According to Fortune Business Insights the global concrete blocks and bricks market size was valued at USD 350.80 billion in 2021. The market is projected to grow from USD 369.66 billion in 2022 to USD 566.41 billion by 2029, exhibiting a CAGR of 6.3% during the forecast period. Concrete blocks and bricks are used in commercial, residential, and industrial construction.

Concrete blocks and bricks are widely used in residential, commercial, and industrial construction due to their numerous advantages. When proper construction parameters are followed, they offer excellent thermal resistance. These materials also help reduce construction time, as concrete brick manufacturing allows for more systematic, stronger, and faster construction compared to traditional plasterboard walls. Additionally, they are commonly used in building fireplaces, chimneys, and non-load-bearing walls because of their superior compressive strength, durability, cost-effectiveness, and environmentally friendly properties.

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Segmentation Analysis:

By Type, Cement Blocks to Gain Demand through 2029

On the basis of type, the market is segmented into cement block (hollow, fully solid, cellular) and brick (clay, fly ash clay, sand lime and others). Bricks are the oldest construction material and they are cheaper compared to other bricks. Fly ash clay bricks are highly improved, well quality bricks that are preferred over normal clay bricks. Concrete blocks are versatile and due to their wide variety of appearance, they are used heavily. These blocks are also called as Concrete Masonry Unit (CMU) or cinder blocks. Concrete blocks do not absorb heat so they require less insulation compared to other construction materials.

By Application,   Residential   Segment to Gain Traction over 2022-2029

In terms of application, the market is divided into residential, commercial, and institutional. Out of these, the residential segment is expected to grow. With increasing population, demand for renovation in urban areas and people opting to have nuclear families are likely to grow the market share. Additionally, governments worldwide have developed programs that are aimed at designing and building using resources that align with the concept of green construction.

  List of Key Players Profiled in the Report

• Interstate Bricks (U.S.)
• Wallnett AAC Bricks Pvt. Ltd. (India)
• UltraTech Cement (India)
• CEMEX S.A.B. de C.V. (Mexico)
• LCC Siporex (Saudi Arabia)
• Midwest Block and Brick (U.S.)
• Magicrete Building Solutions (India)
• Monaprecast (U.K.)
• Midland Concrete Products (U.S.)
• Brickworks Limited (Australia)

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 include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints :

Expansion of the Market due to Wider Concrete Blocks and Bricks Applications

The concrete blocks and bricks market growth is primarily driven by autoclaved aerated blocks and bricks. The blocks and bricks provide aesthetic appeal and strong architectural structure. The demand for autoclaved aerated blocks has increased significantly worldwide due to modular design. In modular building, the sections are assembled on site and built offsite. This fast pace approach increases the demand for the product.

Regional Insights :

Asia Pacific Registered Highest Market Share in 2021 due to Growing Infrastructure and Rising Population

The Asia Pacific market grew exponentially due to rise in population and growing infrastructure. China and India are the most populous in this region. Demand for apartments, bungalows, and buildings is pushing forward the market growth. Therefore, this results in the rising number of manufacturers of construction materials such as cement blocks and bricks.

North America accounted for a significant concrete blocks and bricks market share. Countries in the U.S. have greater per capita income. This leads to pressure on manufacturers to provide high-quality construction materials.

Key Industry Development:

April 2022   – Brickworks Limited announced plans to expand its presence in North Queensland by extending its manufacturing and distribution operations, aiming to maximize revenue growth.
January 2022   – CEMEX, S.A.B. de C.V. entered into an agreement with U.K.-based Breedon Group plc to sell selected assets. This strategic move is expected to enhance market revenue.

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According to Fortune Business Insights the global nanocellulose market size was USD 291.53 million in 2019 and is projected to reach USD 1,053.09 million by 2027, exhibiting an exhilarating CAGR of 19.9% during the forecast period. The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes   Fortune Business Insights™   Nanocellulose has applications in various industries including cement and composites, textile, and paper and packaging.

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Segmentation Analysis-

Paper and Packaging to Be the Fastest-growing Segment

Based on the application, the paper and packaging is estimated to be the fastest-growing segment with a market share of 23.0% in 2019. Increasing the utilization of cellulose nanocrystals in both paper and plastic-based packaging is driving the segment growth. Additionally, the segment held a share of 22.4% in Germany.

Based on type, the microfibrillated cellulose (MFC) segment is anticipated to hold a considerable nanocellulose market share owing to its applications in the manufacturing of nanocomposites, bio-based medical products, wood adhesives, super-capacitors, batteries, continuous fibers for textiles, and other products.

