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Kunal Aditya 2021-07-15
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The global Brazil marine lubricant market size is expected to reach USD 15.01 million by 2027 while exhibiting a CAGR of 1.9% between 2020 and 2027.

This is attributable to the growing demand for eco-friendly Brazil marine lubricant products in the forthcoming years.

This information is published by Fortune Business Insights, in its latest report, titled, “Brazil Marine Lubricant Market Size, Share & Industry Analysis, By Product Type (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Other), By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, and Others) Forecast, 2020-2027.” The report mentions that the market stood at USD 14.17 million in 2019 and is likely to gain momentum during the forecast period.High Demand for Lubricant amid COVID-19 to Augment GrowthThe lockdown imposed by Brazil in March 2020 owing to the widespread effects of the global pandemic brought a complete halt to industrial operations.

This led to the economy being stagnant in the country.

However, active efforts by the Government of Brazil to resume operations and every possible support to the Brazil marine lubricant manufacturers are expected to bode well for the market amid the COVID-19  in the near future.DRIVING FACTORSIncreasing Demand for Eco-Friendly Lubricants to Augment GrowthThe stringent government regulations to produce low-sulfur content fuels had led the manufacturers to produce eco-friendly Brazil marine lubricant products.

The bio-based lubricants are derived from polyalkylene glycols, animal fats, synthetic esters, and vegetable oils.

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Kunal Aditya 2021-07-02
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The global canned tuna market size is expected to reach USD 9.22 billion by 2027, exhibiting a CAGR of 2.26% during the forecast period.

The rising consumption of packed food items and beverages will spur lucrative opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Canned Tuna Market Size, Share & Industry Analysis, By Type (Canned Light Tuna and Canned White Tuna), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027” the market size stood at USD 7.74 billion in 2019.The coronavirus incident has brought the world to an unprecedented stop.

We understand that this health crisis has brought an unwonted effect on businesses across various .

Rising support from governments and several companies can help in the fight against this highly infectious virus.

There are some industries that are struggling and some are thriving.

More or less, nearly every sector is estimated to be impacted by this pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.

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Kunal Aditya 2021-06-30
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The global methanol market size is set to grow astonishingly backed by the rising shift of the transportation industry towards methanol-powered vehicles.

The main reason for this is that methyl alcohol reduces the emissions of carbon dioxide in the atmosphere.

This information is given by Fortune Business Insights™ in a new report, titled, “Methanol Market Size, Share & Industry Analysis, By Feedstock (Natural Gas, Coal, Biomass & Renewables), By Derivative (Formaldehyde, Acetic Acid, MTBE, DME, Gasoline Blending, Biodiesel, MTO/MTP, Solvent, and Others), By Application (Construction, Automotive, Electronics, and Others) and Regional Forecast, 2020-2027.” The report further states that The methanol market size was USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period.The emergence of the COVID-19 pandemic is causing huge losses for numerous industries.

Some of them have resumed operations by reducing their workforce and maintaining social distancing.

Our reports are specially created to provide elaborate information about the present scenario of every market.

You can select the best strategy to intensify competition and gain business confidence.Segment-Formaldehyde Segment to Grow Rapidly Fueled by Increasing Demand from Multiple IndustriesBased on derivatives, the market is segregated into the solvent, MTO/MTP, biodiesel, gasoline blending, DME, MTBE, acetic acid, formaldehyde, and others.

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Kunal Aditya 2021-06-28
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The global acetic acid market size is expected to reach USD 13.79 billion by 2027, exhibiting a CAGR of 8.4% during the forecast period.

The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & COVID-19 Impact Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Regional Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.The coronavirus incident has brought the world to an unanticipated halt.

We understand that this health disaster has negatively impacted various sectors across the globe.

Rising support from governments and several companies can help in the fight against this highly infectious virus.

There are some industries that are struggling and some are thriving.

More or less, nearly every sector is estimated to be impacted by this pandemic.We are making endless efforts to uplift businesses in this crucial need of the hour.

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0
Kunal Aditya 2021-07-15
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The global iodine market size is projected to reach USD 1,283.0 million by the end of 2027.

