Category: Chemical and Materials
The global abrasives market was valued at USD 45.95 billion in 2023 and is expected to grow from USD 48.66 billion in 2024 to USD 76.93 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.9% during the forecast period. The abrasives market encompasses materials used for grinding, polishing, cutting, and surface finishing in industries such as manufacturing, automotive, construction, electronics, and aerospace. Abrasives are essential in material processing due to their properties that enable efficient material removal and surface treatment. These materials come in various forms, including bonded, coated, and loose abrasives, depending on their application.
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Market Segmentation:
By Product Type:
- Bonded Abrasives (Grinding wheels, segments, stones, and discs)
- Coated Abrasives (Sanding sheets, belts, rolls, and discs)
- Super Abrasives (Cubic boron nitride, diamond abrasives)
- Loose Abrasives (Grains, powders)
By Material:
- Natural Abrasives (Diamond, emery, quartz)
- Synthetic Abrasives (Aluminum oxide, silicon carbide, zirconia alumina, ceramic aluminum oxide)
By End-Use Industry:
- Automotive (Surface treatment, paint finishing)
- Construction (Polishing, grinding)
- Metal Fabrication (Cutting, welding, grinding)
- Electronics (Wafer slicing, semiconductor polishing)
- Aerospace (Precision grinding)
What does the Report Provide?
The global market for abrasives report provides in-depth analysis of the market and focuses on crucial aspects such as leading companies, applications, and types. Also, the report provides qualitative and quantitative insights into market trends and highlights vital industry developments. Additionally, the report encompasses various factors that have contributed to the growth of the market by adopting several research methodologies during the forecast period.
DRIVING FACTORS
Rising Construction Sector to Promote Growth
The rapid-paced urbanization that has led to the significant development of smart cities is driving the construction industry across the globe. As per the report by the United Nations, around 68% of the global population is expected to reside in urban areas by 2030. The growing adoption of abrasives to form sand papers, cut off wheels, honing stones, and grinding wheels is likely to favor the growth of the market. Moreover, adoption of advanced technologies in industries and the high utilization of precision tools is expected to contribute to the global abrasives market growth in the forthcoming years.
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REGIONAL INSIGHTS
Asia-Pacific – The region is expected to hold the highest position in the global market in the forthcoming years. This is attributable to the increasing demand for metal fabrication and machinery businesses in countries such as China in the region. Asia-Pacific stood at USD 15,113.4 million in 2020.
Latin America – The market in the region is expected to experience substantial growth backed by the rising aerospace, automotive, and construction sector in countries such as Argentina and Brazil.
North America – The region is expected to showcase exponential growth in the forthcoming years. This is ascribable to factors such as rapid-paced growth in the machine part and precision tool manufacturing industries that is likely to propel the demand for abrasives in the region between 2021 and 2028.
COMPETITIVE LANDSCAPE
Contract Signing by Key Players to Expand Their Product Portfolio & Boost Sales Revenue
The market comprises small, medium, and large companies that are striving to maintain their presence by signing lucrative contracts with several private agencies to expand their product portfolio. Moreover, other key players are adopting organic and inorganic strategies to maintain their stronghold in the highly competitive global marketplace. For instance, in December 2020, Nippon Paint India announced the expansion of its automotive business production line to offer optimum quality end-to-end solutions. Therefore, such strategies adopted by the companies to maintain their footprint is expected to bode well in the forthcoming years.
Industry Development:
- September 2020 – Rust-Oleum, a leading subsidiary of PRM International Inc., announced the acquisition of Ali Industries LLC, a leading manufacturer of sandpaper. The financial terms of the acquisition have not been disclosed and RPM is expected to benefit from the annual net turnover of USD 75 million of Ali Industries.
List of the Companies Profiled in the Global Market for Abrasives:
- The 3M Company (U.S.)
- Saint-Gobain (U.S.)
- Krebs & Riedel (Germany)
- Asahi Diamond Industrial Co., Ltd. (Japan)
- Robert Bosch GmbH (Germany)
- Fujimi Incorporated (Japan)
- Henkel AG & Co. KGaA (Germany)
- Carborundum Universal Limited (India)
- NIPPON RESIBON CORPORATION (Japan)
- KWH Mirka (Finland)
- NORITAKE CO., LIMITED (Japan)
- Other Key Players
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Future of Digital Printing Ink Market: Size, Share, and Industry Demand Analysis for 2032
By Pallavi G, 2025-03-11
The Global Digital Printing Ink 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 Digital Printing Ink 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 Digital Printing Ink 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 digital printing ink market size was valued at USD 3.21 billion in 2022 and is projected to grow from USD 3.43 billion in 2023 to USD 5.54 billion by 2030, exhibiting a CAGR of 7.1% during the forecast period.
List of the Key Players in the Digital Printing Ink Market:
- Sun Chemical (U.S.)
