Automotive Lubricants Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029 The global automotive lubricants market size is expected to reach USD 79.91 billion by 2026, exhibiting a CAGR of 1.58% during the forecast period. The growing adoption and popularity of synthetic lubricants in the automotive sector will have a positive impact on the automotive lubricants market growth during the forecast period. The growing innovation in lubricants has improved the overall of quality, which has led to extended oil drain and service intervals, better fuel efficiency, and more extended protection period. This factor will spur demand for lubricants, which in turn, will enable speedy growth of the market. In addition, the increasing awareness regarding the benefits of synthetic lubricants among consumers will aid the market revenue for automotive lubricants in the foreseeable future. According to the published report by Fortune Business Insights, titled “Automotive Lubricants Market Size, Share & Industry Analysis, By Oil Type (Synthetic, Semi-synthetic, and Conventional or mineral), By Product Type (Engine Oil, Gear Oil, Transmission Fluids, Coolant and Brake Fluid & Greases), and Regional Forecast, 2019-2026)” the market size stood at USD 70.25 billion in 2018. The report automotive lubricants market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about automotive lubricants market position, competition model, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner. Competitive Landscape: Inauguration of Lubricant Laboratory by Royal Dutch Shell to Propel Market Royal Dutch Shell, a British-Dutch oil and gas company headquartered in the Netherlands inaugurated the first-ever lubricant laboratory in India. The new lab will help the company to expand and strengthen its R&D activities in the world as well as India. The lab can be play an imperative role in uplifting the automotive lubricants market share during the forecast period due to the technologies to co-engineer products that will help OEMs in improving efficiency and reliability of their equipment along with business development support and maintenance activities of Indian customers. In addition, Country Head, Shell Lubricants India, Mansi Tripathy said in a statement, “OEM partnerships are the main pillars of our technology leadership. At Shell, we are significantly investing in the R&D of lubricants that help us pioneer solutions to support the evolving needs of OEMs and customers." She further added, “the lubricants laboratory is an important milestone in our journey to serve our customers better, accurately matching their requirements. In addition to serving OEMs, this laboratory will also enable us in developing performance data of Shell-branded products relevant to Indian customers. We are proud to lead the way as R&D specialists in serving customers around the world." Information Source: https://www.fortunebusinessinsights.com/automotive-lubricants-market-102681

Agricultural Films Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026 As per a report published by Fortune Business Insights The global agricultural films market size is predicted to reach USD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for plastics in agricultural applications. This, factor will boost the agricultural films market trends. In addition, agricultural film has the capabilities of enhancing the productivity of the crops. Thus, growing demand for agricultural films owing to its capabilities will bolster healthy growth of the market. The agricultural films Industry size stood at USD 8,686.0 million in 2018.The agricultural films market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner. Market Driver: Environmental Concerns to Motivate Chances for Biodegradable Films The growing environmental issues and human health threats has made biodegradable films as an alternative solution for the agricultural films sector. The rising efforts for the development of biodegradable or edible films from biopolymers with an aim to improve crops performance and farming practices among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films are made from natural polymers and are propitious, as it improves crop quality, increases yields, reduces water use for irrigation, enhances control, and pesticides. Moreover, strict government guidelines regarding environment protection will result in the expansion of the market in the forthcoming years. In addition, these films are completely organic, helping the bacterial flora to transform films into water and biomass, carbon dioxide or methane, hence reduction in water pollution. Regional Analysis: Surge in Food Production to Stimulate Growth in Asia Pacific The growing population and Favorable government regulations will propel market in the region. North America is predicted to witness a high growth rate during the forecast period owing to the rising consumers shift towards plant based-food. Europe is predicted to rise perpetually in the forthcoming years owing to the rising use of biodegradable agricultural films in the region. The market in Asia Pacific stood at USD 5,924.4 million in 2018 and is expected to grow rapidly during the forecast period owing to the rising food production in the developing countries such as India and China. The growing use of mulching agricultural films will enable healthy growth of the market in Asia Pacific. Source:https://www.fortunebusinessinsights.com/agricultural-films-market-102701

