The global thermal spray coatings market size is expected to showcase exponential growth by reaching USD 17,631.2 million by 2027. This is attributable to the growing aerospace industry and the increasing demand for weight reduction in aircraft to improve performance and fuel efficiency that propels the demand for innovative thermal spray coatings across the globe. Fortune Business Insights, in its latest report,observes that the market stood at USD 10,235.2 million in 2019 and is projected to exhibit a CAGR of 7.8% between 2020 and 2027.
Category: Chemical and Materials
The global rare earth elements market was valued at 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, registering a compound annual growth rate (CAGR) of 10.2% during the forecast period from 2025 to 2032. The global rare earth elements market size is projected to experience a period of sustained growth owing to the steadily rising adoption of electric vehicles (EVs) around the world, observes Fortune Business Insights™ in its report, titled “Rare Earth Elements Market Size, Share & Industry Analysis, By Type (Lanthanum, Cerium, Prasaedynium, Samaerium, Europium, Other), By Application (Magnets, Metals, Alloys, Polishing agents, Additives, Catalysts, Phosphors, Other) and Regional Forecast, 2025-2032”.
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Rare Earth Elements Market Segmentation:
By Type:
The market is segmented into lanthanum, cerium, neodymium, praseodymium, samarium, europium, and others. Neodymium dominated the market in 2023, driven by its use in electric vehicle batteries and permanent magnets. Cerium is growing due to demand from the automotive sector, especially in catalytic converters. Praseodymium is gaining traction in aerospace for high-strength alloys. Lanthanum is witnessing growth from battery applications, particularly in nickel-metal hydride batteries. Samarium demand is increasing due to its use in permanent magnets for hybrid vehicles.
By Application:
Applications include magnets, metallurgy, batteries, polishing, glass & ceramics, catalysts, phosphors, and others. Magnets held the largest market share in 2023, with strong demand from electronics, motors, and sensors. The battery segment is expected to grow at the fastest pace, driven by the rising adoption of electric vehicles and advancements in energy storage technologies, especially in the U.S., China, and Europe.
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.
Market Driver
Increasing Production of Rare Earths outside China to Augment Market Potential
One of the factors that potentially accelerate the rare earth elements market growth in the coming years is the increasing production of these elements in countries other than China. In the US, for example, rare earth production rose from 18,000 MT in 2018 to 26,000 MT in 2019, according to the US Geological Survey (USGS), with the main supply of these elements from the Mountain Pass mine in California. Australia, to take another example, houses the sixth largest-known rare earth reserve in the world in Mouth Weld in Western Australia. The USGS notes that rare earth element production in the country has risen impressively in the past few years, standing at 21,000 MT in 2019. Another key country is India, which, according to the USGS, is producing far below its potential. Being home to 35% of the total global beach sand mineral deposits, the USGS believes that India can become a significant player in the rare earths industry.
Competitive Landscape-
Key Players Focus on Acquisitions and Signing Agreements to Intensify Competition
The global market houses numerous companies that are currently focusing on acquiring local organizations and signing new agreements with government bodies to compete with their rivals. Below is one of the latest industry developments:
- January 2021 : Lynas Rare Earths Limited and the U.S. Government signed an agreement to construct a Light Rare Earths separation plant in Texas through Lynas USA LLC, a wholly owned subsidiary. The new plant is estimated to produce rare earth elements at around 5,000 tonnes per annum.
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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The global plastics market was valued at USD 524.48 billion in 2024 and is expected to reach USD 754.23 billion by 2032, growing from USD 533.59 billion in 2025 at a compound annual growth rate (CAGR) of 5.1% during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report titled, “Plastics Market, 2025-2032.” Plastics are polymers that are versatile, easy to produce, moldable, waterproof in nature, low cost, and lightweight, used to produce different products such as spacecraft and others. The plastics produced using renewable biomass sources, including vegetable oil, sawdust, food waste, and corn starch, are known as bioplastics.
