ameliaj

Refrigerants Market Emerging Opportunities and Future Outlook 2032

The global refrigerants market size was valued at USD 24.20 billion in 2023 and is projected to grow from USD 26.11 billion in 2024 to USD 47.98 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period. North America dominated the refrigerants market with a market share of 30.58% in 2023. The growth can be attributed to the surging demand for green refrigerants coupled with the increasing number of cold stores globally. The product demand comes from various end-use industries, especially the automotive sector.

Fortune Business Insights™ cites this information in its research report, titled “Refrigerants Market, 2024-2032”.

Get a Free Sample PDF Report On Refrigerants Market: https://www.fortunebusinessinsights.com/enquiry/sample/refrigerant-market-101745

List of Key Players Mentioned in the Report:

Air Liquide Advanced Technologies (France) Linde plc (Ireland) A-Gas (England) The Chemours Company (U.S.) Tazzetti S.p.A. (Piedmont) AGC Inc. (Japan) DuPont (U.S.) Honeywell International Inc. (U.S.) Arkema (France) DAIKIN INDUSTRIES, Ltd. (Japan) Segments:

Hydrocarbons Segment to Gain Immense Traction Owing to Rapid Industrialization in Emerging Economies

Based on type, the market is classified into hydrocarbons, fluorocarbons, and inorganic refrigerants. The hydrocarbon segment held a leading market share in 2022. This was on account of rising industrialization in developing nations coupled with the extensive product usage in residential and commercial applications.

Refrigeration Segment to Lead Due to Surging Equipment Demand

With respect to application, the market is classified into refrigeration, air conditioning, and others. The refrigeration segment held the largest market share in 2022. This can be credited to the surging purchasing power of the middle-class population for consumer goods such as refrigeration equipment. The segment expansion can also be ascribed to surging industrialization and deteriorating weather conditions.

Industrial Segment to Dominate Owing to Rising Product Adoption

Based on end-use industry, the market is categorized into commercial, domestic, and industrial. The industrial segment captured the major market share in 2022. Stringent environmental regulations by the government, especially on manufacturing plants, coupled with surging industrial pollution in emerging nations, has bolstered the demand for refrigerants.

On the basis of region, the market for refrigerants is subdivided into Europe, North America, Asia Pacific, the Middle East & Africa, and Latin America.

Report Coverage:

The report provides vital insights into the key trends and drivers, presenting lucrative opportunities for market growth throughout the estimated period. It also offers a comprehensive coverage of the major strategies opted by leading market players to extend their global footprints.

Drivers and Restraints:

Market Value to Grow Owing to Rising Product Usage in Transportation

One of the major factors propelling the refrigerants market growth is the surging usage of transportation globally. Moreover, increasing demand for medicines, frozen food, and new therapeutic treatments within the cold chain has further proliferated the demand for reliable refrigerated transport, augmenting market growth.

However, the flammability and toxicity issues may present major barriers to product uptake.

Regional Insights:

North America to Become the Prominent Growth Hub Owing to Rising Product Demand from Transportation Sector

The North America refrigerants market share is projected to dominate over the forecast period. This rise is on account of the growing product demand from the automotive and transportation sectors.

The Asia Pacific market is poised to exhibit appreciable growth over the estimated period. The regional growth is driven by improved living standards of people and rapid urbanization.

Information Source: https://www.fortunebusinessinsights.com/industry-reports/refrigerant-market-101745

Competitive Landscape:

Prominent Companies Emphasize on Product Innovations to Strengthen their Market Positions

Major industry players are focusing on product innovations to enhance their position. They are also investing heavy amounts into R&D activities to launch new products. Additionally, they are emphasizing on mergers and acquisition strategies to bolster their market positions.

Key Industry Development:

January 2022- Honeywell, a multinational conglomerate corporation, unveiled Solstice N71(R-417A), a new low-global warming potential refrigerant for the supermarket space.