According to a report published by Fortune Business Insights, titled “Iodine Market Size, Share & Industry Analysis, By Source (Caliche Ore, Underground Brines, and Seaweed), By Application (X-Ray Contrast Media, Pharmaceuticals, Optical Polarization Films, Industrial Catalyst, Animal Feed, Fluorochemicals, Iodophors, Human Nutrition, Biocides, and Others), and Regional Forecast, 2020-2027, the market was worth USD 915.9 million and will exhibit a CAGR of 4.4% during the forecast period, 2020-2027.Shutdowns in Manufacturing Units will have a Negative Impact on Market GrowthThe recent coronavirus outbreak has had a negative impact on several industries across the world.

Due to the strict measures taken to curb the spread of the disease, companies are looking to operate remotely or through constrained operative environments.

Accounting for the rapid spread of the disease, companies are looking to implement strict measures to operate at minimum risks.

Moreover, a lack of laborers and an inadequate workforce will bring mining and extraction activities to a complete halt.Iodine is a type of mineral that is naturally found in oceanic water bodies or oil.

The increasing research activities associated with iodine and its applications across diverse industry verticals will emerge in favor of the growth of the global market.

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Kunal Aditya 2021-07-02
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The global canned foods market size is projected to reach USD 100.92 billion by the end of 2027.

Increasing product demand availability at low costs will emerge in favor of market growth.

According to a report published by Fortune Business Insights, titled “Canned Food Market Size, Share & Industry Analysis, By Type (Canned Seafood, Canned Fruits and Vegetables, Canned Meat, and Others), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027,” the market was worth USD 91.90 in 2019 and will exhibit a CAGR of 1.30% during the forecast period, 2020-2027.Canned foods are widely consumed across the world, accounting to the adoption of fast paced lifestyles.

These foods have gained massive popularity in the past few decades.

The use of environment-friendly material for manufacturing of cans and can materials will aid the growth of the overall market in the coming years.

The availability of preserved foods and variations in these foods will emerge in favor of the companies operating in the market.

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Kunal Aditya 2021-06-30
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The global polymer foam market size is likely to rise remarkably in the forecast period on account of the increasing demand for polymer foams from the building and construction sector.

Fortune Business Insights provides a detailed analysis of the market in their report titled, “Polymer Foam Market Size, Share & Industry Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC), and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel, and Others), and Regional Forecast, 2019-2026”.

According to the report, the polymer foam market is anticipated to reach USD 154.08 billion by 2026 from USD 110.85 billion in 2018 with a CAGR of 4.28%, within the forecast period of 2019 to 2026.The report offers a comprehensive analysis of the polymer foam market, chiefly focusing on crucial aspects such as growth drivers, restraints, trends, and opportunities.

It also throws light on the current industry insights and key developments of the market.

Besides this, the report lists the names of significant players in the market and major strategies adopted by them in order to stay ahead of the competition.

Detailed segmentation of the market is also provided in the report including the regional segmentation.

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Kunal Aditya 2021-06-28
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The global polylactic acid market size is expected to experience exponential growth by reaching USD 2,306,708.2 thousand by 2028.

This information is published by Fortune Business Insights in its latest report, titled, “Polylactic Acid Market, 2021-2028.” The report further observes that the market stood at USD 698,200.9 thousand in 2020 and is projected to exhibit a CAGR of 16.3% between 2021 and 2028.Increasing Demand for Polylactic Acid (PLA) and Composites in Medical IndustryIn September 2020, Total Corbion PLA announced its plan to build its second PLA facility with an aim to manufacture up to 100,000 tons of PLA and its composites annually.

According to the company, the new plant will be operational from 2024 at Grandpuits, France.

The growing demand for biocompatible and biodegradable polymers across the medical industry for tissue engineering, medical implants, drug delivery systems, and orthopedic devices is expected to boost the market’s demand in the forthcoming years.Market Segmentation: We have bifurcated the market based on application and region.

On the basis of application, the market is categorized into packaging, textiles, consumer Goods, agriculture & horticulture, and others.

Lastly, based on region, the market is segmented into Europe, Asia-Pacific, Latin America, the Middle East and Africa, and North America.What does the Report Provide?The market report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth.

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Kunal Aditya 2021-07-12
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The global architectural acoustic panels market size is projected to reach USD 9,752.8 million by 2027, exhibiting a CAGR of 4.1% during the forecast period.

Development of acoustic panels made from eco-friendly and recycled organic waste will be a prime growth determinant for this market, states Fortune Business Insights™ in its report, titled “Architectural Acoustic Panels Market Size, Share & Industry Analysis, By Product Type (Metal Acoustic Panels, Plastic Acoustic Panels, Wood Acoustic Panels, and Others), By Application (Residential, Commercial and Industrial) and Regional Forecast, 2020-2027”.

