The global   roof coating market   size was valued at USD 1.79 billion in 2024. The market is projected to grow from USD 1.86 billion in 2025 to USD 2.53 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period. Roof coating is a protective chemical layer applied to residential, commercial, and industrial rooftops. These coatings are specifically formulated for roofing applications to safeguard surfaces from chemical exposure, water infiltration, and physical damage. Their primary function is to extend the lifespan of both existing and newly constructed roof systems. Unlike regular roof paints, roof coatings contain a higher solid content, offering superior resistance to wind, water, and UV radiation. They are also applied based on volume per square foot rather than in simple paint layers. As a result, roof coatings serve as a cost-effective and durable alternative to roof replacement, driving their growing demand across the construction industry.

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

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Segmentation Analysis:

Urethane Coatings Segment to Register Considerable Upsurge Impelled by Superior Properties

By type, the market is fragmented into acrylic, urethane coatings, silicone, bituminous, and others. The urethane coatings segment held the largest market share and is touted to depict lucrative growth throughout the anticipated period. The surge is impelled a range of advantages of the product comprising strength, high durability, and long life span.

Asphalt Segment to Record Substantial Growth Owing to the Growing Cost-effectiveness of the Product

Based on substrate, the market is subdivided into asphalt, plastic, metal, membrane, concrete, and others. The asphalt segment is slated to register appreciable growth over the forecast period. The expansion is on account of the cost-effectiveness of the product and easy installation.

Water-based Segment to Exhibit Lucrative Expansion Owing to the Advantage of Excellent Tensile Strength

Based on technology, the market is subdivided into water-based, solvent-based, and others. The water-based segment is anticipated to depict considerable growth throughout the projected period. The rise is impelled by the excellent tensile strength exhibited by water-based coatings.

Residential Segment to Depict Appreciable Expansion Impelled by Growing Demand for Public Construction

By end-use, the market is bifurcated into residential and non-residential. The residential segment is expected to dominate the market over the study period. The growth is driven by increasing migration and urbanization.

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

Drivers and Restraints:

Rising Silicone Coating Demand to Impel Market Growth

The roof coating market growth is being impelled by the escalating demand for silicone coating. The product can be deployed on a range of rooftops that suffer from physical damage, water leaking, sagging, and odd weather conditions.

However, the market expansion may be hindered by the high cost associated with roof coatings production.

Regional Insights:

Asia Pacific to Emerge as a Leading Region Propelling Construction Demand

The Asia Pacific market has registered an upsurge in construction demand for airports, malls, residential buildings, parks, and others. This is slated to augment the regional roof coating market share over the projected period.

The Europe market is poised to fare well, exhibiting a remarkable CAGR over the analysis period. The growth is propelled by a rise in villas, bungalows, penthouses, and high-class infrastructure.

Competitive Landscape:

Leading Companies Ink Collaborations to Strengthen Market Foothold

Major market players are centered on adopting a range of initiatives such as collaborations and partnerships for strengthening their footing in the market. Acquisitions, merger agreements, collaborations, and partnerships are some of the key steps. Besides, market participants are also engaging in research activities and alliance formation to expand their product reach and for increasing their geographical footprints.

Key Industry Development:

November 2022 –   Dow chose AB Specialty Silicones as an authorized distributor in Canada and the U.S. The move was intended at supporting the business growth of OH functional silicone polymers in the market.

List of Key Players Mentioned in the Report:

• BASF SE (Germany)
• Akzo Nobel N.V. (Netherlands)
• RPM International Inc. (U.S.)
• PPG Industries (U.S.)
• The Sherwin-Williams Company (U.S.)
• HITAC ADHESIVES & COATINGS (India)
• Neogard (U.S.)
• DOW (U.S.)
• Wacker Chemie AG (Germany)
• SIKA AG (Switzerland)

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The global   waterproofing membrane market   size was valued at USD 30.74 billion in 2024. The market is projected to grow from USD 32.43 billion in 2025 to USD 47.71 billion by 2032 at a CAGR of 5.7% during the forecast period of 2025-2032. A waterproofing membrane is a protective layer designed to prevent water from penetrating and damaging structures. Widely used in construction, it safeguards buildings, roofs, foundations, and other structures against water infiltration. Acting as an effective barrier, it stops moisture from seeping through vulnerable surfaces. Growing emphasis on building safety, sustainability, and occupant health is expected to drive the demand for advanced, high-quality waterproofing membranes.

