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  • Electronic Lab Notebook Market Development, Key Opportunities and Analysis of Key Players to 2029

    Electronic Lab Notebook Market is expected to reach US$ 2 Bn. by 2029, at a CAGR of 9.1% throughout the forecast period.

    Electronic Lab Notebook Market definition:

    The report provides an analysis of the market's present status and forecasts about its future performance. The thorough analysis of the Electronic Lab Notebook Market reveals the essential components to help you make better business decisions. The analysis provides a thorough overview of the Electronic Lab Notebook Market , highlighting prevalent trends. The main constraints, opportunities, and risks facing the market that is predicted to have an impact on its growth during the forecast period are being analyzed by MMR analysts (2022-2029).

    Request for Sample https://www.maximizemarketresearch.com/request-sample/92937

    Scope of the Electronic Lab Notebook Market :

    The latest report by Maximize Market Research on the Global Electronic Lab Notebook Market is conducted covering various organizations of the industry from different regions and countries to come up with a 200+ page report. The study is a perfect mixture of qualitative and quantitative information highlighting key Electronic Lab Notebook Market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trends in the Global Electronic Lab Notebook Market . The objective is to provide an analysis of significant market players and determine how they affect the broader Electronic Lab Notebook Market . The report aims to present the analysis of the Global Electronic Lab Notebook Market by Segmentation, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. Besides, the Electronic Lab Notebook Market report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.




    Electronic Lab Notebook Market Development, Key Opportunities and Analysis of Key Players to 2029 Electronic Lab Notebook Market is expected to reach US$ 2 Bn. by 2029, at a CAGR of 9.1% throughout the forecast period. Electronic Lab Notebook Market definition: The report provides an analysis of the market's present status and forecasts about its future performance. The thorough analysis of the Electronic Lab Notebook Market reveals the essential components to help you make better business decisions. The analysis provides a thorough overview of the Electronic Lab Notebook Market , highlighting prevalent trends. The main constraints, opportunities, and risks facing the market that is predicted to have an impact on its growth during the forecast period are being analyzed by MMR analysts (2022-2029). Request for Sample https://www.maximizemarketresearch.com/request-sample/92937 Scope of the Electronic Lab Notebook Market : The latest report by Maximize Market Research on the Global Electronic Lab Notebook Market is conducted covering various organizations of the industry from different regions and countries to come up with a 200+ page report. The study is a perfect mixture of qualitative and quantitative information highlighting key Electronic Lab Notebook Market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trends in the Global Electronic Lab Notebook Market . The objective is to provide an analysis of significant market players and determine how they affect the broader Electronic Lab Notebook Market . The report aims to present the analysis of the Global Electronic Lab Notebook Market by Segmentation, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. Besides, the Electronic Lab Notebook Market report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
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  • The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions.

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810

    One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution.

    To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting.

    Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products.

    In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery.

    The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market.

    The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings.

    In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions. Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810 One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution. To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting. Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products. In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery. The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market. The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings. In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Paints and Coatings Additives Market Size, Industry Share, Forecast, 2030
    The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.
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  • The global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is projected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. The escalation can be attributed to the rising product usage by paint manufacturers to inhibit the growth of pathogens.

    The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. This information is cited by Fortune Business Insights™ in its research report, titled “Antimicrobial Coatings Market, 2020-2027”.

    Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784

    Segments:

    Metallic Segment to Register Notable Surge Due to Growing Adoption of Silver Coatings

    On the basis of type, the market is segregated into metallic and non-metallic. Of these, the metallic segment is fragmented into copper, silver, and others. The silver sub-segment held a major share in the industry. The rise can be credited to the extensive usage of silver antimicrobial coatings due to their low toxicity. Based on region, the industry is segmented into North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific.
    The global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is projected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. The escalation can be attributed to the rising product usage by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. This information is cited by Fortune Business Insights™ in its research report, titled “Antimicrobial Coatings Market, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 Segments: Metallic Segment to Register Notable Surge Due to Growing Adoption of Silver Coatings On the basis of type, the market is segregated into metallic and non-metallic. Of these, the metallic segment is fragmented into copper, silver, and others. The silver sub-segment held a major share in the industry. The rise can be credited to the extensive usage of silver antimicrobial coatings due to their low toxicity. Based on region, the industry is segmented into North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Antimicrobial Coatings Market Size, Share & Forecast Report
    The global antimicrobial coatings market size was $3,690.0 million in 2019 & is projected to reach $8,650.7 Million by 2027, at a CAGR of 11.5%
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  • The global caustic soda market is set to gain momentum from its increasing usage as a water treatment chemical. It can absorb water and carbon dioxide and surge its pH level. This information is given by Fortune Business Insights™ in a new report, titled, “Caustic Soda Market Size, Share & COVID-19 Impact Analysis, By Application (Organics, Alumina, Soaps, Water Treatment, Food, Inorganics, Paper & Pulp, and Others), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 44,959.2 million in 2019 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/caustic-soda-market-104711