- Siegwerk Druckfarben AG & Co. KGaA (Germany)
- INX International Ink Co. (U.S.)
- Nazdar (U.S.)
- DuPont (U.S.)
- Marabu GmbH & Co.KG (Germany)
- NUtec Digital Ink (Pty) Ltd. (South Africa)
Competitors Landscape:
The realm of Digital Printing Ink 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:
Solvent-based Segment Held Major Share Due to Rising Product Demand in Numerous Sectors
Based on type, the market ink is fragmented into UV-based, water-based, solvent-based, and others. The solvent-based segment registered a key market share in 2022. The segment growth can be attributed to the increasing product demand in the advertising, textiles, and packaging sectors.
Print Media Segment to Register Prominent Share Owing to Escalating Customized Prints Demand
By application, the market is subdivided into ceramics, textile, print media, packaging & labels, and others. The print media segment is poised to hold a major market share over the study period. The segmental expansion can be credited to the escalating demand for shorter print runs and customized prints.
Based on geography, the market for digital printing ink has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Drivers and Restraints:
Mounting Digital Printing Demand from Packaging, Textile, and Other Industries to Boost Industry Expansion
The escalating demand for digital prints from various sectors drives the digital printing ink market growth. These industries include advertising, packaging, textiles, and others. This can be attributed to the numerous advantages of the technology, including quick turnaround time, high-quality prints, and others.
Regional Insights:
North America Held Major Share Driven by Presence of Pivotal Players
North America registered a dominating share of the market in 2022. The regional market expansion can be credited to the presence of major players and the adoption of new technology in the region.
Asia Pacific digital printing ink market share is poised to grow at the fastest rate over the study period. The regional growth is driven by the escalating demand for the product in packaging and label applications.
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2032 Global Forecast for Self-Healing Materials: Industry Size and Demand Analysis
By Pallavi G, 2025-03-10
The growing demand for self-healing materials in the automobile sector is expected to enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “ Self-Healing Materials Market Size, Share & Industry Analysis, By Type (Coatings, Polymers, Asphalt, Fiber-Reinforced Composites, Ceramic, Metal), By Application (Energy Generation, Building & Construction, Automotive & Transportation, Electronics & Semiconductors, Medical, Others), By Technology (Reversible Polymers, Microencapsulation, Shape Memory Materials, Biological Material Systems, Others) and Regional Forecast, 2025-2032.” The growing use of elastomers and polymers is expected to foster the healthy growth of the market. The global self-healing materials market size was USD 5.58 billion in 2023 and is projected to grow from USD 9.08 billion in 2024 to USD 436.92 billion by 2032 at a CAGR of 62.5% during the 2024-2032 period.
The whole world is battling with the novel coronavirus, leaving numerous industries in distraught. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.
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The report on the self-healing materials market accentuates:
- All-inclusive study of the market
- Important insights into the segments
- Comprehensive information about regions
- Valuable data about prominent players
- Latest developments in the market
Market Driver :
Expansion of BASF ’s Chemical Industry to Promote Growth
The growing focus of companies towards expanding their production capacity can create opportunities for the market. For instance, in September 2019, BASF, a major in the chemical industry announced that it will increase the production of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The total capacity for the project adds up to 400,000 metric tons a year to BASF's manufacturing potential for relevant materials with an annual investment value of over € 500 m. furthermore, the prospering automotive industry is expected to aid the expansion of the market. Self-healing materials are chemically produced substances that have the characteristics of self-healing without any external force. The growing focus of OEMs towards healers as an external cover to cars is expected to enable the growth of the market. Besides, the reduction of repairs by the use of healers can spur its demand in the automotive industry, thus aiding the growth of the market.
Market Segmentation:
The self-healing materials market can be segmented based on material type, technology, end-use industry, and region.
Material Type-
- Polymers :
- Polymers are the most widely used self-healing materials due to their flexibility, low cost, and ease of processing.
- These materials are often used in coatings, electronics, and automotive components.
- Composites :
- Self-healing composites are primarily used in industries that require high-strength materials, such as aerospace and construction.
- Concrete :
- Self-healing concrete is becoming increasingly popular in construction to reduce maintenance costs and improve the durability of infrastructure.
- Metals :
- Although still in the experimental stage, self-healing metals are being developed for applications in high-stress environments such as aerospace and defense.
- Ceramics :
- Self-healing ceramics are used in high-temperature applications, such as turbine blades and aerospace components, due to their excellent thermal resistance.
- Other Materials :
- Includes self-healing coatings, hydrogels, and biological materials, which have applications in various specialized industries.
Technology-
- Intrinsic Self-Healing :
- Involves materials that can repair damage autonomously without the need for any external intervention. This technology is widely used in coatings, polymers, and composites.
- Extrinsic Self-Healing :
- Involves embedding healing agents within the material that are released to repair damage when triggered by external factors like stress, heat, or mechanical damage.
