• 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 latest research report on the Global Frozen Food Market delves into various factors such as drivers, challenges, opportunities, and threats to offer a comprehensive evaluation of the market. This study highlights growth patterns, market trends, competitive dynamics, and the overall regional expansion status. To support strategic decision-making, the report provides quantitative industry insights and data. The Frozen Food Market is segmented based on type, application, and region, and the report discusses investment scenarios, detailing market share and growth in terms of both value and volume.

    This report stems from a thorough investigation, both primary and secondary, of the Frozen Food market. It provides a detailed evaluation of the market's present status and future goals. Additionally, it includes a competitive industry analysis segmented by application, type, and regional tendencies. [Report Contains 123 Pages]

    “Frozen food market was estimated at USD 217879.17 million, and its anticipated to reach USD 365654.59 million in 2031, with a CAGR of 5.92% during the forecast years.”

    Get Sample PDF of Report at - https://www.globalgrowthinsights.com/enquiry/request-sample-pdf/frozen-food-market-100380

    Who are the leading players in the Frozen Food market?

    Pepperidge Farm
    Marie Callender's
    McCain Foods
    Eggo
    Multi Food Industries
    Conagra Brands
    Tyson Foods
    Dawn Foods
    Green Giant
    Tribali Foods
    Nestlé
    PK Meat & Food Company
    Ore-Ida
    Kraft Heinz Company
    McCain Foods
    General Mills
    Market segmentation

    Frozen Food Market size Segment by Type covers:

    Ready-to-eat
    Ready-to-cook
    Ready-to-Drink
    Others
    Frozen Food Market size Segment by Applications:

    Supermarkets/Hypermarkets
    Convenience Stores
    Specialty Stores
    Online Stores
    Others
    Browse More Details On This Report at - https://www.globalgrowthinsights.com/market-reports/frozen-food-market-100380

    Geographically, the report includes research on production, consumption, revenue, market share, and growth rate, and forecast of the following regions:

    North America (United States, Canada, and Mexico)
    Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
    South America (Brazil, Argentina, Columbia, etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
    Key Questions Answered in the Frozen Food Market Report:

    Which trends are predominantly shaping the global Frozen Food market?
    What main challenges does the Frozen Food market encounter?
    Which Frozen Food variants are commonly found in the market?
    How is the market share distributed among different Frozen Food types?
    How is the Frozen Food market spread across various regions?
    Who constitutes the primary clientele or end-users for Frozen Food products?
    How are prices trending in the Frozen Food market?
    Which emerging technologies have an impact on the Frozen Food market?
    How do regulatory policies influence the Frozen Food market?
    How does the competitive scenario look in the Frozen Food market?
    Which approaches are top companies in the Frozen Food market taking?
    Where can one spot opportunities and areas of potential growth in the Frozen Food market?
    What's the anticipated market outlook for the Frozen Food sector over the coming five years?
    Contact Us:

    Global Growth Insights

    Phone:

