• Calcium Cyanamide Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Calcium Cyanamide industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries.

    “Calcium Cyanamide market was estimated at USD 976.87 million, and it’s anticipated to reach USD 1192.29 million in 2031, with a CAGR of 2.24% during the forecast years.”

    Get a Sample Copy of the Report at –

    https://www.globalgrowthinsights.com/enquiry/request-sample/100192

    Segment by Type

    Calcium Cyanamide Granular
    Calcium Cyanamide Powder
    Which growth factors drives the Calcium Cyanamide market growth?

    Increasing use of is expected to drive the growth of the Calcium Cyanamide Market.

    Segment by Application

    Fertilizer Industry
    Pesticide Industry
    Industrial Industry
    Market Segment by Region/Country Including: -

    North America (United States, Canada, and Mexico)
    Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
    Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
    South America (Brazil, Argentina, Colombia, etc.)
    Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)
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    Calcium Cyanamide Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Calcium Cyanamide industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries. “Calcium Cyanamide market was estimated at USD 976.87 million, and it’s anticipated to reach USD 1192.29 million in 2031, with a CAGR of 2.24% during the forecast years.” Get a Sample Copy of the Report at – https://www.globalgrowthinsights.com/enquiry/request-sample/100192 Segment by Type Calcium Cyanamide Granular Calcium Cyanamide Powder Which growth factors drives the Calcium Cyanamide market growth? Increasing use of is expected to drive the growth of the Calcium Cyanamide Market. Segment by Application Fertilizer Industry Pesticide Industry Industrial Industry Market Segment by Region/Country Including: - North America (United States, Canada, and Mexico) Europe (Germany, UK, France, Italy, Russia and Spain, etc.) Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.) South America (Brazil, Argentina, Colombia, etc.) Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.) For More Related Reports Click Here : Solution Polymerized Styrene-Butadiene Rubber (SSBR) Market Share Tire Machinery Market Statistics Cosmetic Skin Care Industry Growth Report Solar Backsheet Industry Size Contact Lens Market Trends Commercial Cooking Equipment Market Size Industrial Rubber Products Market Size LPG Metal Cylinders Market Size Pad Printing Supplies Industry Forecast Ultra-Fine Aluminum Hydroxide Industry Size Surface-Enhanced Raman Spectroscopy (SERS) Substrate Market Size Language Learning Games Market Revenue Duty Free Travel Retail Market Forecast Report Laser Eye Shield Market Size and Share Estimation Comic Book Market Statistics Virtual Reality in Gaming Market Size Virtual Reality Content Market Statistics IoT Cloud Industry Growth Report Consulting Services Market Size and Share Estimation Commercial Cooking Equipment Market Size
    Ask Queries - Calcium Cyanamide Market Size, Share and Global Industry Trend Forecast till 2025
    Calcium Cyanamide market was estimated at USD 976.87 million, and it’s anticipated to reach USD 1166.16 million in 2030, with a CAGR of 2.24% during the forecast ye
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  • The global hafnium market size was valued at USD 155.52 million in 2022. The market is anticipated to expand from USD 396.07 million in 2023 to USD 669.77 million in 2030, exhibiting a CAGR of 7.8% over the estimated period.

    Information Source -https://www.fortunebusinessinsights.com/hafnium-market-108578

    Hafnium is a silvery gray lustrous tetravalent transition metal typically sourced from zirconium minerals. The global shift toward electrification, including the widespread adoption of renewable energy sources such as wind and solar, is a significant catalyst for hafnium market growth.

    Segmentation:

    Hafnium Metal Segment Dominated the Market Due to Its Advantages in Harsh Environmental Conditions

    In terms of type, the market is segmented into hafnium oxide, hafnium carbide, hafnium metal, and others. The hafnium metal segment held a key market share. Its impressive resistance to corrosion is a pivotal advantage, especially in industries exposed to harsh environmental condition. This factor is a significant driving force behind the ongoing expansion of the hafnium segment.

    Super Alloys Segment Maintained its Leadership Due to Increasing Adoption of Hafnium-Based Super Alloys

    On the basis of application, the market is divided into optical coating, nuclear, plasma cutting, super alloy, and others. The super alloys segment dominated the market in 2022. This is due to the increasing adoption of hafnium-based super alloys in diverse industries, including nuclear energy, gas turbines, biomedical, and aerospace.