Silicon Carbide Fibers Market Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges and Global Forecast 2029 The global silicon carbide fibers market size was USD 501.9 million in 2021. The market is projected to grow from USD 572.8 million in 2022 to USD 3,758.4 million by 2029, exhibiting a CAGR of 30.8% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Silicon Carbide Fibers Market, 2022-2029.” Segments: Continuous Segment to Dominate Market Due to High Demand from the Nuclear Power Generation Industry Based on form, the market is segmented into continuous, woven, and others. The continuous segment accounted for the leading silicon carbide fibers market share and is anticipated to continue its dominance during the forecast timeframe. Aerospace & Defense Segment Held Dominant Share Owing to Increased Product Application Areas Based on application, the market is segmented into aerospace & defense, energy & power, industrial, and others. The aerospace segment held the highest silicon carbide fibers market price in 2021. Report Coverage: The report offers a detailed study of the silicon carbide fibers market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the silicon carbide fibers market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. The rising adoption of silicon carbide-based fibers in CERAMIC MATRIX COMPOSITES (CMCs) will flourish the silicon carbide fibers market application growth during the forecast timeframe. The growth is attributed to beneficial characteristics such as superior thermal resistance and high mechanical strength. Additionally, SiC fiber offers excellent properties, including corrosion resistance, oxidation resistance, adjustable resistivity, and low density, making it an ideal reinforcement in CMCs and incomparable to other inorganic fibers. Browse Summary: https://www.fortunebusinessinsights.com/silicon-carbide-fibers-market-107072

Personal Care Contract Manufacturing Market | Global Industry Analysis By Size, Trends, Growth, Opportunity, Share, And Regional Forecast To 2029 According to Fortune Business Insights™, the global personal care contract manufacturing market size will significantly benefit from the rising disposable income in several countries across the world. The presence of several large scale companies will emerge in favor of market growth. “Personal Care Contract Manufacturing Market Size, Share & Industry Analysis By Formulation (Liquids, Creams, Lotions, Oils, Gels, Others), By Application (Skincare, Haircare, Make up &Color Cosmetics, Fragrances & Deodorants, Others) and Regional Forecast, 2022-2029,” the market derive growth from the integration of advanced concepts, that have widened the application scope of the product in the past few years. Personal care contract manufacturing refers to the handling of the manufacturing process associated with personal care products. The primary reason why this concept has gained popularity in the past few years is the complexity associated with manufacturing of personal care products. The rising disposable income and increasing spending power across the world has been pivotal to the growth of the personal care contract manufacturing market in the past few years. The presence of several large scale companies will emerge in favor of growth of the market in the coming years. The increasing number of company collaborations and acquisitions will provide impetus the growth of the market in the foreseeable future. Additionally the integration of advanced concepts has widened application scope, subsequently creating new growth opportunities for companies in this sector. COVID-19 Impact The rapid spread of the coronavirus has created a sense of urgency across the world. With strict measures taken to curb the spread of the disease, several major businesses have come to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global market and discusses how major companies are coping with this. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Increasing Number of Company Mergers and Acquisitions will have a Massive Impact on 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 had the highest impact on the growth of the overall market in recent years. In January 2020, Silgan Holdings announced that it had completed the acquisition of Albea’s dispensing company. The company stated that it spent around USD 900 million towards this acquisition. Through the acquisition of Albea’s dispensing company, Silgan Holdings will gain access to the former’s exceptional portfolio of personal care contractual services. This acquisition will not just help the company grow but will also have a massive impact on the global personal care contract manufacturing market in the foreseeable future. Asia Pacific to Emerge Dominant; Increasing Product Demand will Emerge in Favor of Market Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The rising demand for personal care contractual services in this region will emerge in favor of growth of the regional market. The massive spending power, increasing disposable income, and the constantly rising population in countries such as India and China have contributed to market growth. Browse Summary: https://www.fortunebusinessinsights.com/personal-care-contract-manufacturing-market-102937

Personal Protective Equipment Market Size & Major Factors That Can Increase the Worldwide Demand by 2029 The global personal protective equipment (PPE) market is set to gain impetus from the persistent efforts by manufacturers operating in the U.S. to make the environment cleaner, safer, and greener. Several glove producers are trying to reduce the energy consumption by enhancing the existing machines or developing new ones. In April 2020, for instance, Mallcom (India) Limited announced its plan to introduce new shoe covers and PPE overalls in addition to its recyclable and disposable face mask, especially for the medical industry. This information is given by Fortune Business Insights™ in a new report, titled, “Personal Protective Equipment (PPE) Market, 2021-2028.” As per the report, the PPE market size was USD 128,675.1 million in 2020 and is projected to reach USD 231,630.4 million by 2028, exhibiting a CAGR of 7.6% during the forecast period. Report Coverage- We follow a unique research methodology that contains data triangulation based on bottom-up and top-down approaches. We also conduct extensive primary research to validate the projected market numbers. The information used to estimate the shares of numerous segments at the country, regional, and global levels is gathered through interviews with stakeholders. We derive data from industry journals, SEC filings, paid databases, and other authentic resources. The report includes details, such as drivers, opportunities, restraints, trends, and dynamics of the market. Drivers & Restraints- Rising Cases of Workplace Hazards Worldwide to Augment Growth The rising number of ongoing and planned construction and infrastructure projects, especially in India, China, and the U.S. is anticipated to propel the personal protective equipment market growth in the near future. According to the Occupational Safety and Health Administration (OSHA), in 2019, approximately 5,333 workers died on job. Also, on an average, around 15 deaths took place every day in the same year. Hence, the need to provide construction workers with protective shoes or boots with slip or puncture-resistant soles is set to surge rapidly. At the same time, regulatory bodies of various countries are implementing strict norms to protect workers against falls, electrocution, trench cave-ins, and toxic materials. However, the lack of awareness of workplace hazards may hamper the demand for these equipments. Regional Insights- Increasing Expenditure in Healthcare Sector to Help North America Dominate Geographically, North America earned USD 42,805.7 million in 2020 in terms of revenue and is likely to remain at the forefront. The rising government expenditure in healthcare and medical sectors is expected to drive growth. Besides, the surging awareness of manufacturers and workers about crucial occupational safety measures is set to aid growth. Browse Link: - https://www.fortunebusinessinsights.com/personal-protective-equipment-ppe-market-102015