End-Use Industry
- Automotive :
- Self-healing materials are used in automotive coatings, tires, and body panels to improve durability, reduce maintenance costs, and enhance vehicle performance.
- Construction :
- Self-healing concrete and polymers are being adopted in infrastructure projects to reduce long-term maintenance costs and extend the lifespan of buildings, bridges, and roads.
- Aerospace :
- The aerospace industry utilizes self-healing composites and polymers in aircraft structures to enhance safety, reduce weight, and improve performance.
- Electronics :
- Self-healing materials are being incorporated into flexible electronics, batteries, and wearable devices to extend their operational life.
- Healthcare :
- Hydrogels and polymers with self-healing properties are used in medical devices and tissue engineering for improved healing and patient outcomes.
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Regional Analysis :
Accelerating Pharmaceutical Industry to Encourage Growth in Europe
The market in Europe is expected to experience high growth during the forecast period owing to the rising demand from the UK, Germany, France, Italy, Spain. The elevating pharmaceutical industry in Europe coupled with rapid business developments are factors expected to aid growth in the region. The increasing application in the existing automotive and transport sector is expected to further bolster the healthy growth of the market in Europe. North America is the second-largest consumer of self-healing products. The growth in the region is attributed to the strong demand from the domestic sector and manufacturing base. The government initiatives to improve infrastructure is expected to spur business opportunities for the market. The market in Asia Pacific is expected to witness rapid growth due to the improving construction industry. The increasing per capita income, urbanization, and a large population can further encourage growth in the region.
Key Development :
April 2019 : Arkema announced the 30 percent capacity extension of its photocure liquid resin development plant in Nansha, China.
The Report Lists the Key Companies in the Self-Healing Materials Market:
- AkzoNobel N.V.
- Arkema SA
- Autonomic Materials Inc.
- Avecom N.V.
- BASF SE
- Covestro AG
- Critical Materials S.A.
- I. Du Pont De Nemours
- Company
- Evonik Industries
- Sensor Coating Systems Ltd.
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The Global Ceramic Inks 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 Ceramic Inks 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 Ceramic Inks 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 ceramic inks market size was valued at USD 2.60 billion in 2023. The market is projected to grow from USD 2.79 billion in 2024 to USD 4.86 billion by 2032 at a CAGR of 7.3% during the forecast period.
List of the Key Players in the Ceramic Inks Market:
The major players in the market are Ferro Corporation (Ohio, U.S.), Torrecid Group (Castellón, Spain), ZSCHIMMER & SCHWARZ CHEMIE GMBH (Lahnstein, Germany), LAURIER ARCHITECTURAL (Quebec Canada), Megacolor Ceramic Products (Castellón, Spain), BASF SE (Ludwigshafen, Germany), FRITTA (Comunidad Valenciana, Spain), Colorobbia Holding S.p.A (Gujarat, India), Esmalglass-Itaca Grupo (Castellón, Spain).
Key Industry Drivers
- Growth in the construction industry: Increasing construction projects, particularly in emerging economies, are boosting the demand for decorative tiles and glass, which directly drives the ceramic inks market.
- Technological advancements : Digital printing techniques in ceramics have revolutionized the market, providing better design capabilities and efficiency.
- Consumer preference for aesthetic appeal : Rising interest in home decor and interior design trends are contributing to the increased use of ceramic products.
Competitors Landscape:
The realm of Ceramic Inks 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.
Market Segmentation:
The ceramic inks market can be segmented based on:
Type
- Functional Inks : Used for specific purposes such as conductivity or light absorption in electronics.
- Decorative Inks : Primarily used for adding decorative patterns and colors to tiles, glass, and other surfaces.
Technology
- Digital Printing : The fastest-growing segment, owing to its high-quality output and flexibility in design.
- Analog Printing : Used in traditional applications but losing market share to digital methods.
Application
- Ceramic Tiles : The largest segment, accounting for over 50% of the market. The high demand for ceramic tiles in construction and interior design fuels this segment.
- Glass Printing : Used in glass doors, windows, and other decorative glass products.
- Food Container Printing : Inks are used for labeling and decorating food containers and beverage bottles.
- Others : Includes applications in automotive glass and other specialty products.
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The global textile chemicals market, valued at USD 20.67 billion in 2019, is expected to grow at a strong CAGR of 3.5% from 2020 to 2027, reaching an estimated USD 26.97 billion by 2027. According to a report published by Fortune Business Insights , titled “ Textile Chemicals Market Size, Share & COVID-19 Impact Analysis, By Product Type (Coating & Sizing Chemicals, Colorant & Auxiliaries, Finishing Agents, Surfactants, De-sizing Agents and Others), By Application (Apparel, Home Furnishing and Technical Textiles) and Regional Forecast, 2025-2032" .