Regional Insights-

Europe is projected to dominate the global market with a value of USD 108.77 million in 2019. Its dominance is attributed to the high concentration of manufacturers in the region owing to the rising availability of wood in the Eastern Europe. In addition, the region is a manufacturing hub of automobiles, textiles, and cosmetics, which is estimated to further drive the growth of nanocellulose.

The market in Asia Pacific is not far behind as it is set to exhibit substantial growth in the forecast timeline with a value of USD 43.16 million in 2019. The presence of end-use industries, such as food, cement, textiles, and paper in China, South Korea, and India is anticipated to propel the demand for nanocellulose, driving its growth in the region.

A List of Key Manufacturers Operating in the Market-

• Fiberlean Technologies (UK)
• Kruger, Inc. (Canada)
• Borregard (Norway)
• Nippon Paper Group (Japan)
• Celluforce (Canada)
• Stora Enso (Finland)
• Norske Skog ASA (Norway)
• The University of Maine (U.S.)
• Research Institutes of Sweden (RISE) (Sweden)

Competitive Landscape-

Key players operating in the global market are investing extensively in research and development in order to develop innovative products based on nanocellulose and upgrade the existing ones. This will help them gain prominence over other companies. For instance, in December 2020, Norske Skog announced the development of a new variant of CEBINA by replacing the suspension liquid with polymer instead of water. This enabled the use of CEBINA in epoxy floor coverings and adhesives.

Industry Developments-

• In April 2020,  Celluforce announced that Celluforce NCC, a gelling agent produced by the company, is suitable for the manufacturing of hydro-alcoholic gels, thereby replacing the traditionally used acrylates and carbomers. This makes the agent suitable in making gel-based sanitizers while providing an invisible layer of cellulose on hands for protecting damaged skin.
• In February 2020:   GranBio Technologies, a subsidiary of GranBio, signed a supply partnership with Birla Carbon, an Indian company. Under this agreement, Birla Carbon will supply biomass-based nanocellulose for the replacement of carbon black, an oil by-product used in the tire & rubber industry.

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According to Fortune Business Insights the global ceramic inks market size was valued at USD 2.60 billion in 2023. The market is projected to grow from USD 2.79 billion in 2024 to USD 4.86 billion by 2032 at a CAGR of 7.3% during the forecast period. The global ceramic inks market is set to gain impetus from the emergence of the Drop on Request Ink-Jet Printing (DOD-IJP) technique. It helps in controlling the manufacturing line efficiently, lowering costs, saving inventories, and managing rational inks. In May 2019, Zschimmer & Schwarz, for instance, joined hands with the Ferro Group for developing unique solutions for the tile industry.

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Segmentations Analysis -

By Product Type:
The market is segmented into   decorative inks   and   functional inks. The   decorative inks   segment dominated in 2023 due to high demand in ceramic tile, glass, and bottle printing. These inks offer a wide range of vibrant colors and are widely used for creating intricate designs on tiles, tableware, and decorative items.

By Technology:
Divided into   digital printing   and   analog printing, the   digital printing   segment led the market in 2023. This is attributed to its ability to reduce inventory costs, support quick design changes, and efficiently meet growing customization demands in the ceramic decoration industry.

By Formulation Technology:
Based on formulation, the market includes   solvent-based,   water-based, and   oil-based   inks. The   solvent-based   segment held the largest share in 2020, driven by its use in drop-on-demand inkjet printers for ceramic tile decoration, leveraging ceramic pigments for vibrant prints.

List of Key Companies Profiled-

• Ferro Corporation (Ohio, U.S.)
• Torrecid Group (Castellón, Spain)
• ZSCHIMMER & SCHWARZ CHEMIE GMBH (Lahnstein, Germany)
• LAURIER ARCHITECTURAL (Quebec Canada)
• Megacolor Ceramic Products (Castellón, Spain)
• BASF SE (Ludwigshafen, Germany)
• FRITTA (Comunidad Valenciana, Spain)
• Colorobbia Holding S.p.A (Gujarat, India)
• Esmalglass-Itaca Grupo (Castellón, Spain)
• Chromaline (Minnesota, U.S.)
• Electronics for Imaging, Inc. (California, U.S.)
• sedak GmbH & Co. KG (Gersthofen, Germany)
• SOLUTEC GLASS (Biscay, Spain)
• Sun Chemical (New Jersey, U.S.)

