hold a significant share in the global market owing to the growing pharmaceutical industry in countries such as China, Japan, and India. The rising investments by pharmaceutical manufacturing companies will contribute positively to the market growth.

The report on the   pharmaceutical packaging market   encompasses :

• Grander analysis of the market
• Important insights into the competitive landscape
• Factors restricting market growth
• Recent trends and development
• Prime factors enabling growth

Information Source:  https://www.fortunebusinessinsights.com/pharmaceutical-packaging-market-102860

Key Development :

• January 2024-  SGD Pharma launched the extension of its Clareo range to include 10ml and its Sterinity range of ready-to-use vials in sizes 10ml and 20m. The Clareo range of molded glass vials is available in sizes from 10ml to 200ml. These vials are designed to meet American market specifications and have a GPI 20 neck finish.
• May 2022-  Bormioli Pharma, a manufacturer of glass and plastic primary packaging for pharmaceutical use, announced the launch of EcoPositive, a label for its sustainable packaging solutions. It includes recycled glass and plastics, bio-based, biodegradable, or compostable plastic solutions, and advanced polymer products.

According to Fortune Business Insights, The global   foam concrete market   size is projected to experience dynamic growth in the forthcoming years owing to the increasing number of residential complexes across the world, finds   Fortune Business Insights™   in its report, titled “ Foam Concrete   Market, 2025-2032 ”.

The foam concrete is mainly used in the construction industry to build partition walls. This type of concrete is fire resistant and contains high thermal and acoustical insulating properties than conventional concrete. Hence, there is a rising demand for foam concrete from the construction sector due to the increasing number of residential and commercial buildings across the world. The foam concrete is used in numerous applications such as bridge approaches, trench backfill, insulation floor screeds, and others. Thus, the increasing usage of foam concrete in the construction and infrastructure industries has resulted in the growth of this market. Foam concrete is a very flexible, lightweight material for filling cellular concrete, created by combining a cement paste  with a differently developed foam. The thickness of foam concrete is calculated by the slurry ratio and the spectrum of densities. Foam concrete, also known as Lightweight Cell Concrete  consists entirely of a cement slurry or fly ash, water and sand in which some suppliers acclaim pure cement and water with the foaming agent for extremely lightweight mixes.

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List of Key Players Covered in Foam Concrete Market Report:

• Eurocement
• LafargeHolicim
• Votorantim Group
• Hochtief
• Leighton Holdings
• Bechtel Corporation
• Cemex
• Shanghai Construction Group
• Luca Industries International
• Boral Concrete
• Grupo ACS

Market Segmentation:

On the basis of type, this market is classified into synthetic foaming agent and protein foaming agent. Based on application, the market is divided into infrastructure, residential, industrial, garden, pavements, and others. By geography, the market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Highlights/Summary:

The report provides an exhaustive assessment of each market segment and also offers an in-depth analysis of the market drivers, trends, opportunities, and hindrances. Furthermore, the report contains a granular examination of the regional developments impacting the market, along with a thorough evaluation of the top market players and their key strategies.

Drivers/Restraints:

Rising Expenditure on Infrastructure Activities to Fuel the Market

The governments in most of the countries are focusing on increasing expenditure on the infrastructural activities such as construction of roads, bridges, buildings, and others. This has resulted in the increasing demand for foam concrete across several regions, which has positively impacted the growth of this market. Further, the foam concrete is made with a simple production technique which is relatively cheap as compared to other types of concrete. Hence, there is a high demand for foam concrete in the industries such as infrastructure, and others, which has led to this market’s growth.

Foam concrete is commonly used in building materials due to its cheap price and suitable lining properties. In addition to this, foam concrete helps to minimize weight and construction costs, because it has a low density. These are among the big factors that are helping to see an incredible rise for the foam concrete market. However, there are also a range of small regional and multinational companies that compete on the global market. In reality, there are plenty of foam concrete resources around the globe.

Regional Insights:

Rising Demand for Foam Concrete from the Building Industry to Boost the North America Market Growth

North America region is anticipated to dominate in the foam concrete market share on account of the rising demand for foam concrete from the building industry.

Asia Pacific region is projected to grow rapidly in this market due to the rising number of residential and other buildings and the growing urban population in this region.

Europe is projected to grow at a decent pace in this market due to the increasing investments by the manufacturers in the real estate sector.

