The Report lists the Main Companies in the Rubber Market:

• ARLANXEO (Netherlands)
• Kumho Petrochemical Co., Ltd. (South Korea)
• PetroChina (China)
• TSRC Corporation (Taiwan)
• LG Chem (South Korea)
• Versalis (Italy)
• Dow Chemicals (U.S.)
• Von Bundit (Thailand)
• Sri Trang Agro-Industry (Thailand)
• Southland Holding Lonza (Thailand)
• Vietnam Rubber Group (Vietnam)
• Tradewinds Plantation Berhad (Malaysia)
• Tong Thai Rubber Group (Thailand)
• Ravasco (India)
• Halcyon Agri (Singapore)
• Unitex Rubber (Thailand)

Market Driver :

Rising Application of Rubber in Numerous Industries to Boost Market

The growing demand for tire and other automotive parts will simultaneously spur opportunities during the forecast period. The growing utilization of rubber in wide-ranging automotive products such as tires, crap tubes, adhesives, hoses, pipes, gaskets, and roll coverings will further enhance the scope of the market. Moreover, the increasing application in footwear, industrial goods, construction, textiles, and other consumer products will aid the expansion of the market. For instance, the use of latex offers substantial protection against water, chemicals, electricity, impact, and low temperatures. Additionally, its use in a variety of textiles, and consumer products, such as bands, protective covers, mats, and others will further foster the growth of the market.

Disturbed Supply Chain to Dwindle Business Amid Coronavirus

The coronavirus incident has resulted in the shutdown of production facilities, and restrictions on transportation. The disruption in the supply and distribution can further limit the scope of the market. The major impacted countries include China, India, Germany, Italy, Brazil, and Canada. China is a major consumer of rubber. The constraint on export and import activities of industrial rubber goods and tires will act as an inhibiting factor for the development of the global market.

Regional Analysis :

Rising Construction Activities to Bolster Growth in Asia Pacific

The market size in Asia Pacific stood at USD 22.09 billion in 2019 and is expected to witness an exponential growth rate during the forecast period. The growth in the region is attributed to the rising production and consumption in India and China. Thailand is the largest producing country of natural rubber. The flourishing automotive and construction industry is predicted to enable speedy expansion of the market in the region. The market in North America is expected to rise tremendously owing to the rising demand in footwear applications. The growing automotive, chemical, and textile industries are expected to create opportunities for the market in North America.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/rubber-market-101612

Key Development :

• In July 2018, ARLANXEO launched Levapren PXL, a new ethylene-vinyl acetate rubber. The new EVM products are characterized by particularly high viscosity and easier processing, which is needed when manufacturing high-quality hoses, cable sheathings and floor coverings.
• In June 2018, Kumho Petrochemical announced the expansion of the NB Latex production capacity from 400 KT to 550 KT per annum at its manufacturing plant in Ulsan. The expansion is expected to be completed by the first quarter of 2019.

According to Fortune Business Insights, The global   fire resistant coatings market   size is expected to inflate on account of the factor that this kind of paint is widely utilized to evade any damage caused by flames or fire. Fire-resistant coatings are materials applied to surfaces to slow down or minimize the spread of fire. These coatings form a protective layer that provides adequate thickness and enhances fire resistance. Commonly referred to as intumescent paints, fire-resistant coatings expand when exposed to high temperatures, releasing gases that help prevent flames from spreading across surfaces.

This information is provided by   Fortune Business Insights , in its report titled, “ Fire Resistant Coatings Market, 2025-2032 .”

Request Sample PDF Brochure:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/fire-resistant-coatings-market-104187

Report Coverage:

The report presents a holistic study of the fire resistant coatings market along with current trends and future predictions to establish proximate investment gains. An in-depth analysis of any upcoming prospects, threats, competitions or navigating aspects is also mentioned in the report. Step by step, thorough regional review is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the jeopardies better. The prime players in the market are identified, and their strategies to boost the market growth are shared in the report.

List of Key Players Mentioned in the Report:

• Akzo Nobel N.V. (Netherlands)
• BASF SE (Germany)
• Nippon Paint Co., Ltd. (Japan)
• Sherwin-Williams Company (U.S.)
• Hempel A/S (Denmark)
• Jotun AS. (Norway)
• Contego International, Inc. (U.S.)
• No-Burn Inc. (U.S.)
• Nullifire (England)
• Pyrotech (India)
• Flame Control Coatings, LLC. (U.S.)
• Firefree Coatings, Inc. (U.S.)