The construction industry predominantly relies on synthetic and inorganic materials such as polystyrene and glass wool for thermal insulation and noise reduction.

However, these materials are known to have significant environmental impacts and as a result, acoustic panel manufacturers are showing increasing interest in utilizing biodegradable materials for making soundproofing solutions.

Similarly, Audimute has developed its green sound absorption solution, the eco-C-tex, which has been produced from recycled cotton and cellulose.

With regulatory bodies emphasizing reducing pollution from buildings, the demand for green architectural acoustic panels is expected to rise in the coming years.Restraining FactorSubdued Construction Activities amid COVID-19 to Stifle Market GrowthA major challenge impeding the architectural acoustic panels market growth is the ongoing and steadily intensifying COVID-19 pandemic that has caused unprecedented damage to the global construction industry.

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Kunal Aditya 2021-07-01
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The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide.

Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers.

More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027.The emergence of COVID-19 has brought the world to a standstill.

We understand that this health crisis has brought an unprecedented impact on businesses across industries.

However, this, too, shall pass.

Rising support from governments and several companies can help in the fight against this highly contagious disease.

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0
Kunal Aditya 2021-06-29
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The global toys market size is expected to experience significant growth by reaching USD 212.49 billion in 2027 while exhibiting a CAGR of 7.3% between 2020 and 2027.

This is attributable to the increasing social media influence that is being leveraged by manufacturing companies to boost their revenues globally.

Fortune Business Insights published this information in its latest report, titled, “Toys Market Size, Share & COVID-19 Impact Analysis, By Product Type (Dolls, Outdoor and Sports Toys, Building and Construction Set, Infant and Preschool Toys, Games & Puzzles, and Others), Age Group (0-3 Years, 3-5 Years, 5-12 Years, 12-18 Years, and 18+ Years), Distribution Channel (Online and Offline), and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 105.85 billion in 2019.COVID-19 Impact: Market to Exhibit Astonishing 22.30% CAGR in 2020The lockdown is turning out to be favorable for several toy manufacturers as they are registering significant sales.

To enable entertainment of the kids confined at their home spaces, parents are buying play products through offline and online platforms.

Therefore, based on our analysis, the market is likely to exhibit an impressive CAGR of 22.30% in 2020.What does the Report Provide?The market report provides a qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth.

Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market.

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Kunal Aditya 2021-06-25
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The global plastic waste management market size is projected to reach USD 41.58 billion by 2027, exhibiting a CAGR of 3.1% during the forecast period.

Unchecked plastic pollution levels during the COVID-19 pandemic is expected to create unique growth opportunities for the market, suggests Fortune Business Insights™ in its report, titled “Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene, and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics, and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027”.

The COVID-19 outbreak has triggered a race for the production of personal protective equipment (PPE), which is mostly made from plastic.

However, their sustainable disposal, especially the disposal of single-use plastic, has sparked fears among environmentalists and academicians as PPE contains large amounts of micro-plastics.

For example, the World Wide Fund estimates that if just 1% of the 1 billion masks used in Italy every month are discarded improperly, it could lead to the accumulation of 10 million plastic masks in the environment, causing unprecedented pollution.

However, owing to supply chain disruptions, the market growth will be moderate for the present year.Market DriverProactive Initiatives by Governments to End Plastic Pollution to Boost the MarketGovernments worldwide are taking decisive steps to curb the menace of plastic pollution, which is likely to stoke the plastic waste management market growth in the coming years.

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Kunal Aditya 2021-07-12
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The global unsaturated polyester resin (UPR) market is set to gain momentum from the increasing demand from numerous end-use industries, such as marine, electrical & electronics, aerospace, and automotive.

This information is given by Fortune Business Insights™ in a new report, titled, “Unsaturated Polyester Resin Market Size, Share & Industry Analysis, By Type (Orthophthalic, Isophthalic, and DCPD), By Application (Building & Construction, Marine, Pipes & Tanks, Electrical & Electronics, Land Transportation, Wind Energy, and Others), and Regional Forecast, 2020-2027.” The report further states that the unsaturated polyester resin market size was USD 11,579.6 million in 2019 and is projected to reach USD 16,965.7 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.COVID-19 Pandemic: Shortage of Raw Materials May Decline Demand The COVID-19 pandemic has affected a wide range of industries worldwide, thereby halting trade and manufacturing activities.