Competitive Landscape:

Increasing Investments by Key Players to Feed Competition

The prominent companies in the foam concrete market are concentrating on increasing their investments for the production of foam concrete in order to expand their business operations and strengthen their market position across several regions in this market.

Information Source:  https://www.fortunebusinessinsights.com/foam-concrete-market-104191

Industry Development:

• In June 2019 , Holcim Philippine, a leading cement maker company, announced that it has accomplished its extension of processing plant in La Union, Philippines factory. The company finished the installation of the new grinding equipment and storage facilities in its plant in Bacnotan, La Unin to increase the annual cement production capacity and increase its sales by maintaining a strong footprint in the global market.

According to Fortune Business Insights, The global   polyethylene furanoate market   size was valued at USD 34.34 million in 2024. The market is projected to grow from USD 42.28 million in 2025 to USD 73.78 million by 2032 at a CAGR of 8.3% during the forecast period. Asia Pacific dominated the polyethylene furanoate market with a market share of 33.66% in 2024.

The   Polyethylene Furanoate (PEF) Market   is rapidly gaining momentum as industries worldwide shift toward sustainable and bio-based materials. PEF, a next-generation polyester derived from renewable plant-based feedstocks, is poised to disrupt the conventional plastics industry by offering superior barrier properties, enhanced mechanical strength, and lower environmental impact. According to market estimates, the global Polyethylene Furanoate (PEF) market is expected to witness substantial growth between 2025 and 2032, driven by increasing environmental concerns, favorable regulatory policies, and the growing demand for eco-friendly packaging solutions.

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LIST OF KEY MARKET PLAYERS PROFILED IN THE REPORT

• Swicofil AG (Switzerland)
• Sulzer Ltd (Switzerland)
• TOYOBO CO., LTD. (Japan)
• Avantium (Netherland)
• ALPLA (Austria)
• Origin Materials (U.S.)
• AVA Biochem AG (Switzerland)
• Danone (France)
• Stora Enso (Finland)
• Sukano (Switzerland)

Key Drivers of the Polyethylene Furanoate (PEF) Market

1. Sustainability Push

PEF is produced from   2,5-Furandicarboxylic acid (FDCA) , which is derived from biomass sources such as fructose. As a 100% bio-based and recyclable polymer, PEF serves as a sustainable alternative to PET and other fossil-based plastics, aligning with global carbon reduction and circular economy goals.

2.   Superior Material Properties

PEF offers   60% better barrier properties to oxygen ,   50% better for carbon dioxide , and   higher tensile strength   compared to PET, making it ideal for food and beverage packaging. These properties help in extending shelf life, reducing food waste, and enhancing product safety.

3.   Increasing Investments in Bio-based Plastics

Major packaging and chemical companies are investing heavily in bio-based polymers, with PEF receiving attention due to its performance and scalability. Collaborations and pilot plants by companies such as Avantium and industry leaders in Europe and Asia are accelerating commercialization.

Market Segmentation

By Application

• 
  

  Packaging (Bottles, Films, Trays)

• 
  

  Textiles

• 
  

  Automotive

• 
  

  Electronics

• 
  

  Others

By End-Use Industry

• 
  

  Food & Beverage

• 
  

  Pharmaceuticals

• 
  

  Consumer Goods

• 
  

  Industrial Applications

By Region

• 
  

  North America

• 
  

  Europe

• 
  

  Asia Pacific

• 
  

  Latin America

• 
  

  Middle East & Africa

Europe currently leads the global PEF market due to strong government support for sustainable packaging, followed by Asia Pacific, where demand is growing due to a large manufacturing base and increasing environmental awareness.

Challenges and Opportunities

Challenges :

• 
  

  High production costs compared to PET

• 
  

  Limited commercial availability of FDCA

• 
  

  Need for technological scale-up

Opportunities :

• 
  

  Growing demand for bio-based and biodegradable packaging

• 
  

  Potential in fiber and textile applications

• 
  

  Favorable regulatory support and brand commitments to sustainability

Future Outlook: 2025 to 2032

The global Polyethylene Furanoate (PEF) market is expected to grow at a CAGR of 15-20% during the forecast period, reaching a multi-billion-dollar valuation by 2032. Key growth will be supported by innovations in green chemistry, government initiatives for plastic waste reduction, and increased awareness among consumers and industries.Polyethylene furanoate (PEF) is a bio-based and recyclable polyester made from renewable resources like plant sugars. It is considered a renewable, non-toxic, and recyclable plastic that can be substituted with traditional or oil-based polymers. Furthermore, this plastic provides superior barrier properties and offers enhanced strength, good heat resistance, and puncture toughness making it a promising alternative to traditional petroleum-based plastics such as polyethylene terephthalate. The major factors that are influencing the growth of polyethylene furanoate include the growing demand for sustainable packaging solutions due to environmental concerns, rising awareness about plastic waste, along growing applications in the food and beverage industry.