    US: (+1) 424 253 0807

    UK: (+44) 203 239 8187

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    Heli-Coil Thread Inserts Market Forecast Report
    The latest research report on the Global Frozen Food Market delves into various factors such as drivers, challenges, opportunities, and threats to offer a comprehensive evaluation of the market. This study highlights growth patterns, market trends, competitive dynamics, and the overall regional expansion status. To support strategic decision-making, the report provides quantitative industry insights and data. The Frozen Food Market is segmented based on type, application, and region, and the report discusses investment scenarios, detailing market share and growth in terms of both value and volume. This report stems from a thorough investigation, both primary and secondary, of the Frozen Food market. It provides a detailed evaluation of the market's present status and future goals. Additionally, it includes a competitive industry analysis segmented by application, type, and regional tendencies. [Report Contains 123 Pages] “Frozen food market was estimated at USD 217879.17 million, and its anticipated to reach USD 365654.59 million in 2031, with a CAGR of 5.92% during the forecast years.” Get Sample PDF of Report at - https://www.globalgrowthinsights.com/enquiry/request-sample-pdf/frozen-food-market-100380 Who are the leading players in the Frozen Food market? Pepperidge Farm Marie Callender's McCain Foods Eggo Multi Food Industries Conagra Brands Tyson Foods Dawn Foods Green Giant Tribali Foods Nestlé PK Meat & Food Company Ore-Ida Kraft Heinz Company McCain Foods General Mills Market segmentation Frozen Food Market size Segment by Type covers: Ready-to-eat Ready-to-cook Ready-to-Drink Others Frozen Food Market size Segment by Applications: Supermarkets/Hypermarkets Convenience Stores Specialty Stores Online Stores Others Browse More Details On This Report at - https://www.globalgrowthinsights.com/market-reports/frozen-food-market-100380 Geographically, the report includes research on production, consumption, revenue, market share, and growth rate, and forecast of the following regions: North America (United States, Canada, and Mexico) Europe (Germany, UK, France, Italy, Russia, Turkey, etc.) Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam) South America (Brazil, Argentina, Columbia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Key Questions Answered in the Frozen Food Market Report: Which trends are predominantly shaping the global Frozen Food market? What main challenges does the Frozen Food market encounter? Which Frozen Food variants are commonly found in the market? How is the market share distributed among different Frozen Food types? How is the Frozen Food market spread across various regions? Who constitutes the primary clientele or end-users for Frozen Food products? How are prices trending in the Frozen Food market? Which emerging technologies have an impact on the Frozen Food market? How do regulatory policies influence the Frozen Food market? How does the competitive scenario look in the Frozen Food market? Which approaches are top companies in the Frozen Food market taking? Where can one spot opportunities and areas of potential growth in the Frozen Food market? What's the anticipated market outlook for the Frozen Food sector over the coming five years? Contact Us: Global Growth Insights Phone: US: (+1) 424 253 0807 UK: (+44) 203 239 8187 Follow Us: https://www.globalgrowthinsights.com https://www.linkedin.com/company/global-growth-insights/ For More Related Reports Click Here : Tire Fabrics Industry Forecast Circular Push Pull Connectors Market Forecast Report Tire Machinery Market Statistics Human Microbiome Therapeutics Industry Forecast Skidders Market Trends Hospital Information Systems (HIS) Market Vegan Dessert Market Forecast Report Melamine Formaldehyde Resin Industry Growth Report Air Quality Apps Market Size and Share Estimation High Voltage Gas Insulated Switchgear (GIS) Industry Growth Report Flexible Printed Circuit Boards Industry Growth Report Amoled Market Forecast Report Mask Blank Market NFC Business Card Industry Revenue Dive Scooter Market Size and Share Estimation Premium Pram and Baby Stroller Market Share Private Cloud Services Market Share PrescriptionRx Sunglass Market Size and Share Estimation Hybrid Power Systems Industry Size Heli-Coil Thread Inserts Market Forecast Report
    Request Sample PDF - Frozen food Market Size, Share and Global Industry Trend Forecast till 2025
    Frozen food market was estimated at USD 217879.17 million, and its anticipated to reach USD 345217.7 million in 2031, with a CAGR of 5.92% during the forecast years.
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  • The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions.

    Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747

    Segments:

    Gold Segment to Register Notable Growth Due to Escalating Disposable Income

    Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.

    Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand

    Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels.

    Report Coverage:

    The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position.

    Drivers and Restraints:

    Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income

    Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment.

    However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others.

    Regional Insights:

    Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region

    Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent.

    The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

    Competitive Landscape:

    Market Players Enter Partnership Agreements to Strengthen Industry Presence

    Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences.

    Key Industry Development:

    May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.

    List of Key Players Mentioned in the Report:

    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)
    The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region. Competitive Landscape: Market Players Enter Partnership Agreements to Strengthen Industry Presence Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences. Key Industry Development: May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper. List of Key Players Mentioned in the Report: 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)
    Precious Metals Market Size, Industry Share, Global Trends, Forecast, 2030
    The global precious metals market is projected to grow from $275.40 billion in 2021 to $403.08 billion in 2028 at a CAGR of 5.6% in forecast period, 2021-2028
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  • The global steel wire market size was valued at USD 91.33 billion in 2018 and is expected to reach USD 112.14 billion by 2026, exhibiting a CAGR of 2.7% during the forecast period. Increasing construction activities in the residential sector and rising government spending in emerging economies may foster market growth. Fortune Business Insights™ provides this information in its report titled “Steel Wire Market, 2019-2026.”