According to the study, synthetic material has gained considerable traction due to easy manufacturing, lightweight, low cost, and versatility. Amidst depleting sources of polymers, recyclable products could gain considerable traction globally. Notably, healthcare & pharmaceutical, automotive, and packaging sectors will exhibit stellar demand for sustainable packaging solutions.
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Report Coverage
The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.
Segments
Polyvinyl Chloride (PVC) to Gain Traction with Rising Demand for Resistance to Chemicals
In terms of type, the market is segregated into polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyurethane, polystyrene, and others. The polyvinyl chloride segment will account for a considerable share of the global market due to electric insulation and the demand for resistance to chemicals.
Packaging to Remain Dominant Due to Robust Demand from Food & Beverage Sector
With respect to end-use industry, the market is segregated into packaging, automotive & transportation, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceutical, electrical & electronics, textile, and others. The packaging segment will exhibit notable growth during the assessment period, largely due to rising demand from the food & beverage sector.
Major Players Profiled in the Plastics Market Report:
- LyondellBasell Industries N.V. (Netherlands)
- ExxonMobil Chemical (U.S.)
- Ducor Petrochemicals (Netherlands)
- Reliance Industries Limited (India)
- Formosa Plastic Group (Taiwan)
- Total S.A. (France)
- Braskem (Brazil)
- BASF SE (Germany)
- Repsol (Spain)
- Borouge (UAE)
- Borealis AG (Austria)
- MOL Group (Hungary)
- Beaulieu International Group (Belgium)
Drivers and Restraints
Expanding Footprint of Engineering Plastics to Propel Growth Potentials
The plastics market share will witness notable traction during the forecast period, largely due to better mechanical and thermal properties. Surging demand for better polymer solutions will encourage leading companies to expedite investments. Prominently, surging demand for metal substitution could play a pivotal role in boosting the material demand. Furthermore, the food industry is poised to be the major recipient of plastics that avoid contamination and minimize food quality degradation. Increased usage of the polymer in fashion, sports, and toy-making will bode well for the industry growth.
Competitive Landscape
Major Players Prioritize Collaboration to Tap into Markets
Prominent players could inject funds into mergers & acquisitions, product rollouts, technological advancements and R&D activities. Besides, major companies could invest in innovations and product offerings in the ensuing period.
Key Industry Development
- January 2022 : Borealis joined hands with Reclay Group to keep up with the demand for recyclate material for use in high-end plastic applications.
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According to Fortune Business Insights the global activated carbon market was valued at USD 5.70 billion in 2024 and is projected to decline slightly to USD 5.62 billion in 2025 before experiencing strong growth to reach USD 10.04 billion by 2032, registering a CAGR of 8.7% during the forecast period. Activated carbon, also known as activated charcoal, is a form of carbon processed to have small, low-volume pores that increase its surface area for adsorption or chemical reactions. It is widely used for purification, filtration, and decolorization across industries.
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 Activated Carbon 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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Activated Carbon Market Segmetation:
By Type: The global activated carbon market is segmented into powdered (PAC), granular (GAC), and others.
Granular Activated Carbon (GAC) holds the largest market share due to its reusability, effective contaminant removal, and wide use in air and water purification, food & beverage processing, and wastewater treatment.
Powdered Activated Carbon (PAC) is expected to grow steadily, driven by high adsorption efficiency and increasing use in water treatment. Its fine particle size provides a larger surface area, making it ideal for removing organic impurities and minimizing treatment costs in high-flow systems.
By Application: Based on application, the market is categorized into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare, and others.
Water Treatment dominates the market, fueled by the global need for clean drinking water and strict environmental regulations. Activated carbon is effective in removing taste, odor, and organic contaminants.
Air & Gas Purification sees growing demand due to rising air pollution concerns and government regulations on flue gas emissions and mercury control.
Food & Beverage applications are expanding, with activated carbon used for decolorization, odor removal, and refining edible oils, amid increasing focus on food safety.