The lockdown has also caused a shortage of raw materials.

Hence, the costs of finished products have surged rapidly.

These factors are set to decline the demand for unsaturated polyester resins in the near future.How Did We Create This Report For You?We follow an innovative research methodology that includes data triangulation on the basis of bottom-up and top-down approaches.

We conduct extensive primary research to validate the projected market numbers.

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Kunal Aditya 2021-07-01
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The global ceramic market size will grow remarkably owing to the increasing demand from the building and construction segment worldwide.

A report by Fortune Business Insights™ titled, “Ceramics Market Size, Share & Industry Analysis, By Type (Traditional, Advanced), By Application (Tiles, Sanitary Wares, Abrasives, Pottery, Bricks & Pipes, Others), By End-Use Industry (Building & Construction, Industrial, Medical, Others) and Regional Forecast, 2019-2026,” states that the market was worth USD 133.20 billion in 2018 and is expected to reach USD 243.12 billion by the end of 2026.

Furthermore, the rising popularity of ceramics will help the market witness a CAGR of 8.0% within the forecast period of 2019 to 2026.

As per current trends, the building and construction segment will emerge dominant in the market on account of increasing demand for concrete-making products such as tiles, bricks, and others made out of ceramic.Increasing Demand from Medical Industry to Augment GrowthCeramics is gaining popularity by the day as it is being utilized as an alternative to plastic and metal substances.

The medical industry is also using ceramic for bone implants, fracture casts, tooth replacements, and others.

Ceramic can also be used for making electrical and mechanical components, coupled with automotive components such as catalytic converter substrates, sensors, and others.

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Kunal Aditya 2021-06-29
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The global pet food market size is anticipated to gain impetus from the ever-increasing demand for natural and premium products.

Besides, the governments of several countries are emphasizing the usage of natural, healthy, and safe ingredients in pet food products.

Fortune Business Insights™ provides this information in a recent report, titled, “Pet Food Market Size, Share & Industry Analysis, By Animal Type (Dogs, Cats, and Others), Form (Dry Pet Food, Wet Pet Food, and Snacks & Treats), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Pet Food Stores, Online Channels, and Others), and Regional Forecast, 2020 – 2027.” The report further mentions that The pet food market size stood at USD 90.13 billion in 2019 and is projected to reach USD 127.21 billion by 2027, thereby exhibiting a CAGR of 4.60% during the forecast period (2020-2027).The outbreak of COVID-19 has been affecting several industries for the past few months.

Owing to the stringent preventive measures, such as lockdown, the production, and manufacturing of goods have come to a standstill.

With the growing support from the regulatory bodies and other similar agencies, the highly impacted industries are slowly able to move towards success.

Our research reports offer extensive analysis of the effects of this pandemic on various industries.Segment-Dog Segment to Dominate Owing to Their Rising Adoption Worldwide In terms of animal type, the market is segmented into cats, dogs, and others.

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Kunal Aditya 2021-06-25
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The global handbag market size is projected to reach USD 78.46 billion by 2028 owing to the increasing availability of premium bag brands on e-commerce platforms.

Fortune Business Insights™ shares this information in its report, titled “Handbag Market, 2021-2028”.

The report further states that the global market value was USD 47.57 billion in 2020, and the market is expected to register a CAGR of 6.8% from 2021 to 2028.COVID-19 ImpactThe COVID-19 pandemic has seriously injured the consumer goods industry and has hampered the handbag market growth.

According to Fortune Business Insights™, the global market slumped by a staggering 25.6% in 2020, with its size predicted to reach USD 49.63 billion in 2021.

The main reasons for the market’s declining growth trajectory in the 2020-21 period include sharp demand contractions underpinned by falling incomes, increasing raw material prices, and reduced production.Sequential Brands Group & Centric Brands to Collaborate for Handbag & Jewelry CollectionsIn November 2019, Sequential Brands Group teamed up with Hollywood celebrity Jessica Simpson to enter into a multi-year licensing partnership with Centric Brands.

Under the agreement, the two companies will collaborate to develop, manufacture, and distribute Simpson’s new line of handbag and jewelry collections.

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Kunal Aditya 2021-07-15
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The global Brazil marine lubricant market size is expected to reach USD 15.01 million by 2027 while exhibiting a CAGR of 1.9% between 2020 and 2027.

This is attributable to the growing demand for eco-friendly Brazil marine lubricant products in the forthcoming years.

