According to Fortune Business Insights, The global   activated carbon market   was valued at USD 5.70 billion in 2024 and is anticipated to expand from USD 5.62 billion in 2025 to USD 10.04 billion by 2032, reflecting a CAGR of 8.7% over the forecast period. In 2024, Asia Pacific led the market, accounting for 40.7% of the global share. Meanwhile, the U.S. market is expected to reach USD 2.00 billion by 2032, driven by rising demand across water purification, air filtration, and diverse industrial applications.

Activated carbon, also referred to as activated charcoal, is widely recognized for its excellent adsorption capabilities. It is extensively used in applications such as air treatment, water purification, and various industrial processes. The market has witnessed notable growth, largely driven by rising environmental concerns and the enforcement of stringent regulatory standards. Increasing awareness around sustainability and the implementation of strict emission control guidelines continue to fuel demand for activated carbon.

Fortune Business Insights™ displays this information in a report titled, "Activated Carbon Market, 2025-2032."

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List of Key Companies Profiled In the Report:

• Osaka Gas Chemicals Co., Ltd. (Japan)
• Donau Carbon GmbH (Germany)
• Cabot Corporation (U.S.)
• PURAGEN ACTIVATED CARBONS (U.S.)
• CARBOTECH AC GMBH (Germany)
• Kuraray Co., Ltd. (Japan)
• KUREHA CORPORATION (Japan)
• Activated Carbon Technologies (Australia)
• Silcarbon Aktivkohle GmbH (Germany)
• Ingevity (U.S.)
• Iluka Resources (Australia)
• James Cumming & Sons (Australia)
• Universal Carbons (India)

Segmentation:

Granular Carbon to Gain Traction Due to its Rising Use in Many End-use Industries

Based on type, the global market is segmented into powdered, granular, and others. The Granulated Activated Carbon (GAC) segment is the fastest-growing segment as this type of carbon finds major usage in several industries, such as air & gas purification and water treatment.

Activated Charcoal to be Increasingly Used in Water Treatment Applications Due to Rising Industrial Activities

Based on application, the market is categorized into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare treatment, and others. The water treatment segment held the largest activated carbon market share in 2022 as the product is widely used in water treatment applications to eliminate organic compounds and toxic substances.

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

Report Coverage:

The report studies the market in detail and underlines critical aspects, such as key product types, applications, and top market players. The report also offers valuable insights into the market’s drivers, trends, and prominent industry developments. Besides the abovementioned factors, the report also lists other factors that have helped the market grow.

Drivers and Restraints:

Growing Adoption of Air Purification Systems to Accelerate Market Growth

Air pollution is becoming a major cause of concern globally as it is one of the primary causes of many severe health problems. Individuals in residential areas are suffering from breathing difficulties due to the lack of clean air. This is why many people are opting for air purification systems, which contain activated carbon to absorb the tiniest pollutants and impurities present in the air, providing them with clean, breathable air.

However, rising prices of raw materials to make activated charcoal and their shortage may impede activated carbon market growth.

Regional Insights:

Asia Pacific Dominates Due to Presence of Major Active Carbon Consuming Countries

Asia Pacific dominated the global market in 2022 and might retain its dominance during the forecast period as region has two major active carbon consuming countries – India and China. These countries are using this type of carbon in water treatment applications to cater to the growing need for safe and potable water.

North America has also showcased major growth as this product is being widely used in air and water purification applications.

Information Source:  https://www.fortunebusinessinsights.com/activated-carbon-market-102175

Competitive Landscape:

Key Market Players to Offer Sustainable Purification Solutions to Boost Their Presence

Some of the key companies operating in this market include Cabot Corporation and Kuraray Co. Ltd. These firms are focusing on providing sustainable purification solutions to various industries, such as oil & gas, water treatment, and food & beverage, which will help them strengthen their market position.

Notable Industry Development:

• May 2024 –  Kuraray Co., Ltd. along with its U.S. subsidiary Calgon Carbon Corporation is set to acquire Sprint Environmental Services, LLC’s industrial reactivated carbon business.
• March 2023 –  Cabot Corporation launched the EVOLVE technology program that is involved in advancing sustainable reinforcing carbons. The purpose of the new technology launch was to recover the carbon product from the end-life tiers to renew the waste and reduce the carbon content.

