• In today’s fast-paced #world, the transportation industry is more crucial than ever, ensuring the smooth movement of #goods and #services. The demand for #taxi, #tow, and #truck services is rising due to #urbanization, #ridesharing, #ecommerce, #emergencies, #economicgrowth, specialized services, and #environmental issues.

    These #businesses are essential components of modern #transportation and logistics, catering to the evolving needs of consumers and #industries alike. The need for efficient management and optimization is universal, from #logistics companies managing global supply chains to local delivery services, termed dispatch software.

    To #Read #blog: https://www.spotnrides.com/blog/how-to-transform-your-transportation-business-with-dispatch-software/

    #DispatchSoftware #TaxiBookingSoftware #taxidispatchsoftware #taxidispatchsystem #towtruckdispatchsoftware #towingdispatchsoftware #towingsoftware #transportationdispatchsoftware #truckdispatch #software
    In today’s fast-paced #world, the transportation industry is more crucial than ever, ensuring the smooth movement of #goods and #services. The demand for #taxi, #tow, and #truck services is rising due to #urbanization, #ridesharing, #ecommerce, #emergencies, #economicgrowth, specialized services, and #environmental issues. These #businesses are essential components of modern #transportation and logistics, catering to the evolving needs of consumers and #industries alike. The need for efficient management and optimization is universal, from #logistics companies managing global supply chains to local delivery services, termed dispatch software. To #Read #blog: https://www.spotnrides.com/blog/how-to-transform-your-transportation-business-with-dispatch-software/ #DispatchSoftware #TaxiBookingSoftware #taxidispatchsoftware #taxidispatchsystem #towtruckdispatchsoftware #towingdispatchsoftware #towingsoftware #transportationdispatchsoftware #truckdispatch #software
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    How to Transform Your Transportation Business with Dispatch Software? - SpotnRides
    How to Transform Your Transportation Business with Dispatch Software?
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  • Overview Of Return On Investment Rates On Indonesia Property In 2023

    Over the past few years, Indonesia has significantly improved its structural guidelines and macroeconomics. Indonesia’s economy is consistently growing and as a result, Indonesia is able to concentrate on its development strategies and processes.

    There is a constant rise in property values and demand due to high levels of urbanization and rapid expansion of population in Indonesia. This has made the real estate market of Indonesia one of the most dynamic markets in the region.

    #propertymanagementindonesia,
    #realestateservicesIndonesia,
    #PropertyinvestmentIndonesia,
    #sellpropertyinIndonesia,
    #buypropertyindonesia
    #PropertyManagementcompany
    #PropertyManagementServices

    https://mmwproperty.co.id/overview-of-return-on-investment-rates-on-indonesia-property-in-2023/
    Overview Of Return On Investment Rates On Indonesia Property In 2023 Over the past few years, Indonesia has significantly improved its structural guidelines and macroeconomics. Indonesia’s economy is consistently growing and as a result, Indonesia is able to concentrate on its development strategies and processes. There is a constant rise in property values and demand due to high levels of urbanization and rapid expansion of population in Indonesia. This has made the real estate market of Indonesia one of the most dynamic markets in the region. #propertymanagementindonesia, #realestateservicesIndonesia, #PropertyinvestmentIndonesia, #sellpropertyinIndonesia, #buypropertyindonesia #PropertyManagementcompany #PropertyManagementServices https://mmwproperty.co.id/overview-of-return-on-investment-rates-on-indonesia-property-in-2023/
    MMWPROPERTY.CO.ID
    Overview of Return on Investment Rates On Indonesia Property In 2023
    There are many property investment opportunities in Indonesia for you to create another successful and profitable source of income.
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  • Neon Signs: A Journey Through Time and Trends

    Neon Lights and Planet Neon (https://www.planetneon.co.uk/) have taken a remarkable journey through the decades, evolving from their early beginnings to becoming iconic symbols of various eras. Their designs and significance have shifted in response to changing cultural, technological, and artistic trends. In this article, we'll take a journey through the history of neon signs, exploring the trends that have shaped their evolution.