    What Does This Report Contain?

    This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides market dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size.

    Drivers & Restraints-

    Increasing Demand from Building & Construction Industry to Aid Growth

    The International Aluminum Institute declared that in 2019, the total alumina production was 131,910 thousand metric tons. Sodium hydroxide is considered to be a significant ingredient for alumina production. It is therefore mainly demanded by containers & packaging, transportation, and building & construction industries. Besides, the usage of hybrid cars is set to surge in the upcoming years because of their ability to enhance fuel economy. The metal can also reduce the weight of vehicles. These factors are set to propel the caustic soda market growth in the near future. However, caustic soda is highly corrosive which can cause severe damage to eyes. It may hinder growth.

    Segment-

    Organics Segment to Remain at the Forefront Stoked by Usage in Ceramics and Paints

    Based on the application, the organics segment generated the largest caustic soda market share in 2019. This growth is attributable to the increasing usage of this inorganic soda in the manufacturing of ceramics, glass, and paints. It is also used in the production of cosmetics and fuel cells.

    Regional Insights-

    Rising Government Subsidies to Favor Growth in Asia Pacific

    Geographically, Asia Pacific held USD 25,280.17 million in terms of revenue in 2019. The region would lead the market throughout the forthcoming years on account of the increasing consumer spending, interest rates, construction activities, and government subsidies. In 2019, Europe and North America procured more than 25% of the global market. In the U.S., prominent manufacturers have started inclining rapidly towards membrane technology from diaphragm or mercury cell process.

    Competitive Landscape-

    Key Players Focus on Acquisition Strategy to Gain a Competitive Edge

    The global market is fragmented with the presence of a large number of prominent companies operating domestically and internationally. Most of them are striving to gain a competitive edge by acquiring local firms. Some of the others are increasing prices of sodium hydroxide to fulfil the high demand. Below are the two latest industry developments:

    March 2020: Brenntag acquired the distribution business of Suffolk Solutions, Inc. It will help the former to enhance its position in the Eastern U.S. and strengthen its supply chain.
    February 2020: OxyChem surged the price of caustic soda to $40/dst. Economic slowdowns in Europe and China have resulted in tremendous pressure on the price of this chemical compound. It has also increased the demand from numerous sectors.
    A list of all the renowned caustic soda manufacturers operating in the global market:

    Olin Corporation (Clayton, Missouri, United States)
    Tata Chemicals Limited (India)
    Aditya Birla Chemicals (India) Limited (India)
    Gujarat Alkalies and Chemical Limited (India)
    Occidental Petroleum Corporation (OXY) (Houston, Texas, United States)
    Formosa Plastics Corporation (Taiwan)
    PPG Industries (Pittsburgh, Pennsylvania, United States)
    Xinjiang Zhongtai Chemical Co., Ltd. (China)
    Hanwha Chemical (South Korea)
    Brenntag North America, Inc. (North America)
    Other Key Players
    The global caustic soda market is set to gain momentum from its increasing usage as a water treatment chemical. It can absorb water and carbon dioxide and surge its pH level. This information is given by Fortune Business Insights™ in a new report, titled, “Caustic Soda Market Size, Share & COVID-19 Impact Analysis, By Application (Organics, Alumina, Soaps, Water Treatment, Food, Inorganics, Paper & Pulp, and Others), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 44,959.2 million in 2019 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/caustic-soda-market-104711 What Does This Report Contain? This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides market dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size. Drivers & Restraints- Increasing Demand from Building & Construction Industry to Aid Growth The International Aluminum Institute declared that in 2019, the total alumina production was 131,910 thousand metric tons. Sodium hydroxide is considered to be a significant ingredient for alumina production. It is therefore mainly demanded by containers & packaging, transportation, and building & construction industries. Besides, the usage of hybrid cars is set to surge in the upcoming years because of their ability to enhance fuel economy. The metal can also reduce the weight of vehicles. These factors are set to propel the caustic soda market growth in the near future. However, caustic soda is highly corrosive which can cause severe damage to eyes. It may hinder growth. Segment- Organics Segment to Remain at the Forefront Stoked by Usage in Ceramics and Paints Based on the application, the organics segment generated the largest caustic soda market share in 2019. This growth is attributable to the increasing usage of this inorganic soda in the manufacturing of ceramics, glass, and paints. It is also used in the production of cosmetics and fuel cells. Regional Insights- Rising Government Subsidies to Favor Growth in Asia Pacific Geographically, Asia Pacific held USD 25,280.17 million in terms of revenue in 2019. The region would lead the market throughout the forthcoming years on account of the increasing consumer spending, interest rates, construction activities, and government subsidies. In 2019, Europe and North America procured more than 25% of the global market. In the U.S., prominent manufacturers have started inclining rapidly towards membrane technology from diaphragm or mercury cell process. Competitive Landscape- Key Players Focus on Acquisition Strategy to Gain a Competitive Edge The global market is fragmented with the presence of a large number of prominent companies operating domestically and internationally. Most of them are striving to gain a competitive edge by acquiring local firms. Some of the others are increasing prices of sodium hydroxide to fulfil the high demand. Below are the two latest industry developments: March 2020: Brenntag acquired the distribution business of Suffolk Solutions, Inc. It will help the former to enhance its position in the Eastern U.S. and strengthen its supply chain. February 2020: OxyChem surged the price of caustic soda to $40/dst. Economic slowdowns in Europe and China have resulted in tremendous pressure on the price of this chemical compound. It has also increased the demand from numerous sectors. A list of all the renowned caustic soda manufacturers operating in the global market: Olin Corporation (Clayton, Missouri, United States) Tata Chemicals Limited (India) Aditya Birla Chemicals (India) Limited (India) Gujarat Alkalies and Chemical Limited (India) Occidental Petroleum Corporation (OXY) (Houston, Texas, United States) Formosa Plastics Corporation (Taiwan) PPG Industries (Pittsburgh, Pennsylvania, United States) Xinjiang Zhongtai Chemical Co., Ltd. (China) Hanwha Chemical (South Korea) Brenntag North America, Inc. (North America) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Caustic Soda Market Size, Growth & Analysis Report [2027]
    The global caustic soda market size was USD 44,959.2 million in 2019 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the 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.

    This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”.

    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.
    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. This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”. 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.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Precious Metals Market Size, Industry Analysis, Trends, 2028
    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 acetaldehyde market size was valued at USD 1.53 billion in 2021. The market is projected to grow from USD 1.58 billion in 2022 to USD 1.98 billion by 2029, exhibiting a CAGR of 3.3% during the forecast period.

    This information is presented by Fortune Business Insights, in its report titled, “Acetaldehyde Market, 2022-2029.”

    Information Source- https://www.fortunebusinessinsights.com/acetaldehyde-market-107120

    Segments:

    Surging Demand for Basic Dyes and Polymer Resins to Promote Market Augmentation

    As per application, the market is divided into chemical synthesis, food & beverages, pharmaceuticals & cosmetics, paints & coatings, and others. Chemical synthesis segment captured 52.9% of the market share in 2021 owing to rising demand for basic dyes and polymer resins in end-use industries. This will contribute to the rising demand for derivatives in the coming years.

    Regionally, the global market is fragmented into North America, Europe, Asia Pacific, and Rest of the World.

    Report Coverage:

    The report examines the market systematically and thoroughly by dividing it into segments and regions. Growth rate estimates, market share held, and revenue predictions for each segment and region are also given. A deep-dive analysis of leading companies in the domain and strategic moves undertaken by them to maximize sales and profits generated is given in the document. A comprehensive COVID-19 impacts section is included to inform investors about the after-effects of the pandemic on the market.