The textile chemicals market plays a pivotal role in the textile manufacturing industry, providing essential inputs to enhance fabric properties, improve production processes, and meet the growing demand for high-performance textiles. These chemicals are used throughout various stages of textile production, including pre-treatment, dyeing, printing, and finishing. With increasing demand for durable, functional, and sustainable textiles across industries such as apparel, home furnishing, and industrial applications, the textile chemicals market has experienced significant growth.
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Market Segmentation:
By Product Type:
- Colorants and Auxiliaries: These chemicals are used in dyeing and printing processes to impart color and enhance fabric properties.
- Finishing Agents: These chemicals provide additional functionalities such as water repellency, stain resistance, anti-microbial properties, and UV protection.
- Coating and Sizing Agents: Used to enhance the texture and durability of fabrics, primarily during the weaving and finishing processes.
- Surfactants: These chemicals play a role in various textile treatments like scouring, bleaching, and softening.
- Other Chemicals: Includes bleaching agents, detergents, and wetting agents used in the textile processing chain.
By Application:
- Apparel Textiles: Apparel manufacturing is one of the largest segments utilizing textile chemicals for improving fabric aesthetics and performance.
- Home Furnishing Textiles: Textile chemicals are used to improve the appearance and durability of products like carpets, curtains, and upholstery.
- Industrial Textiles: These chemicals are used in textiles for automotive, medical, and protective applications, where performance and durability are essential.
- Others: Technical textiles used in various sectors, including agriculture and construction, also drive the demand for textile chemicals.
By Region:
- North America: The region has a well-established textile industry and is focusing on sustainable and eco-friendly chemicals to meet growing environmental concerns.
- Europe: The European market is driven by stringent regulations promoting the use of green and sustainable textile chemicals.
- Asia Pacific: This region holds the largest market share due to the growing textile industries in countries like China, India, and Bangladesh, which are major global textile exporters.
- Latin America: Steady growth in the textile sector in countries like Brazil and Mexico is contributing to market expansion.
- Middle East & Africa: Although smaller in scale, the market is gradually growing due to increasing industrialization and urbanization.
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Key Market Drivers:
- Growing Demand for Functional and Performance Textiles The increasing demand for textiles with enhanced functionalities, such as water repellency, UV protection, and flame retardancy, is driving the use of advanced textile chemicals. These chemicals are essential to meet the growing expectations of consumers across industries such as sportswear, protective clothing, and home furnishings.
- Rapid Growth of the Apparel Industry The global apparel industry is expanding rapidly due to rising disposable incomes, changing fashion trends, and the growth of e-commerce platforms. This has significantly increased the demand for textile chemicals, especially for colorants and finishing agents that improve fabric aesthetics and durability.
- Rising Awareness of Sustainable and Eco-Friendly Chemicals With increasing awareness of environmental concerns and the stringent regulatory environment, manufacturers are shifting toward sustainable and eco-friendly textile chemicals. These green chemicals reduce water consumption, lower emissions, and minimize waste in the production process. Bio-based chemicals are gaining popularity as they reduce the environmental footprint of the textile industry.
- Technological Advancements in Textile Manufacturing Advances in textile manufacturing technology, such as digital printing and nanotechnology, have driven the demand for specialized textile chemicals that can enhance the quality and functionality of fabrics. New formulations of colorants and finishing agents cater to these innovations, allowing for greater customization and efficiency in production.
List of companies profiled in the report:
- Archroma (Switzerland)
- Huntsman Corporation (USA)
- DIC Corporation (Japan)
- Kiri Industries Ltd. (India)
- Covestro AG (Germany)
- Omnova Solutions Inc. (USA)
- Lubrizol Corporation (USA)
- Solvay S.A. (Belgium)
- Evonik Industries (Germany)
- Tanatext Chemicals (Netherlands)
- Rudolf GmbH (Germany)
- NICCA Chemical Co. Ltd. (Japan)
- Kemin Industries Inc. (USA)
- JINTEX Ltd. (Taiwan)
- Sarex Chemicals (India)
Industry Developments:
- March 2020: Huntsman Corporation announced the launch of a new high performance polyester dye. The company introduced ‘Terasil Blue W Dye,’ for polyester sport and athleisure wear.
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Future Trends in the Water Soluble Packaging Market: Industry Forecast to 2032
By Pallavi G, 2025-03-05
The Global Water Soluble Packaging 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 Water Soluble Packaging 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 Water Soluble Packaging 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 water soluble packaging market was valued at USD 3.78 billion in 2024. The market is projected to grow from USD 3.97 billion in 2025 to USD 5.65 billion by 2032, exhibiting a CAGR of 5.17% during the forecast period.
List of the Key Players in the Water Soluble Packaging Market:
- Mondi (U.K.)
- Sekisui Chemicals (Japan)
- Kuraray Co. Ltd. (Japan)
- Cortec Corporation (U.S.)