Graphite Market Size to Surge from USD 8.32 Billion to USD 13.35 Billion During 2025–2032

The global graphite market size was valued at USD 7.80 billion in 2024. The market is projected to grow from USD 8.32 billion in 2025 to USD 13.35 billion by 2032, exhibiting a CAGR of 6.9% during the forecast period. Asia Pacific dominated the graphite market with a market share of 56.02% in 2024. Graphite refers to a naturally soft and lightweight element featuring nonmetallic and metallic attributes, which make it suitable for different industrial applications. The high deployment of the product in refractories, coupled with the rising demand for Electric Arc Furnaces (EAF), is propelling the market growth.

Fortune Business Insights™ provides this information in its research report, titled “Graphite Market, 2025-2032”.

Tariff Impact Analysis for Graphite Market: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/graphite-market-105322

List of Key Players Mentioned in the Report:

AMG (Germany) Asbury Carbons (U.S.) Eagle Graphite (Canada) Grafitbergbau Kaisersberg GmbH (Austria) Imerys S.A. (France) Stoker Concast Pvt. Ltd. (India) BTR NEW Material Group Co., Ltd. (China) Nacional de Grafite (Brazil) SGL Carbon (Germany) Mineral Commodities Ltd. (Australia) Superior Graphite (U.S.) Tirupati Carbons & Chemicals Pvt. Ltd. (India) Segmentation:

Massive Uptake of Synthetic Products to Impel Segment Expansion

On the basis of product, the market is bifurcated into synthetic and natural. The synthetic segment captured the largest market share in 2023. The extensive uptake of synthetic products among consumers is augmenting the segment’s growth.

Surging Demand from the Aerospace Industry to Propel Refractories Segment Growth

In terms of application, the market is divided into friction products, foundries, recarburising, batteries, refractories, lubricants, and others. The refractories segment accounts for the largest graphite market share. The growing demand from industries, including building, metal manufacturing, aerospace, and automotive, coupled with quick industrial development, are fostering the refractories segment expansion.

From the regional perspective, the market is segmented into Latin America, North America, Asia Pacific, North America, and the Middle East & Africa.

Report Coverage

The market research report highlights the major strategic moves undertaken by prominent companies in detail. It further offers vital insights into the notable industry developments, key segments, and the impact of the COVID-19 pandemic on market growth. Other aspects of the report include the key driving and restraining factors affecting the market growth.

Drivers and Restraints:

Surging Demand from the Refractory Industry to Escalate the Market Growth

The product is highly resistant to higher temperatures or heat; hence, the refractory industry is its largest end-user, holding almost 50% of the global demand. Moreover, the product is deployed by this industry for the development of products for high-temperature conditions, including incinerators, furnaces, reactors, and linings for kilns. Thus, these factors are fostering the graphite market growth.

However, the growing export duties may hamper the market’s expansion.

Regional Insights:

Asia Pacific Led Due to High Product Usage in Steel Industry

Asia Pacific occupied the largest share of the market in 2023. The region is a hub for automotive, lithium-ion batteries, and steel production. The product’s heavy development in these three industries drives regional growth.

North America’s market growth is slated to flourish owing to the region’s plan to expand its battery production capacity.

Information Source: https://www.fortunebusinessinsights.com/graphite-market-105322

Competitive Landscape:

Leading Companies Focus on Capacity Expansions to Meet the Surging Product Demand

Key manufacturers in the market study include Asbury Carbons, AMG, Grafitbergbau Kaisersberg GmbH, EagleGraphite, BTR NEW Material Group Co., Ltd., Mineral Commodities Ltd., Nacional de Grafite, SGL Carbon, and Imerys S.A. A wide range of competitive strategies, including the launch of new products, partnerships, and mergers & acquisitions, are being adopted by top players to reinforce their industry position. Several market leaders are focusing on capacity expansions to meet the rising product demand.

Key Industry Development:

February 2023: POSCO Chemical began constructing its second manufacturing plant for synthetic graphite anode materials, capable of producing 10 kilotons annually. With this expansion, the North Gyeongsang plant's total capacity will increase to 18 kilotons.