    Drivers and Restraints:

    Expanding Pharmaceutical and Chemical Industry to Generate Product Demand

    Acetaldehyde, also known as ethanal, is used as a raw material in the production of various pharmaceutical products and chemicals. It is widely used to manufacture pentaerythritol and peracetiac acid. These chemicals find a wide range of applications in chemicals and pharmaceuticals industries. The expansion of chemical and pharmaceutical industries will thus aid the global acetaldehyde market growth.

    On the other hand, increasing concerns regarding toxic effects of ethanal such as irritation, headaches, and dizziness have prompted governments to regulate the usage of such chemicals. This will act as a challenge for businesses operating in this domain.

    Regional Insights:

    Asia Pacific to Lead Backed by Surging Demand for Chemicals and Food & Beverages

    Asia Pacific captured the largest global acetaldehyde market share in 2021 owing to growth of leading consumer industries. The food & beverage and chemical industries have grown rapidly in recent years due to the availability of raw materials. This, in turn, will boost the demand for ethanal and contribute to market expansion.

    Meanwhile, Europe is slated to record significant expansion in the coming years due to surging product demand from cosmetics and pharmaceuticals industries. Surging demand for derivatives such as pyridine bases, pyridine, ethyl acetate, and acetic acid from pharmaceuticals & paints & coatings sectors will facilitate market escalation in this region.

    The Latin America market is propelled by easy availability of alternative raw materials such as bioethanol. Bioethanol is used in the production of acetaldehyde and is available in corn and sugarcane, which are grown in significant quantities in Mexico and Brazil.

    Competitive Landscape:

    Key Players Announce Acquisitions to Increase Net Sales

    Leading companies use several tactics to strengthen their foothold in the market. One such move is acquiring other prominent players in the domain to expand their reach, increase product sales, and improve brand value. Launching new products to meet consumer requirements is another essential strategy to generate massive revenues.

    Key Industry Development:

    July 2022: Sumitomo Chemical Co., Ltd. announced its decision to acquire Nativa through its subsidiary Agro Amazonia Produtos Agropecuários S.A. This move will expand its geographical footprint in Brazil and help the company in achieving growth in net sales.

    List of Key Players Mentioned in the Report:

    Solvay SA (Belgium)
    Eastman Chemical Company (U.S.)
    Jubilant Life Sciences (India)
    Sumitomo Chemical Co. Ltd. (Japan)
    Arkema (France)
    Honeywell International (U.S.)
    Laxmi Organic Industries Ltd. (India)
    SHOWA DENKO K.K. (Japan)
    Wacker Chemie AG (Germany)
    Celanese Corporation (U.S.)
    The global acetaldehyde market size was valued at USD 1.53 billion in 2021. The market is projected to grow from USD 1.58 billion in 2022 to USD 1.98 billion by 2029, exhibiting a CAGR of 3.3% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Acetaldehyde Market, 2022-2029.” Information Source- https://www.fortunebusinessinsights.com/acetaldehyde-market-107120 Segments: Surging Demand for Basic Dyes and Polymer Resins to Promote Market Augmentation As per application, the market is divided into chemical synthesis, food & beverages, pharmaceuticals & cosmetics, paints & coatings, and others. Chemical synthesis segment captured 52.9% of the market share in 2021 owing to rising demand for basic dyes and polymer resins in end-use industries. This will contribute to the rising demand for derivatives in the coming years. Regionally, the global market is fragmented into North America, Europe, Asia Pacific, and Rest of the World. Report Coverage: The report examines the market systematically and thoroughly by dividing it into segments and regions. Growth rate estimates, market share held, and revenue predictions for each segment and region are also given. A deep-dive analysis of leading companies in the domain and strategic moves undertaken by them to maximize sales and profits generated is given in the document. A comprehensive COVID-19 impacts section is included to inform investors about the after-effects of the pandemic on the market. Drivers and Restraints: Expanding Pharmaceutical and Chemical Industry to Generate Product Demand Acetaldehyde, also known as ethanal, is used as a raw material in the production of various pharmaceutical products and chemicals. It is widely used to manufacture pentaerythritol and peracetiac acid. These chemicals find a wide range of applications in chemicals and pharmaceuticals industries. The expansion of chemical and pharmaceutical industries will thus aid the global acetaldehyde market growth. On the other hand, increasing concerns regarding toxic effects of ethanal such as irritation, headaches, and dizziness have prompted governments to regulate the usage of such chemicals. This will act as a challenge for businesses operating in this domain. Regional Insights: Asia Pacific to Lead Backed by Surging Demand for Chemicals and Food & Beverages Asia Pacific captured the largest global acetaldehyde market share in 2021 owing to growth of leading consumer industries. The food & beverage and chemical industries have grown rapidly in recent years due to the availability of raw materials. This, in turn, will boost the demand for ethanal and contribute to market expansion. Meanwhile, Europe is slated to record significant expansion in the coming years due to surging product demand from cosmetics and pharmaceuticals industries. Surging demand for derivatives such as pyridine bases, pyridine, ethyl acetate, and acetic acid from pharmaceuticals & paints & coatings sectors will facilitate market escalation in this region. The Latin America market is propelled by easy availability of alternative raw materials such as bioethanol. Bioethanol is used in the production of acetaldehyde and is available in corn and sugarcane, which are grown in significant quantities in Mexico and Brazil. Competitive Landscape: Key Players Announce Acquisitions to Increase Net Sales Leading companies use several tactics to strengthen their foothold in the market. One such move is acquiring other prominent players in the domain to expand their reach, increase product sales, and improve brand value. Launching new products to meet consumer requirements is another essential strategy to generate massive revenues. Key Industry Development: July 2022: Sumitomo Chemical Co., Ltd. announced its decision to acquire Nativa through its subsidiary Agro Amazonia Produtos Agropecuários S.A. This move will expand its geographical footprint in Brazil and help the company in achieving growth in net sales. List of Key Players Mentioned in the Report: Solvay SA (Belgium) Eastman Chemical Company (U.S.) Jubilant Life Sciences (India) Sumitomo Chemical Co. Ltd. (Japan) Arkema (France) Honeywell International (U.S.) Laxmi Organic Industries Ltd. (India) SHOWA DENKO K.K. (Japan) Wacker Chemie AG (Germany) Celanese Corporation (U.S.)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Acetaldehyde Market Size, Share & Growth Report [2022-2029]
    The global acetaldehyde market is projected to grow from $1.58 billion in 2022 to $1.98 billion by 2029, at a CAGR of 3.3% in forecast period, 2022-2029
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  • The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028."



    IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698

    Segmentation-

    Growing Demand for Bedding ProductsSpurs PolyurethaneSegment

    On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses.

    Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment

    In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier.

    Report Coverage

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

    Drivers and Restraints

    Increasing Stress Level among the Students and Working Classto Stimulate Product Demand

    The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth.

    Regional Insights

    Growing Awareness about Energy Security Nurtures Growth in North America

    Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging.

    Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design.

    The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand.

    Competitive Landscape

    Partnerships among Renowned Companies to Grow Its Client Base

    Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions.

    Industry Developments:

    March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base.

    List of the Companies Profiled in the Polymer Foam Market:

    Synthos (Poland)
    Sekisui Alveo (Switzerland)
    KANEKA CORPORATION (Japan)
    Toray (Japan)
    BASF SE (Germany)
    Sealed Air (U.S.)
    Arkema (France)
    Armacell International S.A. (Germany)
    The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to touch USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028." IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698 Segmentation- Growing Demand for Bedding ProductsSpurs PolyurethaneSegment On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses. Rise in Residential Constructional Activities Surge demand in Building & ConstructionSegment In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier. Report Coverage The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth. Drivers and Restraints Increasing Stress Level among the Students and Working Classto Stimulate Product Demand The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth. Regional Insights Growing Awareness about Energy Security Nurtures Growth in North America Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging. Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design. The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand. Competitive Landscape Partnerships among Renowned Companies to Grow Its Client Base Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions. Industry Developments: March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base. List of the Companies Profiled in the Polymer Foam Market: Synthos (Poland) Sekisui Alveo (Switzerland) KANEKA CORPORATION (Japan) Toray (Japan) BASF SE (Germany) Sealed Air (U.S.) Arkema (France) Armacell International S.A. (Germany)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Polymer Foam Market Size | Global Industry Forecast [2020-2027]
    The global polymer foam market size was $114.88 billion in 2019 & it is projected to reach $157.63 billion by 2027, exhibiting a CAGR of 7.73% in forecast period
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  • The global internet of packaging market size was valued at USD 18.50 billion in 2022. The market is projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. Internet of packaging, also known as intelligent packaging, is a method used to trace, interact, monitor, and manage the safety and quality of products. Reducing human errors, eliminating costs, maintaining quality, and preventing diseases due to rotten food are the major factors for which this packaging method was specifically designed and used. Fortune Business Insights presents this information in their report titled “Global Internet of Packaging Market, 2023-2030.”