Pharmaceutical & Healthcare use is growing in treatments such as hemodialysis, poisoning, and drug overdoses.
Other applications include energy storage, rare metal recovery, and specialty chemical manufacturing, driven by increasing demand for advanced energy solutions.
List of the Key Players in the Activated Carbon Market:
- 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)
- Carbon Activated Corporation (U.S.)
Competitors Landscape:
The realm of Activated Carbon Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
What are the New Additions in Activated Carbon Market Report?
Comprehensive Market Analysis : The 2023 report provides a detailed industry overview, analyzing key market trends, growth drivers, challenges, and opportunities. It covers various sectors within the industry and offers insights into market size, market share, and market segmentation.
Company Profiles : The report includes additional in-depth information on key company players operating in the industry. It offers detailed profiles of these companies, highlighting their financial performance, product portfolios, strategic initiatives, partnerships, and competitive landscape analysis.
Customization and Analyst Support : The report offers customized services and analyst support upon request. This may include tailored research, specific data requirements, or personalized insights based on the client's needs and preferences.
Recent Market Developments : The report incorporates the latest market developments that have occurred since the previous edition. It includes recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other significant events shaping the industry landscape.
Futuristic Growth Opportunities : The report identifies and presents future growth opportunities in the industry. It explores emerging technologies, market trends, consumer preferences, and regulatory factors that are expected to drive growth and innovation in the coming years.
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According to Fortune Business Insights the global masterbatch market was valued at USD 10.99 billion in 2018 and is projected to grow to USD 16.35 billion by 2026, registering a CAGR of 5.3% during the forecast period. Masterbatch is a solid or liquid additive used in the plastics industry to color raw polymer or impart other desired properties to plastics. It consists of a concentrated mixture of pigments or additives that is encapsulated into a carrier resin during a heat process and then cooled and cut into a granular shape.
Masterbatch is a concentrated mixture of pigments or additives encapsulated into a carrier resin, which is then used to color or enhance the properties of plastics during the manufacturing process. It allows for efficient and consistent dispersion of color and functional additives (such as UV stabilizers, flame retardants, or anti-static agents) in plastic products. Masterbatches come in various types including black, white, color, additive, and filler.
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Masterbatch Market Segmentation:
By Type:
The market is segmented into white, black, color, additive, and filler masterbatches.
White masterbatch holds the largest share, primarily due to its high titanium dioxide content (~75%), offering excellent opacity, brightness, and high refractive index.
Black masterbatch contains about 50% carbon black and is widely used for its UV protection, conductivity, and deep black pigmentation.
Color masterbatch is expected to grow rapidly owing to its excellent light and weather fastness, with broad usage in bottles, cables, and household items.
By Polymer:
Segmentation includes polyethylene, polypropylene, PVC, PET, and others.
Polyethylene dominates due to its versatility across HDPE, LDPE, and LLDPE, widely used in packaging and construction.
Polypropylene is growing fast, valued for its antibacterial and antimicrobial properties, and its use in consumer and construction applications.
By End-Use:
Key end-use industries are packaging, building & construction, consumer goods, automotive, agriculture, and others.
Packaging is the leading segment, driven by demand for durable and functional plastic packaging.
Building & construction is expanding quickly, supported by the increased use of masterbatch-enhanced plastics for durability, UV resistance, and longevity.
Automotive applications use masterbatches to enhance resistance to heat, UV, and environmental stress, especially in interior and exterior plastic components.
Market Drivers:
Rise in Demand for Plastic from Pharmaceutical Industry for Packaging will Bolster Growth
Various factors are responsible for the global masterbatches market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years.
List of Masterbatches Market Manufacturers include:
- Ampacet Corporation
- PolyOne
- PLASTIKA KRITIS S.A.
- Hubron International
- Penn Color Inc.
- Clariant
- Schulman, Inc.
