Phosphorus and Derivatives Market 2022 is Booming Worldwide ( JAPAN, USA) Business Forecast by 2028

 The global phosphorus and derivatives market size is expected to grow from USD 65.13 billion in 2021 to reach USD 85.01 billion in 2028, exhibiting a CAGR of 3.9% between 2021 and 2028. The growing knowledge about the benefits of lithium iron phosphate (LFP) batteries in EVs will spur demand for LFP batteries, therefore aiding the market growth, states Fortune Business Insights, in a report, titled “Phosphorus and Derivatives Market, 2021-2028.” The market size stood at USD 62.78 billion in 2020.

The COVID-19 epidemic has caused the fertilizer business to languish. Crop producers were impacted by logistical issues, production halts or reductions, and workforce shortages, which restricted their access to fertilizers. As a result, fertilizer prices fell by 8.5 percent in May 2020 due to decreased ingredient costs and sluggish seasonal demand. Besides, policymakers in a number of other countries have issued precautionary notices to safeguard the circulation and transit of agricultural commodities in the presence of the pandemic.

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What Does the Report Include?

The market research contains a complete analysis of the key market drivers and constraints, opportunities, and challenges that the industry will encounter during the forecast period. The study offers an in-depth analysis of the industry's geographical changes and how they impact market growth.

Driving Factor:

Heavy Investment in Agricultural Sector to Propel Market

The phosphorus and derivatives market is expected to flourish due to rising fertilizer demand and increased investment by various agricultural sectors. Agriculture will benefit from a growing population and increased food demand. Phosphorus is an important mineral in the bodies of animals and in their diets, where ammonium phosphate is employed as a feed ingredient. Because of its acidic properties, mono-ammonium phosphate (MAP) fertilizers are becoming more popular in animal feed, resulting in increased animal growth and metabolism. Phosphorus and derivatives are essential elements that help fertilizers, food, and detergents maintain their strength and purity. In agricultural cultivation, P derivatives are commonly employed as fertilizers and used to produce water cleaning agents, food items, and detergents. Additionally, the rising agricultural activities will back the development of the phosphorus and derivatives market share.

The Report Lists the Key Players in the Market:

• OCP (Casablanca, Morocco)
• Mosaic (Florida, U.S.)
• Yara International ASA (Oslo, Norway)
• EuroChem Group (Zug, Switzerland)
• Solvay (Brussels, Belgium)
• Prayon S.A. (Engis, Belgium)
• Ma’aden (Riyadh, Saudi Arabia)
• Innophos Holdings (New Jersey, U.S.)
• LANXESS (Cologne, Germany)
• Italmatch Chemicals S.p.A. (Genoa, Italy)
• ICL (Tel Aviv-Yafo, Israel)
• Kazphosphate LLC (Almaty, Kazakhstan)
• Haifa Group (Haifa, Israel)
• Omnisal GmbH (Lutherstadt Wittenberg, Germany)
• Other Key Players

 

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Inauguration of New Plant by OCP Group to Encourage Growth

Morocco's phosphate behemoth, the OCP Group, is working closely with Budenheim, Germany, and Prayon, Belgium, to establish a new purified phosphoric acid production plant. The major development will be inaugurated by OCP's subsidiary Euro Maroc Phosphore (EMAPHOS), a holding company with Moroccan and European partners based in Casablanca, a harbor on the Atlantic Ocean. The announcement of the new plant by OCP will have an excellent impact on this market. Throughout the fourth quarter of 2022, the proposed project will double EMAPHOS' annual production capacity, from 140,000 total phosphorus (TP) 205 per year to 280,000 TP 205 per year. The project is now being evaluated in-depth after finishing the fundamental engineering studies in March 2020. The work is scheduled to begin in the first quarter of 2021. The infrastructure will support the companies' statutory reserves retained.

Market Segments:

Based on type, the market is segmented into ammonium phosphate, phosphoric acid, industrial phosphate, phosphorus pentoxide, and others.

Based on application, the market is classified into fertilizers, detergents, food, flame retardant material, and others. Fertilizers are expected to hold the largest share during the forecast period due to the high utilization of phosphorous-based fertilizers such as MAP, DAP, NPKs, and Single Super Phosphate (SSP).