Report Coverage-

We follow an innovative research methodology that includes data triangulation on the basis of bottom-up and top-down approaches. We conduct extensive primary research to validate the projected market numbers. We also derive information from paid databases, industry journals, SEC filings, and other authentic resources. The report of this industry includes details, such as drivers, opportunities, challenges, and dynamics of the market.

Drivers & Restraints-

The surging usage of inkjet printers for a wide range of applications, such as industrial and graphics is set to boost the ceramic inks market growth in the near future. These printers can be used on extended and non-flat surfaces, have limitless decoration possibilities, and provide simpler material handling. For decoration purposes, they can also be easily used. The IDC Worldwide Quarterly Hardcopy Peripheral Tracker, 1Q2020, for instance, mentioned that during the first quarter of 2019, Epson was in the leading position in the Indian inkjet printer market. It procured 56.01% of the demand by value and 46.07% by volume. However, ceramic decorators often face issues while matching the exact pantone color because of small color palettes of ceramic inks. It may hamper growth.

Regional Insights-

In 2020, Asia Pacific generated USD 0.831 billion in terms of revenue. The high disposable incomes of people and surging investments by numerous companies would aid the regional growth. North America, on the other hand, is estimated to showcase considerable growth in this industry because of the expansion of the construction industry in Canada. In Europe, the gradual development of the automotive and packaging industries is set to result in moderate growth.

Competitive Landscape-

Key Players Focus on Launching Unique Products to Gain Competitive Edge

The market contains a large number of companies that are majorly participating in numerous strategies to gain a competitive edge. Most of them are focusing on launching cutting-edge ceramic inks to meet the consumer demand. Below is one of the significant industry developments:

• June 2024   – The company introduced its HCR inkjet inks, featuring three vibrant new colors: Yellow, Blue, and Beige. These additions improve print quality and ensure more consistent tones, expanding the color options available for ceramic digital printing.

• January 2025   –   Torrecid   launched   ECOINKCID, a water-based ink that cuts organic carbon emissions and odors by   85%. They also introduced   2LOWINKCID   inks, which reduce carbon emissions by   30%   and odors by   75%, reinforcing the company’s focus on environmental sustainability.

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The Global Bioplastics Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Bioplastics Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

Bioplastics refer to materials that have been made from renewable sources and play an important role in reducing the generation of plastic generation. These types of plastics come from different types of renewable biomass sources such as plant starch, cellulose, vegetable fats, and natural sugars. Biomass-based plastics are gaining immense popularity as an effective alternative to conventional plastics as industries are looking for eco-friendly plastic materials. Moreover, a wide range of research & development activities are being conducted in the development of eco-friendly plastics, which is further expected to drive the bioplastics market growth.

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

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Forecast Growth Projected:

According to Fortune Business Insights the global bioplastics market was valued at USD 7.49 billion in 2023 and is expected to grow from USD 7.41 billion in 2024 to USD 56.99 billion by 2032, registering a compound annual growth rate (CAGR) of 29.0% during the forecast period.

List of the Key Players in the Bioplastics Market:

• Novamont S.p.A. (Italy)
• Arkema S.A. (France)
• Matrìca S.p.A. (Italy)
• NatureWorks LLC (U.S.)
• TotalEnergies Corbion (Netherlands)
• PTT MCC Biochem Co., Ltd. (Thailand)
• Roquette Frères (France)
• Biofase (Mexico)
• Genecis (Canada)
• Trifilon (Sweden)
• Solvay S.A. (Belgium)
• Avantium (Netherlands)
• Toray Industries, Inc. (Japan)

Bioplastics Market Segmentations:

Biodegradable Plastics to Gain Traction Due to their Wide Usage in Numerous Industries

Based on type, the market is segmented into biodegradable and non-biodegradable. The biodegradable segment is expected to hold a dominant bioplastics market share as this type of plastic is finding robust use in many industries such as textiles, packaging, consumer goods, and agriculture.

Demand for Durable and Sturdy Packaging Solutions to Boost Product Use in Rigid Packaging

Based on application, the market covers rigid packaging, flexible packaging, textiles, automotive & transportation, agriculture & horticulture, consumer goods, and others. The rigid packaging segment is predicted to hold the largest market share as many shipping companies are looking for sturdy yet eco-friendly packaging solutions. With respect to region, the market covers North America, Europe, Asia Pacific, and Rest of the World.