This information is published by Fortune Business Insights, in its latest report, titled, “Brazil Marine Lubricant Market Size, Share & Industry Analysis, By Product Type (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Other), By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, and Others) Forecast, 2020-2027.” The report mentions that the market stood at USD 14.17 million in 2019 and is likely to gain momentum during the forecast period.High Demand for Lubricant amid COVID-19 to Augment GrowthThe lockdown imposed by Brazil in March 2020 owing to the widespread effects of the global pandemic brought a complete halt to industrial operations.

This led to the economy being stagnant in the country.

However, active efforts by the Government of Brazil to resume operations and every possible support to the Brazil marine lubricant manufacturers are expected to bode well for the market amid the COVID-19  in the near future.DRIVING FACTORSIncreasing Demand for Eco-Friendly Lubricants to Augment GrowthThe stringent government regulations to produce low-sulfur content fuels had led the manufacturers to produce eco-friendly Brazil marine lubricant products.

The bio-based lubricants are derived from polyalkylene glycols, animal fats, synthetic esters, and vegetable oils.

Kunal Aditya 2021-07-12
img

The global architectural acoustic panels market size is projected to reach USD 9,752.8 million by 2027, exhibiting a CAGR of 4.1% during the forecast period.

Development of acoustic panels made from eco-friendly and recycled organic waste will be a prime growth determinant for this market, states Fortune Business Insights™ in its report, titled “Architectural Acoustic Panels Market Size, Share & Industry Analysis, By Product Type (Metal Acoustic Panels, Plastic Acoustic Panels, Wood Acoustic Panels, and Others), By Application (Residential, Commercial and Industrial) and Regional Forecast, 2020-2027”.

The construction industry predominantly relies on synthetic and inorganic materials such as polystyrene and glass wool for thermal insulation and noise reduction.

However, these materials are known to have significant environmental impacts and as a result, acoustic panel manufacturers are showing increasing interest in utilizing biodegradable materials for making soundproofing solutions.

Similarly, Audimute has developed its green sound absorption solution, the eco-C-tex, which has been produced from recycled cotton and cellulose.

With regulatory bodies emphasizing reducing pollution from buildings, the demand for green architectural acoustic panels is expected to rise in the coming years.Restraining FactorSubdued Construction Activities amid COVID-19 to Stifle Market GrowthA major challenge impeding the architectural acoustic panels market growth is the ongoing and steadily intensifying COVID-19 pandemic that has caused unprecedented damage to the global construction industry.

Kunal Aditya 2021-07-02
img

The global canned tuna market size is expected to reach USD 9.22 billion by 2027, exhibiting a CAGR of 2.26% during the forecast period.

The rising consumption of packed food items and beverages will spur lucrative opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Canned Tuna Market Size, Share & Industry Analysis, By Type (Canned Light Tuna and Canned White Tuna), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027” the market size stood at USD 7.74 billion in 2019.The coronavirus incident has brought the world to an unprecedented stop.

We understand that this health crisis has brought an unwonted effect on businesses across various .

Rising support from governments and several companies can help in the fight against this highly infectious virus.

There are some industries that are struggling and some are thriving.

More or less, nearly every sector is estimated to be impacted by this pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.

Kunal Aditya 2021-07-01
img

The global cosmetics packaging market size is anticipated to reach USD 39.32 billion by 2027 owing to the rapidly augmenting beauty industry worldwide.

Cosmetics packaging plays a pivotal role in the marketing of different cosmetics products by drawing the attention of the consumers.

More information on the market is provided in a recent report published by Fortune Business Insights™ titled, “Cosmetics Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Haircare, Make-up, and Nail care), and Regional Forecast, 2020-2027.” According to this report, the market value stood at USD 30.37 billion in 2019 and is poised to register a CAGR of 4.03% between 2020 to 2027.The emergence of COVID-19 has brought the world to a standstill.

We understand that this health crisis has brought an unprecedented impact on businesses across industries.

However, this, too, shall pass.

Rising support from governments and several companies can help in the fight against this highly contagious disease.

Kunal Aditya 2021-06-30
img

The global methanol market size is set to grow astonishingly backed by the rising shift of the transportation industry towards methanol-powered vehicles.

The main reason for this is that methyl alcohol reduces the emissions of carbon dioxide in the atmosphere.