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Drivers & Restraints:

What is driving the growth of the waterproofing membrane market?
Rising demand for residential spaces in developing countries, fueled by population growth and government housing initiatives, is boosting the market. For example, India approved over 168,000 urban houses under the Pradhan Mantri Awas Yojana (PMAY) in 2021.

What factors may restrain market growth?
Some waterproofing membranes contain solvents and additives that release toxic fumes and VOCs, which can hinder market expansion.

Segmentation Analysis:

By Type

Which type dominates the market?
A: Sheet-based waterproofing membranes led the market in 2024 and are projected to grow steadily.

Why are sheet-based membranes preferred?
A: They provide uniform thickness, high durability, flexibility, and resistance to UV radiation and chemicals. Common types include modified bitumen, PVC, TPO, EPDM, and fluoropolymer sheets.

By Application

Which application holds the largest share?
A: Roofing, driven by the need for durable and sustainable solutions; bituminous membranes are widely used.

Which application is expected to grow rapidly?
A: Walls, due to the need for moisture protection in below-grade and exterior walls amid rising infrastructure and construction investments.

Regional Insights:

Which region dominates the market?
A: Asia Pacific, with revenue of USD 10.56 billion in 2020, remains a leader due to rising urban populations and demand for water-resistant infrastructure.

What is driving growth in Latin America and North America?
A: In Latin America, government investments in infrastructure are boosting demand. In North America, ongoing construction projects, such as Ethos Development’s five-story, 166-apartment building in Oregon, are propelling growth.

Competitive Landscape:

Key Companies Aim to Fulfil Unmet Demand by Introducing Novel Solutions

The global market houses several reputed manufacturers of waterproofing membrane that are currently striving to keep up with the high demand for the product from the expanding building and construction sector. Also, the emergence of green buildings is set to drive its demand. Some of the others are focusing on the acquisition strategy to compete with prominent firms.

List of Top Waterproofing Membrane Companies:

• Sika AG (Switzerland)
• Tremco Incorporated (U.S.)
• BASF SE (Germany)
• Soprema Group (France)
• GCP Applied Technologies (U.S.)
• Fosroc, Inc. (India)
• Mapei S.p.A. (Italy)
• Carlisle Company Incorporated (U.S.)
• Johns Manville (U.S.)
• Elmich Singapore (Singapore)
• Other Players

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The global   nickel nano powder market   size was valued at USD 356.5 million in 2021. The market is projected to grow from USD 387.0 million in 2022 to USD 758.8 million by 2029, exhibiting a CAGR of 10.1% during the forecast period. The market has grown terrifically well due to its growing applications in several industries such as research & laboratories, medical devices, nanomaterials, and electronics devices . Fortune Business Insights™   stated this in a report titled,   " Nickel Nano Powder Market , 2025-2032 ."

Nickel nano powder, or nickel nanoparticles, is a fine black or gray powder known for its superior electromagnetic, chemical, and mechanical properties. It is widely used in applications such as ceramic and lubricant additives, conductive coatings, and electromagnetic shielding. Growing demand from industries including chemical manufacturing, medical devices, research laboratories, nanomaterials, and electronics is driving market expansion. Furthermore, the rapid advancements in nanotechnology are broadening opportunities for scientists, manufacturers, and end-users, fueling additional market growth.

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Segments-

Growing Demand in the Electronics & Electrical Industry   Drives < 50 nm Segment

On the basis of type, the market is classified into ≥ 50 nm and < 50 nm. The < 50 nm segment is expected to rule due to its growing demand in the electronics & electrical industry.

Growing Trend for Digitalization will Favor the   Electronics Segment

Based on application, the market is categorized into research & laboratory, nuclear energy, nanomaterials, chemical manufacturing, electronics, and others. The electronics segment will gain traction due to the inclination toward digitalization.

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

Report Coverage

The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market growth.

Drivers and Restraints

Growing Applications for Industrial and Commercial Needs to Fuel Product Demand

The growing application for industrial and commercial needs is a crucial factor that increases the demand for the product. Furthermore, rise in interest among end-users toward advanced electronic products stimulates the need for the product. The growing demand for fuel cells in the automotive industry and the rising incorporation of ceramic capacitors in telecommunications are some factors escalating the product's demand.