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

Regional Insights:

Rising Agricultural Activities in China to Foster Growth in Asia Pacific

• Increasing agricultural activities and the rising income of farmers will push the growth of the market in the Asia Pacific.
• Adoption of modern agriculture techniques will favor immense growth in North America.
• Europe is expected to experience a significant growth rate during the forecast period due to the high demand for laundry care products and detergents
• The Middle East and Africa is expected to rise exponentially during the forecast period due to the rising demand for phosphorus pentoxide in the agriculture industry.

Competitive Landscape:

Launch of Innovative Products to Increase Competition

Various researchers and prominent companies are doing R&D on converting red phosphorus into black phosphorus. For instance, in November 2020, the Advanced Materials Laboratory and the Advanced Nanomaterials and Manufacturing Laboratory researchers collaborated with Iris Light Technologies to research mechano-chemically synthesized black phosphorus. This agreement will turn commercial red phosphorous into optoelectronic quality black phosphorus at a low cost using high-energy ball milling. As a result, adopting a ball milling conversion process will lower the cost of producing black phosphorus.

Key Development:

November 2020: AgroLiquid introduced a liquid phosphorus product, springuP, to its crop nutrition portfolio. This product is a voluntarily available product that encourages growers to get their crops off to a convincing start.

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Japan Automotive Plastics Market Share, Application, Scope, and Opportunities Analysis

 Japan Automotive Plastics Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.

Key players in the global Japan Automotive Plastics market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global Japan Automotive Plastics Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

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The global Japan Automotive Plastics market size is expected to hit USD 53.85 billion by 2027. This is attributable to the rising automotive sector and the growing demand for additive manufacturing in the automotive sector during the forecast period. This information is published by Fortune Business Insights, in its latest report, titled, “Japan Automotive Plastics Market Size, Share & COVID-19 Impact Analysis, and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 40.91 billion in 2019 and is likely to exhibit a CAGR of 5.3% between 2020 and 2027.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the Japan Automotive Plastics market. The study assesses the market size of the global Japan Automotive Plastics industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

The list of Top Key Players in the Japan Automotive Plastics Market Report is

Arkema SA (France), BASF SE (Germany), Borealis AG (Austria), DuPont (U.S.), DSM Engineering (The Netherlands), Evonik Industries AG (Germany), ExxonMobil Corporation (U.S.), LANXESS (Germany), LG Chem (South Korea), LyondellBasell (The Netherlands), SABIC (Saudi Arabia), Covestro AG (Germany), Arkal Automotive (U.S.)

Best Features of the Report:

•  Detailed analysis of the Global Japan Automotive Plastics Market
•  Fluctuating market dynamics of the industry
•  Detailed market segmentation
•  Historical, current, and projected market size in terms of volume and value
•  Recent industry trends and developments
•  Competitive landscape of the Global Japan Automotive Plastics Market
•  Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth

Having a complete and in-depth analysis of market dynamics, market status, and competitive situation, which helps in obtaining in-depth facts about the industry. The Japan Automotive Plastics report shows how the market is expected to grow in the near future. All-powerful industry verticals of the Japan Automotive Plastics industry are featured in this study such as product type, applications, and geographies. Japan Automotive Plastics industry trends will present market drivers, restraints, and growth opportunities.

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Countries Mentioned in the Japan Automotive Plastics Market Report:

➼ North America (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

➼ Europe (Germany, France, United Kingdom)

➼ Asia-Pacific (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

➼ Latin America (Mexico, Brazil, Argentina, Colombia)

The report studies the Japan Automotive Plastics Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Japan Automotive Plastics Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding Japan Automotive Plastics Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the Japan Automotive Plastics research data of various companies, benefits, gross margin, global market strategic decisions, and more through tables, graphs, and figures. infographics.

Major Points from Table of Contents:

1. Japan Automotive Plastics Market Overview
2. Japan Automotive Plastics Market Competitive Landscape
3. Japan Automotive Plastics Market Scenario by Region
4. Cost Analysis
5. Marketing Channel, Distributors, and Customers
6. Japan Automotive Plastics Market Dynamics
7. Global Market Forecast
8. Research Finding and Conclusion
9. Methodology and Data Source

Frequently Asked Questions [FAQ] :

1. What is the scope of this report?

⇨ The Japan Automotive Plastics report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimate the current market size?

⇨ The report efficiently evaluates the current market size and provides a Japan Automotive Plastics industry forecast. The market was valued at x Million US$ in 2021 and is expected to grow at a CAGR of x% during the period 2022-2029.