This information is given by Fortune Business Insights™ in a new report, titled, “Methanol Market Size, Share & Industry Analysis, By Feedstock (Natural Gas, Coal, Biomass & Renewables), By Derivative (Formaldehyde, Acetic Acid, MTBE, DME, Gasoline Blending, Biodiesel, MTO/MTP, Solvent, and Others), By Application (Construction, Automotive, Electronics, and Others) and Regional Forecast, 2020-2027.” The report further states that The methanol market size was USD 28.50 billion in 2019 and is projected to reach USD 40.48 billion by 2027, exhibiting a CAGR of 4.6% during the forecast period.The emergence of the COVID-19 pandemic is causing huge losses for numerous industries.

Some of them have resumed operations by reducing their workforce and maintaining social distancing.

Our reports are specially created to provide elaborate information about the present scenario of every market.

You can select the best strategy to intensify competition and gain business confidence.Segment-Formaldehyde Segment to Grow Rapidly Fueled by Increasing Demand from Multiple IndustriesBased on derivatives, the market is segregated into the solvent, MTO/MTP, biodiesel, gasoline blending, DME, MTBE, acetic acid, formaldehyde, and others.

Kunal Aditya 2021-06-29
img

The global toys market size is expected to experience significant growth by reaching USD 212.49 billion in 2027 while exhibiting a CAGR of 7.3% between 2020 and 2027.

This is attributable to the increasing social media influence that is being leveraged by manufacturing companies to boost their revenues globally.

Fortune Business Insights published this information in its latest report, titled, “Toys Market Size, Share & COVID-19 Impact Analysis, By Product Type (Dolls, Outdoor and Sports Toys, Building and Construction Set, Infant and Preschool Toys, Games & Puzzles, and Others), Age Group (0-3 Years, 3-5 Years, 5-12 Years, 12-18 Years, and 18+ Years), Distribution Channel (Online and Offline), and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 105.85 billion in 2019.COVID-19 Impact: Market to Exhibit Astonishing 22.30% CAGR in 2020The lockdown is turning out to be favorable for several toy manufacturers as they are registering significant sales.

To enable entertainment of the kids confined at their home spaces, parents are buying play products through offline and online platforms.

Therefore, based on our analysis, the market is likely to exhibit an impressive CAGR of 22.30% in 2020.What does the Report Provide?The market report provides a qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth.

Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market.

Kunal Aditya 2021-06-28
img

The global acetic acid market size is expected to reach USD 13.79 billion by 2027, exhibiting a CAGR of 8.4% during the forecast period.

The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & COVID-19 Impact Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Regional Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.The coronavirus incident has brought the world to an unanticipated halt.

We understand that this health disaster has negatively impacted various sectors across the globe.

Rising support from governments and several companies can help in the fight against this highly infectious virus.

There are some industries that are struggling and some are thriving.

More or less, nearly every sector is estimated to be impacted by this pandemic.We are making endless efforts to uplift businesses in this crucial need of the hour.

Kunal Aditya 2021-06-25
img

The global plastic waste management market size is projected to reach USD 41.58 billion by 2027, exhibiting a CAGR of 3.1% during the forecast period.

Unchecked plastic pollution levels during the COVID-19 pandemic is expected to create unique growth opportunities for the market, suggests Fortune Business Insights™ in its report, titled “Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene, and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics, and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027”.

The COVID-19 outbreak has triggered a race for the production of personal protective equipment (PPE), which is mostly made from plastic.

However, their sustainable disposal, especially the disposal of single-use plastic, has sparked fears among environmentalists and academicians as PPE contains large amounts of micro-plastics.

For example, the World Wide Fund estimates that if just 1% of the 1 billion masks used in Italy every month are discarded improperly, it could lead to the accumulation of 10 million plastic masks in the environment, causing unprecedented pollution.

However, owing to supply chain disruptions, the market growth will be moderate for the present year.Market DriverProactive Initiatives by Governments to End Plastic Pollution to Boost the MarketGovernments worldwide are taking decisive steps to curb the menace of plastic pollution, which is likely to stoke the plastic waste management market growth in the coming years.

Kunal Aditya 2021-07-15
img

The global iodine market size is projected to reach USD 1,283.0 million by the end of 2027.

According to a report published by Fortune Business Insights, titled “Iodine Market Size, Share & Industry Analysis, By Source (Caliche Ore, Underground Brines, and Seaweed), By Application (X-Ray Contrast Media, Pharmaceuticals, Optical Polarization Films, Industrial Catalyst, Animal Feed, Fluorochemicals, Iodophors, Human Nutrition, Biocides, and Others), and Regional Forecast, 2020-2027, the market was worth USD 915.9 million and will exhibit a CAGR of 4.4% during the forecast period, 2020-2027.Shutdowns in Manufacturing Units will have a Negative Impact on Market GrowthThe recent coronavirus outbreak has had a negative impact on several industries across the world.

