Metal Fiber Market Share, Analysis, Trends, Price, Segmentation and Forecast Report by 2027
The global metal fiber industry is set to gain momentum from its surging usage in various aircraft as a sound attenuation element. Nowadays, the increasing population in cities is, in turn, raising the volume of air traffic. Hence, the demand for silent aircraft is increasing to lower noise pollution and to control air traffic. Fortune Business Insights™ published this information in a new report, titled, “Metal Fiber Market Size, Share & COVID-19 Impact Analysis, By Product (Steel, Nickel, Copper, Aluminum, and Others), By Technology (Bundle Drawing, Foil Shaving, Machining, And Melt Spinning), By Application (ESD/EMI Protection, Filtration, Hot Glass Manipulation, Electrical Cables, Specialties, and Others), By End-Use (Textile, Automotive, Aerospace, Power & Electronics, and Others), and Regional Forecast, 2020-2027.” The report further states that the metal fiber market size was USD 4,701.0 million in 2019 and is projected to reach USD 6,561.6 million by 2027, exhibiting a CAGR of 4.5% during the forecast period.

Drivers & Restraints-

High Demand for Conductive Textile to Accelerate Growth

The demand for metal fiber is high from the textile industry worldwide. This is because of the recent trend of wearing smart textiles or e-textiles. Also, biomedical clothing contains electrodes made of conductive yarns. Besides, antistatic or conductive textiles are used extensively in a wide range of applications, such as military, electronic devices, home textiles, and optical & pharmaceutical industries.

However, the development of innovative metal fiber production technology requires the assistance of various fields, namely, pressure handling, powder metallurgy, porous materials, and non-woven manufacturing. Manufacturers sometimes are unable to keep up with the requirements. This factor may hamper the metal fiber market growth in the coming years.

Segment-

Rising Usage of Stainless Steel Fibers to Favor Growth of Textile Segment

Based on end-use, the aerospace segment held 16.5% in terms of metal fiber market share in 2019. The textile segment is expected to earn the highest revenue throughout the forthcoming years fueled by the increasing usage of stainless steel fibers and yarns for shielding textiles from electromagnetic interference (EMI).

Regional Analysis-

Asia Pacific to Remain at Forefront Backed by High Demand from India & China

Asia Pacific dominated the market in 2019 and is likely to remain in its position in the near future. This growth is attributable to the high demand for these fibers from India and China. Also, India would showcase a considerable demand from the textile and automotive industries. In 2019, North America procured USD 629.9 million in terms of revenue. The increasing usage of textiles, such as protective clothing, upholstery fabrics, and carpets is set to surge the demand for metal fiber in this region.

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Activated Carbon Market Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates 2030
The global activated carbon industry size was valued at USD 4.77 billion in 2021 and is expected to reach a valuation of USD 4.98 billion in 2022. The market is expected to reach USD 7.73 billion by 2030 with a CAGR of 5.6% during the forecast period. Rise in water and air pollution is expected to increase the demand for water and air treatment machines. Demand for safe and potable water and continuous treatment of wastewater in various end-user industries is expected to drive market growth. Fortune Business Insights™ shares this information in its report titled “Activated Carbon Market, 2022-2030.”


Segments

Granular Segment to Lead the Segment Due to Application in Various End-user Industries

On the basis of type, the market is segmented into powdered, granular, and others. Granular Activated Carbon (GAC) is expected to be the fastest growing segment due to its high demand in various end-user industries such as air & gas purification and water treatment. Growing demand for GAC is due to its easy reusability and regeneration which is expected to increase the market share of the segment.

Powdered Activated Carbon (PAC) is also anticipated to have a considerable growth due to its major application in water treatment.

Water Treatment Segment to Dominate Owing to its Ability to Adsorb Various Compounds

On the basis of application, the market is segmented into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare treatment, and others. The water treatment segment will lead the market due to its ability to adsorb organic compounds, oils, toxic substances, and odor & taste compounds. It is widely used owing to its high porosity. The food and beverage segment is also expected to have a considerable growth owing to increasing attention of consumers toward food safety and quality.

Regionally, the market is grouped into North America, Europe, Latin America, and the Middle East & Africa.


Drivers and Restraints

Rise in Water and Air Pollution to Thrust Product Demand

Growing need for safe and potable water is projected to drive the activated carbon market growth. Development in the market is attributed to the property of the product having a high surface area for adsorption that can remove impurities such as taste, odor, microbes, and oils imparting substances. Increasing levels of water and air pollution have proposed government authorities to treat industrial water waste. This is applicable in various industries, such as paper & pulp, paints & dyes, and chemicals, to install water treatment units.