The Polyethylene Furanoate (PEF) Market represents a transformative shift toward circular and sustainable materials in the polymer and packaging industries. As environmental regulations tighten and demand for green alternatives grows, PEF is well-positioned to become a mainstream bioplastic solution across multiple sectors by 2032. The increasing global concern over environmental degradation along with pollution from single-use is driving the demand for sustainable and biodegradable materials like PEF over polyethylene terephthalate. PEF is a bio-based alternative and offers a better oxygen and carbon dioxide barrier in comparison with PET. 

Information Source:  https://www.fortunebusinessinsights.com/polyethylene-furanoate-pef-market-112577

KEY INDUSTRY DEVELOPMENTS

February 2025 :  Avantium N.V. has signed a joint development agreement with Amcor Rigid Packaging U.S., to explore the use of Avantium's PEF in rigid containers for several products, including beverage, food, medical, pharmaceutical, personal care, and home. Also, Amcor has committed to a multi-year capacity reservation for PEF from a future industrial-scale facility, based on a technology license from Avantium. This agreement guarantees Amcor preferred access to PEF volumes produced by Avantium's future licensee network.

February 2025 :  Avantium N.V. signed a collaboration with EPC Engineering & Technologies GmbH, to advance the continuous PEF polyester production technology, with the target of achieving 100 kilotonnes per annum and beyond capacities. This collaboration will combine the expertise of both companies to commercialize continuous polymerization of PEF (“PEF cPol Technology”).

According to Fortune Business Insights, The global   precast concrete market   size was valued at USD 151.49 billion in 2024. The market is projected to grow from USD 160.53 billion in 2025 to USD 246.07 billion by 2032, at a CAGR of 6.3% during 2025-2032. Asia Pacific dominated the precast concrete market with a market share of 38.52% in 2024. Concrete is precast using reusable molds in a process that takes place off-site within a controlled setting, ensuring that the concrete cures optimally and can be closely supervised.

Precast concretes mean mold in the reusable form which can be used to provide a superior level of resistance to insects and mold, or natural disasters, or in case of fires. Unlike other building material, precast concrete is resistant to termites, requires low maintenance, and meager insurance costs. As per a report by Fortune Business Insights, titled,   “Precast Concrete Market Size, Share & Industry Analysis, By Product Type (Columns & Beams, Girders, Floors & Roofs, Walls & Barriers, Pipes, Paving Slabs, and Others), By Application (Building Components, Transportation, Water & Waste Handling, and Others), By Type (Wet Concrete and Dry/Semi-dry Concrete), By End-Use (Residential, Commercial, Industrial, and Infrastructure {Tunnels, Roads & Bridges, Wind Towers, and Others}), and Regional Forecast, 2025-2032.”  

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Some of the Key Players of the Market for Precast Concrete include:

• Oldcastle Precast (U.S.)
• Balfour Beatty(U.K.)
• Bouygues Construction(France)
• Elementbau Osthessen GmbH & Co., ELO KG (Germany)
• Spancrete (U.S.)
• Tindall Corporation (U.S.)
• Forterra (U.S.)
• CEMEX (Mexico)
• Larson & Turbo Limited (India)
• Olson Precast Company (U.S.)
• Other players

Drivers & Restraints-

Increasing Demand for Commercial and Residential Spaces to Propel Growth

Increasing population, growing industries and businesses, and the rising need for residential and commercial spaces are the key factors promoting the precast concrete market growth. In addition to this, rapid urbanization and industrialization have propelled the demand for construction activities. This has led to a rise in the expenditure for construction activities, thereby augmenting growth.

The demand for precast concrete is growing, driven by urbanization and increased construction activities. The construction industry's shift toward sustainable, economical, and modern building techniques is contributing to this growth. Additionally, the expansion of construction projects in developing nations, aimed at improving infrastructure, is expected to further propel the market for precast concrete.