    Information Source-

    https://www.fortunebusinessinsights.com/steel-wire-market-102581

    Segmentation

    Carbon Steel Segment to Dominate Owing to Rising Applications from the Construction Industry

    By grade, the market is segmented into carbon steel, stainless steel, and flat steel, alloy steel.

    The carbon steel segment is expected to dominate due to its rising applications in the construction sector. Further, technological advancements have enhanced the product’s quality, thereby facilitating segmental growth.

    Construction Segment to Dominate Owing to Increasing Commercial and Residential Projects

    As per the end-use industry, the market is classified into automotive, construction, energy, agriculture, and others.

    The construction segment is expected to dominate due to rising residential and commercial projects globally. Furthermore, rapid infrastructure development globally is expected to facilitate segmental growth.

    Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Rising Focus on Infrastructure Development to Foster Market Growth

    Steel wire is used to reinforce and strengthen building structures. A rising focus on infrastructure development in major countries is expected to foster the demand for the material. Furthermore, increasing residential and commercial projects by private and government firms are likely to escalate the material’s demand. Moreover, the rapid development of hospitals, offices, schools, and industries is expected to foster the wire’s sales. Also, the rising adoption of steel wire for the construction of dams, towers, and bridges is expected to foster its adoption. These factors may drive the steel wire market growth.

    However, the rising adoption of plastic ropes compared to their steel counterpart is expected to hamper the industry’s growth.

    Regional Insights

    Strong Demand for Construction Projects to Foster Market Growth in North America

    North America is expected to dominate the steel wire market share due to the robust demand for construction projects. The market in North America stood at USD 8.24 billion in 2018 and is expected to gain a huge portion of the global market share in the upcoming years. These factors may propel market growth in the region.

    In Europe, the presence of several significant manufacturing companies is expected to bolster steel wire demand. Further, the increasing adoption of the material for automobile applications is expected to boost industry growth.

    In Asia Pacific, the rising focus on infrastructure development by the governments of respective countries is expected to elevate steel wire production. This factor may propel industry growth in the region.

    Competitive Landscape

    Companies Announce Novel Products to Boost Brand Image

    The prominent companies operating in the market announce novel products to boost their brand image. For example, WireCo. announced TURBOLITE M, 8-strand steel ropes, in March 2019. The product targets the mining industry to strengthen the weight ratio while being lightweight compared to normal steel ropes. This launch may allow the company to attract consumers and elevate its brand image. Furthermore, manufacturers devise research and development, mergers, acquisitions, partnerships, and innovations to bolster their market position.

    Key Industry Development

    July 2022: JSL shall provide nearly 3,500 stainless steel wires to the Indian railway project for the Udhampur-Srinagar-Baramula Rail Link (USBRL) Tunnel Project.
    List of Key Players Profiled in the Market Report