    The Roaring 1920s:
    Neon signs made their debut in the 1920s, a time of great social and cultural change. The bold and vibrant designs of these signs captured the spirit of the era's exuberance. The use of neon lights on storefronts, theaters, and diners conveyed a sense of modernity and prosperity, mirroring the rapid urbanization and consumerism of the time.

    Art Deco Influence:
    The Art Deco movement of the 1920s and 1930s played a significant role in shaping the aesthetic of neon signs. Many signs incorporated geometric shapes, stylized lettering, and streamlined designs characteristic of the Art Deco style. These signs exuded elegance and sophistication, reflecting the desire for innovative design in both architecture and signage.
    Neon Signs: A Journey Through Time and Trends Neon Lights and Planet Neon (https://www.planetneon.co.uk/) have taken a remarkable journey through the decades, evolving from their early beginnings to becoming iconic symbols of various eras. Their designs and significance have shifted in response to changing cultural, technological, and artistic trends. In this article, we'll take a journey through the history of neon signs, exploring the trends that have shaped their evolution. The Roaring 1920s: Neon signs made their debut in the 1920s, a time of great social and cultural change. The bold and vibrant designs of these signs captured the spirit of the era's exuberance. The use of neon lights on storefronts, theaters, and diners conveyed a sense of modernity and prosperity, mirroring the rapid urbanization and consumerism of the time. Art Deco Influence: The Art Deco movement of the 1920s and 1930s played a significant role in shaping the aesthetic of neon signs. Many signs incorporated geometric shapes, stylized lettering, and streamlined designs characteristic of the Art Deco style. These signs exuded elegance and sophistication, reflecting the desire for innovative design in both architecture and signage.
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  • Mortar Market Overview, Revenue, Size, Sales volume and Cost

    Mortar Market
    The Global Dry-mix Mortar Additives Market is forecasted to grow significantly, with a projected value of USD 25.66 billion in 2023 and is forecast to grow at a CAGR of 7.41%, to reach a staggering USD 42.52 billion by 2030.
    Get Free Sample Report @ http://www.vertexbusinessinsights.com/request-sample/57/mortar-market
    KEY INDUSTRY INSIGHTS
    Techincial mortar is a material used in construction and building infrastructure to bridge the gaps between the bricks and blocks used during construction. Mortar is a combination of clay, a binding agent such as cement or lime, and water and is applied as a paste that is then hard-set. Specific mortar approaches for large construction contracts, social housing renovations, and highway programs.Technical Mortar is used to fasten masonry bricks and used in construction industry. Thus economies coupled with rapid urbanization industrialization has compelled to boost growth in the industry involved to meet the growing demand for construction industry which in turn drives the market. However, various government regulations imposed on the preperation of technical mortar is restrraining the market.
    MARKET SEGMENTATION:
    Based on type, the market for technical mortar is segmented into rapid set cement, premix sand cement, others. On the basis of application, the market is cassified into construction industry, home decoration industry, others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
    Dry Mix Mortar Market Analysis
    The Dry Mix Mortar Market size is expected to grow from USD 97.31 million in 2023 to USD 129.12 million by 2028, at a CAGR of 5.82% during the forecast period (2023-2028).
    The COVID-19 pandemic negatively impacted the market in 2020. However, the construction sector is picking up pace in the post-pandemic scenario. Thus, this will enhance the market demand for dry mix mortar over the coming years.
    • Over the medium term, increasing construction activities in the United States and Asia-Pacific are expected to drive the market's growth.
    • Simplified mix and apply operation is also a blooming opportunity for the dry mix mortar market.
    • The emerging trend of green building certifications will likely act as an opportunity.
    • Asia-Pacific dominated the market studied, with the most significant consumption from countries like China, India, and Japan.
    Dry Mix Mortar Industry Segmentation
    Dry mix mortar is produced by mixing various raw materials, including sand, limestone powder, binders like cement, hydrated lime, white cement, and gypsum, and additives like methylcellulose, synthetic resin, hydrophobic agent, and others.
    The dry mix mortar market is segmented by end-user industry, application, and geography. By end-user industry, the market is segmented into residential and non-residential. By application, the market is segmented into plaster, render, tile adhesive, grout, waterproofing slurry, concrete protection and renovation, insulation and finishing systems, and other end-user industries. The report also covers the size and forecasts for the market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on volume (kiloton).