3. Does the report provides Market Size in terms of - Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) of the market?

⇨ The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter).

4. Which Japan Automotive Plastics segments are covered in this report?

⇨ The market is segmented by Product Types, Applications, Technology, End-use Industries, Distribution channel, and Regions.

5. What are the key factors covered in this report?

⇨ The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER's analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

⇨ Custom research is a crucial component of the business strategy which helps any organization gain insight into the specific business sectors, aligned with a specific area of interest.

Thus, FBI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/102023

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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Phone:

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Japan Demulsifier Market Report, Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation

 Japan Demulsifier Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each market sector is examined in depth in the Market Research Intellect, including goods, applications, and competitive analysis. The data used for this report is obtained from reliable industry sources, paid resources, and validated sources. This research works as a systematic guideline for marketers to make well-informed decisions.

Key players in the global German Demulsifier market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global German Demulsifier Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

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The Japan Demulsifier Market size is projected to grow from USD 2,236.4 million in 2021 to USD 2,949.4 million in 2028. Government bodies of various countries are implementing strict norms on the usage of certain toxic chemicals. Hence, companies are trying to develop green German Demulsifiers. The Journal of the Japan Petroleum Institute, for instance, mentioned in a study that extracts of vegetable oils, such as coconut and olive, as well as green tea are considered to be some of the environmentally friendly emulsion breakers. As per a report by Fortune Business Insights™, titled, “Japan Demulsifier Market, 2021-2028,” the market stood at USD 2,150.0 million in 2020. It is set to grow at a CAGR of 4.0% during the forecast period between 2021-and 2028.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the Japan Demulsifier Market. The study assesses the market size of the German Demulsifier industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

The list of Top Key Players in the Japan Demulsifier Market Report is

Baker Hughes Incorporated, Croda International, Ecolab Inc., Clariant, Schlumberger Limited, BASF SE, Nova Star LP, Nouryon, SI Group, Innospec Inc,and more players profiled.

Best Features of the Report:

•  Detailed analysis of the Japan Demulsifier Market
•  Fluctuating market dynamics of the industry
•  Detailed market segmentation
•  Historical, current, and projected market size in terms of volume and value
•  Recent industry trends and developments
•  Competitive landscape of the Japan Demulsifier Market
•  Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth

Having a complete and in-depth analysis of market dynamics, market status, and competitive situation, which helps in obtaining in-depth facts about the industry. The German Demulsifier report shows how the market is expected to grow in the near future. All-powerful industry verticals of the German Demulsifier industry are featured in this study such as product type, applications, and geographies. German Demulsifier industry trends will present market drivers, restraints, and growth opportunities.

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Countries Mentioned in the Japan Demulsifier Market Report:

➼ North America (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

➼ Europe (Germany, France, United Kingdom)

➼ Asia-Pacific (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

➼ Latin America (Mexico, Brazil, Argentina, Colombia)

The report studies the Japan Demulsifier Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Japan Demulsifier Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding Japan Demulsifier Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the German Demulsifier research data of various companies, benefits, gross margin, market strategic decisions, and more through tables, graphs, and figures. infographics.

Major Points from Table of Contents:

1. German Demulsifier Market Overview
2. German Demulsifier Market Competitive Landscape
3. Japan Demulsifier Market Scenario by Region
4. Cost Analysis
5. Marketing Channel, Distributors, and Customers
6. German Demulsifier Market Dynamics
7. Market Forecast
8. Research Finding and Conclusion
9. Methodology and Data Source

Frequently Asked Questions [FAQ] :

1. What is the scope of this report?

⇨ The German Demulsifier report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

2. Does this report estimate the current market size?

⇨ The report efficiently evaluates the current market size and provides a German Demulsifier industry forecast. The market was valued at x Million US$ in 2021 and is expected to grow at a CAGR of x% during the period 2022-2029.

3. Does the report provides Market Size in terms of - Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) of the market?

⇨ The report efficiently evaluates the current market size and provides a forecast for the industry in terms of Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter).

4. Which German Demulsifier segments are covered in this report?

⇨ The market is segmented by Product Types, Applications, Technology, End-use Industries, Distribution channel, and Regions.

5. What are the key factors covered in this report?

⇨ The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER's analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, a competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment-related decisions.

6. Does this report offer customization?

⇨ Custom research is a crucial component of the business strategy which helps any organization gain insight into the specific business sectors, aligned with a specific area of interest.