Regional Insights

Rapid Advancements of Nanotechnology  Nurtures   Growth in Asia Pacific

Asia Pacific held a strong foothold in the nickel nano powder market share and is expected to lead the market across South Korea and China due to rapid advancements in nanotechnology.

Europe is likely to showcase excellent growth during the projected period due to rising product applications in the machinery and electronics sectors.

North America is anticipated to have considerable demand due to decent availability of technological resources across the region.

Competitive Landscape

Soaring Investments in Innovation will Favor Market Growth

Major companies, such as Sky Spring Nanomaterials, Inc., Tekna, and Otto Chemie Pvt. Ltd., will invest in technological verticals and R&D activities to establish their strong footholds in the market. Furthermore, contracts have been signed by key players to increase the production capacity of nickel nano powder to support the industrial needs. 

List of the Companies Profiled in   the Report :

• Tekna (Canada)
• Otto Chemie Pvt. Ltd. (India)
• Sky Spring Nanomaterials, Inc. (U.S.)
• Sisco Research Laboratories Pvt. Ltd (India)
• Nanoshel (India)
• American Elements (U.S.)
• Nanografi NanoTechnology (Turkey)
• ACS Material (U.S.)
• Parshwamani Metals (India)
• Guangzhou Hongwu Material Technology Co., Ltd. (China)

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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. 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.

Point-of-Use (POU) water treatment systems are installed in both residential and non-residential settings where water is directly consumed or used. Typically mounted at a single water outlet such as under kitchen counters, bathroom showers, these systems handle smaller volumes of water, making them ideal for the final stage of purification in homes or light commercial buildings. When combined with point-of-entry systems, they provide comprehensive treatment, ranging from contaminant removal to water softening.

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Segments:

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.

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.

Regional Insights:

Asia Pacific Holds Highest Market Share Due to Rapid Urbanization

Asia Pacific dominates the global point of use water treatment systems market share due to rapid urbanization and growth opportunities in the region. The regional market stood at USD 7.71 billion in 2021.

Europe is the second-largest contributor to the global market. The regional market growth is attributed to the increasing adoption of water treatment systems in the household sector. Furthermore, the rising adoption of recent technologies is expected to fuel the regional 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.

Key Industry Development:

• 
  

  February 2023 :  GE Appliances announced plans to establish a new distribution center in Greenville County as part of its strategy to expand operations in South Carolina. The facility is expected to support the company’s growing business.

• 
  

  July 2022:  Brita GmbH adopted eco-friendly Styrenics options—Terluran ECO, Styrolution PS ECO, and NAS ECO—for its water filter jugs, aiming to significantly reduce carbon emissions.

List of Key Players Profiled in   the Report :

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

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The global   activated carbon market   size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period. Activated carbon, also called activated charcoal, is a form of carbon that is majorly used in air purification and gas cleaning applications as they have a high absorption capacity and porosity. The growing use of this product in several industries, right from food & beverage to chemicals is expected to amplify market growth.

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

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Segmentation:

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

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

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

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

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

Report Coverage:

What does the report cover?

• Detailed segmentation by type, application, and region.
• Profiles of top market players and recent industry developments.
• Key market drivers, trends, and restraints influencing future growth.

Drivers and Restraints:

What factors are driving the activated carbon market growth?

• Rising adoption of air purification systems – increasing air pollution and health concerns are pushing consumers to install purification systems using activated carbon.
• Growing demand for safe drinking water – particularly in emerging economies, boosting usage in water treatment plants.

What are the key challenges restraining the market?

• Rising raw material prices for activated charcoal production.
• Limited availability of raw materials, which could affect supply and increase costs.

Regional Insights:

What regions are covered in the market analysis?

• The market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
• Asia Pacific dominates due to high consumption in India and China, where water treatment demand is growing rapidly.
• North America is witnessing strong growth owing to rising adoption of air and water purification solutions.

Competitive Landscape:

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

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

Key Industry Development:

• 
  

  May 2024:   Kuraray Co., Ltd. and its U.S. subsidiary Calgon Carbon Corporation announced plans to acquire Sprint Environmental Services, LLC’s industrial reactivated carbon business.

• 
  

  March 2023:   Cabot Corporation launched its EVOLVE technology program to recover carbon from end-of-life tires, reducing waste and carbon footprint.