    Main Report Link @ http://www.vertexbusinessinsights.com/main_report/57/mortar-market

    Contact Us
    [email protected]
    Phone: +1 210-775-2636 (USA)
    Address: 1321 Upland Dr. PMB 20205, Houston, Texas, 77043, US
    Mortar Market Overview, Revenue, Size, Sales volume and Cost Mortar Market The Global Dry-mix Mortar Additives Market is forecasted to grow significantly, with a projected value of USD 25.66 billion in 2023 and is forecast to grow at a CAGR of 7.41%, to reach a staggering USD 42.52 billion by 2030. Get Free Sample Report @ http://www.vertexbusinessinsights.com/request-sample/57/mortar-market KEY INDUSTRY INSIGHTS Techincial mortar is a material used in construction and building infrastructure to bridge the gaps between the bricks and blocks used during construction. Mortar is a combination of clay, a binding agent such as cement or lime, and water and is applied as a paste that is then hard-set. Specific mortar approaches for large construction contracts, social housing renovations, and highway programs.Technical Mortar is used to fasten masonry bricks and used in construction industry. Thus economies coupled with rapid urbanization industrialization has compelled to boost growth in the industry involved to meet the growing demand for construction industry which in turn drives the market. However, various government regulations imposed on the preperation of technical mortar is restrraining the market. MARKET SEGMENTATION: Based on type, the market for technical mortar is segmented into rapid set cement, premix sand cement, others. On the basis of application, the market is cassified into construction industry, home decoration industry, others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Dry Mix Mortar Market Analysis The Dry Mix Mortar Market size is expected to grow from USD 97.31 million in 2023 to USD 129.12 million by 2028, at a CAGR of 5.82% during the forecast period (2023-2028). The COVID-19 pandemic negatively impacted the market in 2020. However, the construction sector is picking up pace in the post-pandemic scenario. Thus, this will enhance the market demand for dry mix mortar over the coming years. • Over the medium term, increasing construction activities in the United States and Asia-Pacific are expected to drive the market's growth. • Simplified mix and apply operation is also a blooming opportunity for the dry mix mortar market. • The emerging trend of green building certifications will likely act as an opportunity. • Asia-Pacific dominated the market studied, with the most significant consumption from countries like China, India, and Japan. Dry Mix Mortar Industry Segmentation Dry mix mortar is produced by mixing various raw materials, including sand, limestone powder, binders like cement, hydrated lime, white cement, and gypsum, and additives like methylcellulose, synthetic resin, hydrophobic agent, and others. The dry mix mortar market is segmented by end-user industry, application, and geography. By end-user industry, the market is segmented into residential and non-residential. By application, the market is segmented into plaster, render, tile adhesive, grout, waterproofing slurry, concrete protection and renovation, insulation and finishing systems, and other end-user industries. The report also covers the size and forecasts for the market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on volume (kiloton). Main Report Link @ http://www.vertexbusinessinsights.com/main_report/57/mortar-market Contact Us [email protected] Phone: +1 210-775-2636 (USA) Address: 1321 Upland Dr. PMB 20205, Houston, Texas, 77043, US
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  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly.

    The market report includes:

    All-encompassing report of the market
    Critical insights into the market
    Dominant regions in the world
    Market drivers and restraints
    Competitive landscape
    COVID-19 impact
    Market Driver:

    Evolving Consumer Lifestyle to Influence Massive Growth

    The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel the market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting the market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

    COVID-19 Impact:

    Varied Effect of COVID-19 on the Beverage Cans Market

    The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and high consumption beverages during lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid global pandemic.