Thus, FBI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/101084

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.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

U.S.:+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com 

Precious Metals Market is set to Fly High Growth by 2028 | Precious Metals Industry Global Trends and Russia-Ukraine War Implication

 The global precious metals market size is expected to gain momentum by reaching USD 403.08 billion by 2028 from USD 275.40 billion in 2021, while exhibiting a CAGR of 5.6% between 2021 to 2028. In its report titled “Precious Metals Market, 2021-2028,” Fortune Business Insights™ mentions that the market stood at USD 261.94 billion in 2020.

The increasing investments in a commodity such as gold due to its low-risk factor compared to other investments such as equities, bonds, or real estate are fueling the market. Moreover, gold, silver, and platinum are the most preferred metals to produce jewelry due to their luster and malleability. Therefore, the increasing demand for jewelry from consumers is resulting in market growth.

Russia-Ukraine War Implication

The Russia-Ukraine war could change the Precious Metals Market dynamics of Europe forever. The standoff has revived the predicament situation of the Cold War and pushed Europe to the brink of a major military conflict. The Russian aggression in Ukraine has redefined the global landscape in terms of business. As the global Precious Metals Market was recuperating from the havoc wreaked by the COVID-19 pandemic, the Russia-Ukraine war has made several industry stakeholders skeptical.

There is hardly any sector that the war has left untouched, especially aggravating the business landscape of sectors ranging from aerospace to oil & gas. Amidst prevailing challenges, stakeholders are gearing to turn adversities into opportunities. However, soaring military aid for Ukraine could provide impetus to stakeholders. Meanwhile, it is to be noted that the relevant sanction could augment operating costs and disrupt industries.

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Fortune Business Insights™ lists out all the precious metals market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

• Newmont Corporation (U.S.)
• Barrick Gold Corporation (Canada)
• AngloGold Ashanti Limited (South Africa)
• Kinross Gold Corporation (Canada)
• Newcrest Mining Limited (Australia)
• Gold Fields Limited (South Africa)
• Freeport-McMoRan (U.S.)
• PJSC Polyus (Russia)
• Anglo American Platinum Limited (South Africa)
• Impala Platinum Holdings Limited (South Africa)
• Other Players

What does the Report Provide?

The market report provides a detailed analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to contribute to the growth of the market.

Driving Factor

High Demand from Electrical & Electronics Industry to Drive Market Growth

The growing demand for metals from end-users such as automotive and electrical & electronics are increasing the demand for valuable metals. The automotive industry uses platinum and palladium metals in catalytic converters. Additionally, governments worldwide have become more aware of the climate crisis, therefore to meet the substandard of carbon emissions, vehicles have boosted the demand for platinum. Furthermore, the use of silver in the electrical & electronics industry, as stated by Silver Institute, accounted for 10.2% of the total silver demand in 2020 as silver is used in solar panels to conduct electricity with the highest efficiency. These factors are expected to drive the precious metals market growth.

Regional Insights

Asia Pacific to Dominate Backed by Increased Consumption of Gold

Asia Pacific is expected to remain at the forefront and hold the highest position in the market for precious metals during the forecast period owing to increased consumption of gold in the region. For instance, a report suggests that China and India are top consumers of gold worldwide. China consumes around 984 metric tons of gold per year, and India consumes approximately 849 metric tons of gold per year.  Asia Pacific stood at USD 135.04 billion in 2020.

North America is anticipated to showcase significant precious metals market share in upcoming years owing to the presence of minerals mines in the vicinity of the region, combined with the strong manufacturing capabilities in the region.

Market Segmentation:

By type, the market for precious metals is divided into silver, gold, and platinum group metals. By application, it is divided into industrial, jewelry, investment, and others.

Based on type, the platinum segment held the largest market share of 26.1% in 2020.  This is attributable to its increased demand in the auto-catalysts application. Moreover, platinum has the ability to capture carbon and other harmful emissions. Therefore, industries are increasingly using platinum group metals to curb pollution.

Finally, based on region, the market is categorized into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

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Competitive Landscape

Key Players Focus on New Product Launches to Gain a Competitive Edge

The market for precious metals is consolidated by major companies striving to maintain their position by focusing on new launches. For instance, in May 2018, the AngloGold Ashanti, along with Barrick Gold, sold its 80% stake in Morila Gold Mine in Mali to Mali Lithium. This mine is projected to produce 765 kilograms of gold in 2019, and the sale of the mine was estimated to be at USD 22 million.