List of Key Companies Profiled In the Report:

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

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The global   corrugated carton market   size was valued at USD 171.37 billion in 2024. The market is projected to grow from USD 178.22 billion in 2025 to USD 230.87 billion by 2032, exhibiting a CAGR of 3.77% during the forecast period. Corrugated cartons are produced by using two to three layers of liners, creating a robust structure. These cartons provide strength to the products, which helps for the transportation of goods. They are resistant to tear and pressure and are light in weight which is anticipated to increase their demand and boost market growth during the forecast period.

Fortune Business Insights™   mentioned this in a report titled, “ Corrugated Carton Market, 2025-2032 .”

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Segmentation Analysis:

Increasing Cost-Effectiveness to Drive Single Wall Segment Growth

By wall type, the market is divided into single wall, double wall, and triple wall. The single wall segment holds the largest corrugated carton market share as single wall cartons are highly cost-effective and lightweight.

Growing Utilization of Slotted Cartons by Customers to Boost Slotted Carton Segment Growth

By product type, the market is classified into slotted carton, folding carton, telescope carton, and die cut carton. The slotted carton segment dominates the market due to increasing utilization by several companies and customers to ship their products. The increased demand is driven by strong flaps & stable structure of slotted cartons.

Growing Usage of Corrugated Cartons in Food & Beverage Industry to Boost Food & Beverage Segment Growth

Based on end-use industry, the market is segmented into food & beverage, pharmaceutical, e-commerce, chemicals, building & construction, and others. The food & beverage segment accounted for the largest market share in 2022 owing to the increasing usage of corrugatedcartons in the food & beverage industry and rising sustainability.

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

Drivers & Restraints:

What is the major driver of market growth?

A:   The growing demand from the e-commerce sector is the primary driver, supported by the need for safe, customizable, and printable packaging for online retail, food, and pharmaceuticals.

What is a key restraint impacting market growth?

A:   Rising raw material and kraft paper costs globally could limit market expansion during the forecast period.

Regional Insights:

Which region leads the global corrugated carton market?

A:   Asia Pacific dominates the market, fueled by growing e-commerce sales and rising consumer interest in online shopping.

Which region is the second largest market?

A:   Europe is the second-leading region, benefitting from regulations banning single-use plastics, which boost the shift toward corrugated packaging.

Key Industry Development:

• July 2023 –   Apex Packaging: Opened a new corrugated box plant in Samail Industrial City, offering cost-effective, eco-friendly, and recyclable packaging solutions to meet rising market demand.
• July 2022 –   Menasha Packaging: Acquired Color-Box to expand its geographic footprint and enhance packaging options across multiple industries, including food & beverage, consumer products, and pharmaceuticals.

List of Key Players Present in the Report :

• Rengo Co., Ltd. (Japan)
• Mondi Group (U.K.)
• Smurfit Kappa (Ireland)
• International Paper (U.S.)
• WestRock Company (U.S.)
• DS Smith (U.K.)
• Cascades (Canada)
• Georgia-Pacific, LLC (U.S.)
• Kapco Packaging (India)

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The global   marble market   size was valued at USD 69,520.45 Million in 2024. The market is projected to grow from USD 73,026.46 Million in 2025 to USD 93,526.35 Million by 2032 at a CAGR of 3.78% during the forecast period.   Marble is a metamorphic rock composed of recrystallized carbonate materials, primarily calcite or dolomite. It reforms through the transformation of limestone under high pressure and temperature. Its beauty and durability have resulted in its multiple applications. It is widely adopted in architecture and sculpture, adorning buildings, monuments, and artworks.

The COVID-19 pandemic significantly impacted the global market. Lockdowns and health concerns resulted in the closure and minimized operations of quarries and processing facilities in major marble-producing nations and a decline in production. However, the market experienced recovery as restrictions were eased. The increasing demand for residential projects supported the market's growth.

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

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Segmentation:

White Color Captured Largest Market Share Due to its Widespread Adoption in Building and Construction Projects

Based on color, the market is classified into white, black, yellow, red, and others. The white color segment captured the largest marble market share in 2023 and is projected to grow significantly in the coming future. This growth is influenced by its widespread adoption in building and construction projects in flooring, walls, and countertops, driven by its durability and aesthetic appeal.

Building & Construction Dominated Market Due to Durability and Aesthetic Appeal of Marble

Based on application, the market is segmented into building & construction, statues & monuments, furniture, and others. The building & construction segment accounted for the largest share of the market in 2023. This growth can be attributed to its properties, such as durability, aesthetic appeal, and versatility as a building material.