On the contrary, certain drawbacks may pull down this market in the future. These include the environmental and health concerns concerning cement manufacturing. It is believed that cement production releases many gases such as sulfur dioxide, carbon monoxide, and nitrogen oxide into the atmosphere. This may result in numerous environmental impacts such as global warming, depletion in the quality of water, and acid rain, among others. Besides this, there are several health issues such as visual impairment, asthma, and various cardiovascular diseases that may cause hindrance to the overall market in the coming years.

Segment:

Building Components Segment Earned Major Share Attributed to Utilization in Construction Projects

Based on segmentation by product type, the building components segment gained the largest precast concrete market share. Growth of this segment is attributable to the increasing demand for cost-efficient quality houses at affordable prices that propelled a rise in the number of construction projects.

Regional Analysis-

Asia Pacific to Emerge Dominant on Account of Rising Investments in Infrastructural Development

Geographically, Asia Pacific earned a revenue of USD 46.97 billion in the year 2019 and received the largest precast concrete market share. This is attributable to the increasing investments on infrastructural development by emerging nations such as India, China, and Japan in the forecast duration that will propel the demand for precast concrete in the regional market. Europe ranks second on account of the increasing use of precast concrete products for commercial and industrial construction projects.

The Report Answers the Following Queries:

• What is the nature of the market?
• Who are the key players of the market for precast concrete, and what is their strategy?
• How will urbanization contribute to the growth of the market?
• What are the recent industry developments in this market?

Competitive Landscape-

Players Focusing on Geographical Expansion for Gaining Significant Position in Market

The global market for precast concrete is fragmented as the number of players is many. Some of them are investing heavily on material supply and other partnership strategies to gain a competitive edge in the market. Others are planning on expanding their brand presence geographically to draw significant revenues to the market.

Information Source:  https://www.fortunebusinessinsights.com/precast-concrete-market-103301

Major Industry Developments of the Market for Precast Concrete Include:

• November 2024:  Boral collaborated with the Gamuda and Laing O’Rourke Consortium (GLC) to develop an innovative precast mix aimed at reducing the embodied carbon footprint of the Sydney Metro West project. This mix incorporates 50% supplementary cementitious material (SCM), an Australian first for precast tunnelling segment production.
• October 2024:  Larsen & Toubro (L&T) reached a significant milestone in the construction of the Delhi-Meerut RRTS, with the completion of casting for the final 6290 precast box segments for Package 7 of the project.

According to Fortune Business Insight, in a report, titled “ Bamboos Market  Size, Share & Industry Analysis, By End-Use (Wood and Furniture (Flooring, Ceiling, Outdoor Decking, Furniture, Mat Board), Construction (Scaffolding, Housing (building material)), Food & beverage, Paper & Pulp, Textile, Charcoal, Other) Others and Regional Forecast, 2025-2032.”   The growing adoption of bamboos in the wood & furniture industry is expected to aid the market growth. 

The global bamboo market size is anticipated to be propelled by increasing investments in infrastructure development and heightened consumer awareness regarding sustainable, durable, and eco-friendly products. Bamboo has an important woody grass found widespread in the tropical, subtropical and mild temperate zones. It has been used since centuries for variety of applications. Economically, bamboo serves as a superior substitute to wood.

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The Report Lists the Key Players in the Global Bamboos Market:

• Bamboo Village Company Limited
• Kerala State Bamboo Corporation Ltd.
• Moso International B.V.
• Shanghai Tenbro Bamboo Textile Co. Ltd.
• Smith & Fong Co Inc.
• EcoPlanet Bamboo
• Dasso Industrial Group Co., Ltd
• Jiangxi Shanyou Industry Co. Ltd.
• Jiangxi Kangda Bamboo Ware Group Co., Ltd.
• Higuera Hardwoods LLC
• China Bambro Textile Company Limited
• Southern Bamboo Inc.
• Teragren LLC
• ANJI TIANZHEN BAMBOO FLOORING CO. LTD
• Jiangxi Feiyu Industry Co. Ltd.