    Regional Analysis:

    Inclination towards Healthy Beverages to Boost Market in North America

    North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled the manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of circular economy will further fuel demand for these cans in the forthcoming years.

    Key Development:

    July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

    The Report Lists the Key Companies in the Market:

    Ball Corporation (U.S.)
    Orora Packaging Australia Pty Ltd (Australia)
    Crown Holdings, Inc. (U.S.)
    Ardagh Group S.A. (Ireland)
    CANPACK S.A. (Poland)
    GZ Industries Ltd. (Nigeria)
    CPMC Holdings Ltd. (China)
    MSCANCO (Saudi Arabia)
    Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
    Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
    Universal Can Corporation (U.S.)
    Techpack Solutions (China)
    Baosteel Metal Co., Ltd. (China)
    Asia Packaging Industries (Vietnam)
    Silgan Holdings (U.S.)
    Other Key Players
    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel the market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting the market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and high consumption beverages during lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled the manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Beverage Cans Market Size & Growth | Global Report [2027]
    The global beverage cans market size was USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
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  • The exterior wall systems market size is projected to reach USD 364.61 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Increasing urbanization worldwide will be one of the most prominent factors fueling the growth of this market, The UN World Urbanization Prospects 2018 estimates that nearly 70% of the global population will be housed in urban areas by 2050. According to the UN, India, China, and Nigeria will be the global urban hotspots, adding 416 million, 255 million, and 189 million urban dwellers, respectively, in the next three decades. Urban areas typically comprise a large of residential and commercial infrastructures that require efficient and effective external protection from inclement weather, natural disasters, and pollution. Exterior wall systems provide this protection to buildings owing to their properties of thermal insulation and the ability to prevent excessive water penetration that can weaken structural integrity. Thus, rapid growth in urban spaces around the globe will create excellent opportunities for players in this market.

    Information Source - https://www.fortunebusinessinsights.com/exterior-wall-systems-market-104394

    The report states that the global market value was at USD 213.45 billion in 2019 and offers the following:

    Detailed evaluation of the market trends, drivers, and restraints;
    Granular examination of the different market segments;
    Careful study of the regional and competitive developments influencing the market growth; and
    Panoramic overview of the overall industry outlook and prospects.
    Restraining Factor

    Subdued Construction Activities amid COVID-19 to Restrict Market Growth

    The exterior wall systems market growth is expected to get hit in 2020 as the COVID-19 pandemic has caused a severe downturn in construction activities worldwide. In August 2020, the London-based Royal Institution of Chartered Surveyors (RICS) reported that only 20% of the halted construction projects around the globe are likely to restart in the post-pandemic period. Furthermore, with a quarter of the construction projects on pause and on-site productivity falling by 12%, the RICS predicts that the financial repercussions of these developments will have to be borne by the construction industry over the next twelve months. The demand for exterior wall systems will inevitably be in the face of such dire circumstances as these products are heavily dependent on the construction industry, especially in emerging economies such as India and China. Moreover, falling demand and the economic fallout of the pandemic have delayed investments in new construction technologies, which will create hindrances for this market.

    Regional Insights

    Infrastructural Development Enables Rapid Market Expansion in Asia Pacific

    With a market size of USD 86.45 billion, Asia Pacific commanded the exterior wall systems market share in 2019 and is expected to continue its exceptional performance during the forecast period. This expectation from the region is based on the massive investments by governments in India and China to support infrastructural development. More specifically, these countries are aggressively implementing policies and adopting advanced technologies to build sustainable critical infrastructures such as airports and railways, which is likely to spike the demand for exterior wall systems in the region.

    In Europe, favorable policies of the European Union (EU) supporting the construction of energy-efficient buildings in the continent are accelerating market growth in the region. In North America, speedy uptake of highly sophisticated construction technologies and materials will propel regional market growth.