Report Coverage:

The report analyzes the market in detail and sheds light on important areas such as leading product types, players, and applications. It also provides information on the latest market trends and vital industry developments. Besides the abovementioned factors, the report covers several other factors that have contributed to the market’s growth in recent years.

Drivers and Restraints:

Growing Adoption of Eco-Friendly Plastics in Packaging Industry to Fuel Market Progress

Biodegradable plastics are finding major uses in many industry verticals. However, one of the most common applications of these plastics is found in the packaging sector as they exhibit properties that are quite similar to those of conventional plastics. They are used in many rigid as well as flexible packaging solutions. Moreover, the e-commerce industry has expanded considerably in recent years, which has further boosted the demand for packaging materials, thereby enhancing the product adoption.

Key Industry Development:

February 2023 -   Avantium partnered with Origin Materials to increase the mass production of PEF and FDCA and create advanced chemicals and plastics. The aim of the partnership was to maximize the company’s revenue margin.

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The Global Solvents Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Solvents Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

A solvent is a chemical that dissolves a solute to create a solution. While commonly found in liquid form, solvents can also exist as solids or gases. These substances are designed to dissolve, absorb, or dilute other materials into fine distributions without altering their chemical structure. Increasing innovations in chemical technology and a growing preference for bio-based products, driven by stricter environmental regulations, are expected to fuel demand.

F ortune Business Insights presents this information in their report titled " Solvents Market , 2025–2032."

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Forecast Growth Projected:

According to Fortune Business Insights the global solvents market size was valued at USD 36.88 billion in 2023. The market is projected to grow from USD 38.60 billion in 2024 to USD 61.95 billion by 2032, exhibiting a CAGR of 6.1% during the forecast period.

List of the Key Players in the Solvents Market:

• Shell plc (U.K.)
• Eastman Chemical Company (U.S.)
• LyondellBasell Industries Holdings B.V. (Netherlands)
• Ashland (U.S.)
• BASF (Germany)
• Exxon Mobil Corporation (U.S.)
• Celanese Corporation (U.S.)
• Honeywell International Inc. (U.S.)
• INEOS (U.K)
• Gandhar Oil Refinery (India) Limited (India)
• Vijay Chemsol (India)
• Moksha Chemicals (India)

Solvents Market Segmentations:

Alcohols Segment Led the Market with Rapid Adoption of Ethanol and Methanol in Different Applications

In terms of product type, the market is classified into alcohols, esters, ketones, and others. The alcohols segment dominated the global market, driven by the rapid adoption of ethanol, n-butanol, methanol, and isopropanol in different applications. Ethanol is widely used in perfumes and medical drugs and methanol is highly preferred in adhesive applications.

Rapid Expansion of the Construction Industry Boosted Product Demand in the Paints & Coatings Segment

By application, this market is segregated into paints & coatings, industrial cleaning, adhesives, printing inks, and others. Paints & coatings held the largest solvents market share, attributed to their increased demand in the construction industry. The rapid expansion of the construction industry and innovations in paints are fueling segment growth.

Report Coverage
The market research report presents a comprehensive market study, emphasizing important elements, such as the competitive environment and prominent product categories. Moreover, the report offers crucial insights on market trends and noteworthy industry developments. In addition to the factors above, the report contains numerous aspects that have nurtured market expansion in recent times.

Drivers and Restraints

A growing emphasis on environmental responsibility has led to a significant shift in recent years, with both consumers and industries moving toward bio-based products over chemical ones. This evolution is transforming the global market, inspiring producers to develop innovative, sustainable product lines to meet the call for greener alternatives. Known as "green solvents," eco-friendly options are derived from renewable materials or are designed to minimize environmental harm. The surge in demand for biobased solvents stems from the growing awareness of the environmental and health issues associated with conventional solvents. Increased consumer inclination toward safer and eco-conscious choices is bolstering the solvents market growth.

Competitive Landscape

Leading Companies Emphasize Green Product Modernizations to Enhance Their Market Positions

Exxon Mobil Corporation, Shell plc, BASF, LyondellBasell Industries Holdings B.V., and Honeywell International Inc. are some of the prominent players in the global market. They focus on green product modernizations, mergers, acquisitions, and partnerships to strengthen their competitive edge.

Key Industry Development

• April 2024:   BASF introduced Efka PX 4360, a revolutionary solvent-based dispersing agent tailored for industrial coatings. With advanced Controlled Free Radical Polymerisation (CFRP) technology, this agent enhances pigment dispersion, ensures compatibility, and optimizes color properties.