Segmentation:

Based on type, the fire resistant coatings market is segmented into liquid fire resistant coatings, powder fire resistant coatings, and others.

On the basis of application, the market is classified into building & construction, oil & gas, automotive, aerospace, marine, electrical & electronics, furniture, textiles, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Drivers and Restraints:

Rising Alertness Concerning Fire Protection in Numerous Sectors to Foster Growth

The implementation of strict guidelines and norms is fueling the demand for fire-resistant coatings, as freshly constructed buildings and processing units require to meet the required safety and fire resistance standards. Bearing in mind the growth prospects, market players are concentrating on creating new and innovative products that conform with the inflexible safety and fire protection principles.

However, extended disclosure of intumescent coatings to harsh environments modifies their properties, leading to the orange-peel impact, which is a prime concern linked to the usage of these coatings. Moreover, inappropriate application and pre-application surface treatments led to sagging of the coatings on the substrates. Nevertheless, great competitiveness between chief players on the market owing to scarcity of supply also hampers the fire resistant coatings market growth.

Regional Insights:

Asia Pacific to Dominate Backed by Growing Infrastructure in Region

Asia Pacific is projected to develop speedily as a consequence of abrupt growth in emerging economies and rising shifts in regional industries. Increasing population in Asia Pacific and augmented demand in the construction sector for fire safety buildings have resulted in a robust growth in the market for fireproof coatings and is responsible for the biggest consumption.

North America is estimated to see a sturdy growth in the industry as a consequence of the upsurge in infrastructure activities and construction assignments.

Europe is projected to hold the largest fire resistant coatings market share. Modernization and prompt industrialization push the market for fire prevention coatings in developing economies as an outcome of the implementation of security guidelines previously in place in numerous European regions.

Information Source:  https://www.fortunebusinessinsights.com/fire-resistant-coatings-market-104187

Competitive Landscape:

New Product Launch by Key Players to Support Market Growth

The indispensable players implement various strategies to bolster their position in the market as dominating corporations. One such prime tactic is purchasing companies to boost the brand value among users. Another indispensable strategy is occasionally presenting innovative products with a methodical study of the market and its target audience.

Key Industry Developments:

The pandemic outbreak has collapsed the industrial sector across the globe, consequently impacting the ceiling and roofing industry. This has resulted in the application of guidelines of putting a stop on all construction and infrastructure schemes leading to disturbance in the demand-supply chain. This halt in infrastructure happenings led to a dip in product demand, therefore impacting the market growth adversely.

Request a FREE Sample Copy:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ceiling-tiles-market-105734

Report Coverage

The report presents a systematic study of the segments of this industry and a thorough analysis of the market overview. A thoughtful evaluation of the current market trends as well as the future opportunities are offered in the report. Moreover, it presents an exhaustive analysis of the regional insights and how they help to form the market growth. The COVID-19 impacts have been discussed in the report to assist investors and business owners with a better understanding of the possible threats present in the market. The report further discusses the key players and their prominent strategies to stay in the dominating position.

List of Key Players Covered in this Market Report

• Armstrong World Industries (U.S.)
• ROCKWOOL International A/S (Denmark)
• Knauf Gips KG (Germany)
• Saint - Gobain Gyproc (France)
• USG Corporation (U.S.)
• CertainTeed (U.S.)
• Odenwald Faserplattenwerk GmbH (Germany)
• SAS International (U.K.)
• Georgia-Pacific (U.S.)
• Hunter Douglas (Netherlands)
• Other Key Players

Segmentation

On the basis of material type, the global market is segregated into mineral wool, metal, gypsum, and others. In terms of region, the global market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

By application, the market is classified into residential and non-residential.

The non-residential segment was the bigger application for ceiling tiles. In this application section, the tiles are utilized in medical facilities, educational establishments, retail shops, and corporate agencies. The development in construction deeds owing to the increasing urbanization and governmental infrastructure plans is resulting in augmented ceiling tiles demand.