- Cabot Corporation
- Plastiblends
- Tosaf
- Other Players
Competitive Landscape:
Fragmented Nature of Market will Intensify Competition
The global masterbatches market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.
Major Industry Developments of the Market include:
February 2019 – PLA masterbatches were launched by Viba, a masterbatch producer in Italy. It is a range of color concentrating additives or combining masterbatches based on a PLA carrier material and optimized for various processing technologies.
December 2019 – Clariant Color and Masterbatches Additives Company were acquired by PolyOne Corporation for introducing specialized technology and solutions to the end-user market for apparel, packaging, and healthcare.
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The Global Flat Steel 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 Flat Steel 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.
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 Flat Steel 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:
The global flat steel market was valued at USD 433.83 billion in 2023 and is expected to grow from USD 526.57 billion in 2024 to USD 803.61 billion by 2032, registering a CAGR of 4.6% during the forecast period.
List of the Key Players in the Flat Steel Market:
- ArcelorMittal (Luxembourg)
- NIPPON STEEL CORPORATION (Japan)
- Ezz Steel (Egypt)
- Tata Steel (India)
- HBIS Group (China)
- Voestalpine Group (Austria)
- ThyssenKrupp Steel Europe (Germany)
- Metals USA (U.S.)
- POSCO (South Korea)
- Yieh Corp. (Taiwan)
Competitors Landscape:
The realm of Flat Steel Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
Falt Steel Market Segmentation:
By Type
The flat steel market is segmented into Hot Rolled Coil (HRC), Cold Rolled Coil (CRC), sheets, and others. Among these, the HRC segment is expected to maintain its dominance during the forecast period. This is attributed to its growing demand across agriculture equipment, construction, machinery, and pipe-making applications. HRC offers high strength, durability, temperature resistance, and formability. Moreover, its use in applications that require minimal force or shaping, along with ongoing technological innovations, supports the segment’s expansion.
By Application
Based on application, the market is categorized into construction, automotive & transportation, mechanical equipment, energy, packaging, and others. The construction segment held the largest share in 2023, driven by the use of flat steel in roofing, welded structures, sheds, and staircases. Its lightweight nature, safety features, and cost-efficiency make it a preferred choice. The shift toward modern construction techniques, such as monolithic construction, is also contributing to increased product demand.
The present study is composed of several unique divisions, neatly sorted by geographic location (nation), producers, classification, and usage. Every section presents a comprehensive overview of the product for the projection timeframe, offering valuable observations into the Flat Steel Market at hand. This approach to categorizing the information plays a crucial role in assessing the importance of numerous factors that foster market expansion, while also facilitating the recognition of nascent trends and prospects.
What are the New Additions in Flat Steel Market Report?
Comprehensive Market Analysis : The 2023 report provides a detailed industry overview, analyzing key market trends, growth drivers, challenges, and opportunities. It covers various sectors within the industry and offers insights into market size, market share, and market segmentation.
Company Profiles : The report includes additional in-depth information on key company players operating in the industry. It offers detailed profiles of these companies, highlighting their financial performance, product portfolios, strategic initiatives, partnerships, and competitive landscape analysis.
Customization and Analyst Support : The report offers customized services and analyst support upon request. This may include tailored research, specific data requirements, or personalized insights based on the client's needs and preferences.
Recent Market Developments : The report incorporates the latest market developments that have occurred since the previous edition. It includes recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other significant events shaping the industry landscape.
Futuristic Growth Opportunities : The report identifies and presents future growth opportunities in the industry. It explores emerging technologies, market trends, consumer preferences, and regulatory factors that are expected to drive growth and innovation in the coming years.
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The Global Polyhydroxyalkanoate 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 Polyhydroxyalkanoate 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.
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 Polyhydroxyalkanoate 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:
The global polyhydroxyalkanoate market size was USD 38.8 million in 2024. it is projected to grow from USD 50.0 million in 2025 to USD 301.7 million in 2032 at a CAGR of 29.3% during the forecast period.