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends
• Key Insights
  • Key Market Trends in the Global Market
  • Key Developments: Mergers, Acquisition, Partnership, etc. .
  • Latest Technological Advancement
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis
• Qualitative Insights Impact of COVID 19 on Global Precious Metals Market
  • Supply Chain Challenges
  • Steps taken by Government/Companies to overcome this impact
  • Potential opportunities due to COVID-19 outbreak

TOC Continued…!

Key Industry Development

January 2020: Kinross Gold Corporation acquired Chulbatkan from N-Mining Limited, worth USD 283 million. It is a high-quality heap leap development project in Russia.

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US Flexible Film Market Trends, Drivers, Strategies and Competitive Landscape Forecast by 2027 | Flexible Film Industry Global Trends

 The global flexible film market size is expected to showcase exponential growth by reaching USD 141,785.7 million by 2027 while exhibiting a CAGR of 6.0% between 2020 and 2027. The growth is attributable to the increasing demand for eco-friendly flexible film and the growing demand from the electronics industry globally.” The report further mentions that the market stood at USD 88,702.8 million in 2019

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COMPETITIVE LANDSCAPE

Environmental Concerns Propel Market Players to Introduce Eco-Friendly Products

The global market is fragmented by the presence of major companies that are striving to maintain a stronghold and gain a competitive edge over their rivals. These companies are focusing on introducing eco-friendly flexible film to tackle environmental issues and to further reduce carbon footprint. Furthermore, other key players are adopting organic and inorganic strategies to gain a major chunk of share in the global marketplace.

Industry Development:

June 2020 - Innovia Films unveiled a new series of functional recyclable BOPP-based films, Encore. These films are manufactured by adopting renewable non-food raw materials. This is expected to lead to reduced adoption of fossil-based virgin raw materials.

List of the Companies Profiled in the Global Market:

• Mondi Group (Austria)
• Innovia Films (UK)
• Amcor Ltd (Australia)
• Bemis Company, Inc. (US)
• The Wipak Group (Finland)
• LINPAC Group (UK)
• Jindal Poly Films Ltd. (India)
• Berry Plastics Corporation (US)
• AEP Industries Inc. (US)
• Max Speciality Films Limited (India)
• Polyplex (India)
• CHIRIPAL POLY FILM (India)
• Cosmo Films Ltd. (India)
• Uflex Limited (India)
• Novus Holdings (South Africa)
• Flex Films (India)
• CTP Flexibles (South Africa)
• AMPAFLEX (South Africa)
• Others

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KEY DRIVING FACTORS

Increasing Demand for Electronics to Augment Growth

According to the latest official data, electronics import in India touched an astounding record of around USD 55.6 billion in 2019. The growing demand for electronics is expected to boost the adoption of advanced flexible film to protect the components from external damage. Moreover, the rising concerns over the adverse environmental effects of high plastic use is driving the demand for eco-friendly alternatives. This is anticipated to surge the demand for polyester-based films that are biodegradable in nature. These factors are expected to contribute to the global flexible film market growth in the forthcoming years. 

SEGMENTATION

Packaging Segment Held Largest Market Share in 2019

The packaging segment, based on application, held the largest market share in terms of revenue in 2019 and is expected to showcase considerable growth during the forecast period. This is ascribable to factors such as the increasing adoption of innovative flexible films for packaging solutions across several industrial applications such as food & beverage, automotive, and electronics.

REGIONAL INSIGHTS

Asia-Pacific to Remain Dominant; Increasing Government Initiative to Reduce Plastic Waste to Favor Growth

Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the global flexible film market. This dominance is attributable to the increasing government initiatives to reduce plastic waste that propels the demand for advanced sustainable flexible film in the region between 2020 and 2027. Asia Pacific stood at USD 46,540.4 million in 2019.

On the other hand, Europe is expected to hold the second position in the market owing to the higher adoption of these films in the automotive sector to prevent parts from damage due to high temperature and stretches.

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Emerging Trends – For Major Countries
  • Key Developments: Capacity Expansions, Acquisitions, Partnerships, etc.
  • Latest Technological Advancement
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis
• Qualitative Insights on Impact of COVID-19 on Global Flexible Film Market
  • Supply Chain Analysis & Challenges due to Covid-19
  • Steps taken by Government / Companies to Overcome this Impact
  • Potential Challenges and Opportunities due to COVID-19 Outbreak

TOC Continued…!