The global   laminate flooring market   size is set to experience dynamic growth in the upcoming years owing to the increasing number of residential buildings across the world, observes   Fortune Business Insights™   in its report, titled “ Laminate Flooring Market, 2025-2032”.  Laminate flooring is a multi-layered product manufactured through the lamination process. Its top surface, typically made of melamine and aluminum oxide, provides durability with resistance to scratches and moisture. Owing to its easy installation and low maintenance, laminate flooring has gained significant popularity in modern construction. Moreover, the rising volume of commercial construction projects worldwide is expected to drive the growth of the global laminate flooring market.

Over the years, there has been a surging growth in the number of residential and commercial buildings across the world due to the increasing initiatives undertaken by the governments of various countries for the development of construction industry. This has resulted in a high demand for laminate flooring across several regions, which is projected to propel the growth of this market during the forecast period.

However, the change in price and the availability of raw materials is projected to hinder the growth of this market.

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Key Players Covered:

The global & regional players operating in the laminate flooring market includes, Tarkett SA, Mohawk Industries Inc., Shaw Industries Group Inc. Armstrong Flooring Inc., Beaulieu International Group

Market Segmentation:

On the basis of type, this market is classified into high-density fiberboard laminated flooring and medium-density fiberboard laminated flooring. Based on application, the market is divided into residential, commercial, and industrial. In terms of geography, the market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

A wide range of commercial spaces—such as hotels, cafes, theaters, galleries, sports stadiums, and boardrooms—are increasingly adopting laminate flooring due to its cost-effectiveness, low maintenance needs, and ability to endure heavy foot traffic. Growing construction projects across various countries are expected to create new opportunities for market expansion in the coming years. However, fluctuations in raw material prices and limited availability remain major challenges for laminate flooring manufacturers, posing obstacles to overall market growth.

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 Number of Hotels and Cafes across the World to Fuel the Market

With the growing number of hotels, cafes, and theatres around the world, there has been a rising demand for laminate flooring that is cost-efficient and can provide attractive look to the interiors of the hotel or café. Further, the laminate flooring requires less maintenance and also possesses the ability to withstand heavy traffic. Thus, this is a major factor responsible for the growth of this market across several regions.

Regional Insights:

Increasing Urbanization Rate to Boost the Asia Pacific Market Growth

The Asia Pacific region is projected to witness substantial growth in the laminate flooring market share on account of the rising urbanization rate and growing construction sector in the countries such as India, China, Japan, and others.

Europe is anticipated to grow steadily in this market owing to the increasing number of laminate flooring manufacturing companies in the countries such as the UK, Germany, France, and others.

Information Source:  https://www.fortunebusinessinsights.com/laminate-flooring-market-104891

Competitive Landscape:

Rising Investments by Key Players to Animate Competition

The leading companies in the laminate flooring market are focusing on increasing their investments for the manufacturing of laminate flooring due to a high demand for such flooring from the construction industry. This has resulted in the increasing competition among key companies which will help them to expand their product portfolio and widen their market footprint.

Laminate Flooring Industry Developments

• In January 2018, Tarkett invested USD 85.9 million to expand its Luxury Vinyl Tiles production capacity in Europe and North America. This investment was done to meet the increasing demand for modular vinyl flooring in these regions 
• In November 2017, Mohawk Industries purchased the Godfrey Hirst Group (Australia),  largest manufacturer of carpets, with the goal of expanding its overseas operations. This aquisition helped Godfrey Hirst's production, marketing and distribution leadership to complement Mohawk's existing distribution and product range. 

According to Forrtune Business Insights, The global   fly ash market   was valued at USD 13.51 billion in 2023 and is forecast to grow from USD 14.31 billion in 2024 to USD 23.85 billion by 2032, representing a compound annual growth rate (CAGR) of 6.6% over the forecast period. The Asia–Pacific region led the market in 2023, holding a 74.69% share. In the United States, the fly ash market is also expected to expand, reaching an estimated USD 1.07 billion by 2032, driven largely by demand from cement, concrete and road-construction applications.