    In terms of region, the market is categorized into Europe, North America, the Asia Pacific, and the rest of world.

    Report Coverage:

    The report offers a thorough analysis of the primary factors set to drive industry growth in the coming years. It provides valuable insights into the most recent market trends and highlights noteworthy industry advancements. Additionally, the report evaluates the influence of the COVID-19 pandemic on market expansion.

    Drivers and Restraints:

    Growing Advancements in Aerospace Sector to Propel Market Development

    Hafnium’s significance in the aerospace industry is a key driver of market growth. As military aircraft development and global travel continue to evolve, the aerospace sector is on the cusp of remarkable growth. This growth sparks an increasing demand for hafnium base-alloys particularly for the advancement of cutting-edge jet engines and spacecraft components, thereby propelling the market expansion.

    However, fluctuations in zirconium production, tied to hafnium supply, have led to periods of oversupply and shortages, disrupting market stability and growth prospects.

    Regional Insights:

    North America Emerged as Key Region Owing to Rising Demand for Pharmaceutical Products

    North America hafnium market share led the market position. The burgeoning need for efficient and accessible air travel options fuels the demand for new and upgrade aircrafts, thereby driving region’s growth.

    Hafnium’s exceptional properties, such as resistance to corrosion and high melting point, make it indispensable for manufacturing components that demand stability and durability under high temperatures. This heightened demand from diverse industries such as automotive, electronics, and energy is a primary driver of the Asia Pacific market growth.

    Competitive Landscape:

    Market is Consolidated due to the Presence of Well-Established Companies

    The market possesses a high level of consolidation, characterized by a select group of major companies who exercise significant control over the market. These well-established companies efficiently manage production facilities. The likelihood of new entrants establishing a presence in this market is quite limited, majorly due to the requirement for substantial technological expertise.

    Key Industry Development:

    April 2023 –SG Technologies Group Limited, a specialized manufacturer of rare-earth-based products was acquired by NEO Company. This strategic move marked a significant achievement for NEO, allowing them to broaden their product range within the rare earth sector.

    List of Key Players Mentioned in the Report:

    Framatome Inc. (France)
    Alkane Resources Ltd. (Australia)
    American Elements (U.S.)
    Nanjing Youtian Metal Technology Co.,Ltd. (China)
    ACI Alloys Inc. (U.S.)
    Westinghouse Electric Company LLC (U.S.)
    Baoji City Hengxin Rare Metal Co.,Ltd. (China)
    Nantong JP New Material Tech co. LTD (China)
    Advanced Engineering Materials Limited (China)
    Neo (Canada)
    The global hafnium market size was valued at USD 155.52 million in 2022. The market is anticipated to expand from USD 396.07 million in 2023 to USD 669.77 million in 2030, exhibiting a CAGR of 7.8% over the estimated period. Information Source -https://www.fortunebusinessinsights.com/hafnium-market-108578 Hafnium is a silvery gray lustrous tetravalent transition metal typically sourced from zirconium minerals. The global shift toward electrification, including the widespread adoption of renewable energy sources such as wind and solar, is a significant catalyst for hafnium market growth. Segmentation: Hafnium Metal Segment Dominated the Market Due to Its Advantages in Harsh Environmental Conditions In terms of type, the market is segmented into hafnium oxide, hafnium carbide, hafnium metal, and others. The hafnium metal segment held a key market share. Its impressive resistance to corrosion is a pivotal advantage, especially in industries exposed to harsh environmental condition. This factor is a significant driving force behind the ongoing expansion of the hafnium segment. Super Alloys Segment Maintained its Leadership Due to Increasing Adoption of Hafnium-Based Super Alloys On the basis of application, the market is divided into optical coating, nuclear, plasma cutting, super alloy, and others. The super alloys segment dominated the market in 2022. This is due to the increasing adoption of hafnium-based super alloys in diverse industries, including nuclear energy, gas turbines, biomedical, and aerospace. In terms of region, the market is categorized into Europe, North America, the Asia Pacific, and the rest of world. Report Coverage: The report offers a thorough analysis of the primary factors set to drive industry growth in the coming years. It provides valuable insights into the most recent market trends and highlights noteworthy industry advancements. Additionally, the report evaluates the influence of the COVID-19 pandemic on market expansion. Drivers and Restraints: Growing Advancements in Aerospace Sector to Propel Market Development Hafnium’s significance in the aerospace industry is a key driver of market growth. As military aircraft development and global travel continue to evolve, the aerospace sector is on the cusp of remarkable growth. This growth sparks an increasing demand for hafnium base-alloys particularly for the advancement of cutting-edge jet engines and spacecraft components, thereby propelling the market expansion. However, fluctuations in zirconium production, tied to hafnium supply, have led to periods of oversupply and shortages, disrupting market stability and growth prospects. Regional Insights: North America Emerged as Key Region Owing to Rising Demand for Pharmaceutical Products North America hafnium market share led the market position. The burgeoning need for efficient and accessible air travel options fuels the demand for new and upgrade aircrafts, thereby driving region’s growth. Hafnium’s exceptional properties, such as resistance to corrosion and high melting point, make it indispensable for manufacturing components that demand stability and durability under high temperatures. This heightened demand from diverse industries such as automotive, electronics, and energy is a primary driver of the Asia Pacific market growth. Competitive Landscape: Market is Consolidated due to the Presence of Well-Established Companies The market possesses a high level of consolidation, characterized by a select group of major companies who exercise significant control over the market. These well-established companies efficiently manage production facilities. The likelihood of new entrants establishing a presence in this market is quite limited, majorly due to the requirement for substantial technological expertise. Key Industry Development: April 2023 –SG Technologies Group Limited, a specialized manufacturer of rare-earth-based products was acquired by NEO Company. This strategic move marked a significant achievement for NEO, allowing them to broaden their product range within the rare earth sector. List of Key Players Mentioned in the Report: Framatome Inc. (France) Alkane Resources Ltd. (Australia) American Elements (U.S.) Nanjing Youtian Metal Technology Co.,Ltd. (China) ACI Alloys Inc. (U.S.) Westinghouse Electric Company LLC (U.S.) Baoji City Hengxin Rare Metal Co.,Ltd. (China) Nantong JP New Material Tech co. LTD (China) Advanced Engineering Materials Limited (China) Neo (Canada)
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  • The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market.

    Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714

    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

    We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future.

    The fluoroelastomers market report emphasizes on:

    Superior insights into all market
    Valuable data about eminent players
    Emerging trends
    Regional Insights
    Market drivers and restraints
    Latest developments
    Market Driver:

    Surging Demand for Fuel-Efficient Vehicles to Incite Development

    The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future.

    Halt on Manufacturing Activities to Reduce Demand Amid COVID-19

    The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic.

    Regional Analysis:

    Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific

    The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region.

    Key Development:

    October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries.

    The Report Lists the Key Players in the Global Market

    Solvay S.A. (Belgium)
    The Chemours Company (U.S.)
    Daikin Industries Ltd. (Japan)
    3M (U.S.)
    AGC, Inc. (Japan)
    Shin-Etsu Chemical Co., Ltd. (Japan)
    Eagle Elastomer Inc. (U.S.)
    HaloPolymer (Russia)
    James Walker & Co. (UK)
    Air Boss Rubber Solutions (Canada)
    Dynafluon (India)
    Other Players
    The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market. Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future. The fluoroelastomers market report emphasizes on: Superior insights into all market Valuable data about eminent players Emerging trends Regional Insights Market drivers and restraints Latest developments Market Driver: Surging Demand for Fuel-Efficient Vehicles to Incite Development The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future. Halt on Manufacturing Activities to Reduce Demand Amid COVID-19 The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic. Regional Analysis: Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region. Key Development: October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries. The Report Lists the Key Players in the Global Market Solvay S.A. (Belgium) The Chemours Company (U.S.) Daikin Industries Ltd. (Japan) 3M (U.S.) AGC, Inc. (Japan) Shin-Etsu Chemical Co., Ltd. (Japan) Eagle Elastomer Inc. (U.S.) HaloPolymer (Russia) James Walker & Co. (UK) Air Boss Rubber Solutions (Canada) Dynafluon (India) Other Players
    Fluoroelastomer Market Size & Growth | Global Forecast [2027]
    The global fluoroelastomer market size was USD 1,356.4 million in 2019 and is projected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period.
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.