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

Report Coverage:

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

Drivers and Restraints:

Increasing Need for Sustainable Construction to Fuel Market Expansion

Marble, being a renewable resource, can be extracted with reduced carbon emissions when sourced properly. Its longevity is also a contributing factor supporting sustainable construction. Buildings and structures made from this material necessitate less maintenance and tend to have extended lifespans in comparison to those constructed with less durable materials. This durability property also minimizes the requirement for frequent replacements and lowers wastage, appealing to sustainable construction. These factors contribute to the overall marble market growth.

However, market growth is restricted by the constraining factor of the availability and affordability of high-quality raw materials.

Regional Insights:

Europe Held Dominant Market Share Due to Product’s Historical and Cultural Significance

The European region held the dominant market share, generating a value of USD 31.08 billion in 2023. The region’s growth can be attributed to the historical and cultural significance of the product and its application in high-end construction and design.

The North American region is expected to witness growth. Residential and commercial construction activities in the region significantly contribute to its market growth.

Competitive Landscape:

Major Players to Focus on Price, Quality, and Variety of Marble Types Offered to Maintain Their Competitiveness in Market

Some of the major players operating in this market are Levantina y Asociados de Minerales SA, Polycor Inc., Daltile, Temmer Merme, and Antolini Luigi & CSpa. The market is characterized by fragmentation with several players of different sizes, from local quarry operations to large, vertically integrated companies. The market is highly competitive and based on factors such as price, quality, variety, and value-added services.

Notable Industry Development:

May 2023:   Polycor Inc. acquired ROCAMAT, a major player in the international building stone production sector and a major natural stone producer in France. ROCOMAT operates 30 limestone quarries and four processing facilities in France. This acquisition aims to foster new growth opportunities for Polycor in the country.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Levantina y Asociados de Minerales, S.A. (Spain)
• Polycor Inc. (Canada)
• Daltile (U.S.)
• Temmer Mermer (Turkey)
• Antolini Luigi & CSpa (Italy)
• TOPALIDIS S.A. (Greece)
• Dimpomar (Portugal)
• Fox Marble, Inc (U.K.)
• Kangli Stone Group (China)
• Best Cheer Stone (U.S.)

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The global   blow molded plastics market   size was USD 77.07 billion in 2019, and it is projected to reach USD 100.13 billion by 2027, exhibiting a CAGR of 2.8% during the forecast period. Blow molding is a cost-effective way of manufacturing plastics wherein a heated plastic is molded into a cavity that eventually forms a hollow material or object. The high efficiency of this product, coupled with its low cost, makes it a preferred choice among manufacturers. The massive investments in upgrading manufacturing methods and increasing efforts in product R&D will have a huge impact on the growth of the overall market in the coming years. The presence of several large scale manufacturers across the world, driven by the rising demand and applications of the product will bode well for the growth of the market in the coming years. Additionally, the increasing applications of blow molded plastics across diverse industry verticals will create several growth opportunities.

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Segmentation Analysis:

By Resin Analysis:
Polyethylene accounted for the largest share of the global blow molded plastics market in 2019. It is further segmented into high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Among these, HDPE is the most widely used due to its mold-friendly nature, ease of coloring, translucency, and chemical inertness. HDPE is commonly used in consumer products such as shampoo bottles, household cleaning products, and toys. In contrast, LDPE is primarily used in squeeze bottles, caps, and closures.

By Molding Method Analysis:
Extrusion blow molding dominated the market in 2019, holding 32.89% of the global share. It is the most cost-effective blow molding method and is widely used to manufacture bottles from various plastic resins, including HDPE, PVC, and PP.

By Application Analysis:
The packaging segment held the largest market share in 2019. Blow molded plastics are preferred in packaging applications due to their high tensile strength and versatility. Most bottles and containers are produced using blow molding techniques, and their proven safety in food & beverage, pharmaceutical, and medical applications is expected to drive market growth.

Although Product Demand is High, Covid-19 Pandemic to affect Manufacturing Sectors

The recent coronavirus outbreak has created a sense of panic across the world. Although the impact on the pandemic on the blow moulded plastics is nowhere close to what a few other industries have witnessed, there are still a few drawbacks. The efforts taken to curb the spread of the disease have had a negative impact on the market in recent years. Accounting to the rapid spread of the disease, manufacturing sectors have been shut down due to lack of manpower and human labor. As a result, there is a huge demand-supply gap in the global market. The slow recovery rate will affect the growth of the market in the foreseeable future.