Graphite Market Size to Surge from USD 8.32 Billion to USD 13.35 Billion During 2025–2032

The global graphite market size was valued at USD 7.80 billion in 2024. The market is projected to grow from USD 8.32 billion in 2025 to USD 13.35 billion by 2032, exhibiting a CAGR of 6.9% during the forecast period. Asia Pacific dominated the graphite market with a market share of 56.02% in 2024. Graphite refers to a naturally soft and lightweight element featuring nonmetallic and metallic attributes, which make it suitable for different industrial applications. The high deployment of the product in refractories, coupled with the rising demand for Electric Arc Furnaces (EAF), is propelling the market growth.

Fortune Business Insights™ provides this information in its research report, titled “Graphite Market, 2025-2032”.

Tariff Impact Analysis for Graphite Market: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/graphite-market-105322

List of Key Players Mentioned in the Report:

AMG (Germany) Asbury Carbons (U.S.) Eagle Graphite (Canada) Grafitbergbau Kaisersberg GmbH (Austria) Imerys S.A. (France) Stoker Concast Pvt. Ltd. (India) BTR NEW Material Group Co., Ltd. (China) Nacional de Grafite (Brazil) SGL Carbon (Germany) Mineral Commodities Ltd. (Australia) Superior Graphite (U.S.) Tirupati Carbons & Chemicals Pvt. Ltd. (India) Segmentation:

Massive Uptake of Synthetic Products to Impel Segment Expansion

On the basis of product, the market is bifurcated into synthetic and natural. The synthetic segment captured the largest market share in 2023. The extensive uptake of synthetic products among consumers is augmenting the segment’s growth.

Surging Demand from the Aerospace Industry to Propel Refractories Segment Growth

In terms of application, the market is divided into friction products, foundries, recarburising, batteries, refractories, lubricants, and others. The refractories segment accounts for the largest graphite market share. The growing demand from industries, including building, metal manufacturing, aerospace, and automotive, coupled with quick industrial development, are fostering the refractories segment expansion.

From the regional perspective, the market is segmented into Latin America, North America, Asia Pacific, North America, and the Middle East & Africa.

Report Coverage

The market research report highlights the major strategic moves undertaken by prominent companies in detail. It further offers vital insights into the notable industry developments, key segments, and the impact of the COVID-19 pandemic on market growth. Other aspects of the report include the key driving and restraining factors affecting the market growth.

Drivers and Restraints:

Surging Demand from the Refractory Industry to Escalate the Market Growth

The product is highly resistant to higher temperatures or heat; hence, the refractory industry is its largest end-user, holding almost 50% of the global demand. Moreover, the product is deployed by this industry for the development of products for high-temperature conditions, including incinerators, furnaces, reactors, and linings for kilns. Thus, these factors are fostering the graphite market growth.

However, the growing export duties may hamper the market’s expansion.

Regional Insights:

Asia Pacific Led Due to High Product Usage in Steel Industry

Asia Pacific occupied the largest share of the market in 2023. The region is a hub for automotive, lithium-ion batteries, and steel production. The product’s heavy development in these three industries drives regional growth.

North America’s market growth is slated to flourish owing to the region’s plan to expand its battery production capacity.

Information Source: https://www.fortunebusinessinsights.com/graphite-market-105322

Competitive Landscape:

Leading Companies Focus on Capacity Expansions to Meet the Surging Product Demand

Key manufacturers in the market study include Asbury Carbons, AMG, Grafitbergbau Kaisersberg GmbH, EagleGraphite, BTR NEW Material Group Co., Ltd., Mineral Commodities Ltd., Nacional de Grafite, SGL Carbon, and Imerys S.A. A wide range of competitive strategies, including the launch of new products, partnerships, and mergers & acquisitions, are being adopted by top players to reinforce their industry position. Several market leaders are focusing on capacity expansions to meet the rising product demand.

Key Industry Development:

February 2023: POSCO Chemical began constructing its second manufacturing plant for synthetic graphite anode materials, capable of producing 10 kilotons annually. With this expansion, the North Gyeongsang plant's total capacity will increase to 18 kilotons.