    The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.

    Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth.

    Increasing Regulatory Approvals will Help Companies Generate Huge Revenues

    The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth.

    Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth

    The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers.

    List of companies profiled in the report:

    Qingdao BLT Packing Industrial Co., Ltd. (China)
    Qingdao LET Flexitank Co., Ltd. (China)
    LiquA Europe SLU (Spain)
    Qingdao LAF Packaging Co., Ltd. (China)
    LSM SA (Argentina)
    UWL Inc. (U.S.)
    FTS Container Packaging Co., Ltd. (China)
    SIA Flexitanks (Ireland, USA, Malaysia)
    BeFlexi (Cyprus)
    Hinrich Industries (Malaysia)
    TIBA (Spain)
    Flexible World Company Ltd. (Vietnam)
    Flexitank Group (Spain)
    Hillebrand (Germany)
    Braidco (UK)
    Rishi FIBC Solutions Pvt. Ltd.(India)
    VTG Tanktianer GmbH (Germany)
    Other Key Players
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries. The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic. Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth. Increasing Regulatory Approvals will Help Companies Generate Huge Revenues The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth. Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers. List of companies profiled in the report: Qingdao BLT Packing Industrial Co., Ltd. (China) Qingdao LET Flexitank Co., Ltd. (China) LiquA Europe SLU (Spain) Qingdao LAF Packaging Co., Ltd. (China) LSM SA (Argentina) UWL Inc. (U.S.) FTS Container Packaging Co., Ltd. (China) SIA Flexitanks (Ireland, USA, Malaysia) BeFlexi (Cyprus) Hinrich Industries (Malaysia) TIBA (Spain) Flexible World Company Ltd. (Vietnam) Flexitank Group (Spain) Hillebrand (Germany) Braidco (UK) Rishi FIBC Solutions Pvt. Ltd.(India) VTG Tanktianer GmbH (Germany) Other Key Players
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  • The global water soluble polymer market size was USD 33.02 billion in 2020. The market is projected to grow from USD 34.82 billion in 2021 to USD 50.76 billion in 2028 at a CAGR of 5.5% during the 2021-2028 period. Fortune Business Insights™ provides this information in its report, titled, “Water Soluble Polymer Market, 2021-2028.” According to our analysts, the rising employment in textile, municipal, and industrial wastewater treatment, paint, paper, construction, pharmaceutical, household detergents, and personal care is projected to navigate the growth of the water-soluble polymer market during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/water-soluble-polymers-market-106175

    Report Coverage

    The report presents a methodical study of the different market segments and a systematic breakdown of the general market dynamics. A considerate assessment of the present-day market trends combined with the forthcoming opportunities is presented in the report. Furthermore, it delivers an in-depth exploration of the regional angles and how they assist in shaping market growth. The COVID-19 influences have been discussed in the report to support financiers and professional business owners with an improved understanding of the potential threats existing in the market. The report further recognizes the key players and reveals their important tactics to remain in the leading position.
    The global water soluble polymer market size was USD 33.02 billion in 2020. The market is projected to grow from USD 34.82 billion in 2021 to USD 50.76 billion in 2028 at a CAGR of 5.5% during the 2021-2028 period. Fortune Business Insights™ provides this information in its report, titled, “Water Soluble Polymer Market, 2021-2028.” According to our analysts, the rising employment in textile, municipal, and industrial wastewater treatment, paint, paper, construction, pharmaceutical, household detergents, and personal care is projected to navigate the growth of the water-soluble polymer market during the forecast period. Information Source - https://www.fortunebusinessinsights.com/water-soluble-polymers-market-106175 Report Coverage The report presents a methodical study of the different market segments and a systematic breakdown of the general market dynamics. A considerate assessment of the present-day market trends combined with the forthcoming opportunities is presented in the report. Furthermore, it delivers an in-depth exploration of the regional angles and how they assist in shaping market growth. The COVID-19 influences have been discussed in the report to support financiers and professional business owners with an improved understanding of the potential threats existing in the market. The report further recognizes the key players and reveals their important tactics to remain in the leading position.
    Water Soluble Polymers Market Size, Share and Growth, 2028
    The global water soluble polymers market is projected to grow from $34.82 billion in 2021 to $50.76 billion in 2028 at a CAGR of 5.5% in forecast period
    0 Comments 0 Shares 1196 Views
  • The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market.

    Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714

    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

    We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future.

    The fluoroelastomers market report emphasizes on:

    Superior insights into all market
    Valuable data about eminent players
    Emerging trends
    Regional Insights
    Market drivers and restraints
    Latest developments
    Market Driver:

    Surging Demand for Fuel-Efficient Vehicles to Incite Development

    The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future.

    Halt on Manufacturing Activities to Reduce Demand Amid COVID-19

    The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic.

    Regional Analysis:

    Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific

    The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region.

    Key Development:

    October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries.

    The Report Lists the Key Players in the Global Market

    Solvay S.A. (Belgium)
    The Chemours Company (U.S.)
    Daikin Industries Ltd. (Japan)
    3M (U.S.)
    AGC, Inc. (Japan)
    Shin-Etsu Chemical Co., Ltd. (Japan)
    Eagle Elastomer Inc. (U.S.)
    HaloPolymer (Russia)
    James Walker & Co. (UK)
    Air Boss Rubber Solutions (Canada)
    Dynafluon (India)
    Other Players
    The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market. Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future. The fluoroelastomers market report emphasizes on: Superior insights into all market Valuable data about eminent players Emerging trends Regional Insights Market drivers and restraints Latest developments Market Driver: Surging Demand for Fuel-Efficient Vehicles to Incite Development The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future. Halt on Manufacturing Activities to Reduce Demand Amid COVID-19 The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic. Regional Analysis: Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region. Key Development: October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries. The Report Lists the Key Players in the Global Market Solvay S.A. (Belgium) The Chemours Company (U.S.) Daikin Industries Ltd. (Japan) 3M (U.S.) AGC, Inc. (Japan) Shin-Etsu Chemical Co., Ltd. (Japan) Eagle Elastomer Inc. (U.S.) HaloPolymer (Russia) James Walker & Co. (UK) Air Boss Rubber Solutions (Canada) Dynafluon (India) Other Players
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  • The global military robot market size is expected to reach USD 25.66 billion by 2027, exhibiting a CAGR of 12.2% during the forecast period. The growing adoption of advanced aerial robots in military operations, including attacking, rescue activities, surveillance, and others will have a tremendous impact on the global market, states Fortune Business Insights, in a report, The market size stood at USD 13.87 billion.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/military-robots-market-104663

    The entire world is fighting with the COVID-19 pandemic, which has severely disrupted trades across the globe. 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.
    The global military robot market size is expected to reach USD 25.66 billion by 2027, exhibiting a CAGR of 12.2% during the forecast period. The growing adoption of advanced aerial robots in military operations, including attacking, rescue activities, surveillance, and others will have a tremendous impact on the global market, states Fortune Business Insights, in a report, The market size stood at USD 13.87 billion. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/military-robots-market-104663 The entire world is fighting with the COVID-19 pandemic, which has severely disrupted trades across the globe. 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.
    Military Robots Market Size, Share & Trends | Report [2020-2027]
    The global military robots market size was USD 13.87 billion in 2019. The global impact of COVID-19 has been unprecedented and staggering, with intelligence, surveillance, and reconnaissance segments witnessing a positive demand shock across all
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.
    Flexitank Market Size, Share, Growth | Global Industry Report [2027]
    The global flexitank market size is projected to reach USD 1,201.6 million by 2027, exhibiting a CAGR of 13.7% during the forecast period
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  • The global surfactants market size is projected to reach USD57.81 billion by 2028, exhibiting a CAGR of 4.9% during the forecast period. The market stood at USD 39.42 billion in 2020 and is estimated to reach USD 41.22 billion in 2021. The rising demand for cleaning agents from the household sector is likely to fuel market growth. Fortune Business Insights™ mentions this information in its report titled "Surfactants Market, 2021-2028."