Due to the strict measures taken to curb the spread of the disease, companies are looking to operate remotely or through constrained operative environments.

Accounting for the rapid spread of the disease, companies are looking to implement strict measures to operate at minimum risks.

Moreover, a lack of laborers and an inadequate workforce will bring mining and extraction activities to a complete halt.Iodine is a type of mineral that is naturally found in oceanic water bodies or oil.

The increasing research activities associated with iodine and its applications across diverse industry verticals will emerge in favor of the growth of the global market.

Kunal Aditya 2021-07-12
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The global unsaturated polyester resin (UPR) market is set to gain momentum from the increasing demand from numerous end-use industries, such as marine, electrical & electronics, aerospace, and automotive.

This information is given by Fortune Business Insights™ in a new report, titled, “Unsaturated Polyester Resin Market Size, Share & Industry Analysis, By Type (Orthophthalic, Isophthalic, and DCPD), By Application (Building & Construction, Marine, Pipes & Tanks, Electrical & Electronics, Land Transportation, Wind Energy, and Others), and Regional Forecast, 2020-2027.” The report further states that the unsaturated polyester resin market size was USD 11,579.6 million in 2019 and is projected to reach USD 16,965.7 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.COVID-19 Pandemic: Shortage of Raw Materials May Decline Demand The COVID-19 pandemic has affected a wide range of industries worldwide, thereby halting trade and manufacturing activities.

The lockdown has also caused a shortage of raw materials.

Hence, the costs of finished products have surged rapidly.

These factors are set to decline the demand for unsaturated polyester resins in the near future.How Did We Create This Report For You?We follow an innovative research methodology that includes data triangulation on the basis of bottom-up and top-down approaches.

We conduct extensive primary research to validate the projected market numbers.

Kunal Aditya 2021-07-02
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The global canned foods market size is projected to reach USD 100.92 billion by the end of 2027.

Increasing product demand availability at low costs will emerge in favor of market growth.

According to a report published by Fortune Business Insights, titled “Canned Food Market Size, Share & Industry Analysis, By Type (Canned Seafood, Canned Fruits and Vegetables, Canned Meat, and Others), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027,” the market was worth USD 91.90 in 2019 and will exhibit a CAGR of 1.30% during the forecast period, 2020-2027.Canned foods are widely consumed across the world, accounting to the adoption of fast paced lifestyles.

These foods have gained massive popularity in the past few decades.

The use of environment-friendly material for manufacturing of cans and can materials will aid the growth of the overall market in the coming years.

The availability of preserved foods and variations in these foods will emerge in favor of the companies operating in the market.

Kunal Aditya 2021-07-01
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The global ceramic market size will grow remarkably owing to the increasing demand from the building and construction segment worldwide.

A report by Fortune Business Insights™ titled, “Ceramics Market Size, Share & Industry Analysis, By Type (Traditional, Advanced), By Application (Tiles, Sanitary Wares, Abrasives, Pottery, Bricks & Pipes, Others), By End-Use Industry (Building & Construction, Industrial, Medical, Others) and Regional Forecast, 2019-2026,” states that the market was worth USD 133.20 billion in 2018 and is expected to reach USD 243.12 billion by the end of 2026.

Furthermore, the rising popularity of ceramics will help the market witness a CAGR of 8.0% within the forecast period of 2019 to 2026.

As per current trends, the building and construction segment will emerge dominant in the market on account of increasing demand for concrete-making products such as tiles, bricks, and others made out of ceramic.Increasing Demand from Medical Industry to Augment GrowthCeramics is gaining popularity by the day as it is being utilized as an alternative to plastic and metal substances.

The medical industry is also using ceramic for bone implants, fracture casts, tooth replacements, and others.

Ceramic can also be used for making electrical and mechanical components, coupled with automotive components such as catalytic converter substrates, sensors, and others.

Kunal Aditya 2021-06-30
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The global polymer foam market size is likely to rise remarkably in the forecast period on account of the increasing demand for polymer foams from the building and construction sector.