    Information Source- https://www.fortunebusinessinsights.com/internet-of-packaging-market-107258

    Segments:

    Boxes & Cartons is the Dominating Segment Due to its High Utilization in Product Packaging

    Based on packaging type, the market is divided into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. The boxes & cartons segment dominates the market. These are mostly preferred for packaging a variety of products. Various functions offered such as tracing, recording, easy sensing, and providing vital information on the product’s current state make it a preferred option for consumers.

    Barcode and QR Code Segment Dominates the Market

    Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators. Barcode & QR code segment is growing steadily. QR codes for smart packaging provide convenience for consumers while interacting with their brand of choice

    Growing Consumer Needs to Result in Significant Growth of the Food & Beverages Segment

    Based on end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others. Increasing demand from consumers for high-quality and safe food products rises the requirement for the internet of packaging.

    Report Coverage:

    The report offers:

    Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
    Comprehensive insights into the regional developments.
    List of major industry players.
    Key strategies adopted by the market players.
    The latest industry developments include product launches, partnerships, mergers, and acquisitions.
    Drivers & Restraints:

    Increasing Investments in R&D Packaging to Boost Market Growth

    The products' various functions such as recording, detecting, applying scientific logic, and tracking real-time data, provide significant consumer marketing solutions. Growing investment in research and development for advanced packaging will expand the global internet of packaging market share. Increasing demand for multi-specialty wrapping which can retain the freshness and quality of the product along with maintaining its nutritional and health value to drive market growth. Consumer preference shifting toward comfort food is anticipated to push the internet of the packaging market forward during the forecast period.

    However, the high cost of hardware, software, and training expenditures for the internet of packaging is likely to hamper the market growth.

    Regional Insights

    Asia Pacific to See Substantial Growth due to Changing Lifestyles

    Asia Pacific is anticipated to witness significant internet of packaging market growth during the forecast period. The growth can be attributed to increasing demand for frozen and packaged products and changing lifestyles. The product's feature of improved product traceability is preferred by consumers. Latin America is to experience steady growth due to changing behavior in product purchasing, lifestyle, and rising demand for connected packaging solutions.

    Competitive Landscape

    Major Players to Maintain Dominance by Launching Advanced Product

    The global market is fiercely competitive. A small number of major corporations control huge market shares by offering enhanced packaging. These corporations are focused on enhancing their products to meet the requirements of consumers and grow their consumer base throughout the globe.

    Key Industry Development:

    April 2021: Stora Enso announced the expansion of the sustainable ECO RFID product family with a tag collection. The ECO RFID collection is specifically designed for food & beverage items for item-level tagging and tracking of ready-made meals. It is gaining popularity as the first paper tag in the world for microwave-safe use, ECO meal.

    List of Key Players Profiled in the Report:

    Wiliot (Israel)
    Tetra Pak (Switzerland)
    Scanbuy Inc. (U.S.)
    Kezzler (Norway)
    Identiv Inc. (U.S.)
    Tapwow (U.S.)
    Sepio Products (India)
    CuePath Innovation Designs (Canada)
    Insignia Technologies (U.K.)
    RePack (Finland)
    ImpaX.io (Israel)
    Qtrust (U.K.)
    Iungo (Brazil)
    The global internet of packaging market size was valued at USD 18.50 billion in 2022. The market is projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. Internet of packaging, also known as intelligent packaging, is a method used to trace, interact, monitor, and manage the safety and quality of products. Reducing human errors, eliminating costs, maintaining quality, and preventing diseases due to rotten food are the major factors for which this packaging method was specifically designed and used. Fortune Business Insights presents this information in their report titled “Global Internet of Packaging Market, 2023-2030.” Information Source- https://www.fortunebusinessinsights.com/internet-of-packaging-market-107258 Segments: Boxes & Cartons is the Dominating Segment Due to its High Utilization in Product Packaging Based on packaging type, the market is divided into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. The boxes & cartons segment dominates the market. These are mostly preferred for packaging a variety of products. Various functions offered such as tracing, recording, easy sensing, and providing vital information on the product’s current state make it a preferred option for consumers. Barcode and QR Code Segment Dominates the Market Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators. Barcode & QR code segment is growing steadily. QR codes for smart packaging provide convenience for consumers while interacting with their brand of choice Growing Consumer Needs to Result in Significant Growth of the Food & Beverages Segment Based on end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others. Increasing demand from consumers for high-quality and safe food products rises the requirement for the internet of packaging. Report Coverage: The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into the regional developments. List of major industry players. Key strategies adopted by the market players. The latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints: Increasing Investments in R&D Packaging to Boost Market Growth The products' various functions such as recording, detecting, applying scientific logic, and tracking real-time data, provide significant consumer marketing solutions. Growing investment in research and development for advanced packaging will expand the global internet of packaging market share. Increasing demand for multi-specialty wrapping which can retain the freshness and quality of the product along with maintaining its nutritional and health value to drive market growth. Consumer preference shifting toward comfort food is anticipated to push the internet of the packaging market forward during the forecast period. However, the high cost of hardware, software, and training expenditures for the internet of packaging is likely to hamper the market growth. Regional Insights Asia Pacific to See Substantial Growth due to Changing Lifestyles Asia Pacific is anticipated to witness significant internet of packaging market growth during the forecast period. The growth can be attributed to increasing demand for frozen and packaged products and changing lifestyles. The product's feature of improved product traceability is preferred by consumers. Latin America is to experience steady growth due to changing behavior in product purchasing, lifestyle, and rising demand for connected packaging solutions. Competitive Landscape Major Players to Maintain Dominance by Launching Advanced Product The global market is fiercely competitive. A small number of major corporations control huge market shares by offering enhanced packaging. These corporations are focused on enhancing their products to meet the requirements of consumers and grow their consumer base throughout the globe. Key Industry Development: April 2021: Stora Enso announced the expansion of the sustainable ECO RFID product family with a tag collection. The ECO RFID collection is specifically designed for food & beverage items for item-level tagging and tracking of ready-made meals. It is gaining popularity as the first paper tag in the world for microwave-safe use, ECO meal. List of Key Players Profiled in the Report: Wiliot (Israel) Tetra Pak (Switzerland) Scanbuy Inc. (U.S.) Kezzler (Norway) Identiv Inc. (U.S.) Tapwow (U.S.) Sepio Products (India) CuePath Innovation Designs (Canada) Insignia Technologies (U.K.) RePack (Finland) ImpaX.io (Israel) Qtrust (U.K.) Iungo (Brazil)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Internet of Packaging Market Size, Share & Trends [2023-2030]
    The global internet of packaging market size is projected to grow from $19.34 billion in 2023 to $27.76 billion by 2030, at a CAGR of 5.3% during the forecast.
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  • Cargo handled is likely to increase to 2.4-2.5 million tonnes in 2023 even as passenger/belly capacity comes back

    #China #US #Aerologic #LufthansaCargo #DHL #Cathay #Turkish #IndiaAirCargoOutlook2023 #TradeAndTransportGroup #IndiGo #Quikjet #PradhaanAirExpress #AmazonAir #QatarAirways #Emirates #AirIndia #AirIndiaExpress #CathayPacific #FredericHorst #aircargo
    Cargo handled is likely to increase to 2.4-2.5 million tonnes in 2023 even as passenger/belly capacity comes back #China #US #Aerologic #LufthansaCargo #DHL #Cathay #Turkish #IndiaAirCargoOutlook2023 #TradeAndTransportGroup #IndiGo #Quikjet #PradhaanAirExpress #AmazonAir #QatarAirways #Emirates #AirIndia #AirIndiaExpress #CathayPacific #FredericHorst #aircargo
    WWW.STATTIMES.COM
    Indian cargo market touches 2.2mn tonnes: Trade And Transport Group
    Cargo handled is likely to increase to 2.4-2.5 million tonnes in 2023 even as passenger/belly capacity comes back
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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)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Precious Metals Market Size, Share | Global Forecast, 2028
    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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