    Competitive Landscape

    Development of Sustainable Insulation Solutions by Key Players to Augment Market Potential

    Key players in this market are concentrating their resources and technologies towards developing next-gen, sustainable exterior and interior insulation solutions for the construction industry. To further enhance their R&D capacity, companies are also forging alliances with other players as well as engaging in acquisition activities.

    Industry Development:

    September 2020: Saint-Gobain announced the takeover of the Dutch external insulation specialist, Strikolith. The acquisition will allow Saint-Gobain to expand its offerings in External Thermal Insulation Composite Systems and construction chemicals in the Netherlands.
    List of Key Companies Profiled in the Exterior Wall Systems Market Report:

    Dow (U.S.)
    USG Boral (Australia)
    Evonik Industries AG (Germany)
    Etex Group (Belgium)
    3A Composite Holding AG (Switzerland)
    Saint-Gobain (France)
    Sika AG (Switzerland)
    DuPont (U.S.)
    LafargeHolcim (Switzerland)
    Owens Corning (U.S.)
    SCG (Thailand)
    PPG Industries, Inc. (U.S.)
    AGC Inc. (Japan)
    Nippon Sheet Glass Co., Ltd (Japan)
    The exterior wall systems market size is projected to reach USD 364.61 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Increasing urbanization worldwide will be one of the most prominent factors fueling the growth of this market, The UN World Urbanization Prospects 2018 estimates that nearly 70% of the global population will be housed in urban areas by 2050. According to the UN, India, China, and Nigeria will be the global urban hotspots, adding 416 million, 255 million, and 189 million urban dwellers, respectively, in the next three decades. Urban areas typically comprise a large of residential and commercial infrastructures that require efficient and effective external protection from inclement weather, natural disasters, and pollution. Exterior wall systems provide this protection to buildings owing to their properties of thermal insulation and the ability to prevent excessive water penetration that can weaken structural integrity. Thus, rapid growth in urban spaces around the globe will create excellent opportunities for players in this market. Information Source - https://www.fortunebusinessinsights.com/exterior-wall-systems-market-104394 The report states that the global market value was at USD 213.45 billion in 2019 and offers the following: Detailed evaluation of the market trends, drivers, and restraints; Granular examination of the different market segments; Careful study of the regional and competitive developments influencing the market growth; and Panoramic overview of the overall industry outlook and prospects. Restraining Factor Subdued Construction Activities amid COVID-19 to Restrict Market Growth The exterior wall systems market growth is expected to get hit in 2020 as the COVID-19 pandemic has caused a severe downturn in construction activities worldwide. In August 2020, the London-based Royal Institution of Chartered Surveyors (RICS) reported that only 20% of the halted construction projects around the globe are likely to restart in the post-pandemic period. Furthermore, with a quarter of the construction projects on pause and on-site productivity falling by 12%, the RICS predicts that the financial repercussions of these developments will have to be borne by the construction industry over the next twelve months. The demand for exterior wall systems will inevitably be in the face of such dire circumstances as these products are heavily dependent on the construction industry, especially in emerging economies such as India and China. Moreover, falling demand and the economic fallout of the pandemic have delayed investments in new construction technologies, which will create hindrances for this market. Regional Insights Infrastructural Development Enables Rapid Market Expansion in Asia Pacific With a market size of USD 86.45 billion, Asia Pacific commanded the exterior wall systems market share in 2019 and is expected to continue its exceptional performance during the forecast period. This expectation from the region is based on the massive investments by governments in India and China to support infrastructural development. More specifically, these countries are aggressively implementing policies and adopting advanced technologies to build sustainable critical infrastructures such as airports and railways, which is likely to spike the demand for exterior wall systems in the region. In Europe, favorable policies of the European Union (EU) supporting the construction of energy-efficient buildings in the continent are accelerating market growth in the region. In North America, speedy uptake of highly sophisticated construction technologies and materials will propel regional market growth. Competitive Landscape Development of Sustainable Insulation Solutions by Key Players to Augment Market Potential Key players in this market are concentrating their resources and technologies towards developing next-gen, sustainable exterior and interior insulation solutions for the construction industry. To further enhance their R&D capacity, companies are also forging alliances with other players as well as engaging in acquisition activities. Industry Development: September 2020: Saint-Gobain announced the takeover of the Dutch external insulation specialist, Strikolith. The acquisition will allow Saint-Gobain to expand its offerings in External Thermal Insulation Composite Systems and construction chemicals in the Netherlands. List of Key Companies Profiled in the Exterior Wall Systems Market Report: Dow (U.S.) USG Boral (Australia) Evonik Industries AG (Germany) Etex Group (Belgium) 3A Composite Holding AG (Switzerland) Saint-Gobain (France) Sika AG (Switzerland) DuPont (U.S.) LafargeHolcim (Switzerland) Owens Corning (U.S.) SCG (Thailand) PPG Industries, Inc. (U.S.) AGC Inc. (Japan) Nippon Sheet Glass Co., Ltd (Japan)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Exterior Wall Systems Market Growth, Industry Forecast, 2029
    The global exterior wall systems market is projected to grow from $223.67 billion in 2022 to $370.82 billion by 2029, at a CAGR of 7.5% in forecast period
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  • The exterior wall systems market size is projected to reach USD 364.61 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Increasing urbanization worldwide will be one of the most prominent factors fueling the growth of this market, The UN World Urbanization Prospects 2018 estimates that nearly 70% of the global population will be housed in urban areas by 2050. According to the UN, India, China, and Nigeria will be the global urban hotspots, adding 416 million, 255 million, and 189 million urban dwellers, respectively, in the next three decades. Urban areas typically comprise a large of residential and commercial infrastructures that require efficient and effective external protection from inclement weather, natural disasters, and pollution. Exterior wall systems provide this protection to buildings owing to their properties of thermal insulation and the ability to prevent excessive water penetration that can weaken structural integrity. Thus, rapid growth in urban spaces around the globe will create excellent opportunities for players in this market.