Drivers and Restraints

Increasing Commercial Construction Activities to Support Market Growth

Growing construction activities for commercial sectors such as hospitals & clinics, office buildings, educational institutions, and industrial complexes are driving the ceiling tiles market. The increasing preference for thermal insulation, improving aesthetics, along high disposable economy growth within the consumers is leading to demand for these tiles. The changing commercial sector and use of tiles for enhancing the overall appearance of office structures are further driving the market growth. Moreover, the medical industry is rapidly growing, which in turn is resulting in the construction of hospitals, thus leading to product demand. The application for enhancing the look of the home and outer parts of residential buildings is also a major factor driving the market.

Regional Insights

Rising Population and Commercialization to Help Asia Pacific Dominate

Asia Pacific held the maximum ceiling tiles market share and was worth USD 2.30 billion in 2020. Asia Pacific was responsible for the uppermost value in the global market during the mentioned timeframe. The growth of this region can be accredited to commercial expansion and a growing population. Most of the populace in the region are shifting to urban cities and areas on account of industrial sector growth. This has produced great product demand from both marketable and housing applications.

North America is expected to have considerable growth for the period 2021 to 2028, owing to increasing refurbishing happenings in the region. Customers are centering their attention towards refining the living circumstances through revamps, therefore resulting in high product application. Moreover, technological development in the region is further backing up firms in presenting supportable suspended tiles offerings to please the customers.

Europe is projected to have substantial growth as a consequence of rising construction activities for infrastructure expansion. This, coupled with the complimentary guidelines from the European government to advance the medical and healthcare organizations, is further augmenting the demand for these tiles.

Information Source:  https://www.fortunebusinessinsights.com/ceiling-tiles-market-105734

Competitive Landscape

Key Players and their Essential Strategies Set to Conquer International Market

Key players are frequently seen obtaining crucial tactics from their expert advisors and implementing them in order to succeed in their respective business. One such effective strategy is to launch products or expand business territories and set a footprint in the global market. For instance, in January 2021, Saint-Gobain Gyproc publicized the promotion of a manufacturing unit for ceiling tiles in India. This division has 21,000 sq. ft. and is intentionally situated for servicing the market of gypsum ceiling tiles throughout India and aid to diminish the carbon footprint and material obtainability.

Industry Development

• July 2021 –  Saint-Gobain Gyproc launched a new product namely Gyprex L in the ceiling tile category. According to the company, the product has been manufactured with a 100% recyclable gypsum core. Furthermore, the tiles require low maintenance and provide a degree of sound insulation. The new product launch helped company to enhance their product portfolio in the ceiling tiles market.

According to Fortune Business Insights, The   lignin market  is gaining traction as industries worldwide are shifting toward sustainable and bio-based solutions. Lignin, a natural polymer derived from plant cell walls and a by-product of the pulp and paper industry, has emerged as a versatile material with applications in chemicals, construction, agriculture, animal feed, and energy production. Its eco-friendly nature, coupled with rising demand for renewable resources, is driving market growth.

Lignin is a group of organic polymers that serve as a key structural component in the supporting tissues of vascular plants and algae. It plays a crucial role in the development of cell walls, particularly in wood and bark. From a chemical perspective, lignins are cross-linked phenolic polymers with a molecular mass exceeding 10,000 unified amu. They are hydrophobic in nature and characterized by a high content of aromatic subunits.

In the lignin market, manufacturers are steadily working to recover from previous setbacks. Encouragingly, the rising production and demand for concrete additives, along with the expanding application of lignin as an organic additive, are driving growth. With the growing influence of the Internet and e-commerce platforms, the market outlook appears highly promising.

Request PDF Brochure:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/lignin-market-104547

Key Players Covered:

The global Lignin market consists of global & regional players operating. Some of the key players in the market include-

• Borregaard LignoTech
• Domtar Corporation
• Aditya Birla Group
• Liquid Lignin Company LLC
• Nippon Paper Industries Co., Ltd
• Metsa Group
• Others

Market Overview

Lignin is primarily obtained as kraft lignin, lignosulfonates, and organosolv lignin. It is widely used as a dispersant, binder, adhesive, and additive in various end-use industries. Increasing demand for   green chemicals   and the growing emphasis on reducing carbon footprints are fueling investments in lignin-based products. The market is also witnessing innovation in   lignin-derived carbon fibers, resins, and bio-based polymers , which hold strong potential for replacing petroleum-based alternatives.