Fly ash, also known as flue ash, is a fine particulate byproduct released during coal combustion and collected using emission control systems such as scrubbers, electrostatic precipitators, or fabric filters. Thermal power plants generate vast quantities of this ash, and its disposal has long posed significant environmental challenges. Historically, fly ash was regarded as a low-value material, primarily used for landfilling. However, in recent years, its application in cement manufacturing has emerged as a key advancement, as fly ash serves as a pozzolanic additive that enhances the performance of cement.

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List of Key Players Profiled in   the Report :

• Boral Ltd. (Australia)
• Cemex S.A.B. De C.V. (Mexico)
• Holcim Ltd. (Switzerland)
• Charah, LLC. (U.S.)
• Titan America LLC (U.S.)
• Cement Australia Pty Limited (Australia)
• Salt River Materials Group (U.S.)
• Southeastern Fly Ash Company (U.S.)
• Tarmac Holdings Limited (U.K.)
• Aggregate Industries (U.K.)

Segments:

Class F Segment to Dominate Global Market Owing to Advantage of Less Heat Generation

By type, the market is bifurcated into Class F and Class C. Class F ash is created from bituminous and anthracite coals. This class consists of silica and alumina and lower calcium content. The Class F segment is expected to lead the market due to its advantages such as increased compressive strength and less heat generation.

Cement & Concrete Segment Leads the Market Due to Increased Demand from Construction Sector

Based on application, the market is categorized into cement & concretes, fills & embankments, waste stabilization, mining, oil field service, road stabilization, and others. The cement & concrete segment is anticipated to dominate the global market share due to rising product demand in the construction industry.    

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

Report Coverage:

The report provides insightful data regarding recent trends and advancements in the market. The impact of the COVID-19 pandemic on market expansion has been mentioned along with recent business development strategies adopted by the leading players. Also, drivers and restraints affecting the market growth during the forecast period are highlighted further in this report. Regional insights on segmented areas are given and a list of key market players is mentioned further.

Drivers & Restraints:

Rising Commercialization & Industrialization to Augment Market Growth

The market is expected to grow significantly during the forecast period due to the increasing utilization of fly ash in ceramics. Also, rising renovation and replacement activities are expected to drive market growth in the coming years. Furthermore, increasing product demand from the construction industry is anticipated to fuel the market growth. The rising industrialization and commercialization activities are projected to bolster market development and expansion.

However, poor ash quality and issues pertaining to unavailability may hamper the market growth during the forecast period.

Regional Insights:

Asia Pacific Dominates the Global Market Due to Emerging Construction Industry

Asia Pacific dominates the global fly ash market share due to increasing demand for the product from the cement industry. Also, leading companies in the region are expected to fuel the regional market growth.

Europe holds the second-highest global market share due to the rising demand for civil engineering and construction materials, which is anticipated to fuel the regional market growth. Furthermore, rapid infrastructure development in developed countries is expected to propel industry growth.     

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087

Competitive Landscape:

Leading Companies to Augment Growth by Forming Business Agreements

The leading players in the global market focus on forming business agreements with supporting companies to expand their business reach and improve their performance. The companies adopt recent technologies to launch new products to meet customer demands and ensure customer satisfaction. These factors ensure enhanced brand image to strengthen industry footing.

Key Industry Development:

• May 2024 –  Bharat Aluminium Company Limited partnered with Shree Cement Limited to supply 90,000 metric tons of fly ash for low-carbon cement production, highlighting industry efforts toward sustainability.
• April 2022 –  Charah Solutions completed the full Acquisition of Cheswick Generating Station. Also, it has acquired related facilities from GenOn for sustainable environmental remediation and redevelopment of properties.

According to Fortune Business Insights, The global   natural fragrance market   is projected to witness significant growth in the coming years, driven by shifting lifestyles and rising consumer preference for light, organic products. Natural fragrances are derived from organic and naturally occurring sources in the environment. The human body interacts with these aromatic molecules either through the olfactory system or by absorption through the skin.

The demand for natural fragrances is increasing as consumers become more aware of the benefits of using natural over synthetic alternatives, particularly due to their lower toxicity. Essential oils and natural extracts remain the primary sources used to impart fragrance to perfumes and other products. Since many natural fragrance ingredients are rare and difficult to obtain, they hold greater value compared to synthetic counterparts. The report is titled, “ Natural Fragrance Market Size, Share & Industry Analysis, By Ingredient (Essential Oils, Natural Extracts), By Type of Scent (Top note, Middle Note, Base Note), By Application (Fine Fragrances, Personal Care & Cosmetics, Household Care) Others and Regional Forecast, 2025-2032.”