Recycled Packaging Market USD 77.16 Billion Valuation Projection 2025–2032

The global recycled packaging market was estimated at USD 48.69 billion in 2024 and is poised for significant growth in the coming years. Forecasts indicate that the market will expand to approximately USD 77.16 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.01% during the 2025–2032 period. In 2025 alone, the market is expected to reach USD 51.28 billion. Among the global regions, Asia Pacific emerged as the dominant player, commanding a substantial 35.51% market share in 2024.

Recycled packaging refers to a segment of the packaging industry that focuses on the production and utilization of packaging materials that have been previously used and then processed for reuse in the manufacturing of new packaging products. The primary objective of recycled packaging is to reduce the environmental impact associated with packaging materials by promoting a circular economy and minimizing waste.

Tariff Impact Analysis for Recyclable Packaging Market: https://www.fortunebusinessinsights.com/enquiry/sample/recyclable-packaging-market-108092

List of Key Companies Profiled:

Amcor Plc (Switzerland) Mondi Group (U.K.) Berry Global Inc. (U.S.) Smurfit Kappa (Ireland) Ball Corporation (U.S.) Mauser Packaging Solutions (U.S.) WestRock Company (U.S.) Schütz GmbH & Co. KGaA (Germany) International Paper (U.S.) Huhtamaki Inc. (Finland) Tetra Pak (Switzerland) Drivers of Market Growth

The increasing awareness around environmental sustainability and the urgent need to reduce plastic waste are key factors propelling the demand for recycled packaging. Governments worldwide are implementing stringent regulations and offering incentives to encourage the use of eco-friendly materials, which is further fueling market growth. Additionally, consumers are becoming more environmentally conscious, prompting brands to shift toward recycled and recyclable packaging solutions.

Market Segmentation

The recycled packaging market can be broadly segmented based on material type, packaging type, end-use industry, and region:

By Material: Paper & cardboard, plastic, metal, glass By Packaging Type: Rigid packaging (boxes, bottles, containers) and flexible packaging (bags, pouches, wraps) By End-Use Industry: Food & beverages, personal care, pharmaceuticals, electronics, logistics, and retail Among these, paper and cardboard remain the most widely used recycled materials due to their ease of recycling and widespread availability.

Understanding Recycled Packaging

Recycled packaging refers to packaging products that are made from reused materials, including paper, plastics, metals, and glass. These materials are collected, processed, and reformed into new packaging components, reducing the need for virgin resources. The approach not only conserves natural resources but also minimizes environmental footprints associated with manufacturing and disposal.

Key Trends and Innovations

Circular Economy Initiatives: Corporations and industries are adopting circular economy principles, focusing on reusing, recycling, and minimizing waste throughout the product lifecycle.

Technological Advancements: Innovations in material science have led to the development of high-quality recycled materials that maintain the durability and aesthetic appeal of traditional packaging.

Biodegradable and Compostable Packaging: While recycled packaging remains crucial, it's often used in combination with biodegradable solutions to meet various sustainability goals.

Digitalization and Smart Packaging: Smart technologies are being integrated into recycled packaging to improve traceability, inform recycling processes, and enhance customer engagement.

Regional Insights

Asia Pacific: This region leads the global market due to rapid industrialization, high consumption rates, and increasing environmental regulations in countries like China, Japan, and India.

North America and Europe: These regions follow closely, driven by robust waste management infrastructure, government policies favoring sustainable practices, and growing consumer demand for green products.

Challenges and Restraints

Despite its growth, the recycled packaging market faces several hurdles:

Quality concerns: Recycled materials may have limitations in strength or food safety compared to virgin materials.

Cost implications: Recycling processes can be cost-intensive, especially when sorting and contamination control are involved.

Supply chain complexity: Fluctuations in the availability of recyclable waste materials can affect production and pricing.

Opportunities and Future Outlook

The future of the recycled packaging market looks promising, thanks to several emerging trends and opportunities:

Circular Economy Initiatives: Governments and corporations are increasingly committing to zero-waste targets and circular economy strategies, which are likely to accelerate the adoption of recycled packaging.

Investment in Infrastructure: Public-private partnerships are investing in advanced recycling infrastructure, particularly in regions where waste management systems are underdeveloped.