Key Growth Drivers

1. 
   

   Sustainability and Bio-based Economy   – Growing awareness about environmental concerns and the shift toward circular economies are driving lignin adoption.

2. 
   

   Applications in Construction and Agriculture   – Lignin-based binders and dispersants are widely used in concrete admixtures, fertilizers, and soil conditioners.

3. 
   

   Rising Demand for Renewable Energy   – Lignin’s potential as a feedstock for biofuels and bioplastics is opening new avenues for market players.

4. 
   

   Cost-effectiveness   – As a by-product of paper and pulp mills, lignin offers an abundant and low-cost raw material source.

Market Challenges

Despite its potential, the lignin market faces challenges such as:

• 
  

  Limited awareness and commercialization of lignin-based advanced products.

• 
  

  Technical difficulties in consistent large-scale production.

• 
  

  Competition from synthetic substitutes with established supply chains.

Regional Insights

• 
  

  Europe   dominates the market, driven by strong government support for bio-based products, stringent sustainability regulations, and advanced R&D activities.

• 
  

  North America   is witnessing growth due to the expansion of bio-refineries and increasing investment in lignin-based energy solutions.

• 
  

  Asia-Pacific   is expected to be the fastest-growing region, fueled by rapid industrialization, a large paper & pulp industry base, and rising infrastructure development.

Future Outlook

The lignin market is projected to expand steadily as industries continue to transition toward eco-friendly materials. With technological advancements in lignin valorization and the rising demand for   bio-based chemicals, carbon fibers, and green composites , the market is set to witness significant innovation. Strategic collaborations between paper mills, chemical companies, and research institutions will play a vital role in scaling up lignin applications.

The   lignin market   stands at the intersection of sustainability and innovation. Its versatility and eco-friendly properties make it a crucial component of the bio-based economy. As industries push toward decarbonization and resource efficiency, lignin is poised to evolve from a by-product to a valuable raw material across multiple sectors.

Information Source:  https://www.fortunebusinessinsights.com/lignin-market-104547

Lignin Industry Developments

• In June 2020, Metsa and Fortum joined forces to develop a exceptional R&D program from renewable and sustainable sources. The main objective of the joint venture is to provide high value end-products made from components like straw, lignin and hemicellulose.

According to Fortune Business Insights, The global   conductive inks market   was valued at USD 2.73 billion in 2023 and is expected to expand from USD 2.84 billion in 2024 to USD 3.98 billion by 2032, registering a CAGR of 4.2% over the forecast period. Asia Pacific led the market in 2023 with a 35.53% share, driven by strong industrial and technological growth in the region. In the U.S., the conductive inks market is anticipated to witness notable growth, projected to reach USD 497.45 million by 2032, fueled by the surging adoption of electric vehicles in recent years.

The conductive inks market has emerged as a crucial segment within the electronics and materials industry. Conductive inks are formulated with conductive materials such as silver, carbon, copper, or graphene, enabling them to conduct electricity. They are widely used in printed electronics, flexible circuits, sensors, displays, RFID tags, and energy devices. With the increasing demand for lightweight, flexible, and cost-efficient electronic components, the conductive inks market is witnessing rapid expansion.

Market Growth and Size

The global conductive inks market has experienced steady growth over the past decade, driven by advancements in electronic devices and the rising adoption of printed electronics. Growing applications in consumer electronics, automotive, healthcare devices, and renewable energy systems such as solar panels have contributed significantly to its market expansion. Analysts project the market to continue its upward trajectory, supported by the demand for miniaturized and flexible components.

Request a FREE Sample Copy:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/conductive-inks-market-106520

LIST OF KEY COMPANIES PROFILED

• DuPont (U.S.)
• Henkel AG & Co. KGaA (Germany)
• Creative Materials Inc. (U.S.)
• Heraeus Holding (Germany)
• Poly-ink (France)
• CHASM (U.S.)
• Johnson Matthey (U.K.)
• Vorbeck Materials Corp. (U.S.)
• Daicel Corporation (Japan)
• NovaCentrix (U.S.)
• Adnano Technologies Pvt. Ltd (India)
• Sun Chemical (U.S.)
• PV Nano Cell Ltd. (Israel)

Key Drivers

1. 
   