List of the Key Players in the Polyhydroxyalkanoate Market:
- Bio-on SpA Source (Italy)
- PolyFerm Canada (Canada)
- Tianjin GreenBio Materials Co., Ltd. (China)
- Kaneka Corporation (Japan)
- Danimer Scientific (U.S.)
- Newlight Technologies (U.S.)
- RWDC (U.S.)
- Tianan Enmat (China)
- Paques Biomaterials (The Netherlands)
- CjBio (South Korea)
- Bluepha (China)
Competitors Landscape:
The realm of Polyhydroxyalkanoate Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
Segment:
Transformer Segment to Lead Backed by Presence of Amorphous Alloys in Magnetic Core
Based on application, the market is segregated into transformers, magnetic shielding, magnetic sensors, flexible antenna, electronic article surveillance, and others. Out of these, the transformers segment held 55.9% in terms of amorphous soft magnetic materials market share in 2019. This segment would lead the market in the near future as amorphous alloys are extensively used to develop the magnetic core of the transformers. This, in turn, provides improved efficiency and reduces the overall weight of the transformer.
Drivers & Restraints:
High Demand for Amorphous Alloys to Accelerate Growth
Amorphous alloys mainly contain cobalt, nickel, and iron with silicon or phosphorus, carbon, and boron. Industrial consumers are nowadays trying to reduce operating cost, save energy, and operate efficiently. Hence, they are looking for amorphous alloys which are helping them to fulfil their requirements. Apart from that, they have numerous significant properties, such as good mechanical strength and low coercive field. These factors are set to boost the amorphous soft magnetic materials market growth throughout the forthcoming years. However, the availability of several substitute soft magnetic materials may hamper growth.
Regional Analysis:
Asia Pacific to Dominate Stoked by Rising Development of Transformers in China
Regionally, Asia Pacific generated USD 286.1 million in terms of revenue in 2019. This growth is attributable to the major contributions of China. It is considered to be one of the largest manufacturers of amorphous metal transformers, thereby resulting in the surging demand for amorphous soft magnetic materials. Apart from that, the rising usage of electric vehicles (EVs) in this country is set to augment the market growth in Asia Pacific. Europe, on the other hand, is expected to remain in the second position stoked by the presence of a well-established electronics industry in Germany.
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Polypropylene Fiber Market Analysis by Type, Application & Region – Forecast to 2032
By Pallavi G, 2025-06-23
The global polypropylene fiber market is witnessing robust growth driven by its increasing use in geotextiles, automotive, hygiene, and construction applications. Polypropylene fiber, known for its lightweight, high strength, moisture resistance, and affordability, is a preferred material in nonwoven and woven fabric applications.
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 Amorphous Soft Magnetic Materials 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:
The global polypropylene fiber market was valued at USD 4.11 billion in 2024 and is expected to grow to USD 4.36 billion in 2025. The market is projected to reach USD 6.75 billion by 2032, registering a compound annual growth rate (CAGR) of 6.5% during the forecast period.
List of the Key Players in the Amorphous Soft Magnetic Materials Market:
- Beaulieu Fibres International NV (Belgium)
- Chemosvit Fibrochem, s.r.o. (Slovakia)
- Indorama Ventures Public Company Limited (Thailand)
- Mitsubishi Chemical Group (Japan)
- Radici Partecipazioni SpA (Italy)
- DuPont (U.S)
- Avient (U.S.)
- FiberPartner (Denmark)
- IFG International Fibres Group (Austria)
- Sika (U.S.)
Competitors Landscape:
The realm of Amorphous Soft Magnetic Materials Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
Segmentation:
By Product Type
In 2024, the staple fiber segment accounted for the largest market share and is projected to maintain its dominance throughout the forecast period. This is primarily attributed to its extensive application in nonwoven products, including hygiene items (such as diapers and sanitary products), geotextiles, and automotive interiors. Staple fibers offer superior bulk, thermal insulation, and cost efficiency, making them especially valuable in single-use and disposable applications where a high strength-to-weight ratio is crucial.