- Arrow Greentech Ltd. (India)
- Shandong Huazhilin Pharmaceutical Technology Co., Ltd. (China)
- MSD Corporation (China)
- Green Master Packaging (Australia)
- Rovi Packaging (Spain)
- Green Cycles (Spain)
Competitors Landscape:
The realm of Water Soluble Packaging 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 water-soluble packaging market is segmented based on material type, packaging type, end-use industry, and region.
By Material Type
- Polyvinyl Alcohol (PVOH)
- Cellulose Derivatives
- Other Biodegradable Materials
By Packaging Type
- Water-Soluble Pods & Sachets
- Films & Wraps
- Bags & Pouches
By End-Use Industry
- Detergents: Water-soluble pods are widely used in laundry detergents and dishwashing liquids.
- Agrochemicals: Packaging for agrochemicals, such as fertilizers and pesticides, is increasingly adopting water-soluble solutions.
- Pharmaceuticals: Water-soluble packaging is used for precise dosing of medications, reducing contamination risk.
- Personal Care: The personal care industry is using water-soluble packaging for single-use products like shampoos and conditioners.
- Food & Beverages: The food industry is experimenting with water-soluble packaging for edible films and portion-controlled packaging.
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Trends in the Water-Soluble Packaging Market
- Increased R&D Investments: Companies are investing in research and development to improve the material properties of water-soluble packaging, making it more cost-effective and expanding its application scope.
- Edible Packaging: The development of edible packaging, which dissolves in water and can be safely consumed, is a growing trend in the food industry.
- Focus on Zero-Waste Solutions: Many companies are promoting water-soluble packaging as part of their zero-waste initiatives, emphasizing the reduction of plastic waste in landfills and oceans.
- Customized Packaging Solutions: Manufacturers are offering tailored water-soluble packaging solutions to meet the specific needs of different industries, ensuring maximum efficiency and cost-effectiveness.
Market Drivers
- Environmental Concerns: Growing concerns about plastic pollution have led to an increasing focus on eco-friendly packaging solutions. Water-soluble packaging reduces the environmental impact by eliminating plastic waste.
- Regulatory Pressure: Government regulations aimed at reducing plastic use and waste are pushing industries to adopt biodegradable and water-soluble packaging solutions.
- Consumer Awareness: Rising consumer awareness regarding sustainability is driving demand for biodegradable packaging options.
- Growth in E-commerce: The rise of e-commerce has boosted the need for innovative packaging solutions that are both sustainable and efficient for shipping.
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The global flavors and fragrances market size was valued at USD 27.50 billion in 2023 and is projected to grow from USD 28.72 billion in 2024 to USD 42.27 billion by 2032, exhibiting a CAGR of 5.0% during the forecast period. The market is anticipated to grow during the projected period due to rapid development in the pharmaceuticals and cosmetics sector. Fortune Business Insights™ publishes this information in a report titled, " Flavors and Fragrances Market, 2025-2032" .
The global Flavors and Fragrances market has been experiencing significant growth, driven by factors such as changing consumer preferences, increasing demand for natural ingredients, and the growing focus on health and wellness. The market includes a wide variety of synthetic and natural ingredients used in the production of food and beverages, cosmetics, personal care, and household products.
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List of Key Players Profiled in the Flavors and Fragrances Market Report :
- Givaudan (Switzerland)
- International Flavors and Fragrances (IFF) (U.S.)
- Symrise AG (Germany)
- Robertet Group (France)
- Kerry Group plc (Ireland)
- Sensient Technologies (U.S.)
- Firmenich SA (Switzerland)
- Takasago International Corp (Japan)
- Hasegawa Co., Ltd. (Japan)
- Mane (France)
- Archer Daniel Midland Company (U.S.)
- Solvay S.A. (Belgium)
- BASF (Germany)
Segments:
The Flavors and Fragrances market can be segmented based on Type, Application:
By Type:
- Flavors: The flavors segment is further categorized into synthetic and natural flavors. This segment includes products used in food and beverages, including sweet, savory, fruity, and other sensory profiles.
- Fragrances: The fragrances segment includes fine fragrances, personal care fragrances, and home care fragrances. The demand for fine fragrances (e.g., perfumes and colognes) is particularly high in developed regions.
By Application:
- Food & Beverages: Flavors are used extensively in the food and beverage industry to enhance the taste and aroma of products. The growing demand for processed food and beverages is expected to drive market growth in this sector.
- Personal Care & Cosmetics: Fragrances are key ingredients in personal care and cosmetic products such as lotions, shampoos, deodorants, and perfumes.
- Household Products: Fragrances are used in household products like detergents, cleaning agents, and air fresheners to improve the sensory experience for consumers.
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Report Coverage:
The report sheds light on the current market state and recent developments in the market. The impact of COVID-19 pandemic on the market growth is highlighted in this report. Furthermore, the report sheds light on drivers and restraints affecting the market development and expansion during the forecast period. Also, a list of key market players is given, along with the regional insights on segmented market areas.