Innovation and Material Development: Companies are exploring novel materials such as recycled ocean plastics, biodegradable blends, and reusable packaging models, opening new avenues for market expansion.

E-commerce Boom: With the surge in online shopping, there's a parallel demand for sustainable packaging materials in shipping and logistics, further driving the recycled packaging market.

Information Source: https://www.fortunebusinessinsights.com/recyclable-packaging-market-108092

The global recycled packaging market is on a strong growth trajectory, underpinned by increasing environmental awareness, supportive regulations, and evolving consumer behavior. While challenges around cost, quality, and infrastructure remain, the market is well-positioned for long-term success. Companies that embrace innovation and sustainability will not only contribute to environmental well-being but also unlock substantial economic and brand value in the years to come.

How are government regulations affecting Activated Carbon Market size and forecast from 2025–2032?

The global activated carbon market size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period. Asia Pacific dominated the activated carbon market with a market share of 40.7% in 2024. 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, 2025-2032.”

Activated carbon, also known as activated charcoal, is renowned for its exceptional adsorption properties. It plays a pivotal role in several applications, such as air treatment, water purification, and industrial processes. The market has experienced significant growth owing to increasing environmental concerns and stringent regulations.

Tariff Impact Analysis for Activated Carbon Market: https://www.fortunebusinessinsights.com/enquiry/sample/activated-carbon-market-102175

List of Key Players Profiled in the Report

Osaka Gas Chemicals Co., Ltd. (Japan) Donau Carbon GmbH (Germany) Cabot Corporation (U.S.) PURAGEN ACTIVATED CARBONS (U.S.) CARBOTECH AC GMBH (Germany) Kuraray Co., Ltd. (Japan) KUREHA CORPORATION (Japan) Activated Carbon Technologies (Australia) Silcarbon Aktivkohle GmbH (Germany) Ingevity (U.S.) Iluka Resources (Australia) James Cumming & Sons (Australia) Universal Carbons (India) Carbon Activated Corporation (U.S.) Tronox (U.S.) Active Char Products (India) 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.

Report Coverage

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

Reasons to Purchase this Report:

Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges. Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.

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.

Regional Insights

Demand for Safe and Potable Water to Thrust Market Growth in Asia Pacific

Asia Pacific is anticipated to dominate the activated carbon market share due to rising need for safe and pure water. Valuation of the region stood at USD 1.98 billion in 2021. Exponential increase in the population has increased the demand for safe and potable water. China and India are the major countries that require water treatments.

In North America, market is likely to propel owing to increasing demand for air and gas purification applications in the U.S.

In Europe, stringent rules and regulations for safeguarding of environment, including water treatment are expected to propel the demand for activated charcoal.

Competitive Landscape

Key Players to Expand Market Owing to Partnership and Acquisition Strategies

Market players have used acquisition and new product expansion strategies. Cabot Corporation and Kuraray Co., Ltd. have used these strategies to widespread their presence globally. These companies serve in numerous end-user industries which is anticipated to boost market growth. Osaka Gas Chemicals Co., Ltd. uses and develops various technologies to meet consumer needs.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/activated-carbon-market-102175

Key Industry Development

March 2021- Cabot Corporation launched the new ENERMAX 6 carbon nanotube series. This series is set to enhance the battery performance and higher density of energy in batteries. It is also proposed to lower the internal resistance of direct current of battery cell.

Surfactants Market: Why Is Industrial Application Expanding Rapidly by 2032?

The global surfactants market size was USD 45.18 billion in 2023. The market is projected to grow from USD 47.36 billion in 2024 to USD 70.13 billion by 2032 at a CAGR of 4.9% during the forecast period. Asia Pacific dominated the surfactants market with a market share of 40.31% in 2023. The rising demand for cleaning agents from the household sector is likely to fuel the market growth. Fortune Business Insights™ mentions this information in its report titled “Surfactants Market, 2024-2032.”