Petrochemicals Market Size, Share Analysis, Growth, Recent Trends, Business Opportunities to 2028 The petrochemicals market size was USD 371.9 billion in 2020. The market size is expected to rise from USD 582.4 billion in 2021 to USD 888.3 billion by 2028 at a CAGR of 6.2% during the forecast period. The global market is expected to rise during the projected period due to increasing environmental concerns by manufacturers in the market. Fortune Business Insights™ publishes this information in a report titled, "Petrochemicals Market, 2021-2028". Petrochemicals are chemical substances made from oil, coal, and natural gases. These chemicals are majorly used in developing consumer products such as pesticides, shampoos, aspirin, detergents, gasoline, carpeting, and milk jugs. Products such as propylene, ethylene, benzene, and xylene are used in packaging, plastics, rubber, and electronics. Increasing demand for the product in automotive, medical, packaging, construction, and consumer goods sectors will likely boost the market. Report Coverage: The report provides complete information and statistical data regarding market development trends and business strategies adopted by the key players. Furthermore, recent trends and advancements in the industry are discussed further in this report along with key industry developments. The report sheds light on drivers and restraints affecting the market growth and the impact caused due to COVID-19 pandemic. Drivers & Restraints: Increasing Product Demand in Packaging Application to Stimulate Growth The market is expected to witness significant growth in the coming years owing to the rising plastic consumption in developing economies. The utilization of plastic packaging is increased in various industries, thereby boosting the market in segmented regions. Furthermore, increasing industrialization and commercialization is expected to drive plastic utilization during the projected period. Also, cost-effective and eco-friendly characteristics of the produced plastic are anticipated to drive the market. These factors are likely to ensure the global petrochemicals market growth in the segmented regions. However, hazardous effects caused due to petrochemical products may hinder the market growth. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/petrochemicals-market-102363

Aseptic Packaging Market Size, Share Analysis, Growth, Recent Trends, Business Opportunities to 2028 The aseptic packaging market size was valued at USD 53.77 billion in 2020. The market is projected to rise from USD 59.06 billion in 2021 to USD 121.96 billion by 2028 at a 10.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Aseptic Packaging Market, 2021-2028.” According to the analysis, aseptic packaging solutions will gain traction to prevent contamination across the end-use sectors, including food & beverage and pharmaceuticals. Some of the factors, such as thermal stability, chemical resistance and lower level of contamination, are likely to augur well for the business outlook. Report Coverage The report highlights top-down and bottom-up approaches to offer a holistic view of product mapping of both emerging players and well-established companies. Besides, primary sources, including interviews with major stakeholders and opinion leaders, have also been used in the report-making. The report includes secondary sources, such as SEC filings, press releases and website reports, fostering the veracity of the report. The report includes qualitative and quantitative analysis to provide a comprehensive view of the global market. Drivers and Restraints Trend for Natural Food & Beverage Products to Bolster Industry Forecast Millennials and the Gen Z population are slated to exhibit traction for organic and natural food products in the ensuing period. The palpable shift towards natural food & beverage products has prompted the development of quality packaging that can keep food fresh. Stakeholders expect the solution to boost shelf life, fostering the aseptic packaging market growth. Moreover, soaring demand for pharmaceutical drugs has fared well for leading companies vying to bolster their footfall. Regional Insights Stakeholders Tap Asia Pacific Market to Gain Strategic Hold from Pharmaceutical Sector Leading companies are likely to explore potential growth opportunities across China, Japan, Australia and India, largely due to the demand from the pharmaceutical sector. Burgeoning population across the emerging economies could provide promising opportunities in the ensuing period. Besides, the growing footprint of bread & confectionary and cosmetics will trigger investments across Asia Pacific. The North America aseptic packaging market share will witness a commendable gain during the forecast period, partly attributed to investments in the healthcare sector. At the time when the demand for better healthcare has peaked in the U.S. and Canada, packaging technologies will continue to receive impetus. Information Source: https://www.fortunebusinessinsights.com/aseptic-packaging-market-106589