Market Driver :

Increasing Bamboo Cultivation to Reinforce Market

The growing government support for expanding the bamboo industry is expected to bolster the market's healthy growth. For instance, in April, 2018, the Government of India restructured National Bamboo Mission to promote the bamboo sector's holistic growth in India. This mission includes increasing bamboo cultivation and marketing and steps supporting the setting up of new nurseries and strengthening existing ones. The mission also includes making arrangements to increase the availability of quality planting materials in India's states. Furthermore, the increasing adoption of bamboos due to its eco-friendly nature is expected to intensify the market's growth. For instance, bamboo absorbs carbon dioxide and releases 35% more oxygen than its equivalent stand of hardwood trees. Also, it needs no fertilizer or pesticides for growth that makes it a low input-high output plant.

Bamboo also absorbs carbon dioxide and releases 35% more oxygen than its equivalent stand of hardwood trees. Also, it needs no fertilizer or pesticides for growth that makes it a low input-high output plant.

Moreover, bamboo has been used for centuries for a variety of applications. Economically, bamboo serves as a superior substitute to wood. There are about 1,200 species of bamboo. Besides, the rising population is expected to contribute positively to the market growth.

However, durability constraints and wide adoption of synthetic materials is expected to dampen the market growth. Similarly, deforestation activities are expected to hamper market growth.

Regional Analysis :

Favorable Harvest Conditions to Propel Market in The Middle East and Africa

The market in Asia-Pacific is expected to expand gradually. The high consumption and production in China, India, Indonesia, and other neighboring countries is expected to foster growth in Asia Pacific. Bamboo is popularly knowns as ‘Poor man’s timber’ due to its low-cost harvest conditions. The bamboo market in the Middle East and Africa is expected to experience a boom due to promotional activities by the government in African countries such as Kenya, Ghana, Nigeria, and Cameroon. North America is expected to observe a moderate growth rate due to the increasing adoption in the wood and furniture industry.

Europe is expected to proliferate due to the economic and structural attractiveness provided by the bamboos. Some of these structures include Madrid International Airport (Bamboo ceiling), Parking Garage, The Hague, Netherlands, etc. Brazil is home to the largest natural reserve of bamboos, with an estimated 18 million bamboo hectares.

The report on the   bamboos market reveals :

• Prominent insights into the industry
• Essential data with in-depth research
• Factors exhibiting market growth
• Comprehensive study about main regions
• Prime developments in the industry

Information Source:  https://www.fortunebusinessinsights.com/bamboos-market-102314

Key Industry Developments

October, 2019 , According to representatives at the 33rd annual meeting of the International Organization for Standardization’s (ISO) committee on timber structures, two new international standards have been developed which will help promote international trade in engineered bamboo products. This will help  

April, 2018,  Government of India restructured National Bamboo Mission to promote holistic growth of bamboo sector in India. This mission includes increasing bamboo cultivation and marketing along with steps supporting the setting up of new nurseries and strengthening of existing ones. The mission also includes making arrangements to increase the availability of quality planting materials in all states of India.

According to Fortune Business Insights, The global   lithium market   size was valued at USD 22.36 billion in 2023. The market is projected to grow from USD 13.90 billion in 2024 to USD 55.52 billion by 2032 at a CAGR of 18.9% during the 2024-2032 forecast period. Asia Pacific dominated the lithium market with a market share of 61.27% in 2023.

Lithium is a soft metal that is extremely reactive and is known to be the lightest of all metals. It is utilized to produce robust, lightweight alloys in combination with aluminum and magnesium. Lithium-ion batteries are preferred due to their high energy density, which makes them suitable for compact devices. Its vital role in clean energy technologies, such as electric vehicles and solar power storage, is expected to drive global market growth in the coming years. Growing demand for rechargeable batteries in laptops and mobile phones and rapid advancements in electric vehicles are driving the demand for lithium ion batteries (LIB). Apart from lithium ion batteries, it is utilized in many industries, including lubricants, glass & ceramics, and foundry.

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LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Albemarle Corporation (U.S.)
• SQM S.A. (Chile)
• Tianqi Lithium (China)
• International Lithium Corp. (Canada)
• LSC Lithium Corporation (Argentina)
• FMC Corporation (U.S.)
• American Lithium Corp. (U.S.)
• Livent (U.S.)
• Avalon Advanced Materials (Canada)
• Sayona Mining Limited (Australia)

Segmentation:

Widespread Adoption of Carbonate in Automotive Sector to Drive Segment Growth

Based on product, the market is divided into carbonate, hydroxide, chloride, metal, and others. Carbonate accounted for the leading share of the global market in 2023, owing to its widespread adoption in the automotive sector driven by the surge in electric vehicle sales.