Surfactants are compounds made from combining liquid, gas, and other chemical compounds that contain minimal surface tension. They are used extensively in household applications because of their ability to effectively eliminate germs and maintain hygiene. They are used in food & beverage, personal care, textile, and household sectors because of their effectiveness and strength. Their emulsifying, washing, and wetting properties are expected to boost its demand from the household sector. They are used in shaving creams, handwashes, and creams because of their lubricating abilities. The compounds are used in shaving creams because of their ability to remove hair in a faster and easier manner. Further, the rising demand for hygiene among consumers is expected to boost demand for effective products among consumers. These factors are likely to fuel the market growth during the upcoming years.

Tariff Impact Analysis for Surfactants Market: https://www.fortunebusinessinsights.com/enquiry/sample/surfactants-market-102385

List of Key Players Profiled in this Market Report

Akzonobel N.V (Arnhem, Netherlands) Clariant AG (Muttenz, Switzerland) BASF SE (Ludwigshafen, Germany) Kao Corporation (Tokyo, Japan) Evonik Industries AG (Essen, Germany) Lion Corporation (Tokyo, Japan) Solvay (Brussels, Belgium) Indorama Ventures Public Company Limited (Bangkok, Thailand) Ashland Global Holdings Inc. (Delaware, U.S.) Croda International Plc (Snaith, U.K.) Stepan Company (Illinois, U.S.) Dow Chemical Company (Michigan, U.S.) Segments

By product, the market is segmented into amphoteric, cationic, non-ionic, and anionic. Based on application it is divided into plastics, industrial & institutional cleaning, food & beverages, textile, personal care, and home care. Geographically, it is grouped into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Highlights of the Report

The report offers a comprehensive examination of the top segments and the newest trends in the market. It expansively debates the drivers as well as the limiting factors and the influence of COVID-19 on the market. Furthermore, it reviews the regional progressions and the tactics undertaken by the market's vital players.

Drivers and Restraints

Increasing Applications from Several Sectors to Boost Market Progress

Surfactants applications are increasing rapidly from the food & beverage, textiles, and home care sector. Its disinfecting ability and effectiveness are expected to increase its adoption. The rising awareness from consumers regarding hygiene is expected to boost its sales. Further, the adoption of the product as an ingredient in hand wash, shampoo, cleaning products, detergent, and sanitizers is expected to boost the product demand. It is used in several Industrial cleaning applications to remove dust particles, by-products, soil, and other impurities. Increasing adoption of the product in hospitals and other medical institutions is expected to boost its sales. Rising per-capita income and evolving consumer lifestyles lead to the adoption of cleaning agents from consumers in developing countries. These factors are likely to fuel the market growth.

However, fluctuating raw material prices and increasing environmental concerns are expected to hinder market progress.

Regional Insights

Robust Demand for Personal Care Products to Boost Market Growth in Asia Pacific

Asia Pacific is expected to hold the largest surfactants market share owing to the rising demand for personal care and home care products from developing countries. The market in Asia Pacific stood at USD 15.81 billion in 2020 and is expected to soar during the upcoming years. Further, low manufacturing and labor costs are expected to boost the chemical compound's production. These factors are likely to influence market progress.

In North America, increased spending capacity and rapid industrialization are likely to boost market progress. Further, the presence of manufacturers such as Formosa Plastics, Dow, and Chevron is likely to promote surfactant sales. Additionally, the emergence of several bio surfactant manufacturers is likely to promote market growth.

In Europe, surfactants' rising demand from the personal care and home care sectors are likely to boost its adoption. Further, the development of the textile, household, and fashion industries is likely to boost the market growth.

Information Source: https://www.fortunebusinessinsights.com/surfactants-market-102385

Competitive Landscape

Prominent Companies Collaborate with Major Players to Improve Brand Image

Prominent companies operating in the market engage in partnership to improve their brand image. For example, Unilever engaged in a partnership with India Glycols and LanzaTech for the production of surfactants made from carbon emissions in April 2021. This strategy may enable the three companies to utilize biotechnology and an organized supply chain to boost their organizational goals. The newly announced surfactant shall be used in the OMO (Persil) laundry capsule scheduled for launch on April 22nd in China. This strategy may enable the partners to improve their brand image globally.