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Some of the Key Players of the Natural Fragrance Market include:

• Fragrance Oils (International) Limited
• Alpha Aromatics
• Robertet SA
• Royal Aroma
• Symrise
• Agilex Fragrances
• Carmi Flavor & Fragrance Co., Inc.
• Givaudan SA
• Ogawa & Co.Ltd.
• Lebermuth, Inc.
• MJ Biopharm Pvt. Ltd
• Multiflora
• Firmenich SA

What Are the Highlights of the Report?

The report offers a comprehensive overview of the market and highlights the vital factors promoting, repelling, challenging, and bringing new opportunities for the market. It also discusses the current trends, recent industry developments and various interesting insights that will help financers accordingly invest in the market for the future. The report also mentions the names of major segments and the prominent players operating in the market. For more information on the report, refer to the company website.

Drivers & Restraints-

Low-Toxicity Characteristics of Natural Fragrance to Augment Growth

The rising demand for natural ingredients in fragrances from various end-user products is a key factor in promoting the global natural fragrance market growth. In addition to this, natural fragrance is long-lasting and have low toxicity as compared to the synthetic fragrance. Therefore, it’s increasing popularity will aid in the expansion of the market. Besides this, the increasing demand for strong musk-scented and earthly scented perfumes will bode well for the market in the forecast period.

On the flip side, the fact that natural fragrances are quite similar to one another neutralizes the brand essence when it comes to various players operating in the market. Moreover, the manufacturing of natural fragrance is time-consuming and more expensive, as compared to synthetic perfumes. The factors mentioned above may cause significant hindrance to the market in the long run.

Segment:

The market is categorized into:

The market for natural fragrance is categorized based on ingredient, type of scent, and application. The ingredient segment is bifurcated into natural extracts and essential oils. The kind of scent segment is classified into the base note, middle note, and top note. The application segment is grouped into household care, personal care and cosmetics, and fine fragrances.

Regional Analysis-

Europe Dominating Market Attributable to Rising Consumer Preference

Regionally, Europe earned the largest natural fragrance market share and emerged dominant. Growth of this region is attributed to the changing lifestyle and increasing consumer preference towards naturally scented end-user products. North America follows Europe on account of the increasing number of premium consumers in the region. Furthermore, Asia Pacific will exhibit the fastest CAGR in the forecast years on account of increasing disposable incomes of people in the developing nations, coupled with a rise in the exposure of adopting premium perfume brands with natural flavours.

Information Source:  https://www.fortunebusinessinsights.com/natural-fragrance-market-102359

Competitive Landscape-

Players Investing in Product Development and New Launches to Gain Prominent Position

The global market for natural fragrance is highly fragmented on account of the presence of many players. Most of them are investing in the development of premium quality fragrances with a natural essence. The other players are engaging in strategic collaborations, such as contracts and agreements, joint ventures, and others. These schemes are likely to help the players gain a competitive edge in the market.

Major Industry Developments of the Market for Natural Fragrance include:

• November, 2019,  – Givaudan, a manufacturer of wide range fragrances, announced the acquisition of US based flavour, Fragrance and Specialty Ingredients company- Ungerer & Company.
• September, 2019,  – Firmenich S.A., a Switzerland based premium fragrance and ingredients manufacturer, announced the acquisition of minority stake of 17% in the France based natural ingredient company Robertet.

According to Fortune Business Insights, The global   injection molded plastics market   was valued at USD 387.51 billion in 2023 and is expected to increase from USD 403.85 billion in 2024 to USD 561.58 billion by 2032, registering a CAGR of 4.2% during 2024–2032. Asia Pacific held the leading position in 2023, accounting for 49.25% of the market share. In the United States, the market is forecast to witness substantial growth, reaching USD 65.32 billion by 2032, fueled by strong demand across the electrical & electronics and medical sectors.

Injection molding is a widely used manufacturing process for producing plastic components. It finds applications across several industries, including automotive, packaging, building & construction, electrical & electronics, medical, and more. Among these, the packaging industry represents the largest application area, where injection molding is utilized to manufacture containers, food packaging, cosmetic and pharmaceutical bottles, as well as various types of closures.