    Information Source- https://www.fortunebusinessinsights.com/surfactants-market-102385

    Surfactants are compounds made by combining liquid, gas, and other chemical compounds that contain minimal surface tension. They are used extensively in household applications because of their ability to effectively eliminate germs and maintain hygiene. They are used in food & beverage, personal care, textile, and household sectors because of their effectiveness and strength. Their emulsifying, washing, and wetting properties are expected to boost demand from the household sector. They are used in shaving creams, handwashes, and creams because of their lubricating abilities. The compounds are used in shaving creams because of their ability to remove hair in a faster and easier manner. Further, the rising demand for hygiene among consumers is expected to boost the demand for effective products among consumers. These factors are likely to fuel the market growth during the upcoming years.

    Segments

    By product, the market is segmented into amphoteric, cationic, non-ionic, and anionic. Based on application it is divided into plastics, industrial & institutional cleaning, food & beverages, textile, personal care, and home care. Geographically, it is grouped into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Highlights of the Report

    The report offers a comprehensive examination of the top segments and the newest trends in the market. It expansively debates the drivers as well as the limiting factors and the influence of COVID-19 on the market. Furthermore, it reviews the regional progressions and the tactics undertaken by the market's vital players.

    Drivers and Restraints

    Increasing Applications from Several Sectors to Boost Market Progress

    Surfactant applications are increasing rapidly in the food & beverage, textiles, and home care sector. Its disinfecting ability and effectiveness are expected to increase its adoption. The rising awareness from consumers regarding hygiene is expected to boost its sales. Further, the adoption of the product as an ingredient in hand wash, shampoo, cleaning products, detergent, and sanitizers is expected to boost product demand. It is used in several Industrial cleaning applications to remove dust particles, by-products, soil, and other impurities. Increasing adoption of the product in hospitals and other medical institutions is expected to boost its sales. Rising per-capita income and evolving consumer lifestyles lead to the adoption of cleaning agents by consumers in developing countries. These factors are likely to fuel market growth.

    However, fluctuating raw material prices and increasing environmental concerns are expected to hinder market progress.

    Regional Insights

    Robust Demand for Personal Care Products to Boost Market Growth in Asia Pacific

    Asia Pacific is expected to hold the largest surfactant market share owing to the rising demand for personal care and home care products from developing countries. The market in Asia Pacific stood at USD 15.81 billion in 2020 and is expected to soar during the upcoming years. Further, low manufacturing and labor costs are expected to boost the chemical compound's production. These factors are likely to influence market progress.

    In North America, increased spending capacity and rapid industrialization are likely to boost market progress. Further, the presence of manufacturers such as Formosa Plastics, Dow, and Chevron is likely to promote surfactant sales. Additionally, the emergence of several bio-surfactant manufacturers is likely to promote market growth.