However, high prices of raw materials due to shortage are anticipated to hinder market development.


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Beverage Cans Market | Top Leading Countries, Companies, Trends, Analysis, Revenue, Challenges and Global Forecast 2027
The global beverage cans industry 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 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.

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.


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https://www.fortunebusinessins....ights.com/beverage-c

Nanocomposites Market Growth Analysis, Opportunities, Forecast, Trends, Regional Outlook by 2027
The global nanocomposites industry size is projected to reach USD 14.34 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of market growth. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Nanocomposites Market Size, Share & COVID-19 Impact Analysis, By Type (Polymer, Metal, Ceramic, Others), By Product (Carbon Nanotubes, Nanoclay, Graphene, Nanofiber, Others), By Application (Packaging, Electrical & Electronics, Automotive, Aerospace & Defense, Others), and Regional Forecast, 2020-2027” the market was worth USD 4.32 billion in 2019 and will exhibit a CAGR of 16.3% during the forecast period, 2020-2027.

Increasing Number of Company Collaborations will Emerge in Favor of Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting for the increasing demand for the product, there is a healthy market competition across the world. The strong market competition has encouraged companies to adopt newer strategies that have helped them establish a stronghold in the market. In July 2020, PPK announced that it has partnered with Geelong’s Deakin University for the development of a new product integrated with nanocomposites. The companies will develop boron nitride nanotubes (BNNT) for new dental nanocomposites. An increasing number of such company collaborations will have a huge impact on the growth of the overall market in the forthcoming years.

Asia Pacific to Emerge Dominant; Presence of Several Large Scale Companies will Emerge in Favor of Market Growth

The report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing use of nanocomposites by large-scale companies in the Asia Pacific will fuel the demand for the product across the world. The increasing investments in the research and development of efficient products will also emerge in favor of market growth. Additionally, the increasing use of nanocomposites in the electronic industry will have a huge impact on the growth of the regional market. As of 2019, the market in Asia Pacific was worth USD 1.65 billion and this value is projected to rise at a considerable pace in the coming years.

Industry Developments:

July 2019: Researchers from the University of California, Santa Barbara, and the University of Hawaii have synthesized nanoparticles that can be used for 3D printing.

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https://www.fortunebusinessins....ights.com/nanocompos

Heat Transfer Fluids Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2021-2027
The global heat transfer fluids industry size is projected to reach USD 5,372.24 million by the end of 2027. The increasing demand for concentrated solar power will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Heat Transfer Fluids Market Size, Share & Industry Analysis, By Type (Silicone Fluids, Aromatic Fluids, Mineral Oils, Glycol Based Fluids, and Others), By Application (Oil & Gas, Chemical, Concentrated Solar Power, Food & Beverages, Plastics, Pharmaceutical, HVAC and Others), and Regional Forecast, 2020-2027,” the market was worth USD 3,477.90 million in 2019 and will exhibit a CAGR of 5.78% during the forecast period, 2020-2027.

Heat transfer fluids are widely used in several industry verticals including oil and gas, healthcare, chemicals, pharmaceuticals, and others. These fluids are used to transfer heat over two objects or areas; wherein they cool one side of the process and heat and store on the other side. The presence of several large scale companies with a wider consumer base and excellent product portfolios will open up a huge potential for the growth of the market. The massive investment in the research and development of efficient products will emerge in favor of market growth. The rising demand for concentrated solar power will contribute to the growing adoption for the product across the world. The increasing demand for the product will have a direct impact on the businesses of large scale enterprises as well as SMEs across the world.

Increasing Number of Company Mergers Will Emerge in Favor of Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. The massive investment put in by major companies for the development of efficient products will bode well for the growth of the market in the coming years. In April 2019, Eastman Chemical announced that it has completed the acquisition of Marlotherm. The company possesses an attractive range of heat transfer fluids and intellectual property. The company also possesses proper formulations and a wider consumer base, in addition to the aforementioned factors. Through this acquisition, the company will look to expand its heat transfer fluids across the world. Eastman’s acquisition of Marlotherm will not just benefit the company but will have a direct impact on the growth of the overall market in the coming years.

North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth

The report analyzes ongoing market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in North America is projected to emerge dominant in the coming years. The stringent regulations surrounding the overall carbon emissions will lead to a wider adoption of heat transfer fluids across this region. Moreover, the high investment in product innovations will bode well for market growth. The market in North America will derive substantial growth from the presence of several large scale manufacturers in this region. As of 2019, the market in 2018 was worth USD 834.52 million and this value is projected to increase further in the coming years.

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