    Information Source - https://www.fortunebusinessinsights.com/exterior-wall-systems-market-104394

    The report states that the global market value was at USD 213.45 billion in 2019 and offers the following:

    Detailed evaluation of the market trends, drivers, and restraints;
    Granular examination of the different market segments;
    Careful study of the regional and competitive developments influencing the market growth; and
    Panoramic overview of the overall industry outlook and prospects.
    Restraining Factor

    Subdued Construction Activities amid COVID-19 to Restrict Market Growth

    The exterior wall systems market growth is expected to get hit in 2020 as the COVID-19 pandemic has caused a severe downturn in construction activities worldwide. In August 2020, the London-based Royal Institution of Chartered Surveyors (RICS) reported that only 20% of the halted construction projects around the globe are likely to restart in the post-pandemic period. Furthermore, with a quarter of the construction projects on pause and on-site productivity falling by 12%, the RICS predicts that the financial repercussions of these developments will have to be borne by the construction industry over the next twelve months. The demand for exterior wall systems will inevitably be in the face of such dire circumstances as these products are heavily dependent on the construction industry, especially in emerging economies such as India and China. Moreover, falling demand and the economic fallout of the pandemic have delayed investments in new construction technologies, which will create hindrances for this market.

    Regional Insights

    Infrastructural Development Enables Rapid Market Expansion in Asia Pacific

    With a market size of USD 86.45 billion, Asia Pacific commanded the exterior wall systems market share in 2019 and is expected to continue its exceptional performance during the forecast period. This expectation from the region is based on the massive investments by governments in India and China to support infrastructural development. More specifically, these countries are aggressively implementing policies and adopting advanced technologies to build sustainable critical infrastructures such as airports and railways, which is likely to spike the demand for exterior wall systems in the region.

    In Europe, favorable policies of the European Union (EU) supporting the construction of energy-efficient buildings in the continent are accelerating market growth in the region. In North America, speedy uptake of highly sophisticated construction technologies and materials will propel regional market growth.