By End-use Industry
In 2024, the textile segment held the largest share of the polypropylene fiber market. This dominance is driven by the fiber’s increasing use in sportswear, outdoor clothing, carpeting, and upholstery. Polypropylene fibers are lightweight, durable, and exhibit excellent moisture-wicking, stain resistance, and colorfastness, making them highly suitable for performance apparel and home textiles. The demand for easy-care, quick-drying fabrics continues to support the growth of this segment.
Key Market Drivers:
Rising Infrastructure Development : Increased investments in road construction and civil engineering are boosting demand for geotextiles, where polypropylene fiber plays a key role.
Growth of Hygiene Products : Nonwoven polypropylene fibers are widely used in diapers, sanitary products, and medical masks, driving market growth.
Lightweight Automotive Components : Auto manufacturers are shifting to lightweight materials for better fuel efficiency and performance, increasing polypropylene fiber consumption.
Textile and Apparel Industry Growth : Polypropylene fiber’s moisture-wicking properties make it ideal for sportswear and performance fabrics.
Key Industry Developments:
May 2023 : Avient Corporation, a prominent provider of specialized and sustainable material solutions, presented its comprehensive portfolio of sustainable polymers, colorants, additives, specialty engineered materials, and related services at Plastimagen 2023.
April 2023 : Beaulieu Fibres International unveiled its range of sustainable bio-component fibers at INDEX 23. Highlights included Meralux for material reduction, Ultrabond for binder-free bonding, and Hyper Soft for enhanced comfort. Additionally, the company’s production facilities in Belgium and Italy achieved ISCC Plus certification for bio-circular fibers.
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Amorphous Soft Magnetic Materials Market Demand, Growth Trends & Forecast 2032
By Pallavi G, 2025-06-23
The Global Amorphous Soft Magnetic Materials 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 Amorphous Soft Magnetic Materials 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.
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 Amorphous Soft Magnetic Materials 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:
The global amorphous soft magnetic materials market size was USD 522.4 million in 2019 and is projected to reach USD 728.5 million by 2027, exhibiting a CAGR of 4.7% during the forecast period.
List of the Key Players in the Amorphous Soft Magnetic Materials Market:
- Hitachi Metals, Ltd. (Tokyo, Japan)
- VACUUMSCHMELZE GmbH Co KG (Hanau, Germany)
- CHINA AMORPHOUS TECHNOLOGY CO., LTD. (Guangdong, China)
- BOMATECH (Höri, Switzerland)
- Toshiba Materials Co., Ltd. (Yokohama, Japan)
- AMES SA (Barcelona, Spain)
- Advanced Technology & Materials Co., Ltd. (Beijing, China)
- MK Magnetics Inc. (California, U.S.)
Competitors Landscape:
The realm of Amorphous Soft Magnetic Materials Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
Segmentation:
The present study is composed of several unique divisions, neatly sorted by geographic location (nation), producers, classification, and usage. Every section presents a comprehensive overview of the product for the projection timeframe, offering valuable observations into the Amorphous Soft Magnetic Materials Market at hand. This approach to categorizing the information plays a crucial role in assessing the importance of numerous factors that foster market expansion, while also facilitating the recognition of nascent trends and prospects.
What are the New Additions in Amorphous Soft Magnetic Materials Market Report?
Comprehensive Market Analysis : The 2023 report provides a detailed industry overview, analyzing key market trends, growth drivers, challenges, and opportunities. It covers various sectors within the industry and offers insights into market size, market share, and market segmentation.
Company Profiles : The report includes additional in-depth information on key company players operating in the industry. It offers detailed profiles of these companies, highlighting their financial performance, product portfolios, strategic initiatives, partnerships, and competitive landscape analysis.
Customization and Analyst Support : The report offers customized services and analyst support upon request. This may include tailored research, specific data requirements, or personalized insights based on the client's needs and preferences.