   Rising Demand for Flexible and Wearable Electronics   – Conductive inks enable the development of bendable, lightweight circuits ideal for smartwatches, health monitoring devices, and flexible displays.

2. 
   

   Growth in Renewable Energy Sector   – Photovoltaic cells and solar panels extensively use conductive inks for efficient current collection, boosting market growth.

3. 
   

   Advancements in Nanomaterials   – Innovations in graphene and nano-silver inks are enhancing conductivity, durability, and cost-efficiency.

4. 
   

   Expansion of Automotive Electronics   – Increasing use of conductive inks in sensors, touch panels, and electronic systems in vehicles drives demand.

Challenges

Despite strong growth, the market faces challenges such as high raw material costs, particularly for silver-based inks, and concerns about long-term stability in harsh environments. Additionally, competition from alternative conductive materials and manufacturing methods may restrain growth to some extent.

Conductive ink uniquely combines electrical conductivity with the versatility of traditional ink, making it suitable for a wide range of applications. It is extensively used in printing RFID tags—commonly found in modern transit tickets—as well as in computer keyboards, windshield defrosters, and automotive rear windows, where printed conductive traces function as radio antennas. Beyond automotive uses, conductive inks are also applied in printed circuit boards, photovoltaics, power electronics, and energy devices.

The increasing demand for flexible electronics is expected to be a major driver of market growth. Moreover, conductive inks designed for inkjet printing are gaining attention in the development of energy storage components like supercapacitors, which can be manufactured in virtually any size or shape, further expanding their potential applications.

Regional Insights

• 
  

  Asia-Pacific   dominates the conductive inks market, driven by strong manufacturing bases in China, Japan, South Korea, and India. The region benefits from high demand for consumer electronics and renewable energy systems.

• 
  

  North America and Europe   are witnessing steady growth due to advancements in automotive electronics, healthcare devices, and R&D investments in nanotechnology.

Future Outlook

The future of the conductive inks market looks promising, with increasing investment in advanced materials and large-scale adoption in flexible and printed electronics. Innovations such as copper-based inks to replace costly silver inks, and the integration of conductive inks in IoT devices, are expected to shape the market. Sustainable and eco-friendly inks are also gaining traction, aligning with the global push for green technologies.

The conductive inks market is at the forefront of innovation in electronics manufacturing, offering versatile and cost-effective solutions across industries. As demand for smart, flexible, and energy-efficient devices continues to grow, conductive inks will play a vital role in enabling the next generation of technological advancements.

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

KEY INDUSTRY DEVELOPMENTS

• March 2023  - - OKdo, a subsidiary of RS Group, entered into a strategic partnership with Bare Conductive company. This partnership will help the company to scale its manufacturing facility, invent new products, and better serve customers.
• July 2022  - Encres DUBUIT entered an acquisition agreement with POLY-INK company. This acquisition will help the company to increase its share in the market.

According to Fortune Business Insights, The global   polyvinyl chloride (PVC) market   was valued at USD 68.96 billion in 2022 and is projected to expand from USD 72.08 billion in 2023 to USD 95.88 billion by 2030, registering a CAGR of 4.2% during the forecast period. In 2023, Asia Pacific led the PVC market, accounting for 56.19% of the global share. Polyvinyl chloride (PVC) is among the most widely used polymers globally and ranks as the third-largest produced plastic. Its versatility makes it suitable for a diverse range of applications across industries such as construction, transportation, packaging, electrical & electronics, and healthcare. PVC is known for its durability and long service life, available in both rigid and flexible forms to meet varied application needs. Unlike many thermoplastics that rely solely on petroleum, PVC is produced from *two raw materials—salt and hydrocarbon feedstock—*which reduces its dependence on non-renewable fossil fuels. Consequently, PVC is considered less oil-dependent compared to other conventional plastics.

Polyvinyl chloride is deployed in an extensive range of applications including electrical & electronics, packaging, transportation, healthcare, and construction. The industry expansion can be attributed to its versatile nature of bonding with several polymers. 

Fortune Business Insights™   provides this information in its research report, titled   “Polyvinyl Chloride (PVC) Market, 2023-2030”.