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Americas Recycled Plastics Market Outlook: Key Futuristic Trends and Competitive Landscape by 2027

According to Fortune Business Insights™ The americas recycled plastics market share is projected to reach USD 6,330.0 million by 2027, exhibiting a CAGR of 7.2% during the forecast period. High plastic waste generation in the United States and Brazil will be the central factor fueling this market in the coming years, states Fortune Business Insights™ According to the International Solid Waste Association (ISWA), the US releases approximately 88-242 million pounds of plastic per year. Moreover, the annual International Coastal Cleanup found 3.7 million tons of trash on the US coasts in 2017, majority of which was plastic. Brazil, on the other hand, generates over 11 million tons of plastic every year, but recycles only 1.28% of it, as per the findings of a World Wide Fund (WWF) report published in 2019. More than 7 million tons of plastic waste in Brazil goes in landfills, the report further notes. With two of the largest economies of the Americas producing massive amounts of plastic waste every year, the opportunities for companies in plastic recycling are extensive, boding well for the Americas recycled plastics market growth. 

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The report states that the global market value stood at USD 3,834.8 million in 2019 and provides the following information:

• In-depth examination of the factors driving and restraining the market;
• Detailed insights into the different market segments; 
• Exhaustive analysis of the regional prospects influencing the market; and
• Comprehensive evaluation of the key market players and their strategies. 

 

List of Key Players Covered in the Americas Recycled Plastics Market Report:

• Custom Polymers, Inc. (U.S.)
• UltrePET LLC (U.S.)
• Delta Plastics (U.S.)
• Clear Path Recycling, LLC (U.S.)
• Green Line Polymers (U.S.)
• Schöenberg & Co. (U.S.)
• Biocirculo (Colombia)
• Veolia (France)
• Avangard Innovative (U.S.)
• Ultra Poly Corporation (U.S.)
• Fresh Pak Corporation (U.S.)
• Suez Group (France)
• Plastipak Holdings(U.S.)

Market Driver

Development of Innovative Recycling Technologies to Boost Market Growth

Plastic recycling is a time-consuming, resource-heavy process. However, extensive research into plastic recycling in Americas, especially in the US and Canada, is showing potential in making this process more economically viable and convenient. For instance, Cornell University in the US has a developed a technique which involves adding a layer of tetra-block copolymer between laminated sheets of polypropylene and polyethylene, creating a tough plastic that will be easier to recycle. Another notable innovation was achieved in 2017, when two Denver-based companies, Alpine Waste & Recycling and AMP Robotics, developed “Clarke”, a robot powered by Artificial Intelligence (AI). Clarke is embedded with algorithms that enable it to identify packaging details of products and isolate them for recycling. The companies hope that the robot will reduce the plastic waste going into landfills in the US. The Americas recycled plastics market stands to gain from such technological advancements. 

Regional Insights

Massive Demand for Packaged Goods to Propel the Market in the US

The US recycled plastics market size stood at USD 1,862.2 million in 2019 backed by a robust demand for packaged goods in the country. Furthermore, companies such as Coca-Cola and Pepsi are extensively utilizing recycled PET for packaging their staple beverages, which is augmenting the demand for recycled plastics in the country. In Canada, the federal government is aggressively pushing its agenda to eliminate single-use plastic products by 2021, thereby fueling the adoption of recycled plastic materials across the country. 

Similar to Canada’s goals regarding single-use plastics, Latin American countries such as Colombia and Chile are steadily lowering their dependence on single-use plastics. Chile, in fact, is the first Latin American country to sign the Plastics Pact, which is an initiative to reduce plastic pollution around the world. These measures are allowing countries in the region to fasten their hold on the Americas recycled plastics market share. 

Competitive Landscape

Long-Term Partnerships by Key Players to Fire up Competition

Key companies in this market are entering into collaborations with diverse entities to expand their operational horizons and widen their offerings to end-users. In the process, these participants are cementing their place in this niche market and enhancing its potential. 