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List of Key Players Covered in the Report

• BASF SE (Germany)
• Dow Inc. (U.S.)
• DuPont (U.S.)
• HTI Plastics (U.S.)
• LyondellBasell (Netherlands)
• Coastal Plastic Molding, Inc. (U.S.)
• Huntsman Corporation. (U.S.)
• Magna International Inc.(Canada)

Report Coverage

We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

Segmentation

On the basis of resin, the global market for injection molded plastics is bifurcated into Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others.

Based on application, the market is further divided into Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others. The packaging segment held the largest share in this market. This segment is driven by food & beverages, pharmaceutical, and retail applications.

In terms of geography, the market for injection molded plastics is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers and Restraints

Innovation in Injection Molding Technologies is a Prominent Trend

There has been incessant improvement in technologies regarding injection molding such as the increasing predisposition towards incorporated method to product design which has accentuated the production operation. This has further tapered down the space between the structuring and production stage, principally in case of complicated products, such as medical apparatuses. This is famously known as micro injection molding in production of medical apparatuses where the procedure is engaged at a microscopic level. This is expected to boost the injection molded plastics market growth during the forecast period.

Regional Insights

Escalating Product Demand to Boost Growth in Asia Pacific

Asia Pacific is estimated to hold majority of the injection molded plastics market share and endure as a dominant region in the market during the mentioned period owing to the increasing demand for the product from the packaging and automobile industries. The market size of Asia Pacific was USD 162.98 billion in 2020.

The demand for injection molded plastics in North America is projected to upsurge owing to an abrupt demand from the packaging and electronics industries based in this region.

Europe is expected to hold a substantial share in the market. Growing demand for appropriate packaging for food and beverages have prolonged the visualization of packaging goods producers.

Information Source:  https://www.fortunebusinessinsights.com/injection-molded-plastics-market-101970

Competitive Landscape

Key Players to Fortify their Positions by Offering New Product Solutions

Principal producers are situated in Asia Pacific, which is leading to a bifurcated injection molding market. The manufacturers positioned in North America and Europe are concentrating towards reinforcing their market positions in several nations in Asia Pacific set to fuel the growth of their respective establishments. Fundamental players in the market such as BASF SE, HTI Plastics, DuPont, and others have advanced robust regional attendance, distribution channels, and product offerings.

Key Industry Development

• February 2024:  Kreate announced its takeover of a supplier of injection molded plastics based in Georgetown, TX.  The move is anticipated to significantly enhance the production capacity of the company and enhance its logistics network.
• August 2020:  Avient Corporation (Formerly PolyOne) introduced injection moldable thermoplastic elastomers to its Versaflex series. The product was formulated without animal derivatives and is able to serve a variety of medical device applications.

According to Fortune Business Insights, The global   metal forging market   was valued at USD 78.05 billion in 2023 and is expected to expand from USD 67.43 billion in 2024 to USD 94.88 billion by 2032, registering a CAGR of 4.4% during the forecast period. Asia Pacific held the largest share, accounting for 44.61% of the market in 2023. In addition, the U.S. metal forging market is anticipated to reach USD 13.96 billion by 2032, driven by rising demand from the automotive, aerospace, and industrial machinery sectors.

Metal forging is a manufacturing process that shapes metal through localized compressive forces. This technique is vital for producing components with exceptional strength, durability, and precision, making it indispensable in industries such as automotive, aerospace, energy, and construction. Commonly forged materials include steel, aluminum, titanium, and various alloys, each chosen to meet the unique performance requirements of specific applications.

Fortune Business Insights™   mentioned this in a report titled “ Metal Forging Market, 2024-2032 .”

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Segments-

Carbon Steel Remains the Leading Segment due to High Demand from Various End-User Industries

On the basis of raw material, the market is segmented into carbon steel, alloy steel, stainless steel, aluminum, magnesium, titanium, and others. The carbon steel segment held the major share in 2022. Carbon steel is a widely used alloy in various end-user industries, including general manufacturing, automotive, industrial, and others.