Request a FREE Sample Copy:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/polyvinyl-chloride-pvc-market-109398

Segmentation:

Rigid Segment Accounted for Major Share Considering Increasing Product Deployment for Water Supply and Irrigation

On the basis of product type, the market for polyvinyl chloride is bifurcated into flexible and rigid. The rigid PVC segment held a prominent market share in 2022. This can be credited to the extensive product usage for irrigation, drainage, and water supply on account of corrosion resistance and durability.  

Pipe & Fittings Segment to Lead the Market Due to Rising PVC Usage on Account of Durability

On the basis of application, the market for polyvinyl chloride is subdivided into flooring, pipe & fittings, wire & cables, profiles, film & sheet, and others. The pipe & fittings segment is set to dominate the global market over the study period owing to its sustainability and durability, making it a suitable choice for water transportation.  

Building & Construction Segment Accounts for Key Share Driven by Extensive Product Adoption

On the basis of end use, the market for polyvinyl chloride is fragmented into packaging, building & construction, electrical & electronics, automotive, and others. The building & construction segment holds the largest share due to its wide product deployment in the construction sector in roofing, cables, profiles, and accessories.  

Based on geography, the market for polyvinyl chloride (PVC) has been analyzed across North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

List of Key Players Mentioned in the Report:

• Ercros (Spain)
• Formosa Plastics Corporation (Taiwan)
• Hanwha Group (South Korea)
• Ineos (U.K.)
• KEM ONE (France)
• Occidental Petroleum Corporation (U.S.)
• Orbia (Mexico)
• Shin-Etsu Chemical Co., Ltd. (Japan)
• Vynova (Belgium)
• Westlake Corporation (U.S.)   

Report Coverage:

The report gives an account of the key steps deployed by leading companies to strengthen their market share. It further gives an insight into the vital trends in the market. An analysis of the industry based on numerous segments has also been presented in the report: product type, application, end use, and geography.

Drivers and Restraints:

Surge in Market Value Owing to Growing Demand from Construction Sector

There has been a rise in product application across the construction industry, where it is used for cables, pipes, and roofing materials. The insulating properties of PVC make it a preferred material, ensuring reliability and safety in power distribution. These factors are expected to propel polyvinyl chloride (PVC) market growth.

However, regulatory concerns associated with the release of hazardous chlorine-based byproducts during the manufacturing process may restrain the industry expansion.   

Regional Insights:

Asia Pacific to Dominate Owing to Surging Demand in Infrastructure Development and Construction

Asia Pacific polyvinyl chloride (PVC) market share is anticipated to hold a key position in the global market. The region has recorded an increasing product demand in the infrastructure development, construction, and manufacturing sectors.

The North America market size is set to surge considering the rise in construction activities in the region and the escalated product usage in an array of construction applications.

Information Source:  https://www.fortunebusinessinsights.com/polyvinyl-chloride-pvc-market-109398

Competitive Landscape:

Industry Players Focus on Investing in Bio-based Products to Cater to Rising Demand

Major industry participants are investing in the development of products made from bio-based materials. These products are being introduced for meeting the soaring demand for green products. KEM ONE and Ineos are some of the key players in the market.

Key Industry Development:

• December 2023 –  INEOS launched a new rage of PVC product that has 37% lower carbon footprint than the average carbon footprint of suspension PVC produced in the European Industry.
• July 2023  - Chemplast Sanmar Ltd. shared plans to invest USD 120 million to expand its production capacities of the Specialty Paste PVC unit at Cuddalore and the Custom Manufactured Chemicals Division’s (CMCD) unit at Berigai.

According to Fortune Business Insights, The global   dolomite powder market  was valued at USD 25.41 billion in 2019 and is expected to grow to USD 33.44 billion by 2027, reflecting a CAGR of 3.8% during the forecast period. Asia Pacific led the market in 2019, accounting for 24.4% of the global share. In addition, the U.S. dolomite powder market is anticipated to reach USD 7.56 billion by 2027, supported by increasing usage across construction, agriculture, and steel manufacturing industries. The growing use of dolomite in the steel industry is predicted to enable healthy growth of the market, states Fortune Business Insights, in a report, titled “Dolomite Powder Market Size, Share & Industry Analysis, By Type (Calcium Dolomite, and Magnesia Dolomite), By Application (Steel-making, Cement Industry, Agriculture, Glass, Ceramic, Rubber, and Others), and Regional Forecast, 2024-2032.” 