Batteries Segment Captured Dominant Share Owing to Growing Electric Vehicle Sales

Based on application, the market is categorized into batteries, glass & ceramics, lubricant, polymers, metallurgy, medical, air treatment, and others. The batteries segment captured the dominant global lithium market share in 2023 and is expected to maintain its leadership in the years ahead. Growing electric vehicle sales, fueled by increasing disposable income and changing user preferences, are anticipated to propel the lithium-ion battery segment's growth.

Heavy Demand for Electric Vehicles (EVs) to Fuel Automotive Industry Segment Growth

Based on end-user, the market is segregated into automotive, consumer electronics, industrial, energy storage, and others. The automotive sector led the global market, influenced by the heavy demand for Electric Vehicles (EVs) and the increasing preference for clean energy, which is anticipated to fuel product demand during the forecast period.

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 a detailed study of the market and highlighted several critical areas, such as leading products, end-users, applications, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Rising Demand for EVs and LiBs to Boost Market Growth

The automotive sector is rapidly evolving, which affects the Electric Vehicle (EV) market. EVs are created to substitute traditional cars due to advancements in technology, reduced carbon emissions, and decreased maintenance expenses. Some advantages of EVs include the convenience of home charging, quieter operation, and improved fuel efficiency. Indeed, EVs generate 40% less CO2 than internal combustion vehicles throughout their lifespan. LiBs are commonly utilized in fully electric and plug-in hybrid vehicles since they are economically viable and possess a high energy density. The rising demand for EVs and LiBs is expected to boost lithium market growth in the coming years.

However, lithium extraction can have large negative effects on society and the environment. This is mainly because it can lead to water being used up and polluted, which limits market growth.

R egional Insights:

Increased Product Adoption by Various Industries to Drive Asia Pacific Market Growth

Asia Pacific market is expected to account for a maximum share of global sales revenue. The growth of the region is due to increasing product use in various industries such as automotive, power, consumer electronics, and chemical, combined with the strong presence of lithium producers in developing nations such as China, Japan, and India.

The North American region is set to witness notable growth in the coming years. The increasing preference for clean energy driven by strict regulatory standards is propelling market growth in the region. Additionally, the surge in solar panel adoption has stimulated a considerable demand for cells and batteries for energy storage, driving further growth in the region.

Competitive Landscape:

Leading Companies to Incorporate Organic and Inorganic Expansion Strategies to Maintain Their Market Shares

The global market is characterized by consolidation, with top companies holding dominant shares. The leading companies operating in this industry include SQM, Albermale Corporation, Tianqi Lithium Corporation, and Arcadium Lithium Co, Ltd. These firms are increasing their focus on incorporating organic and inorganic expansion strategies to maintain their market shares.

Information Source:  https://www.fortunebusinessinsights.com/lithium-market-104052

KEY INDUSTRY DEVELOPMENTS

August 2024 : Arcadium Lithium acquired Li-Metal’s lithium metal business for USD 11 million to enhance production capabilities and sustainability. This acquisition includes intellectual property and facilities, supporting demand for advanced battery materials and enabling innovative lithium metal production methods.

January 2023 : Ganfeng Lithium Co., Ltd. announced an investment of USD 2.14 billion in two new battery factories to increase its production capacities by 34 GWh. This facility will add to manufacturing, which is expected to grow to around 100 GWh annually.

According to Fortune Business Insights, The global   antimicrobial textiles market   size was USD 10.43 billion in 2023 and is projected to grow from USD 10.98 billion in 2024 to USD 16.70 billion by 2032 at a CAGR of 5.2% during the 2024-2032 period. North America dominated the antimicrobial textiles market with a market share of 36.15% in 2023. 

The antimicrobial textiles market has gained substantial momentum in recent years, driven by rising awareness around hygiene, infection control, and personal health. These textiles are engineered with active agents—such as silver ions, copper, zinc, and synthetic or natural compounds—that inhibit the growth of bacteria, fungi, and viruses. Their widespread use in healthcare, sportswear, home textiles, and personal protective equipment (PPE) has positioned antimicrobial fabrics as a critical innovation in the global textile industry. Factors such as the rising prevalence of hospital-acquired infections, increased demand for hygienic products, and advancements in smart and sustainable textiles are key contributors to this growth trajectory.