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Polybutylene adipate terephthalate (PBAT) refers to the renewable and biodegradable synthetic polymer manufactured using a combination of 1,4-butanediol, terephthalic acid, and adipic acid. The superior attributes of the product, which is poised to surge its uptake in sustainable packaging, are fostering the market growth. Owing to its high composability and biodegradability, PBAT is becoming popular in the packaging sector.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Polybutylene Adipate Terephthalate Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

According to Fortune Business Insights the global polybutylene adipate terephthalate market size was valued at USD 184.0 million in 2023 and is projected to grow from USD 198.7 million in 2024 to USD 376.5 million by 2032 at a CAGR of 8.3% during the forecast period.

List of the Key Players in the Polybutylene Adipate Terephthalate Market:

• BASF SE (Germany)
• Novamont S.p.A. (Norway)
• Kingfa Sci.&Tech. Co.,Ltd. (China)
• OerlikonBarmagHuitong (Yangzhou) Engineering Co., Ltd. (China)
• Xinjiang Blue Ridge Tunhe Sci.&Tech. Co., Ltd. (China)
• Jin Hui Zhao Long High Tech Co., Ltd. (China)
• DAWN (China)
• Mitsubishi Corporation (Hong Kong) Limited. (Japan)
• Entec Polymers (U.S.)
• Hangzhou Peijin Chemical Co., Ltd. (China)

Segmentation:

Surging Consumer Demand for Sustainable Packaging Solutions to Fuel the Segment Expansion

On the basis of application, the market is divided into agriculture & horticulture, consumer goods, coatings & adhesives, packaging, and others. The packaging segment captured the largest polybutylene adipate terephthalate market share in 2023. The growing regulatory and consumer demand for sustainable packaging solutions is bolstering the adoption of the product in the packaging sector.

On the regional front, the market is segmented into Europe, the Asia Pacific, North America, and the rest of the world.

Report Coverage

The research report provides an in-depth analysis of the prominent driving and restraining factors impacting the market growth. It further offers a comprehensive coverage of the major segments, the top trends, and the impact of the COVID-19 pandemic on the market growth. It also comprehensively discusses the strategic measures implemented by leading players in the polybutylene adipate terephthalate market to achieve a competitive advantage.

Drivers and Restraints:

Developments in   Bio-based PBAT and Production Process to Surge Sustainability and Economic Viability, Fueling the Market Growth

Renewable feedstock, including agricultural waste or plant oils instead of fossil fuels is used to make bio-based PBAT. This move toward renewable raw materials shows consistency with the growing focus on transforming to a circular economy and sustainability. Along with the development of biobased PBAT, advancements have been made in the production processes of the product manufacturing industry. Thus, these factors are impelling the polybutylene adipate terephthalate market growth.

Regional Insights:

Asia Pacific Dominates Due to Growing Environmental Awareness

The Asia Pacific market for polybutylene adipate terephthalate captures the largest share. This is on the back of the surging awareness pertaining to the environment, urbanization, and quick industrialization in nations including South Korea, India, Japan, and China.

North America market growth can be credited to the rising consumer demand for sustainable options to traditional plastics, which has driven product uptake.

Competitive Landscape:

Key Companies Actively Engage in Various Strategies to Enhance Their Market Position

The polybutylene adipate terephthalate market is witnessing the active engagement of prominent manufacturers of the product in different strategic moves to capitalize on the rising demand for biodegradable materials while making their market position strong. In addition, these players are making investments in R&D and upgradation of technology to enhance product performance and production efficiency.

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According to Fortune Business Insights the global rare earth elements market size was USD 3.39 billion in 2023 and is projected to grow from USD 3.74 billion in 2024 to USD 8.14 billion by 2032, exhibiting a CAGR of 10.2% during the forecast period. Rare earth elements, mainly Dysprosium and Neodymium, are utilized to power EV engines. Neodymium, for instance, is widely adopted to make magnets for EVs owing to its high coercive strength and stable flux density, both of which provide the necessary power to the EV to move. Since neo-magnets are instrumental for the proper functioning of EVs, growing demand for these vehicles will inevitably stoke the adoption of rare earths in the next few years.

Fortune Business Insights provide this information in its report titled  "Rare Earth Elements Market, 2025-2032."

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Segmentations Analysis:

By Type:
In 2023, the neodymium   segment dominated due to its rising use in electric and hybrid vehicle batteries.   Cerium   grew with demand from the automotive industry for emission control systems, while   praseodymium   saw growth from aerospace applications.   Lanthanum   demand increased for battery production, especially in consumer electronics.   Samarium   demand rose for permanent magnets used in hybrid vehicles.