    In Europe, surfactants' rising demand from the personal care and home care sectors is likely to boost their adoption. Further, the development of the textile, household, and fashion industries is likely to boost market growth.
    The global surfactants market size is projected to reach USD57.81 billion by 2028, exhibiting a CAGR of 4.9% during the forecast period. The market stood at USD 39.42 billion in 2020 and is estimated to reach USD 41.22 billion in 2021. The rising demand for cleaning agents from the household sector is likely to fuel market growth. Fortune Business Insights™ mentions this information in its report titled "Surfactants Market, 2021-2028." Information Source- https://www.fortunebusinessinsights.com/surfactants-market-102385 Surfactants are compounds made by combining liquid, gas, and other chemical compounds that contain minimal surface tension. They are used extensively in household applications because of their ability to effectively eliminate germs and maintain hygiene. They are used in food & beverage, personal care, textile, and household sectors because of their effectiveness and strength. Their emulsifying, washing, and wetting properties are expected to boost demand from the household sector. They are used in shaving creams, handwashes, and creams because of their lubricating abilities. The compounds are used in shaving creams because of their ability to remove hair in a faster and easier manner. Further, the rising demand for hygiene among consumers is expected to boost the demand for effective products among consumers. These factors are likely to fuel the market growth during the upcoming years. Segments By product, the market is segmented into amphoteric, cationic, non-ionic, and anionic. Based on application it is divided into plastics, industrial & institutional cleaning, food & beverages, textile, personal care, and home care. Geographically, it is grouped into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Highlights of the Report The report offers a comprehensive examination of the top segments and the newest trends in the market. It expansively debates the drivers as well as the limiting factors and the influence of COVID-19 on the market. Furthermore, it reviews the regional progressions and the tactics undertaken by the market's vital players. Drivers and Restraints Increasing Applications from Several Sectors to Boost Market Progress Surfactant applications are increasing rapidly in the food & beverage, textiles, and home care sector. Its disinfecting ability and effectiveness are expected to increase its adoption. The rising awareness from consumers regarding hygiene is expected to boost its sales. Further, the adoption of the product as an ingredient in hand wash, shampoo, cleaning products, detergent, and sanitizers is expected to boost product demand. It is used in several Industrial cleaning applications to remove dust particles, by-products, soil, and other impurities. Increasing adoption of the product in hospitals and other medical institutions is expected to boost its sales. Rising per-capita income and evolving consumer lifestyles lead to the adoption of cleaning agents by consumers in developing countries. These factors are likely to fuel market growth. However, fluctuating raw material prices and increasing environmental concerns are expected to hinder market progress. Regional Insights Robust Demand for Personal Care Products to Boost Market Growth in Asia Pacific Asia Pacific is expected to hold the largest surfactant market share owing to the rising demand for personal care and home care products from developing countries. The market in Asia Pacific stood at USD 15.81 billion in 2020 and is expected to soar during the upcoming years. Further, low manufacturing and labor costs are expected to boost the chemical compound's production. These factors are likely to influence market progress. In North America, increased spending capacity and rapid industrialization are likely to boost market progress. Further, the presence of manufacturers such as Formosa Plastics, Dow, and Chevron is likely to promote surfactant sales. Additionally, the emergence of several bio-surfactant manufacturers is likely to promote market growth. In Europe, surfactants' rising demand from the personal care and home care sectors is likely to boost their adoption. Further, the development of the textile, household, and fashion industries is likely to boost market growth.
    Surfactants Market Size, Share, Growth | Global Report [2028]
    The global surfactants market is projected to grow from $41.22 billion in 2021 to $57.81 billion by 2028 at a CAGR of 4.9% in the forecast period, 2021-2028
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  • The global cold chain packaging refrigerants market size is expected to reach USD 1,991.4 million by 2027, exhibiting a CAGR of 8.0% during the forecast period. The increasing product innovation coupled with demand for sustainable refrigerant products will have an excellent impact on the market, The market size stood at USD 1,093.8 million in 2019.

    Information Source-https://www.fortunebusinessinsights.com/cold-chain-packaging-refrigerants-market-104287

    The report on cold chain packaging refrigerants market contains:

    Grander insights into the market
    Precise data with thorough research
    Market dynamics and factors exhibiting market growth
    Detailed information about the eminent players
    COVID-19 impact
    Market Driver:

    Significant Demand for Biopharmaceutical Products to Propel Growth

    The increasing demand for biopharmaceutical products such as drugs, vaccines, blood, and others can spur lucrative opportunities for the market. The flourishing biopharmaceutical in emerging nations will contribute positively to the growth of the market. For instance, African countries like Nigeria, South Sudan, and others have rapidly increased the supply of polio vaccines owing to a high prevalence rate in the region along with growing government support. Furthermore, the rising aging population is expected to enable speedy expansion of the market growth in the forthcoming years. The heavy demand for critical drugs and enzymes such as insulin will further promote the growth of the market. Besides, the growing awareness about the advantages of packaging refrigerants such as protection and temperature maintenance for sensitive products will intensify growth in the forthcoming years.