Industry Developments:

• September 2019: The UK-based consumer goods company, Reckitt Benckiser (RB) Group, announced the formation of the “Healthy You, Healthy Planet” partnership with TerraCycle, the pioneer in waste recycling. Under the partnership, the two companies will offer simple and cost-effective solutions to clients to recycle plastic waste created by consumer goods packaging. 
• March 2019: Veolia and Nestle joined forces to cover all aspects of plastic waste management with focus on flexible plastic packaging in 11 priority areas across Europe, Latin America, Asia, and Africa. Their goal is to attain 35% recycled plastic content in bottles and 15% in all packaged products by 2025. 

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Japan Coating Resins Market Share, Growth, Trends, Industry Forecast by 2027 | Coating Resins Industry Global Trends

 The global coating resins market size is set to gain impetus from the increasing development of greener processes by producers of final coating formulations, additives, pigments, and resins. This information is given by Fortune Business Insights™ in a new study,” The study further mentions that the coating resins market size was USD 33,707.6 million in 2019 and is projected to reach USD 47,412.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period.

How Did We Create This Report?

As customer expectations are changing, the aspirations of dealers are also transforming rapidly. Distribution channels are becoming complex. To provide our clients with detailed information, we have conducted extensive primary and secondary research. We have thoroughly investigated each opportunity qualitatively and quantitatively so that our clients get a complete picture of both emerging and existing opportunities. We have also conducted a techno-economic study.

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Segment-

Architectural Coatings Segment to Grow Rapidly Owing to High Demand for Durable Coatings

Based on the end-use industry, the architectural coatings segment is set to earn the largest coating resins market share throughout the forthcoming years. This growth is attributable to the surging demand for durable and high-performance coating resins for developing construction components. Besides, the increasing infrastructure spending would aid growth.

Drivers & Restraints-

Increasing Need to Develop Environmental-compatible Processes to Boost Growth

Nowadays, the availability of limited petrochemical resources and the rising environmental issues are resulting in the increasing research and development activities worldwide. These are meant for the development of bio-based polymers. Several manufacturers are striving to provide environmental-compatible goods and processes for a wide range of industries. Commercial epoxy resins can be easily epoxidized and they are cost-effective. These factors are expected to bolster the coating resins market growth in the coming years. However, the usage of alkyds in various coatings can be harmful for humans and the environment. It may hamper growth.

 

Regional Insights-

Asia Pacific to Dominate Stoked by Increasing Construction Activities

Europe, on the other hand, is likely to show considerable growth fueled by rising infrastructural investments and ongoing developments in the oil and gas sector. In North America, the increasing industrial manufacturing activities will lead to moderate demand for coating resins.

Geographically, Asia Pacific earned USD 14,158.9 million in terms of the coating resins market share in 2019. The region is anticipated to retain its dominant position in the coming years because of the rising production of automotive and increasing construction activities in the region. Besides, the high consumer spending and general industrial production would propel growth.

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Competitive Landscape-

Key Players Focus on Acquisitions and New Product Launches to Gain a Competitive Edge

The market for coating resins contains several companies that are mainly aiming to elevate their positions by acquiring other local manufacturers. Some of the others are planning to develop state-of-the-art coating resins to attract more consumers. Below are the two latest industry developments:

• May 2020: DIC Corporation acquired Ideal Chemi Plast Pvt. Ltd., a mid-tier Indian resins manufacturer. This new acquisition would help the company to strengthen its position in the Indian market and develop high-end resins.

• July 2020: Engineered Polymer Solutions (EPS)unveiled the EPS® 2400 series in North America. It contains six waterborne acrylic resins best suited for wood coating formulators. It can be used for developing high-performance solutions for flooring, furniture, cabinetry, and other industrial applications.

A list of the renowned coating resins manufacturers operating in the global market:

• BASF SE (Ludwigshafen, Germany)
• ALLNEX NETHERLANDS B.V. (Bergen Op Zoom, The Netherlands)
• Covestro AG (Leverkusen, Germany)
• Wacker Chemie AG (Munich, Germany)
• Dow (Michigan, U.S.)
• Sherwin-Williams (Ohio, U.S.)
• Evonik (Essen, Germany)
• Mitsubishi Chemical Corporation (Tokyo, Japan)
• TORAY INDUSTRIES, INC. (Tokyo, Japan)
• Solvay (Brussels, Belgium)
• Eastman Chemical Company (Tennessee, U.S.)
• DIC CORPORATION (Tokyo, Japan)
• Hexion (Ohio, U.S.)
• Perstorp (Malmö, Sweden)
• DSM (Heerlen, Netherlands)
• Arkema (Colombes, France)
• Other Key Players

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