Recent Market Developments : The report incorporates the latest market developments that have occurred since the previous edition. It includes recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other significant events shaping the industry landscape.
Futuristic Growth Opportunities : The report identifies and presents future growth opportunities in the industry. It explores emerging technologies, market trends, consumer preferences, and regulatory factors that are expected to drive growth and innovation in the coming years.
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According to Fortune Business Insights the agricultural surfactants market was valued at USD 1,392.8 million in 2019 and is expected to reach USD 1,927.5 million by 2027, growing at a CAGR of 5.1% during the forecast period. The growth is attributed to the increasing population rate and the growing demand for crop protection that is driving the adoption of advanced agricultural surfactants globally. This information is published by Fortune Business Insights, in its latest report.
Limited Availability of Agrochemical Supplies to Hamper Growth Prospects
The lockdown amid the novel coronavirus announced by the government agencies have halted several industrial operations globally. This has led to major supply chain disruption being experienced by the agriculture sector. Additionally, the limited availability of agrochemical supplies is likely to affect the market growth leading to several problems faced by the farmers. However, lifting off some restrictions is likely to aid the growth of the market in the forthcoming years.
Agricultural surfactants are additives that are widely adopted in the agriculture sector to improve the effectiveness of the pesticides. They are further used to efficiently and effectively obtain superior crop yield and manage better crop protection. The growing demand for food is propelling the manufacturers to develop advanced agricultural surfactants globally.
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DRIVING FACTORS:
Increasing Population Rate to Augment Growth
According to the data by the United Nations, the global population is expected to reach about 8.5 billion by 2030. And 9.7 billion by 20250. The growing rate of population is likely to propel the demand for food and to suffice the needs the agriculture sector is expected to focus on the development of superior quality yield. These factors are anticipated to drive the demand for advanced agricultural surfactants globally. Additionally, supportive government regulations to promote sustainable farming practices and the increasing focus on crop protection is expected to contribute to the growth of the global agricultural surfactants market during the forecast period.
AGRICULTURAL SURFACTANTS MARKET SEGMENTATION:
Anionic Segment Held 35.42% Market Share in 2019
The anionic segment, based on type, held a market share of about 35.42% in 2019 and is expected to gain momentum backed by the surging adoption of anionic agricultural surfactants owing to their ability to release surface tension in liquids to promote better spread of agricultural chemicals.
REGIONAL INSIGHTS:
Technological Advancement in Agriculture in North America to Propel Market Growth
Among all the regions, North America is expected to remain dominant and hold the highest position in the global agricultural surfactants market. This is ascribable to factors such as technological advancement in the agriculture industry such as the introduction of genetically modified seeds and the focus on sustainable farming that drives the demand for advanced agricultural surfactants in the region. North America stood at USD 582.9 million in 2019.
The market in Asia-Pacific is expected to gain momentum owing to the presence of a large population that is propelling the demand for optimum quality food yield in countries such as Japan, China, and India between 2020 and 2027.
COMPETITIVE LANDSCAPE:
Product Innovations by Key Players to Brighten Their Market Prospects
The global agricultural surfactants market comprises small, medium, and large companies that are focusing on adopting organic and inorganic strategies to maintain their presence. These companies are developing innovative agricultural surfactants to cater to the growing demand from farmers. Furthermore, other key players are striving to maintain a stronghold by adopting strategies such as merger and acquisition, partnership, and collaboration that will favor the market growth.
Industry Development:
- March 2020 - Wilbur-Ellis Company announced the launch of a unique blend of surfactants, EMBRECE-EATM. The agricultural surfactant is designed to improve the performance of fungicides, miticides, and insecticides by increasing the wetness and spread of the spray materials.
List of Companies Profiled in the Global Market for Agricultural Surfactants:
- BASF SE (Ludwigshafen, Germany)
- AkzoNobel (Amsterdam, Netherlands)
- Evonik (Essen, Germany)
- Solvay (Brussels, Belgium)
- Huntsman Corporation (Texas, the U.S.)