    Disrupted Operations to Dwindle Market Growth During Coronavirus

    The disruption caused by COVID-19 has resulted in a disturbing supply chain, shortage of labor, low consumer demand, and others. The drastic drop in packaging refrigerant demand owing to the interrupted distribution of food and beverage products will negatively affect market growth. However, the supply and distribution of the COVID-19 vaccine and other pharmaceutical products will spur demand for packaging refrigerants in the forthcoming years. For instance, on 4th October 2020, the union health ministry of India announced that India will distribute and utilize around 400-500 million vaccine doses by July 2021 within the country. Hence, a significant demand for cold chain logistics for the supply of vaccines will have an outstanding effect on the market in the near future.

    Regional Analysis:

    Booming Pharmaceutical Industry to Augment Growth in Asia Pacific

    The market in Asia Pacific is expected to hold the largest share in the global market during the forecast period owing to the expansion of the biopharmaceutical industry in developing countries such as India, China, Japan, South Korea, and others. The ever-increasing population in the Indian sub-continent will boost the growth of the market in the region. Moreover, the efficient management and distribution of food and pharmaceutical products can have a tremendous impact on the market in Asia Pacific. For instance, China invested in a cold chain logistics network and other related infrastructure to fulfill its domestic food and healthcare demand. North America is expected to account for the maximum share in the global market owing to the growing utilization of cold chain packaging refrigerants in the distribution of various products. The significant demand for refrigerants will propel the market in the region.
    The global cold chain packaging refrigerants market size is expected to reach USD 1,991.4 million by 2027, exhibiting a CAGR of 8.0% during the forecast period. The increasing product innovation coupled with demand for sustainable refrigerant products will have an excellent impact on the market, The market size stood at USD 1,093.8 million in 2019. Information Source-https://www.fortunebusinessinsights.com/cold-chain-packaging-refrigerants-market-104287 The report on cold chain packaging refrigerants market contains: Grander insights into the market Precise data with thorough research Market dynamics and factors exhibiting market growth Detailed information about the eminent players COVID-19 impact Market Driver: Significant Demand for Biopharmaceutical Products to Propel Growth The increasing demand for biopharmaceutical products such as drugs, vaccines, blood, and others can spur lucrative opportunities for the market. The flourishing biopharmaceutical in emerging nations will contribute positively to the growth of the market. For instance, African countries like Nigeria, South Sudan, and others have rapidly increased the supply of polio vaccines owing to a high prevalence rate in the region along with growing government support. Furthermore, the rising aging population is expected to enable speedy expansion of the market growth in the forthcoming years. The heavy demand for critical drugs and enzymes such as insulin will further promote the growth of the market. Besides, the growing awareness about the advantages of packaging refrigerants such as protection and temperature maintenance for sensitive products will intensify growth in the forthcoming years. Disrupted Operations to Dwindle Market Growth During Coronavirus The disruption caused by COVID-19 has resulted in a disturbing supply chain, shortage of labor, low consumer demand, and others. The drastic drop in packaging refrigerant demand owing to the interrupted distribution of food and beverage products will negatively affect market growth. However, the supply and distribution of the COVID-19 vaccine and other pharmaceutical products will spur demand for packaging refrigerants in the forthcoming years. For instance, on 4th October 2020, the union health ministry of India announced that India will distribute and utilize around 400-500 million vaccine doses by July 2021 within the country. Hence, a significant demand for cold chain logistics for the supply of vaccines will have an outstanding effect on the market in the near future. Regional Analysis: Booming Pharmaceutical Industry to Augment Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market during the forecast period owing to the expansion of the biopharmaceutical industry in developing countries such as India, China, Japan, South Korea, and others. The ever-increasing population in the Indian sub-continent will boost the growth of the market in the region. Moreover, the efficient management and distribution of food and pharmaceutical products can have a tremendous impact on the market in Asia Pacific. For instance, China invested in a cold chain logistics network and other related infrastructure to fulfill its domestic food and healthcare demand. North America is expected to account for the maximum share in the global market owing to the growing utilization of cold chain packaging refrigerants in the distribution of various products. The significant demand for refrigerants will propel the market in the region.
    Cold Chain Packaging Refrigerants Market Size, Share & Report [2027]
    The global cold chain packaging refrigerant market size was USD 1,093.8 million in 2019 and is projected to reach USD 1,991.4 million by 2027, exhibiting a CAGR of 8.0% during the forecast period.
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