Renewable Chemicals Market Size, Share Analysis, Growth, Recent Trends, Business Opportunities to 2028 The global renewable chemicals market size is predicted to reach USD 252.55 billion by 2028 and exhibit a CAGR of 11.5% during the forecast period. Fortune Business InsightsTM has presented this information in its report titled “Renewable Chemicals Market, 2021-2028”. Furthermore, due to increased greenhouse gas emissions and the depletion of fossil resources, the usage of renewable chemicals and polymers has exploded in many end-user sectors. Additionally, the government's increased promotional actions for eco-friendly and bio-based creations will aid the market's long-term development. Report Coverage- The report delivers data on the renewable chemicals industry in-depth, focusing on critical elements such as key players, product type, applications, and goods. It also contains quantitative data in terms of volume and value, market analysis, market data research methodology, and industry trend insights. It emphasizes essential industry advancements as well as the competitive landscape. In addition to the causes listed above, the report includes several other variables contributing to the market's recent expansion. Drivers & Restraints- Rising Industrial Applications of Renewable Alcohols to Boost Market Growth Renewable alcohols are used in various industrial applications such as solvents, fuel additives, and beverages, which will drive market growth. Renewable alcohols mainly comprise methanol and ethanol. Fuels such as regular gasoline are increasingly blended with ethanol as an oxygenate additive. Bio-based ethanol is also added to the product catalogs of some businesses due to its advantages of being ecologically sound. Regional Insights- Government in the Asia Pacific to Promote Production of Eco-Friendly Products and Chemicals In 2020, the Asia Pacific renewable chemicals market share was valued at USD 71.43 billion. Governments in the region are promoting environment-friendly products and chemicals in response to growing environmental concerns. As a result, demand for these chemicals is increasing, leading to market growth in Asia Pacific. China has the largest market share and is the fastest-growing country in the area. The need for bio-based chemicals in China is fueled by rising bio-polymer manufacturing, increased research and development efforts, and a burgeoning chemical sector. Due to the rise in the e-commerce and food & beverage industries, the U.S. is a prominent contributor in North America. As a result, the demand for ketones and biopolymers in packaging and beverage applications is expanding. The strong demand for the commodity in Europe is linked to the expansion of the automotive sector. The rising use of ethylene glycol fuels regional development as a coolant for engines since it provides greater protection against boil-over, freezing, cavitation, erosion, and corrosion. Browse Detailed Summary: https://www.fortunebusinessinsights.com/renewable-chemicals-market-106572

Bioplastics Market Size, Share And Major Industry Players Forecast (2020-2028) The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. What does the Report Include? The global market for bioplastics report includes 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. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. REGIONAL INSIGHTS Europe – The region is expected to remain dominant and hold the largest global bioplastics market share during the forecast period. The dominance is attributable to the increasing demand for bio-based plastics for packaging purposes in the region. Europe stood at USD 3,460.8 million in 2020. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940

Phosphoric Acid Market Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges and Global Forecast 2028 The global phosphoric acid market is set to gain traction from the decreasing per capita farmland. The population is surging rapidly worldwide. The FAO declared that in South Asia, around 94% of potentially arable land is used. But, in sub-Saharan Africa, only 22% of the land is under cultivation. This information is given by Fortune Business Insights™ in a new report, titled, “Phosphoric Acid Market Size, Share & COVID-19 Impact Analysis, By Application (Fertilizers {Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), Trisodium Phosphate (TSP), Others}, Animal Feed, Food Additives, and Others), and Regional Forecast, 2021-2028.” The report further states that market size was USD 31,367.7 million in 2020 and is projected to reach USD 44,873.5 million by 2028, exhibiting a CAGR of 4.7% during the forecast period. How Did We Conduct Our Research? The report involved four notable activities in projecting the current market size. Exhaustive secondary research was conducted to gather data about the parent and peer markets. Our next step included primary research to authenticate these sizing, assumptions, and findings with numerous industry experts. We have also used bottom-up and top-down approaches to calculate the market size. Regional Insights- Rising Agricultural Activities to Help Asia Pacific Lead in Upcoming Years Geographically, Asia Pacific is anticipated to remain at the forefront in the upcoming years. It generated USD 16,801.5 million in 2020 in terms of revenue. This growth is attributable to the rising consumer spending, agricultural activities, expansion of the chemical industry, and government initiatives. In emerging nations, such as China, the demand for this acid would increase because of the presence of numerous end-use industries. On the other hand, in 2020, Europe and North America together held more than 20% of the global market. The surging usage of phosphoric acid as animal feed and food additives in both regions would accelerate growth. Information Source: https://www.fortunebusinessinsights.com/phosphoric-acid-market-104571