Open Die Segment to be Rapidly Growing Due to High Product Demand

Based on technology, the market is divided into open die, closed die, and others. The closed die segment dominated the market. Closed die forging offers exceptional strength as compared to alternative methods.

Automotive to Lead End-User Segment Due to High Product Demand

The market is fragmented into aerospace & railways, automotive, mechanical equipment, and others, based on end-user. The automotive segment led the market in 2022 and is anticipated to dominate the market share in 2030. The automotive industry is one of the prime consumers of forged products such as engines, frames, gear components, drive shafts, clutch, and others.

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

List of Key Players Present in the Report :

• Wyman Gordon (U.S.)
• Shultz Steel (U.S.)
• Consolidated Industries, Inc. (U.S.)
• Pacific Forge Incorporated (U.S.)
• Otto Fuchs KG (Germany)
• Weber Metals California (U.S.)
• ATI Ladish LLC (U.S.)
• Patriot Forge Co. (Canada)
• Arconic Corporation (U.S.)
• Alcoa Corporation (U.S.)
• voestalpine BÖHLER Aerospace GmbH & Co KG (Austria)
• China National Erzhong Group Deyang Wanhang Die Forging Co., Ltd. (China)

Report Coverage-

The report offers:

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

Drivers & Restraints-

Growing Demand for Titanium for the Production of Aircraft Components to Propel the Market Growth

Rising population, urbanization, and the surging pace of transportation & tourism are the key drivers of the aerospace industry growth. The aerospace industry uses forged materials to produce components for landing gear, airframe structure, and engine components, and other aerospace applications, thereby driving the metal forging market growth. Titanium alloys and commercially available titanium are majorly used for aircraft manufacturing that features a density than 60% of steel with better strength and effective corrosion resistance.

Forging and casting are the two most famous metal transformation and manufacturing processes to create parts and components for various end-use industries. Forging has limitations in terms of thickness of the metal and product size.

Regional Insights-

Asia Pacific to Dominate the Market Due to the Presence of Major Metal Forging Nations

Asia Pacific dominated the largest metal forging market share in 2022 and is the fastest-growing region due to the presence of major metal forging nations such as Japan, China, and India. Furthermore, rising manufacturing capabilities of end-use industries such as general manufacturing and automotive are major factors driving the regional growth.

Europe is anticipated to witness subsequent growth by the end of the projected period. The growth in this region is due to increasing adoption of forged metal in automotive applications.

Information Source:  https://www.fortunebusinessinsights.com/metal-forging-market-103175

Competitive Landscape-

Business Expansion is a Strategic Initiative Implemented by Companies

The global market is fragmented in nature. The prominent strategies major companies adopt include new product launches to increase their regional presence and improve their portfolio. The market comprises players, such as ThyssenKrupp AG, Bharat Forge, and Schuler AG, which will strive to consolidate their position during the projected period.

Key Industry Developments:

• February 2024:  Ovako and Tibnor, well-known material manufacturing and distributing companies, announced a strategic partnership to promote low-carbon footprint solutions in steel production. Various industrial players are committing to science-based environmental targets, while legislative representatives are insisting companies decrease their emissions or face the true cost of pollution.
• May 2023:  Arconic Corporation announced a definitive agreement to be acquired by the Apollo Global Management Inc. fund holders in an all-cash transaction deal with the approximate value of USD 5.2 billion. This deal would provide Arconic with access to one of the world's premier investment firms and deliver substantial value to customers and the end users of their products.

According to Fortune Business Insights, The global   flooring market   is projected to grow from USD 439.27 billion in 2025 to USD 646.70 billion by 2032, reflecting a CAGR of 5.7%. The market was valued at USD 416.56 billion in 2024, with the Asia-Pacific region leading global share at 52.39% that year. The U.S. flooring market is also expected to expand notably, reaching an estimated USD 39.25 billion by 2032.

Bullet summary:

• 2024 market value: USD 416.56 billion.
• Forecast: USD 439.27 billion in 2025 → USD 646.70 billion by 2032.
• CAGR (2025–2032): 5.7%.
• 2024 regional leader: Asia-Pacific (52.39% market share).
• U.S. market projection: ~USD 39.25 billion by 2032.

Flooring is a material that is applied to a subfloor structure to arrange a walking surface. The flooring products utilized are vinyl tiles, ceramic, carpets, and laminates, delivering a clean, smooth, attractive, and hard surface to the floor. The surging new construction facilities propel market growth.