Drivers & Restraints:
Rising Development in Pharmaceuticals & Cosmetics Sector to Propel Growth
The market is expected to witness significant growth during the forecast period due to the developing regional and novel flavors and fragrances. Also, consumers' changing food preferences and tastes and the adoption of ready-to-eat food are anticipated to fuel the regional market growth. Furthermore, growth in the cosmetics and pharmaceuticals sectors is expected to drive market growth.
However, constantly changing prices in various products hamper market growth.
Regional Insights:
Europe Holds Dominant Market Share Due to Rising Demand from Food & Beverage Sector
Europe dominates the global flavors and fragrances market share due to the rising product demand from food & beverage manufacturers. The regional market stood at USD 8.16 billion in 2021.
Asia Pacific holds the second-largest global market share owing to the increasing demand for flavors and fragrances from various end-use industries.
Competitive Landscape:
New Product Launch Allows Key Market Players to Enhance their Product Portfolio
The key market players acquire various companies operating in the industry to improve their business performance. Also, rising investments in the adoption of technological advancements and R&D activities allow the leading market players to introduce new product ranges to the global market and increase business profitability.
Key Industry Development:
- March 2022: Symrise submitted a binding offer to acquire R. Romani - Société Française d’Aromatiques (SFA Romani) and Neroli Invest DL (Groupe Neroli). Both companies are based in the Grasse area in France. With these transactions, Symrise intends to reinforce its fine fragrance presence in southern France, strengthen its competitiveness in creating fragrance compositions, and broaden its presence in key countries in Europe, Africa, and the Middle East.
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Polybutylene Adipate Terephthalate Market Demand and Trends Report: Forecast till 2032
By Pallavi G, 2025-03-04
The global atmospheric water generator market size was valued at USD 1,940.8 million in 2019 and is projected to reach USD 6,214.9 million by 2027, exhibiting a CAGR of 18.1% during the forecast period. As per a recent report published by Fortune Business Insights titled, “Atmospheric Water Generator Market Size, Share & COVID-19 Impact Analysis, By Product Type (Cooling Condensation and Desiccant Based), By Application (Industrial, Commercial and Household), and Regional Forecast, 2024-2032. The Atmospheric Water Generator (AWG) market is witnessing substantial growth as concerns over water scarcity, increasing demand for clean and safe drinking water, and advancements in water generation technologies gain momentum globally.
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Market Segmentation
The AWG market can be segmented based on product type, application, and region.
Product Type
Cooling Condensation Atmospheric Water Generators : This segment dominates the AWG market due to its efficiency in extracting water from humid air. These systems are widely used across industrial and commercial applications.
Wet Desiccation Atmospheric Water Generators : Wet desiccation technology is gaining traction due to its ability to generate water even in low-humidity environments, making it suitable for arid regions.
Application
Industrial : The industrial segment accounts for the largest share of the AWG market, with growing demand for large-scale water generation systems in sectors like oil and gas, food and beverage, and manufacturing.
Commercial : The commercial sector, including hotels, office buildings, and educational institutions, represents a significant portion of the market due to the increasing need for sustainable water solutions.
Residential : Residential AWGs are becoming more popular, particularly in regions where water shortages are frequent. Innovations in compact, affordable AWG units have made them more accessible for household use.
Drivers & Restraints-
Advent of Smart Technology into Water Generators to Add Impetus
The rise in industrialization and urbanization have led machines to overpower natural habitat. A decline in freshwater sources has been observed so as to provide more space for new buildings and recreational spaces. The decline in the level of freshwater sources, coupled with the increasing industrialization and urbanization are the key factors promoting the atmospheric water generator market growth. Besides this, the stringent regulations imposed on environment and water safety will also aid in favor of the market.
However, the rise in carbon footprint and the high requirement for power generation to suffice to the needs of all residential, commercial, and industrial sectors may pose major challenges to the market in the coming years. Nevertheless, the advent of technological innovations such as smart technology, cooling condensation wet desiccation, and others are likely to help create lucrative growth opportunities to the market in the coming years.
Industrial Segment Gained Dominance Owing to High Demand for Water
The global market for atmospheric water generator is dominated by the industrial section based on segmentation by application with a 74.5% share earned in 2019. The growth of this section is attributed to the large quantity of water used in industries and manufacturing units. Large scale industries are now acquiring economical and sustainable water solutions such as atmospheric water generator to meet the increasing demand for water.
Regional Analysis-
The Middle East and Africa Dominated Market Owing to Extreme Water Scarcity
The weather conditions in the Middle East and Africa is majorly responsible for scarcity of water. The aforementioned regions are heavily dependent on desalination plants and water bottles to suffice to their daily needs. The use of air to water systems in this region helps this region to produce more potable water more economically. Therefore, this region dominated the market in 2019 and are likely to continue doing so in the coming years as well.