Industry Development

March 2021: BASF and Allied Carbon Solutions Co., Ltd., and Holiferm Ltd. entered into an agreement with each other for the expansion of their position in the active and bio-based surfactants industry. This expansion shall enable BASF to manufacture and develop fermentation-derived, non-fossil-based, and sustainable ingredients in several glycolipids classes and boost the potential for personal care, industrial formulators, and home care products.

Cotton Yarn Market Size, Share & Industry Analysis Report 2032

The global cotton yarn market size was valued at USD 82.81 billion in 2023 and is projected to grow from USD 86.11 billion in 2024 to USD 117.79 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. Moreover, the cotton yarn market in the U.S. is projected to grow significantly, reaching an estimated value of USD 759.55 million by 2032, driven by rising demand from the textile and apparel industries, propelled by fashion trends and sustainable product preferences.

Cotton yarn is made using natural cotton harvested from the cotton plant. These yarns are produced using different types of spinning processes. Based on the spinning process used to manufacture cotton yarn, the yarn produced across the globe can be primarily categorized into two types, carded and combed yarns. This information is provided by Fortune Business Insights™ in its research report, titled “Cotton Yarn Market, 2024–2032”.

Get a Tariff Impact Analysis for Cotton Yarn Market: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cotton-yarn-market-107241

List of Key Players Mentioned in the Report:

Texhong (China) Vardhman Group (India) BROS (China) Weiqiao Textile (China) Lutai Textile (China) Huafu (China) Alok (India) Huamao (China) China Resources (China) Nahar Spinning (India) Nishat Mills (Pakistan) Trident Group (India) Segments:

Carded Yarn Segment to Record Appreciable Growth Due to Surging Product Adoption in Textile Manufacturing

On the basis of type, the market is segmented into combed yarn, carded yarn, and others. Of these, the carded yarn segment is estimated to depict considerable expansion over the forecast period. The rise is due to the increasing usage of the product for manufacturing woolen threads.

Apparel Segment to Depict Substantial Expansion Owing to Growing Yarn Demand

Based on application, the market is fragmented into textiles, apparel, and others. The apparel segment is set to register commendable growth over the estimated period. The surge can be attributed to the escalating disposable income, growing penetration of e-commerce, and others.

Based on geography, the market for cotton yarn has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report gives an in-depth analysis of the significant trends that are expected to drive the global industry outlook over the forthcoming years. It further delves into the key factors boosting market expansion throughout the projected period. These insights have been provided after extensive research and data collation from credible sources.

Drivers and Restraints:

Market Value to Rise Owing to Increasing Support from Government Bodies

One of the key factors propelling the cotton yarn market growth is the increase in government initiatives for supporting the growth of their domestic textile sectors. These initiatives are focused on skill development, creation of infrastructure, and sectoral development in the textile sector.

Different types of yarns have unique characteristics which ultimately influence the type of application it will be employed in and the quality of finished textile goods. For example, combed yarn is produced using high-quality cotton fiber by adding the combing process to the carded yarn.

However, the industry expansion could be hampered due to the high price of the product compared to synthetic yarn.

Regional Insights:

Asia Pacific to Gain Traction Driven by Surging Product Demand from the Increasing Population

The Asia Pacific cotton yarn market share is expected to record substantial expansion over the projected period. The rise can be credited to the escalating product demand from the growing population and an increase in consumer expenditure in the region.

The Europe market is estimated to grow at a lucrative pace over the analysis period. The surge is being driven by the growing demand for raw materials and technical textiles over the forthcoming years.

Information Source: https://www.fortunebusinessinsights.com/cotton-yarn-market-107241

Competitive Landscape:

Pivotal Players Enter into Partnership Agreements to Expand Product Reach

Major cotton yarn companies are focused on the adoption of a series of strategic steps such as mergers, acquisitions, and the formation of alliances to strengthen their position in the market. Some industry players are also undertaking research activities for the development of new products.

Key Industry Development:

May 2022 — Texhong shared plans to establish a key facility in Vietnam to sharply boost its fabric production. The move was taken in a bid to complement the company’s cotton based yarn business.