    ArcelorMittal (Luxembourg)
    Bridon-Bekaert (Belgium)
    The Heico Companies (U.S.)
    Optimus Steel (U.S.)
    HBIS Group Co., Ltd. (China)
    Kobe Steel, Ltd. (Japan)
    WireCo WorldGroup Inc. (U.S.)
    JFE Steel Corporation (Japan)
    Nippon Steel (Japan)
    Insteel Industries (U.S.)
    SHAGANG GROUP Inc. (China)
    Byelorussian Steel Works (Belarus)
    Ferriere Nord S.p.a. (Italy)
    The global steel wire market size was valued at USD 91.33 billion in 2018 and is expected to reach USD 112.14 billion by 2026, exhibiting a CAGR of 2.7% during the forecast period. Increasing construction activities in the residential sector and rising government spending in emerging economies may foster market growth. Fortune Business Insights™ provides this information in its report titled “Steel Wire Market, 2019-2026.” Information Source- https://www.fortunebusinessinsights.com/steel-wire-market-102581 Segmentation Carbon Steel Segment to Dominate Owing to Rising Applications from the Construction Industry By grade, the market is segmented into carbon steel, stainless steel, and flat steel, alloy steel. The carbon steel segment is expected to dominate due to its rising applications in the construction sector. Further, technological advancements have enhanced the product’s quality, thereby facilitating segmental growth. Construction Segment to Dominate Owing to Increasing Commercial and Residential Projects As per the end-use industry, the market is classified into automotive, construction, energy, agriculture, and others. The construction segment is expected to dominate due to rising residential and commercial projects globally. Furthermore, rapid infrastructure development globally is expected to facilitate segmental growth. Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Rising Focus on Infrastructure Development to Foster Market Growth Steel wire is used to reinforce and strengthen building structures. A rising focus on infrastructure development in major countries is expected to foster the demand for the material. Furthermore, increasing residential and commercial projects by private and government firms are likely to escalate the material’s demand. Moreover, the rapid development of hospitals, offices, schools, and industries is expected to foster the wire’s sales. Also, the rising adoption of steel wire for the construction of dams, towers, and bridges is expected to foster its adoption. These factors may drive the steel wire market growth. However, the rising adoption of plastic ropes compared to their steel counterpart is expected to hamper the industry’s growth. Regional Insights Strong Demand for Construction Projects to Foster Market Growth in North America North America is expected to dominate the steel wire market share due to the robust demand for construction projects. The market in North America stood at USD 8.24 billion in 2018 and is expected to gain a huge portion of the global market share in the upcoming years. These factors may propel market growth in the region. In Europe, the presence of several significant manufacturing companies is expected to bolster steel wire demand. Further, the increasing adoption of the material for automobile applications is expected to boost industry growth. In Asia Pacific, the rising focus on infrastructure development by the governments of respective countries is expected to elevate steel wire production. This factor may propel industry growth in the region. Competitive Landscape Companies Announce Novel Products to Boost Brand Image The prominent companies operating in the market announce novel products to boost their brand image. For example, WireCo. announced TURBOLITE M, 8-strand steel ropes, in March 2019. The product targets the mining industry to strengthen the weight ratio while being lightweight compared to normal steel ropes. This launch may allow the company to attract consumers and elevate its brand image. Furthermore, manufacturers devise research and development, mergers, acquisitions, partnerships, and innovations to bolster their market position. Key Industry Development July 2022: JSL shall provide nearly 3,500 stainless steel wires to the Indian railway project for the Udhampur-Srinagar-Baramula Rail Link (USBRL) Tunnel Project. List of Key Players Profiled in the Market Report ArcelorMittal (Luxembourg) Bridon-Bekaert (Belgium) The Heico Companies (U.S.) Optimus Steel (U.S.) HBIS Group Co., Ltd. (China) Kobe Steel, Ltd. (Japan) WireCo WorldGroup Inc. (U.S.) JFE Steel Corporation (Japan) Nippon Steel (Japan) Insteel Industries (U.S.) SHAGANG GROUP Inc. (China) Byelorussian Steel Works (Belarus) Ferriere Nord S.p.a. (Italy)
    Steel Wire Market Size, Share | Growth Analysis Report [2029]
    The global steel wire market size is projected to grow from $65.17 billion in 2022 to $96.87 billion by 2029, at a 5.8% CAGR during the forecast period.
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  • The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.”

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715

    According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold.

    Segments

    Water-based Adhesives to Gain Ground with Soaring Demand from Packaging

    With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors.

    Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties

    In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally.

    Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food

    On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food.

    Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring

    With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring.

    Report Coverage

    The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

    Drivers and Restraints

    Burgeoning Urbanization and Rising R&D Activities to Drive Innovations

    The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.
    The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Adhesives and Sealants Market Share | Global Trends [2029]
    The global adhesives and sealants market is projected to grow from $65.38 billion in 2022 to $92.29 billion by 2029, at a CAGR of 5.0% in forecast period
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  • The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions.

    Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747

    Segments:

    Gold Segment to Register Notable Growth Due to Escalating Disposable Income

    Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.

    Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand

    Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels.

    Report Coverage:

    The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position.