Additionally, North America earned 217.8 million in 2019 and Asia Pacific is expected to rise at a CAGR of 21.1% in the forecast period accountable to the increasing water scarcity problems in South-east Asian Nations.
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Competitive Landscape-
Companies Introducing New Products to Earn Lion’s Share
Some of the companies operating in this market are engaging in new product launches and are therefore investing heavily in latest technology. Other vendors are engaging in joint ventures and partnerships to collaboratively earn significant revenues, thereby making a significant remark in the market competition.
Significant Industry Developments of the Atmospheric Water Generators Market are:
December 2019 – GENAQ Technologies S.L. showcased their air generators in the largest building and construction event called “The Big 5” in the Middle East. It also promoted the S50 generator and provided brief information on air and water technologies .
Some of the Key Players of this Market include:
- Water-Gen Ltd. (North Carolina, USA)
- Akvosphere (West Bengal, India)
- Drinkable Air Technologies (Florida, USA)
- Eshara Water (Abu Dhabi, UAE)
- Water Technologies International, Inc. (Florida, USA)
- Clean Wave Products (USA)
- Atlantis Solar (New York, USA)
- Island Sky Corporation (Florida, USA)
- WaterMaker India Pvt. Ltd. (Maharashtra, India)
- Dew Point Manufacturing (British Columbia, Canada)
- PlanetsWater Ltd. (London, U.K.)
- Eurosport Active World Corporation (Florida, USA)
- Others
Inquire Before Buying This Research Report :-
https://www.fortunebusinessinsights.com/enquiry/queries/atmospheric-water-generator-market-103321
About Us:
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.
Address:
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
"AWG Market Share and Size Projections: Industry Trends and Forecast to 2032"
By Pallavi G, 2025-03-04
The global atmospheric water generator market size was valued at USD 1,940.8 million in 2019 and is projected to reach USD 6,214.9 million by 2027, exhibiting a CAGR of 18.1% during the forecast period. As per a recent report published by Fortune Business Insights titled, “Atmospheric Water Generator Market Size, Share & COVID-19 Impact Analysis, By Product Type (Cooling Condensation and Desiccant Based), By Application (Industrial, Commercial and Household), and Regional Forecast, 2024-2032. The Atmospheric Water Generator (AWG) market is witnessing substantial growth as concerns over water scarcity, increasing demand for clean and safe drinking water, and advancements in water generation technologies gain momentum globally.
Get a Free Sample PDF :-
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/atmospheric-water-generator-market-103321
Market Segmentation
The AWG market can be segmented based on product type, application, and region.
Product Type
Cooling Condensation Atmospheric Water Generators : This segment dominates the AWG market due to its efficiency in extracting water from humid air. These systems are widely used across industrial and commercial applications.
Wet Desiccation Atmospheric Water Generators : Wet desiccation technology is gaining traction due to its ability to generate water even in low-humidity environments, making it suitable for arid regions.
Application
Industrial : The industrial segment accounts for the largest share of the AWG market, with growing demand for large-scale water generation systems in sectors like oil and gas, food and beverage, and manufacturing.
Commercial : The commercial sector, including hotels, office buildings, and educational institutions, represents a significant portion of the market due to the increasing need for sustainable water solutions.
Residential : Residential AWGs are becoming more popular, particularly in regions where water shortages are frequent. Innovations in compact, affordable AWG units have made them more accessible for household use.
Drivers & Restraints-
Advent of Smart Technology into Water Generators to Add Impetus
The rise in industrialization and urbanization have led machines to overpower natural habitat. A decline in freshwater sources has been observed so as to provide more space for new buildings and recreational spaces. The decline in the level of freshwater sources, coupled with the increasing industrialization and urbanization are the key factors promoting the atmospheric water generator market growth. Besides this, the stringent regulations imposed on environment and water safety will also aid in favor of the market.
However, the rise in carbon footprint and the high requirement for power generation to suffice to the needs of all residential, commercial, and industrial sectors may pose major challenges to the market in the coming years. Nevertheless, the advent of technological innovations such as smart technology, cooling condensation wet desiccation, and others are likely to help create lucrative growth opportunities to the market in the coming years.
Industrial Segment Gained Dominance Owing to High Demand for Water
The global market for atmospheric water generator is dominated by the industrial section based on segmentation by application with a 74.5% share earned in 2019. The growth of this section is attributed to the large quantity of water used in industries and manufacturing units. Large scale industries are now acquiring economical and sustainable water solutions such as atmospheric water generator to meet the increasing demand for water.
Regional Analysis-
The Middle East and Africa Dominated Market Owing to Extreme Water Scarcity
The weather conditions in the Middle East and Africa is majorly responsible for scarcity of water. The aforementioned regions are heavily dependent on desalination plants and water bottles to suffice to their daily needs. The use of air to water systems in this region helps this region to produce more potable water more economically. Therefore, this region dominated the market in 2019 and are likely to continue doing so in the coming years as well.