Company Mergers and Acquisitions are an Increasing Trend Among Major Companies Across the world

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the massive demand and increasing applications of blow-molded plastics across the world, companies are focusing on adopting strategies that will help them standout in the competitive environment. In June 2020, Alpha announced that it has completed the acquisition of Bopla S.A. Alpha’s packaging solutions will be enhanced by Bopla’s blow molded and injection solutions. The latter holds an exceptional portfolio in the blow molding segment and this acquisition will not just help Alpha grow but will also influence the growth of the overall blow molded plastics market in the foreseeable future. The report highlights a few other company mergers of recent times and discusses their impact on the global market.

Asia Pacific to Emerge Dominant; Demand for Innovative Packaging Solutions to Emerge in Favor of Market Growth

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The rising demand for blow molded plastics in this region is consequential to the increasing applications in the food and beverage industry. The product is widely used as a packaging material in several other industries across this region. The increasing population in countries such as India and China will cater to the increasing production capacities of manufacturers in this sector. As of 2019, the market in Asia Pacific was worth USD 37.96 million and this value is projected to rise at a considerable pace in the coming years.

Key Industry Development:

• November 2018 : Krones, a filling and packaging equipment manufacturer, which also includes blow molded machines acquired MHT Holding AG, a mold and hot runner supplier for PET performs, based in Germany. This acquisition was done to expand company’s PET value chain to meet the increasing demand from customers.
• March 2018:  IntraPac International Corporation, a manufacturer of rigid packaging solutions acquired Quality Plastics, LLC, a manufacturer of custom extrusion blow molded containers, based in Arizona. With this acquisition IntraPac will further expand manufacturing footprint in the West Coast and expand their product offering into high density polyethylene bottles segment.

List of companies profiled in the Blow Molded Plastics Market Report:

• Apex Plastics (U.S.)
• Inpress Plastics Ltd. (UK)
• Garrtech, Inc. (Canada)
• Berry Global, Inc. (U.S.)
• Comar, LLC (U.S.)
• Rutland Plastics Ltd. (UK)
• The Plastic Forming Company, Inc. (U.S.)
• Agri-Industrial Plastics (U.S.)
• Creative Blow Mold Tooling (U.S.)
• North American Plastics, Ltd. (U.S.)
• INEOS Group (UK)
• Other

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The global   amorphous soft magnetic materials market   is set to gain traction from the increasing research activities to develop new fabrication methods. Several researchers are striving to blend amorphous and nano-crystalline alloys for improving ductility & thermal stability. Fortune Business Insights™ presents this information in a new study, titled, “Amorphous Soft Magnetic Materials Market Size, Share & Industry Analysis, By Application (Electronic Article Surveillance, Flexible Antenna, Magnetic Sensors, Magnetic Shielding, Transformers, and Others), and Regional Forecast, 2025-2032.” The study further mentions that the 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.

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Drivers & Restraints-

What is driving the growth of the amorphous soft magnetic materials market?
The market is growing due to the   high demand for amorphous alloys, which are made of cobalt, nickel, iron, silicon, phosphorus, carbon, and boron. Industrial users are seeking materials that help   reduce operating costs, save energy, and improve efficiency. Amorphous alloys meet these needs with properties such as   high mechanical strength and low coercive field, boosting market growth.

What factors could restrain the market growth?
The market growth may be   hampered by the availability of substitute soft magnetic materials, which can compete with amorphous alloys for similar applications.

Segmentation Analysis-

Which application segment leads the market and why?
The   transformers segment   leads the market, holding   55.9% share in 2019. Amorphous alloys are widely used in transformer cores,   improving efficiency and reducing overall weight, making them the preferred material in this application.

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. 

Competitive Landscape-

Key Players Aim to Launch New Amorphous Soft Magnetic Materials to Intensify Competition

The market for amorphous soft magnetic materials consists of a wide range of companies functioning from across the globe. They are trying to strengthen their positions and overtake their rivals by introducing state-of-the-art products in the market. Below are two of the latest industry developments:

• June 2020 : Metglas®, Inc. introduced its latest amorphous metal transformer core product. It is specially developed with Metglas® 2605HB1M transformer core alloy.
• January 2018 : Hitachi Metals, Ltd. created MaDC-A™. It is equipped with the Fe-based amorphous alloy called Metglas®. It also possesses approximately 25% lower core loss, unlike the traditional products.