    Drivers and Restraints:

    Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income

    Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment.

    However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others.

    Regional Insights:

    Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region

    Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent.

    The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

    Competitive Landscape:

    Market Players Enter Partnership Agreements to Strengthen Industry Presence

    Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences.

    Key Industry Development:

    May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.
    The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region. Competitive Landscape: Market Players Enter Partnership Agreements to Strengthen Industry Presence Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences. Key Industry Development: May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.
    Precious Metals Market Size, Industry Share, Global Trends, Forecast, 2030
    The global precious metals market is projected to grow from $275.40 billion in 2021 to $403.08 billion in 2028 at a CAGR of 5.6% in forecast period, 2021-2028
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  • The global steel wire market size was valued at USD 91.33 billion in 2018 and is expected to reach USD 112.14 billion by 2026, exhibiting a CAGR of 2.7% during the forecast period. Increasing construction activities in the residential sector and rising government spending in emerging economies may foster market growth. Fortune Business Insights™ provides this information in its report titled “Steel Wire Market, 2019-2026.”

    Information Source-

    https://www.fortunebusinessinsights.com/steel-wire-market-102581

    Segmentation

    Carbon Steel Segment to Dominate Owing to Rising Applications from the Construction Industry

    By grade, the market is segmented into carbon steel, stainless steel, and flat steel, alloy steel.

    The carbon steel segment is expected to dominate due to its rising applications in the construction sector. Further, technological advancements have enhanced the product’s quality, thereby facilitating segmental growth.

    Construction Segment to Dominate Owing to Increasing Commercial and Residential Projects

    As per the end-use industry, the market is classified into automotive, construction, energy, agriculture, and others.

    The construction segment is expected to dominate due to rising residential and commercial projects globally. Furthermore, rapid infrastructure development globally is expected to facilitate segmental growth.

    Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Rising Focus on Infrastructure Development to Foster Market Growth

    Steel wire is used to reinforce and strengthen building structures. A rising focus on infrastructure development in major countries is expected to foster the demand for the material. Furthermore, increasing residential and commercial projects by private and government firms are likely to escalate the material’s demand. Moreover, the rapid development of hospitals, offices, schools, and industries is expected to foster the wire’s sales. Also, the rising adoption of steel wire for the construction of dams, towers, and bridges is expected to foster its adoption. These factors may drive the steel wire market growth.

    However, the rising adoption of plastic ropes compared to their steel counterpart is expected to hamper the industry’s growth.

    Regional Insights

    Strong Demand for Construction Projects to Foster Market Growth in North America

    North America is expected to dominate the steel wire market share due to the robust demand for construction projects. The market in North America stood at USD 8.24 billion in 2018 and is expected to gain a huge portion of the global market share in the upcoming years. These factors may propel market growth in the region.

    In Europe, the presence of several significant manufacturing companies is expected to bolster steel wire demand. Further, the increasing adoption of the material for automobile applications is expected to boost industry growth.

    In Asia Pacific, the rising focus on infrastructure development by the governments of respective countries is expected to elevate steel wire production. This factor may propel industry growth in the region.

    Competitive Landscape

    Companies Announce Novel Products to Boost Brand Image

    The prominent companies operating in the market announce novel products to boost their brand image. For example, WireCo. announced TURBOLITE M, 8-strand steel ropes, in March 2019. The product targets the mining industry to strengthen the weight ratio while being lightweight compared to normal steel ropes. This launch may allow the company to attract consumers and elevate its brand image. Furthermore, manufacturers devise research and development, mergers, acquisitions, partnerships, and innovations to bolster their market position.