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LIST OF KEY COMPANIES PROFILED

• Milliken & Company (U.S.)
• Trevira GmbH (Germany)
• UNITIKA LTD. (Japan)
• PurThread Technologies, Inc. (U.S.)
• Herculite (U.S.)
• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• Microban International, Ltd. (U.S.)
• Biocote Limited (UK)
• Sanitized AG (Switzerland)
• Other Players

Key Market Drivers

1. Rising Healthcare Demands

Healthcare applications are the dominant force behind the market's expansion. The growing need for antimicrobial scrubs, surgical gowns, bed linens, and curtains in hospitals is driving the adoption of advanced textile solutions that reduce infection risks.

2. Technological Advancements

Innovation in nanotechnology, smart fabrics, and biodegradable antimicrobial agents is expanding the functional range of textiles. The development of long-lasting, wash-durable coatings is enhancing fabric performance across industries.

3. Eco-friendly Alternatives

Rising environmental concerns are prompting companies to develop bio-based and sustainable antimicrobial agents. These alternatives offer lower toxicity, biodegradability, and regulatory compliance, appealing to both regulators and consumers.

Market Segmentation

By Active Agent

• 
  

  Synthetic Agents : Triclosan, quaternary ammonium compounds

• 
  

  Metallic Agents : Silver, copper, and zinc-based compounds

• 
  

  Bio-based Agents : Chitosan, herbal extracts, essential oils

By Fabric

• 
  

  Cotton : Most widely used due to high susceptibility to microbial growth

• 
  

  Polyester : Preferred in activewear due to durability and lower moisture retention

• 
  

  Blended Fabrics : Provide a balance between comfort and antimicrobial protection

By Application

• 
  

  Medical Textiles : Surgical gowns, wound dressings, bed linens

• 
  

  Sports and Activewear : Odor control and hygiene benefits

• 
  

  Home Textiles : Antimicrobial curtains, bed sheets, towels

• 
  

  Protective Wear : Reusable masks, gloves, and PPE kits

Regional Insights

• 
  

  North America : Leads the market due to robust healthcare infrastructure, strong R&D investments, and regulatory standards.

• 
  

  Asia-Pacific : Fastest-growing region with rising textile manufacturing capabilities and healthcare investments in countries like China and India.

• 
  

  Europe : Focuses on sustainable textile solutions driven by environmental regulations and consumer demand.

Trends and Innovations

• 
  

  Smart Antimicrobial Textiles : Integration of sensors and self-cleaning technology is emerging in premium applications.

• 
  

  Antiviral Textiles : New developments are focused on textiles that can deactivate viruses on contact, including SARS-CoV-2.

• 
  

  Photodynamic Antimicrobial Coatings : Activated by light to destroy microbes, offering non-leaching, durable protection.

• 
  

  Sustainable Solutions : Increasing focus on plant-based antimicrobial agents and recyclable fabrics

Challenges

• 
  

  High Costs : Advanced antimicrobial treatments increase production costs.

• 
  

  Regulatory Compliance : Stricter global regulations around chemical use in textiles can limit certain agents.

• 
  

  Durability Concerns : Some antimicrobial finishes lose effectiveness after repeated washing, affecting consumer trust.

• 
  

  Consumer Misconceptions : Education is needed to differentiate truly antimicrobial products from standard treated textiles.

Future Outlook

The future of the antimicrobial textiles market is promising. Growth will be fueled by expanding applications in healthcare, home, and apparel, coupled with innovations in biodegradable and smart materials. Emerging economies offer significant opportunities due to growing healthcare needs and investments in textile manufacturing. With rising demand for hygiene-focused solutions, the industry is well-positioned for sustained growth through 2032.

Information Source:  https://www.fortunebusinessinsights.com/antimicrobial-textiles-market-102307

KEY INDUSTRY DEVELOPMENTS

• October 2022 -  Noble Biomaterials recently introduced a new product named Ionic+ Botanical. This product is a fabric treatment solution that helps to prevent the growth of microbes and eliminates bad odors. The product uses a renewable citric-based technology that is currently awaiting EPA approval. The fabric finish is rated to last up to 50 wash cycles due to its advanced textile technology.
• June 2020 -  Murata Manufacturing Co., Ltd. and Teijin Frontier Co., Ltd. jointly developed the world's first piezoelectric fabric called "PIECLEX," which generates electrical energy and exhibits antimicrobial properties. These two companies formed a joint venture for the research, development, manufacture, and sale of this groundbreaking fabric.