By Application:
The   magnets   segment led the market in 2023, driven by demand from electronics and motor manufacturers. The   battery   segment is expected to grow at the fastest rate, fueled by the surge in electric vehicle adoption and advancements in energy storage, especially in the U.S., China, and Europe.

Report Coverage:

The report aims to analyze the rare earth elements industry by considering contributions, prospects, and growth trends. It presents detailed profiles of every key player operating in the market to analyze their core competencies in each segment. Apart from that, it ensures to help our clients better understand the competitive developments, such as mergers & acquisitions, new product launches, joint ventures, and collaborations.

Drivers & Restraints:

Rising Demand from Various Industries to Bolster Growth

A large number of rare earth elements are gaining momentum across the globe because of their high demand from numerous industries. They have several beneficial chemical and physical properties that are best suited for specific applications. However, the surging prices of raw materials because of the high demand for bearings, aircraft alloys, automotive motors, and batteries may hamper the rare earth elements market growth in the near future.

Regional Insights:

Abundant Reserves in China & Australia to Propel the Asia Pacific Market

Among regions, Asia Pacific is expected to dominate the rare earth elements market share in the near future on account of the abundant availability of these elements in China, Japan, and Australia. Moreover, with countries such as India and Myanmar investing in rare earth mining projects, the scope of the market in this region is set to widen in the upcoming years.

The market in North America is set enjoy lucrative prospects owing to the booming demand for electric cars in the region. In Europe, on the other hand, the main growth driver will be the region’s gradual shift towards renewables and clean energy production technologies.

Competitive Landscape:

Formulation of Supportive Policies to Encourage Investments by Key Players

Governments in several countries are formulating policies favoring and incentivizing investments in rare earth exploration activities. Such policies are encouraging key players to develop innovative technologies and equipment to efficiently extract and utilize rare earth elements, which have proven to be highly beneficial in the automotive, hydrocarbon, and energy industries.

A list of renowned rare earth elements providers operating in the global market:

• Baotou Rare Earth (China)
• China Minmetal Rare Earth (China)
• Avalon Advanced Materials (Canada)
• IREL (India)
• Metall Rare Earth Limited (China)
• Arafura Resources (Australia)
• Canada Rare Earth Corporation (Canada)
• Lynas Corporation (Australia)
• Northern Minerals (Australia)
• Greenland Minerals Limited (Australia)
• Other Players

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According to Fortune Business Insights the global carbon fiber market size was valued at USD 2.65 billion in 2023 and is projected to grow from USD 2.82 billion in 2024 to USD 6.54 billion by 2032, exhibiting a CAGR of 11.1% during the forecast period. Carbon fiber is produced from carbon atoms with five to ten micrometers diameter. It is also called graphite fiber. These fibers have superior properties such as low thermal expansion, high stiffness, high-temperature tolerance, high-tensile strength, high strength-to-weight ratio, and higher chemical resistance. These excellent properties of the product made it a matter of choice in defense, aerospace, construction, automotive, sports applications, and wind turbines. Increasing demand for lightweight vehicles and rising automotive demand will drive the market growth.

Fortune Business Insights provide this information in its report titled   "Carbon Fiber Market, 2025-2032."

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Segmentations Analysis:

Polyacrylonitrile Segment to Lead the Market Share during the Forecast Period

On the basis of precursor, the market is divided into pitch and PAN (polyacrylonitrile). The PAN segment held a reasonable share of the market in 2022 and is expected to lead during the forecast period, owing to growing demand from end-use industries. The increasing demand for PAN-based graphite fiber is attributed to its properties, including high modulus, better fiber quality, cost-effectiveness, and high tensile strength.

Small Tow Segment to Lead due to Growing Adoption in the Aerospace & Defense Industry

According to tow, the market is fragmented into small tow and large tow based on tow. The small tow segment accounted for the largest share in 2022. It is widely used in aerospace and defense due to its tensile strength and high modulus. Large tow fibers also held a reasonable share of the market, which is predicted to grow in the near future.

Aviation, Aerospace & Defense   Segment to Grip Largest Share of Growing Aircraft Manufacturing

Based on the application, the market is fragmented into automotive, aerospace & defense, aviation, sports & leisure, wind turbines, construction, and others. the aviation, aerospace & defense segment accounted for the highest market share in 2022 and may continue its dominance during the forecast period as composite materials are widely used in the aerospace industry.