    Key Industry Development

    July 2022: JSL shall provide nearly 3,500 stainless steel wires to the Indian railway project for the Udhampur-Srinagar-Baramula Rail Link (USBRL) Tunnel Project.
    List of Key Players Profiled in the Market Report

    ArcelorMittal (Luxembourg)
    Bridon-Bekaert (Belgium)
    The Heico Companies (U.S.)
    Optimus Steel (U.S.)
    HBIS Group Co., Ltd. (China)
    Kobe Steel, Ltd. (Japan)
    WireCo WorldGroup Inc. (U.S.)
    JFE Steel Corporation (Japan)
    Nippon Steel (Japan)
    Insteel Industries (U.S.)
    SHAGANG GROUP Inc. (China)
    Byelorussian Steel Works (Belarus)
    Ferriere Nord S.p.a. (Italy)
    The global steel wire market size was valued at USD 91.33 billion in 2018 and is expected to reach USD 112.14 billion by 2026, exhibiting a CAGR of 2.7% during the forecast period. Increasing construction activities in the residential sector and rising government spending in emerging economies may foster market growth. Fortune Business Insights™ provides this information in its report titled “Steel Wire Market, 2019-2026.” Information Source- https://www.fortunebusinessinsights.com/steel-wire-market-102581 Segmentation Carbon Steel Segment to Dominate Owing to Rising Applications from the Construction Industry By grade, the market is segmented into carbon steel, stainless steel, and flat steel, alloy steel. The carbon steel segment is expected to dominate due to its rising applications in the construction sector. Further, technological advancements have enhanced the product’s quality, thereby facilitating segmental growth. Construction Segment to Dominate Owing to Increasing Commercial and Residential Projects As per the end-use industry, the market is classified into automotive, construction, energy, agriculture, and others. The construction segment is expected to dominate due to rising residential and commercial projects globally. Furthermore, rapid infrastructure development globally is expected to facilitate segmental growth. Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Rising Focus on Infrastructure Development to Foster Market Growth Steel wire is used to reinforce and strengthen building structures. A rising focus on infrastructure development in major countries is expected to foster the demand for the material. Furthermore, increasing residential and commercial projects by private and government firms are likely to escalate the material’s demand. Moreover, the rapid development of hospitals, offices, schools, and industries is expected to foster the wire’s sales. Also, the rising adoption of steel wire for the construction of dams, towers, and bridges is expected to foster its adoption. These factors may drive the steel wire market growth. However, the rising adoption of plastic ropes compared to their steel counterpart is expected to hamper the industry’s growth. Regional Insights Strong Demand for Construction Projects to Foster Market Growth in North America North America is expected to dominate the steel wire market share due to the robust demand for construction projects. The market in North America stood at USD 8.24 billion in 2018 and is expected to gain a huge portion of the global market share in the upcoming years. These factors may propel market growth in the region. In Europe, the presence of several significant manufacturing companies is expected to bolster steel wire demand. Further, the increasing adoption of the material for automobile applications is expected to boost industry growth. In Asia Pacific, the rising focus on infrastructure development by the governments of respective countries is expected to elevate steel wire production. This factor may propel industry growth in the region. Competitive Landscape Companies Announce Novel Products to Boost Brand Image The prominent companies operating in the market announce novel products to boost their brand image. For example, WireCo. announced TURBOLITE M, 8-strand steel ropes, in March 2019. The product targets the mining industry to strengthen the weight ratio while being lightweight compared to normal steel ropes. This launch may allow the company to attract consumers and elevate its brand image. Furthermore, manufacturers devise research and development, mergers, acquisitions, partnerships, and innovations to bolster their market position. Key Industry Development July 2022: JSL shall provide nearly 3,500 stainless steel wires to the Indian railway project for the Udhampur-Srinagar-Baramula Rail Link (USBRL) Tunnel Project. List of Key Players Profiled in the Market Report ArcelorMittal (Luxembourg) Bridon-Bekaert (Belgium) The Heico Companies (U.S.) Optimus Steel (U.S.) HBIS Group Co., Ltd. (China) Kobe Steel, Ltd. (Japan) WireCo WorldGroup Inc. (U.S.) JFE Steel Corporation (Japan) Nippon Steel (Japan) Insteel Industries (U.S.) SHAGANG GROUP Inc. (China) Byelorussian Steel Works (Belarus) Ferriere Nord S.p.a. (Italy)
    Steel Wire Market Size, Share | Growth Analysis Report [2029]
    The global steel wire market size is projected to grow from $65.17 billion in 2022 to $96.87 billion by 2029, at a 5.8% CAGR during the forecast period.
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