Fortune Business Insights™   mentions this in a report titled, “ Flooring Market, 2025-2032 .”

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Flooring describes finishing materials installed over a structural subfloor to create a durable, walkable surface. These products are engineered to resist dents, scratches and moisture and to be easy to clean and maintain. Common types include ceramic tile, carpet, vinyl tile and laminate, all of which deliver a smooth, hard, hygienic and attractive finish. Because of these advantages, flooring is widely specified for both renovation projects and new residential and non-residential construction. Growing new-build activity and rising demand for housing, healthcare facilities and commercial spaces are primary drivers of market growth.

Segments

Growing Need for Easy-to-Install Floor Coverings to Drive Non-Resilient Segment Growth

Based on type, the market is segmented into non-resilient, resilient, and carpets & rugs. The non-resilient segment held the largest flooring market share in 2023. The segment’s growth is attributed to the surging demand for easy-to-install floor coverings.

Increasing Disposable Income of People to Drive Residential Segment Growth

By end-use, the market is segmented into residential, commercial, and industrial. The residential segment is dominating the market. The growth is attributed to the growing population and the growing disposable income of consumers globally.

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

List of Key Players Present in the Report :

• Mohawk Industries, Inc. (U.S.)
• Shaw Industries Group, Inc. (U.S.)
• TARKETT S.A. (France)
• Armstrong Flooring, Inc. (U.S.)
• Forbo Flooring Systems (Netherlands)
• Gerflor (France)
• Interface, Inc. (U.S.)
• Beaulieu International Group (Belgium)
• Toli Corporation (Japan)
• Milliken & Company (U.S.)
• Congoleum (U.S.)
• Flowcrete (U.K.)
• James Halstead (U.K.)

Report Coverage

The report offers:

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

Drivers & Restraints

Augmenting Global Population to Drive Market Expansion

The surging population globally, further generating significant demand for the housing facilities drive the flooring market growth. The increasing focus of many manufacturers on delivering suitable aesthetic surface solutions and maintaining the house's interior, fulfilling the specifications related to impact resistance, durability, and strength to propel the market growth.

However, the reduced availability and price volatility of the petroleum-based raw materials used to produce products, including vinyl surfaces for floors, may impede market expansion.

Regional Insights

Increasing Planned Investments to Drive Market Expansion in Asia Pacific

Asia Pacific holds the largest market share and accounted for USD 205.76 billion in annual revenue during 2023. The region’s growth is driven by rapid industrialization, rising planned investments, and structure policies for construction activities in Asia Pacific nations, such as India, China, and others.

Europe is witnessing significant growth in the market. The growth is attributed to the increasing consumer preference and expenditure toward luxurious living spaces in the region.

Information Source:  https://www.fortunebusinessinsights.com/flooring-market-102740

Competitive Landscape

Growing Focus of Major Market Players on Acquisitions to Drive Market Growth

The flooring market consists of many key players globally. The increasing adoption of acquisitions, new product development, and joint ventures to expand their product portfolio and regional presence drives market growth.

Key Industry Development

• May 2023 –  Shaw Industries announced the installation of innovative solar technology at its carpet tile manufacturing facility. This move shows the company's commitment to sustainability and reducing its carbon footprint. By utilizing renewable energy sources, Shaw Industries is taking a proactive step toward protecting the environment and ensuring a cleaner future for future generations.

According to Fortune Business Insights, The global   diamond market   was valued at   USD 97.57 billion in 2024   and is expected to expand from   USD 102.10 billion in 2025   to   USD 138.66 billion by 2032 , registering a   CAGR of 4.5%   over the forecast period. In 2024,   North America led the market , accounting for   55.33% of the global share . The U.S. diamond market, in particular, is set to experience strong growth, with its value projected to reach   USD 68.64 billion by 2032 , fueled by the rising global demand for jewellery.

Diamonds are one of the hardest materials on earth and are well-known as a gemstones. The growth of the market is credited to the surging demand for jewellery and its use in industrial applications. The product is widely used due to its extreme hardness. It is also used for research purposes to study the unique qualities of diamonds. 