- Nufarm (Melbourne, Australia)
- Clariant (Muttenz, Switzerland)
- Helena Chemical Company (Tennessee, U.S
- Croda International (Snaith, UK)
- Wilbur-Ellis Company (San Francisco, the U.S.)
- Stepan Company (Florida, the U.S.)
- Nouryon Company (Amsterdam, Netherlands)
- Other Key Players
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Thermal Spray Coatings Market Demand, Growth Drivers & Future Trends by 2032
By Pallavi G, 2025-06-20
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Thermal spray coatings are generally adopted to either restore or improve the surface of wide range of materials. These coatings prevent the surface from erosion, abrasion, corrosion, wear and tear, and heat, among other external factors. Owing to their several benefits, they are widely adopted across several industrial applications such as automotive, aerospace, and oil & gas.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis. It includes the competitive landscape that involves leading companies and novel products as well as major collaborations. The research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Adoption of Thermal Spray Coatings inn Aerospace to Favor Growth
The growing demand to improve fuel efficiency and performance of aircraft is driving the demand for innovative thermal spray coatings across the aerospace industry. These coating protect turbine blades of engines from extreme temperatures, while ensuring high reliability of the components for longer duration. In addition to this, the increasing refurbishment activities to replace old components of the aircraft are expected to propel the demand for these coatings across the globe. Therefore, the growing aerospace sector backed by rising travel globally is expected to drive the global thermal spray coatings market in the forthcoming years.
SEGMENTATION
Ceramic Segment Held a Major Market Share in 2019
The ceramic segment, based on material, held a major market share in 2019 and is expected to experience an exponential growth owing to the increasing adoption of ceramic coatings by biomedicine industry across the globe.
REGIONAL INSIGHTS
North America to Remain Dominant; Growing Aviation Sector in North America to Surge Demand
Among all the regions, North America is expected to remain at the forefront and hold the highest position in the global thermal spray coating s market in the forthcoming years. This domination is attributable to the growing aviation sector that is driving the demand for advanced thermal spray coating to improve aircraft efficiency and prevent the components from corrosion. The region stood at USD 3,217.6 million in 2019.
The market in Europe is anticipated to experience a significant growth backed by the increasing adoption of thermal spray coatings over hard chrome coatings owing to stringent government regulations in the region between 2020 and 2027.
COMPETITIVE LANDSACPE
Major Companies Focus on Investments in R&D Activities to Brighten Market Prospects
The global thermal spray coatings market is fragmented by the presence of the small, medium, and large companies that are focusing on investing in developing advanced thermal spray coatings to leverage the rising demand from the aerospace and automotive sector. The adoption of strategies such as merger and acquisition, collaboration, and partnership by key players is further expected to boost the prospects of the market in terms of revenue during the forecast period.
Industry Development:
- June 2020 – Flame Spray Spa, an Italian thermal spray coatings specialist, announced its investment in QIH 122 M URC Hot Isostatic Press (HIP) by Quintus Technologies. According to the company, the purchase in meant to cater to the growing demand for heat treatment and densification of aerospace parts and other components.
List of the Companies Profiled in the Global Market for Thermal Spray Coatings:
- Praxair S.T. Technology, Inc. (U.S.)
- Bodycote (UK)
- Oerlikon Metco (Switzerland)
- Surface Technology UK (UK)
- C. Starck GmbH (Germany)
- W. Gartner Thermal Spraying (U.S.)
- Höganäs AB (Swedan)
- Metallisation Limited (UK)
- Flame Spray SpA (Italy)
- BryCoat Inc. (U.S.)
- Carpenter Technology Corporation (U.S.)
- A&A Thermal Spray Coatings (U.S.)
- ASB Industries, Inc. (U.S.)
- Polymet Corporation (U.S.)
- TST Coatings Inc. (U.S.)
- Other Key Players
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