The dolomite powder market report encompasses:

• Wide-ranging assessment of the industry
• Evaluated data of the segments
• Newest trends and insights
• Dominant regions in the world
• Thorough analysis of prominent players

Request a FREE Sample Copy:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dolomite-powder-market-101697

Inflated Demand from Steel Industry to Foster Growth

The surging steel and iron industry is expected to spur business opportunities for the market during the forecast period. Dolomite is used as a slag flux in the production of steel to remove impurities. Dolomite powder is also used in refractory linings of open-hearth steel furnaces. The increasing demand for dolomite in mini-steel plants for fettling and refractory applications will have an excellent effect on the market. The rising production and consumption of steel is expected to enable speedy expansion of the market. As per the World Steel Association, 98% of the raw materials used to make crude steel are converted to products and by-products. The steel industry’s goal is zero waste. The rising emphasis on steel recycling is likely to generate sales openings for the market. Nonetheless, the increasing construction projects will simultaneously increase the demand for steel, which, in turn, will bode well for the market.

Dolomite powder is an anhydrous carbonate mineral composed of calcium magnesium carbonate. It finds extensive applications in steelmaking, cement production, agriculture, ceramics, glass, rubber, and mining. According to the World Steel Association, global steel production rose from 1,657.9 million tons in 2018 to 1,681.2 million tons in 2019. This steady increase in steel output is a major factor driving the demand for dolomite powder.

Additionally, dolomite is widely used as a substitute for limestone in processes requiring both calcium and magnesium minerals. With its broad utility across multiple industries, the demand for dolomite powder is projected to witness significant growth during the forecast period.

The Report Lists the Main Companies in the   Dolomite Powder Market:

• Sibelco (Belgium)
• Minerals Technologies Inc. (U.S.)
• Imerys S.A. (France)
• Beihai Group (China)
• Arihant MinChem
• Omya Group (Switzerland)
• Lhoist Group (Belgium)
• Carmeuse (Belgium)
• Nordkalk Corporation (Finland)
• Longcliffe Quarries Ltd. (U.K.)

Break on Construction Activities to Dampen Market During Coronavirus

The strict regulations concerning the export and import of raw material during the pandemic will dwindle the growth of the market. Moreover, the slowdown of the construction and cement industry will indirectly hamper the demand for dolomite. The lack of distribution from major steel manufacturing countries will subsequently restrict the expansion of the market. For instance, decreased production and export from the major producer of steel, china will have a horrendous effect on the market amid coronavirus

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/dolomite-powder-market-101697

Regional Analysis :

Thriving Metal Production to Improve Market in Asia Pacific

The market in Asia Pacific stood at US$ 6.20 Bn in 2019. The growth in the region is attributed to the growing metal and building & construction industry in India and China. The growing application of cement and steel is expected to create demand for the market. The market in Europe is predicted to witness a significant growth rate owing to the increasing demand from the steel & iron and cement industry. The growing utilization of dolomite in glass and ceramics owing to its high rigidity and tensile strength will bolster the healthy growth of the market in the region.

Key Development :

• February 2018 , Imerys acquired the calcium carbonates and dolomite business of Vimal Microns Ltd., a key supplier of calcium carbonates in India. This acquisition is expected to strengthen the presence of Imerys in India.
• November 2017 , Imerys acquired Brazil-based Micron-Ita, which is a producer of micronized ground calcium carbonates for polymer applications. The acquisition will strengthen the company’s presence in Brazil by opening up its portfolio to new market applications. The business will be integrated with Imerys’ carbonates division which is a part of the energy solutions & specialties business group.

According to Fortune Business Insights, The global   refrigerants market   was valued at USD 24.20 billion in 2023 and is projected to expand from USD 26.11 billion in 2024 to USD 47.98 billion by 2032, registering a CAGR of 7.9% during the forecast period. In 2023, North America led the market, accounting for 30.58% of the global share. The U.S. market, in particular, is expected to witness notable growth, reaching USD 11.98 billion by 2032. This growth is primarily driven by rising disposable incomes, which are fueling the demand for air conditioning across residential, commercial, and industrial sectors.