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The global   castor oil derivatives market   size is expected to reach USD 1,429.7 million by 2027, exhibiting a CAGR of 4.3% during the forecast period. The growing demand for organic cosmetics products will create lucrative business opportunities for the market, states Fortune Business Insights, in a report, titled “Castor Oil Derivatives Market Size, Share & COVID-19 Impact Analysis, By Product Type (Sebacic Acid, Ricinoleic Acid, Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Dehydrated Castor Oil and Others), Application (Cosmetic & Pharmaceuticals, Plastic & Resins, Lubricants, Biodiesel, and Others) and Regional Forecast, 2025-2032.” The market size stood at USD 1,035.4 million in 2019.

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Segmentation Analysis:

By Product Type Analysis

Sebacic acid is a bio-based and unique feedstock for the production of biopolymers. Owing to performance benefits such as durability, hydrophobicity, flexibility, and low melting points, it is widely adopted in the manufacturing of polyamides. Moreover, sebacic acid is adopted as an additive in lubricants, as a buffering agent in personal care products, as a corrosion inhibitor, and in the production of esters.

By Application Analysis

In 2019, the Plastic & Resin segment held the largest castor oil derivatives market share of 36.5% in the global market. These oil derivatives are extensively used in the manufacturing of plastic & resins, which are further used in paint, coating, inks, and other polymer applications. For instance, 12-hydroxy stearic acid is used as a feedstock to produce acrylic polymers. Moreover, the increase in the consumption of bioplastics globally is fueling demand for castor oil and its derivative in bioplastic production.

Market Driver :

Growing Demand for Castor Oil Derivatives to Drive Market Growth

The rising awareness of castor oil’s advantages over traditional oils like cotton, coconut, soy, and corn is expected to boost market growth. Its versatile physicochemical properties and expanding use in lubricants, oleo-chemicals, cosmetics, pharmaceuticals, bioenergy, and more will fuel demand. Additionally, the shift toward green chemicals will further support market expansion.

Declined Production to Retard Business Amid Coronavirus

The production of castor oil has dropped severely due to the coronavirus outbreak. The halt on manufacturing sites, inadequate feedstock, and manpower will harshly affect the global market. Disturbed supply chain and deteriorated manufacturing facilities have resulted in an enormous loss for the industry. However, the ease on lockdowns by the governments will subsequently facilitate the recovery of the market in the near future.

Key Development :

December 3, 2019:   Eni, a leading energy company based in Italy signed an MoU with the Societè National de Distribution des Petroles to develop castor cultivation to be used in the production of biodiesel.

The Report List the Main Companies in the   Castor Oil Derivatives Market:

• HengshuiJinghua Chemical Co., Ltd. (China)
• K. Proteins Pvt. Ltd. (India)
• Thai Castor Oil Industries Co. Ltd. (Thailand)
• Sebacic India Pvt. Ltd. (India)
• HOKOKU Co. Ltd. (Japan)
• Adani Wilmar Ltd. (India)
• GokulAgri International Ltd. (India)
• RPK Agrotech (India)
• Arvalli Castor Derivatives Pvt Ltd. (India)
• Krishna Antioxidants Pvt. Ltd. (India)

Regional Analysis :

High Availability of   Castor Seeds to Augment Growth in Asia Pacific

The market in Asia Pacific is expected to experience a rapid growth rate owing to the growing production and distribution of oils in the region. China is a global leader in the sebacic acid with a production capacity of more than 210-kilo tons per year. According to The Solvent Extractors Association of India, China holds around 40% of castor oil export from India followed by Europe 30-35%.The high availability of castor seeds will Further promote healthy growth of the market in Asia Pacific. India is a major producer & exporter of castor oil and castor oil derivatives such as 12-hydroxy stearic acid, castor wax, dehydrated castor oil, undecylenic acid. Europe is expected to rise tremendously during the forecast period owing to the rising adoption and favorable government regulations regarding the use of bio-based chemicals.

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Fortune Business Insights™  delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Phone:

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UK: +448085020280

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Email:  sales@fortunebusinessinsights.com