Fortune Business Insights provides a detailed analysis of the market in their report titled, “Polymer Foam Market Size, Share & Industry Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC), and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel, and Others), and Regional Forecast, 2019-2026”.

According to the report, the polymer foam market is anticipated to reach USD 154.08 billion by 2026 from USD 110.85 billion in 2018 with a CAGR of 4.28%, within the forecast period of 2019 to 2026.The report offers a comprehensive analysis of the polymer foam market, chiefly focusing on crucial aspects such as growth drivers, restraints, trends, and opportunities.

It also throws light on the current industry insights and key developments of the market.

Besides this, the report lists the names of significant players in the market and major strategies adopted by them in order to stay ahead of the competition.

Detailed segmentation of the market is also provided in the report including the regional segmentation.

Kunal Aditya 2021-06-29
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The global pet food market size is anticipated to gain impetus from the ever-increasing demand for natural and premium products.

Besides, the governments of several countries are emphasizing the usage of natural, healthy, and safe ingredients in pet food products.

Fortune Business Insights™ provides this information in a recent report, titled, “Pet Food Market Size, Share & Industry Analysis, By Animal Type (Dogs, Cats, and Others), Form (Dry Pet Food, Wet Pet Food, and Snacks & Treats), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Pet Food Stores, Online Channels, and Others), and Regional Forecast, 2020 – 2027.” The report further mentions that The pet food market size stood at USD 90.13 billion in 2019 and is projected to reach USD 127.21 billion by 2027, thereby exhibiting a CAGR of 4.60% during the forecast period (2020-2027).The outbreak of COVID-19 has been affecting several industries for the past few months.

Owing to the stringent preventive measures, such as lockdown, the production, and manufacturing of goods have come to a standstill.

With the growing support from the regulatory bodies and other similar agencies, the highly impacted industries are slowly able to move towards success.

Our research reports offer extensive analysis of the effects of this pandemic on various industries.Segment-Dog Segment to Dominate Owing to Their Rising Adoption Worldwide In terms of animal type, the market is segmented into cats, dogs, and others.

Kunal Aditya 2021-06-28
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The global polylactic acid market size is expected to experience exponential growth by reaching USD 2,306,708.2 thousand by 2028.

This information is published by Fortune Business Insights in its latest report, titled, “Polylactic Acid Market, 2021-2028.” The report further observes that the market stood at USD 698,200.9 thousand in 2020 and is projected to exhibit a CAGR of 16.3% between 2021 and 2028.Increasing Demand for Polylactic Acid (PLA) and Composites in Medical IndustryIn September 2020, Total Corbion PLA announced its plan to build its second PLA facility with an aim to manufacture up to 100,000 tons of PLA and its composites annually.

According to the company, the new plant will be operational from 2024 at Grandpuits, France.

The growing demand for biocompatible and biodegradable polymers across the medical industry for tissue engineering, medical implants, drug delivery systems, and orthopedic devices is expected to boost the market’s demand in the forthcoming years.Market Segmentation: We have bifurcated the market based on application and region.

On the basis of application, the market is categorized into packaging, textiles, consumer Goods, agriculture & horticulture, and others.

Lastly, based on region, the market is segmented into Europe, Asia-Pacific, Latin America, the Middle East and Africa, and North America.What does the Report Provide?The market report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth.

Kunal Aditya 2021-06-25
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The global handbag market size is projected to reach USD 78.46 billion by 2028 owing to the increasing availability of premium bag brands on e-commerce platforms.

Fortune Business Insights™ shares this information in its report, titled “Handbag Market, 2021-2028”.

The report further states that the global market value was USD 47.57 billion in 2020, and the market is expected to register a CAGR of 6.8% from 2021 to 2028.COVID-19 ImpactThe COVID-19 pandemic has seriously injured the consumer goods industry and has hampered the handbag market growth.

According to Fortune Business Insights™, the global market slumped by a staggering 25.6% in 2020, with its size predicted to reach USD 49.63 billion in 2021.

The main reasons for the market’s declining growth trajectory in the 2020-21 period include sharp demand contractions underpinned by falling incomes, increasing raw material prices, and reduced production.Sequential Brands Group & Centric Brands to Collaborate for Handbag & Jewelry CollectionsIn November 2019, Sequential Brands Group teamed up with Hollywood celebrity Jessica Simpson to enter into a multi-year licensing partnership with Centric Brands.

Under the agreement, the two companies will collaborate to develop, manufacture, and distribute Simpson’s new line of handbag and jewelry collections.