Additionally, North America earned 217.8 million in 2019 and Asia Pacific is expected to rise at a CAGR of 21.1% in the forecast period accountable to the increasing water scarcity problems in South-east Asian Nations.
Get your Customized Research Report:
https://www.fortunebusinessinsights.com/enquiry/customization/atmospheric-water-generator-market-103321
Competitive Landscape-
Companies Introducing New Products to Earn Lion’s Share
Some of the companies operating in this market are engaging in new product launches and are therefore investing heavily in latest technology. Other vendors are engaging in joint ventures and partnerships to collaboratively earn significant revenues, thereby making a significant remark in the market competition.
Significant Industry Developments of the Atmospheric Water Generators Market are:
December 2019 – GENAQ Technologies S.L. showcased their air generators in the largest building and construction event called “The Big 5” in the Middle East. It also promoted the S50 generator and provided brief information on air and water technologies .
Some of the Key Players of this Market include:
- Water-Gen Ltd. (North Carolina, USA)
- Akvosphere (West Bengal, India)
- Drinkable Air Technologies (Florida, USA)
- Eshara Water (Abu Dhabi, UAE)
- Water Technologies International, Inc. (Florida, USA)
- Clean Wave Products (USA)
- Atlantis Solar (New York, USA)
- Island Sky Corporation (Florida, USA)
- WaterMaker India Pvt. Ltd. (Maharashtra, India)
- Dew Point Manufacturing (British Columbia, Canada)
- PlanetsWater Ltd. (London, U.K.)
- Eurosport Active World Corporation (Florida, USA)
- Others
Inquire Before Buying This Research Report :-
https://www.fortunebusinessinsights.com/enquiry/queries/atmospheric-water-generator-market-103321
About Us:
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.
Address:
Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Ceramic Inks Industry Trends: Market Growth, Share, and Forecast Analysis to 2032
By Pallavi G, 2025-03-03
The Global Ceramic Inks 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 Ceramic Inks 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 Ceramic Inks 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 ceramic inks market size was valued at USD 2.60 billion in 2023. The market is projected to grow from USD 2.79 billion in 2024 to USD 4.86 billion by 2032 at a CAGR of 7.3% during the forecast period.
List of the Key Players in the Ceramic Inks Market:
- Ferro Corporation (Ohio, U.S.)
- Torrecid Group (Castellón, Spain)
- ZSCHIMMER & SCHWARZ CHEMIE GMBH (Lahnstein, Germany)
- LAURIER ARCHITECTURAL (Quebec Canada)
- Megacolor Ceramic Products (Castellón, Spain)
- BASF SE (Ludwigshafen, Germany)
- FRITTA (Comunidad Valenciana, Spain)
- Colorobbia Holding S.p.A (Gujarat, India)
- Esmalglass-Itaca Grupo (Castellón, Spain)
Competitors Landscape:
The realm of Ceramic Inks 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 ceramic inks market can be segmented based on type, application, technology, and region.
1. By Type
- Functional Ceramic Inks : These are used for technical applications such as solar cells and glass printing.
- Decorative Ceramic Inks : These are used for decorating surfaces like ceramic tiles, glass, and porcelain.
2. By Application
- Ceramic Tiles : This is the largest segment of the market, driven by the extensive use of ceramic tiles in the construction and renovation industries.
- Glass Printing : Used in automotive glass, glass bottles, and containers.
- Others : Including porcelain and decorative pottery.
3. By Technology
- Digital Printing : The fastest-growing segment due to the efficiency and precision of digital printing technology.
- Analog Printing : Traditional printing methods that are still in use but are declining in preference compared to digital methods.
4. By Region
- North America : Strong demand for decorative tiles and glass products is driving the market.
- Europe : Home to several leading ceramic ink manufacturers, with strong demand from the construction and automotive sectors.
- Asia-Pacific : The fastest-growing region, with increasing construction activities and rapid urbanization in countries such as China and India.
- Rest of the World : Includes Latin America, the Middle East, and Africa, where construction growth is also contributing to market demand.
Key Market Drivers
- Rise in Construction and Infrastructure Development : The rapid urbanization and development of new residential and commercial spaces across emerging economies are driving the demand for decorative ceramic products, consequently boosting the need for ceramic inks.
- Advancements in Printing Technologies : The transition from conventional methods to digital inkjet printing technology has opened new avenues for the use of ceramic inks, making the process more efficient and customizable.
- Increased Demand for Personalized Design : Consumers are now looking for customized and unique patterns in home decor products, which is driving the demand for ceramic inks in digitally printed tiles and other ceramic applications.
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About Us:
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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Fortune Business Insights Pvt. Ltd.
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