    Competitive Landscape

    Development of Sustainable Insulation Solutions by Key Players to Augment Market Potential

    Key players in this market are concentrating their resources and technologies towards developing next-gen, sustainable exterior and interior insulation solutions for the construction industry. To further enhance their R&D capacity, companies are also forging alliances with other players as well as engaging in acquisition activities.

    Industry Development:

    September 2020: Saint-Gobain announced the takeover of the Dutch external insulation specialist, Strikolith. The acquisition will allow Saint-Gobain to expand its offerings in External Thermal Insulation Composite Systems and construction chemicals in the Netherlands.
    List of Key Companies Profiled in the Exterior Wall Systems Market Report:

    Dow (U.S.)
    USG Boral (Australia)
    Evonik Industries AG (Germany)
    Etex Group (Belgium)
    3A Composite Holding AG (Switzerland)
    Saint-Gobain (France)
    Sika AG (Switzerland)
    DuPont (U.S.)
    LafargeHolcim (Switzerland)
    Owens Corning (U.S.)
    SCG (Thailand)
    PPG Industries, Inc. (U.S.)
    AGC Inc. (Japan)
    Nippon Sheet Glass Co., Ltd (Japan)
    The exterior wall systems market size is projected to reach USD 364.61 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Increasing urbanization worldwide will be one of the most prominent factors fueling the growth of this market, The UN World Urbanization Prospects 2018 estimates that nearly 70% of the global population will be housed in urban areas by 2050. According to the UN, India, China, and Nigeria will be the global urban hotspots, adding 416 million, 255 million, and 189 million urban dwellers, respectively, in the next three decades. Urban areas typically comprise a large of residential and commercial infrastructures that require efficient and effective external protection from inclement weather, natural disasters, and pollution. Exterior wall systems provide this protection to buildings owing to their properties of thermal insulation and the ability to prevent excessive water penetration that can weaken structural integrity. Thus, rapid growth in urban spaces around the globe will create excellent opportunities for players in this market. Information Source - https://www.fortunebusinessinsights.com/exterior-wall-systems-market-104394 The report states that the global market value was at USD 213.45 billion in 2019 and offers the following: Detailed evaluation of the market trends, drivers, and restraints; Granular examination of the different market segments; Careful study of the regional and competitive developments influencing the market growth; and Panoramic overview of the overall industry outlook and prospects. Restraining Factor Subdued Construction Activities amid COVID-19 to Restrict Market Growth The exterior wall systems market growth is expected to get hit in 2020 as the COVID-19 pandemic has caused a severe downturn in construction activities worldwide. In August 2020, the London-based Royal Institution of Chartered Surveyors (RICS) reported that only 20% of the halted construction projects around the globe are likely to restart in the post-pandemic period. Furthermore, with a quarter of the construction projects on pause and on-site productivity falling by 12%, the RICS predicts that the financial repercussions of these developments will have to be borne by the construction industry over the next twelve months. The demand for exterior wall systems will inevitably be in the face of such dire circumstances as these products are heavily dependent on the construction industry, especially in emerging economies such as India and China. Moreover, falling demand and the economic fallout of the pandemic have delayed investments in new construction technologies, which will create hindrances for this market. Regional Insights Infrastructural Development Enables Rapid Market Expansion in Asia Pacific With a market size of USD 86.45 billion, Asia Pacific commanded the exterior wall systems market share in 2019 and is expected to continue its exceptional performance during the forecast period. This expectation from the region is based on the massive investments by governments in India and China to support infrastructural development. More specifically, these countries are aggressively implementing policies and adopting advanced technologies to build sustainable critical infrastructures such as airports and railways, which is likely to spike the demand for exterior wall systems in the region. In Europe, favorable policies of the European Union (EU) supporting the construction of energy-efficient buildings in the continent are accelerating market growth in the region. In North America, speedy uptake of highly sophisticated construction technologies and materials will propel regional market growth. Competitive Landscape Development of Sustainable Insulation Solutions by Key Players to Augment Market Potential Key players in this market are concentrating their resources and technologies towards developing next-gen, sustainable exterior and interior insulation solutions for the construction industry. To further enhance their R&D capacity, companies are also forging alliances with other players as well as engaging in acquisition activities. Industry Development: September 2020: Saint-Gobain announced the takeover of the Dutch external insulation specialist, Strikolith. The acquisition will allow Saint-Gobain to expand its offerings in External Thermal Insulation Composite Systems and construction chemicals in the Netherlands. List of Key Companies Profiled in the Exterior Wall Systems Market Report: Dow (U.S.) USG Boral (Australia) Evonik Industries AG (Germany) Etex Group (Belgium) 3A Composite Holding AG (Switzerland) Saint-Gobain (France) Sika AG (Switzerland) DuPont (U.S.) LafargeHolcim (Switzerland) Owens Corning (U.S.) SCG (Thailand) PPG Industries, Inc. (U.S.) AGC Inc. (Japan) Nippon Sheet Glass Co., Ltd (Japan)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Exterior Wall Systems Market Growth, Industry Forecast, 2029
    The global exterior wall systems market is projected to grow from $223.67 billion in 2022 to $370.82 billion by 2029, at a CAGR of 7.5% in forecast period
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  • The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

    Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

    The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly.

    The market report includes:

    All-encompassing report of the market
    Critical insights into the market
    Dominant regions in the world
    Market drivers and restraints
    Competitive landscape
    COVID-19 impact
    Market Driver:

    Evolving Consumer Lifestyle to Influence Massive Growth

    The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel the market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting the market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

    COVID-19 Impact:

    Varied Effect of COVID-19 on the Beverage Cans Market

    The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and high consumption beverages during lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid global pandemic.

    Regional Analysis:

    Inclination towards Healthy Beverages to Boost Market in North America

    North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled the manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of circular economy will further fuel demand for these cans in the forthcoming years.

    Key Development:

    July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

    The Report Lists the Key Companies in the Market:

    Ball Corporation (U.S.)
    Orora Packaging Australia Pty Ltd (Australia)
    Crown Holdings, Inc. (U.S.)
    Ardagh Group S.A. (Ireland)
    CANPACK S.A. (Poland)
    GZ Industries Ltd. (Nigeria)
    CPMC Holdings Ltd. (China)
    MSCANCO (Saudi Arabia)
    Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
    Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
    Universal Can Corporation (U.S.)
    Techpack Solutions (China)
    Baosteel Metal Co., Ltd. (China)
    Asia Packaging Industries (Vietnam)
    Silgan Holdings (U.S.)
    Other Key Players
    The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019. Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706 The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that you can adopt the necessary strategies accordingly. The market report includes: All-encompassing report of the market Critical insights into the market Dominant regions in the world Market drivers and restraints Competitive landscape COVID-19 impact Market Driver: Evolving Consumer Lifestyle to Influence Massive Growth The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel the market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting the market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans. COVID-19 Impact: Varied Effect of COVID-19 on the Beverage Cans Market The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum has disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and high consumption beverages during lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid global pandemic. Regional Analysis: Inclination towards Healthy Beverages to Boost Market in North America North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled the manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of circular economy will further fuel demand for these cans in the forthcoming years. Key Development: July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually. The Report Lists the Key Companies in the Market: Ball Corporation (U.S.) Orora Packaging Australia Pty Ltd (Australia) Crown Holdings, Inc. (U.S.) Ardagh Group S.A. (Ireland) CANPACK S.A. (Poland) GZ Industries Ltd. (Nigeria) CPMC Holdings Ltd. (China) MSCANCO (Saudi Arabia) Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan) Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka) Universal Can Corporation (U.S.) Techpack Solutions (China) Baosteel Metal Co., Ltd. (China) Asia Packaging Industries (Vietnam) Silgan Holdings (U.S.) Other Key Players
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Beverage Cans Market Size & Growth | Global Report [2027]
    The global beverage cans market size was USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
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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.
    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.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Paints and Coatings Additives Market Size, Share, Growth Rate, 2032
    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 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, Share, Growth Rate, 2032
    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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