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.
• Recent industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers and Restraints:

Growing Demand and Increasing Usage in Automotive Industry to Propel Market Growth

Carbon fiber is a material which is a very lightweight and strong having a low weight-to-strength ratio. It is twice as stiff as steel and five times more potent than steel. It consists of superior chemical resistance to steel. The exceptional properties of the product have led to an increase in its demand in the automotive industry to manufacture highly durable vehicles.

The manufacturing of lightweight vehicles is expensive as carbon fiber material is costly. Carbon composites are used mainly in automotive, oil & gas, aerospace, and wind energy due to their high performance and lightweight properties.

Fortune Business Insights™ presents a list of reputed manufacturers operating in the global market. They are as follows :

• ZOLTEK Corporation (Missouri, the U.S.)
• Hexcel Corporation (Connecticut, the U.S.)
• TEIJIN LIMITED (Tokyo, Japan)
• TORAY INDUSTRIES, INC. (Tokyo, Japan)
• Solvay (Brussels, Belgium)
• Formosa M Co., Ltd. (Gyeonggi-do, Korea)
• Mitsubishi Chemical Carbon Fiber and Composites, Inc. (California, the U.S.)
• Nippon Graphite Fiber Co., Ltd. (Hyogo, Japan)
• Advanced Composites Inc. (Utah, the U.S.)
• HYOSUNG ADVANCED MATERIALS (Seoul, South Korea)
• Other Key Players

Competitive Landscape:

Key Companies Aim to Intensify Competition through Acquisitions and New Product Launches

The global market for carbon fiber houses several companies, such as Teijin Limited, Toray Industries, and ZOLTEK Corporation. They are majorly focusing on purchasing local firms, launching state-of-the-art products, or partnering up with reputed organizations. Below is one of the latest industry developments:

• June 2019 : Liberty Hall Capital Partners announced the execution of an agreement with Sekisui Chemical Group to sell AIM Aerospace worth USD 510 million. This new acquisition would help Sekisui Chemical to expand its geographic reach, diversify its customer base, and broaden its capabilities.

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According to Fortune Business Insights the global plasticizers market size was valued at USD 17.34 billion in 2022 and is projected to grow from USD 17.99 billion in 2023 to USD 23.88 billion by 2030, exhibiting a CAGR of 4.1% during the forecast period. Plasticizers are used for enhancing the flexibility of a range of plastic materials. The market is slated to expand over the coming years driven by the soaring demand for plastic products across numerous industries. 

The global   plasticizers market   is a critical segment of the chemicals industry, driven by rising demand for flexible PVC and other polymers across diverse sectors such as construction, automotive, packaging, and consumer goods. Plasticizers are additives used to increase the flexibility, durability, and workability of plastic materials, primarily polyvinyl chloride.

Fortune Business Insights™   provides this information in its research report, titled   “Plasticizers Market, 2025-2032”.

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Segmentation:

Phthalates Segment Holds Leading Share Due to Increasing Product Use on Account of Low Cost

Based on type, the market is segmented into non-phthalates and phthalates. The phthalates segment accounts for a major market share. This is due to the increasing product usage in several applications on account of the product’s versatility and low cost.

Wire & Cable Segment Led Due to Escalated Product Usage to Enhance Safety during Power Transmission

Based on application, the market is categorized into flooring & wall covering, wire & cable, consumer goods, coated fabrics, film & sheet, and others. The wire & cable segment is poised to register a key market share. This is driven by the extensive product usage in telecommunications and power transmission given the role played by plasticizers to enhance wire safety.

By geography, the market for plasticizers has been studied across Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa.

Report Coverage:

The report presents an overview of the major factors anticipated to boost the industry growth over the coming years. It also gives an account of the key steps deployed by major companies to strengthen their market share. The report also discusses the pivotal trends in the market.

Drivers and Restraints:

Market Value to Surge Due to Growing Inclination toward Non-Phthalate Products

The rising awareness regarding the harmful effects of phthalate-usage on the environment and human health has led to a shift toward the use of non-phthalate-based plasticizers. They are a more sustainable option considering their biodegradable nature. These factors are expected to boost their deployment, impelling plasticizers market growth over the coming years.

However, the industry expansion could be hindered owing to the enforcement of stringent regulations associated with the usage of phthalate-based materials.