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Segmentation:

Synthetic Segment to Capture Largest Share Due to Expansion of Construction Sector

As per type, the market is divided into natural and synthetic. Among these, the synthetic segment dominated the market owing to their cost-effectiveness and easy availability. The growth of the construction industry is also driving segment growth as synthetic stones are used in cutting and drilling tools. Moreover, it helps in decreasing production costs as maintenance costs of synthetic stones are low. Synthetic diamond consumption has increased in the jewellery sector as the trend for western weddings increased which is further propelling segment expansion.

Rough Segment Dominated the Market Owing to Their Low Price

Based on product, the market is split into rough and polished. Among these, the rough segment captured the largest share backed by their low cost and growing usage in drilling equipment and cutting tools. The utilization of rough diamonds in making optical lenses for cutting the lenses will also aid segment growth.

Jewellery Segment to Hold Major Share Backed by High Disposable Income

According to application, the market can be bifurcated into jewellery and industrial. The growth of the jewellery segment is attributed to the rise in disposable income. The growing number of fashion influencers has boosted the demand for branded jewellery from youngsters which will aid segment growth in the forthcoming years.

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

List of Key Players Mentioned in the Report:

• KGK Group (China)
• De Beers (Canada)
• Rio Tinto (U.K.)
• Arctic Canadian Diamond Company Ltd. (Canada)
• Petra Diamonds (South Africa)
• Alrosa (Canada)
• Argyle (Switzerland)
• WD Lab Grown Diamonds (U.S.)
• Gem Diamonds (U.K.)
• Sagar Diamonds (India)

Report Coverage:

The report provides crucial insights into growth trends impacting market dynamics and valuation. Moreover, the market is studied systematically by dividing it into regions and segments. Market share held, growth rate, and valuation of each segment and region is given in the document. Key players in the global market are also listed along with latest developments such as partners, collaborations, and mergers and acquisitions.

Drivers and Restraints:

Changing Consumer Preferences   and Rising Demand for Innovative Jewellery Designs to Drive Market Growth

The demand for colourful and innovative jewellery has risen significantly as consumer preferences have changed. This has created several opportunities for manufacturers of synthetic diamonds and resellers to establish their presence in the global market. The growth of online platforms has also facilitated diamond market growth as the demand for jewellery products increased owing to the consumer preference to buy online.

On the other hand, the high cost of mining diamonds due to low production, fluctuating currency prices, and changing import-export policies will act as challenges for businesses operating in this domain.

Regional Insights:

North America to Lead Owing to Surging Product Application in Making Wedding Jewellery

North America captured the dominant diamond market share in 2022 owing to growing usage of product in making wedding jewellery and the high disposable income of the region. U.S. records more than half the global demand for the product. Additionally, the region has a high number of influencers which affects product demand positively as the demand for jewellery from the youth increases thus driving market growth. 

Asia Pacific market is slated to grow significantly in the upcoming years due to the high population of China and India. China is the largest consumer of the product as western-style weddings are very popular there. Moreover, the popularity of western fashion, trends, and weddings is rising in Indonesia, Japan and others which will propel market expansion in this region.

Europe market is likely to display stellar growth trends in the forecast timeframe backed by consumer preference for expensive jewellery and high per capita income of populace. The presence of leading companies and change in lifestyle and consumer behaviour will also elevate market augmentation in the region.

Competitive Landscape:

Investments in Recovery of Unique Diamonds to Aid Market Proliferation

Leading players in the market make several strategic decisions to strengthen their market position such as product launches, improving manufacturing capacity, enhancing geographical reach etc. For instance, in September 2022, Arctic Canadian Diamond Company Ltd. announced that the company has recovered a fancy vivid yellow diamond which is the largest of its kind in Canada. The recovery of these types of the diamonds will ensure the highest revenue for the company.

Information Source:  https://www.fortunebusinessinsights.com/diamond-market-102887

Key Industry Development:

• September 2022-  Arctic Canadian Diamond Company Ltd. announced that the company has recovered a fancy vivid yellow diamond which is the largest of its kind in Canada. The recovery of these types of the diamonds will ensure the highest revenue for the company.
• May 2022-  WD Lab Grown Diamonds announced its first authorized distributor to expand its market in Chicago. The purpose of the partnership is to maximize the company’s revenue.