Refrigerants are mixtures of substances used in refrigeration cycles and heat pumps, where they undergo phase changes from liquid to gas. They are favored due to properties such as high heat of vaporization, non-corrosiveness, high gaseous density, and moderate liquid density. A wide range of chemicals is utilized as refrigerants, including hydrofluorocarbons (HFCs), chlorofluorocarbons (HCFCs), hydrofluoroolefins (HFOs), and other inorganic compounds. Their primary applications span air conditioning in buildings, as well as in the chemical, pharmaceutical, and food industries.

Fortune Business Insights™   cites this information in its research report, titled   “Refrigerants Market, 2024-2032”.

Request a FREE Sample Copy:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/refrigerant-market-101745

List of Key Players Mentioned in the Report:

• Air Liquide Advanced Technologies (France)
• Linde plc (Ireland)
• A-Gas (England)
• The Chemours Company (U.S.)
• Tazzetti S.p.A. (Piedmont)
• AGC Inc. (Japan)
• DuPont (U.S.)
• Honeywell International Inc. (U.S.)
• Arkema (France)
• DAIKIN INDUSTRIES, Ltd. (Japan)

Segments:

Hydrocarbons Segment to Gain Immense Traction Owing to Rapid Industrialization in Emerging Economies

Based on type, the market is classified into hydrocarbons, fluorocarbons, and inorganic refrigerants. The hydrocarbon segment held a leading market share in 2022. This was on account of rising industrialization in developing nations coupled with the extensive product usage in residential and commercial applications.

Refrigeration Segment to Lead Due to Surging Equipment Demand

With respect to application, the market is classified into refrigeration, air conditioning, and others. The refrigeration segment held the largest market share in 2022. This can be credited to the surging purchasing power of the middle-class population for consumer goods such as refrigeration equipment. The segment expansion can also be ascribed to surging industrialization and deteriorating weather conditions.

Industrial Segment to Dominate Owing to Rising Product Adoption

Based on end-use industry, the market is categorized into commercial, domestic, and industrial. The industrial segment captured the major market share in 2022. Stringent environmental regulations by the government, especially on manufacturing plants, coupled with surging industrial pollution in emerging nations, has bolstered the demand for refrigerants.

On the basis of region, the market for refrigerants is subdivided into Europe, North America, Asia Pacific, the Middle East & Africa, and Latin America.

Report Coverage:

The report provides vital insights into the key trends and drivers, presenting lucrative opportunities for market growth throughout the estimated period. It also offers a comprehensive coverage of the major strategies opted by leading market players to extend their global footprints.

Drivers and Restraints:

Market Value to Grow Owing to   Rising Product Usage in Transportation

One of the major factors propelling the refrigerants market growth is the surging usage of transportation globally. Moreover, increasing demand for medicines, frozen food, and new therapeutic treatments within the cold chain has further proliferated the demand for reliable refrigerated transport, augmenting market growth.

However, the flammability and toxicity issues may present major barriers to product uptake.   

Regional Insights:

North America to Become the Prominent Growth Hub Owing to Rising Product Demand from Transportation Sector

The North America refrigerants market share is projected to dominate over the forecast period. This rise is on account of the growing product demand from the automotive and transportation sectors.

The Asia Pacific market is poised to exhibit appreciable growth over the estimated period. The regional growth is driven by improved living standards of people and rapid urbanization.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/refrigerant-market-101745

Competitive Landscape:

Prominent Companies Emphasize on Product Innovations to Strengthen their Market Positions

Major industry players are focusing on product innovations to enhance their position. They are also investing heavy amounts into R&D activities to launch new products. Additionally, they are emphasizing on mergers and acquisition strategies to bolster their market positions.

Key Industry Development:

• February 2023 - Linde, a global multinational chemical company, declared that it invested USD 1.8 billion and signed a contract to provide clean hydrogen and other industrial gases to OCI's new world scale blue ammonia facility in Beaumont, Texas. The Beaumont plant aims to build and strengthen the world's leading platform for clean fuels and blue ammonia.
• July 2020-  Linde Group built a new Air Separation Unit (ASU) and the first of 3 nitrogen generators for a 15-year agreement to offer ultra-high purity industrial gases to a significant electronics consumer in Taiwan.