Regional Insights:

Asia Pacific Led the Market Owing to Escalating Demand for PVC-based Products

Asia Pacific registered a key share in the market. The dominance of the region can be attributed to the growing demand for PVC-based products in developing economies such as India and China.

The Europe plasticizers market share is anticipated to rise owing to the growing demand for eco-friendly products and escalating concerns associated with the use of traditional phthalate-based solutions.

Key Industry Development:

May 2020 –   KRAHN Chemie Group was authorized by ExxonMobil Chemical for the distribution of its Jayflex plasticizers including MB10, DTDP, DIUP, DIDP, and DINP in Spain. The products are deployed in an array of applications, including adhesives and sealants, rubber, PVC, printing inks, and paints and coatings.

List of Key Players Mentioned in the Report:

• BASF SE (Germany)
• Exxon Mobil Corporation (U.S.)
• Eastman Chemical Company (U.S.)
• Evonik Industries AG (Germany)
• Nan Ya Plastics Corporation (Taiwan)
• UPC Technology Corporation (Taiwan)
• LG Chem Ltd. (South Korea)
• Aekyung Chemical (South Korea)
• Kao Corporation (Japan)
• Avient Corporation (U.S.)

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According to Fortune Business Insights the global point-of-use water treatment systems market size was valued at USD 24.32 billion in 2024. The market is projected to grow from USD 26.37 billion in 2025 to USD 46.35 billion by 2032, exhibiting a CAGR of 8.4% during the forecast period. Point-of-Use (POU) water treatment systems are installed at specific water outlets like kitchen sinks, bathroom showers, and faucets in homes or commercial buildings. Designed for low-volume treatment, they serve as the final stage of purification. When combined with point-of-entry systems, they ensure comprehensive water purification, including contaminant removal and softening.

Fortune Business Insights™   publishes this information in a report titled,   "Point of Use Water Treatment Systems Market, 2025-2032" . As per the report, the market is expected to grow during the projected period due to increasing awareness regarding water-borne diseases.

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Segmentations Analysis:

Countertop Filters to Lead Market Due to High Demand

By product type, the market is divided into under the counter filters, countertop filters, pitcher filters, faucet-mounted filters, and others. Countertop filters are expected to lead the global market due to their increasing plumbing sector demand.

RO Filter Segment to Dominate Market Due to its Excellent Features

Based on category, the market is classified into RO filters, UV filters, gravity filters, and others. RO filters segment is anticipated to dominate the market due to its excellent features and feasibility.

Residential Segment to Be the Fastest-Growing Application

On the basis of application, the market is bifurcated into residential and light commercial. The residential segment holds the highest market share due to increasing adoption of these point of use water treatment systems in residential projects.

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

Report Coverage:

The research report covers insightful data regarding recent developments and trends in the industry. Drivers and restraints affecting the market growth during the forecast are highlighted further in this report. Also, the impact of COVID-19 pandemic on market expansion is mentioned along with recent business development strategies adopted by the leading players. A list of key market players is given with regional insights on segmented market areas.

Drivers & Restraints:

Rising Adoption of Smart Water Treatment Systems to Augment Growth

The market is expected to grow significantly during the forecast period due to increasing awareness regarding water-borne diseases. The rising demand for smart water treatment systems is anticipated to drive the market in the coming years. Also, various environmental campaigns conducted by governments and social workers are projected to bolster the global point of use water treatment systems market growth.

Competitive Landscape:

New Product Launch Allow Companies to Enhance their Product Portfolio

The leading market players focus on forming strategic alliances and partnerships with supporting organizations. Also, the companies adopt recent technologies to introduce new product ranges and enhance their product portfolio.

List of the Key Players in the Point-of-Use Water Treatment Systems Market:

• A. O. Smith Corporation (U.S.)
• Brita Gmbh (U.S.)
• Helen of Troy Limited (U.S.)
• Pentair PLC (U.S.)
• Culligan International Company (U.S.)
• Unilever PLC (U.K.)
• Panasonic Corporation (Japan)
• LG Electronics (South Korea)
• Best Water Technology Group (Austria)
• Kent RO Systems Ltd. (India)
• Coway Co. Ltd. (South Korea)
• Katadyn Group (Switzerland)
• Eureka Forbes Ltd. (India)

Key Industry Development:

December 2021:   Culligan and Waterlogic Group Holdings joined hands to develop sustainable water purification, treatment, and filtration services. With this collaboration, both companies combined their expertise to expand into new markets, including the U.S. and strengthen their existing distribution networks.

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