■ 英語タイトル：Polyurethane (Pu) Film Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR083 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、東南アジア、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The polyurethane (PU) film market is projected to register a CAGR of over 6.5% during the forecast period.

The COVID-19 outbreak across the globe severely impacted the polyurethane (PU) Film market in various sectors. Stoppage or slowdown of projects, restrictions on movements, production halts, and labor shortages to contain the COVID-19 outbreak have led to a decline in the polyurethane market growth. However, it recovered significantly in 2021, owing to rising consumption from various end-use applications, including building and construction and other end-user industries.

Key Highlights

• Over the short term, increasing usage in the footwear and apparel industry is a significant factor driving the market’s growth.
• However, the rising prices of raw materials are a key factor anticipated to restrain the target industry growth over the forecast period.
• Nevertheless, the potential for bio-based TPU is likely to create lucrative growth opportunities for the global market soon.
• The Asia-Pacific region is expected to dominate the polyurethane (PU) films market and is also likely to witness the highest CAGR during the forecast period.

Polyurethane Film Market Trends

Footwear and Apparel Segment to Dominate the Market

• TPUs (thermoplastic polyurethanes) are incredibly durable and flexible plastics. The abrasion resistance, shock absorption, grip on slick surfaces, and low weight of this high-quality material are unrivalled.
• Foamed TPU film is ideal for use as a non-slip, wear-resistant protective covering for the shoe outside, including safety shoes, alpine boots, and hiking boots.
• TPU keeps its unique qualities even when wet, making it a popular material for orthopaedic insoles.
• According to World Footwear, the quantity of footwear produced worldwide reached 22.2 billion pairs and registered growth compared to 20.5 billion pairs in 2020.
• As per the Federal Customs Service of Russia, the import footwear volume in Russia reached 310.85 thousand pairs and registered growth compared to 256.08 thousand pairs in 2020.
• Reebok and Addidas are some of the top brands in the footwear market. According to Addidas, net sales of the Reebok brand worldwide were valued at EUR 1,767 million (USD 1,878.75 million) in 2021.
• The footwear industry is growing at a moderate level across the world. Many major footwear companies are shifting their manufacturing facilities to Asia due to cheap labor availability and the increasing demand in developing countries of the Asia-Pacific.
• All the above factors are expected to drive the market for wood-based panels in the coming years.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region holds a significant share of the PU film market globally and is expected to dominate during the forecast period.
• Asia-Pacific includes the most extensive construction market, which India, China, and Southeast Asian countries lead.
• According to the National Bureau of Statistics of China, the market value of China’s construction industry was valued at USD 1,117.42 billion in 2021 and registered a growth rate of 6.5% compared to USD 1,049.19 billion in 2020.
• China dominates the global footwear industry and is the world’s largest manufacturer and exporter. China exported nearly 7.9 billion pairs of shoes and boots in the first 11 months of 2021. The footwear industry faced a significant decline in the past years. However, the industry is projected to grow faster during the forecast period.
• India’s textile sector is one of the oldest industries in the Indian economy. The industry is highly varied and consists of hand-spun and hand-woven textiles sectors and capital-intensive sophisticated mills.
• The exports of textiles stood at USD 22.89 billion between April 2021 and October 2021. According to India Brand Equity Foundation (IBEF), the textile industry in the country is expected to reach USD 209 billion over the next six years.
• Thus, rising demand from various industries is expected to drive the market studied in the region during the forecast period.

Polyurethane Film Market Competitor Analysis

The polyurethane (PU) film market is consolidated. Some of the players in the market include Covestro AG, SWM, Gerlinger Industries GmbH, DingZing Advanced Materials Inc., and Okura Industrial Co. Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polypropylene Fibers Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR082 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、東南アジア、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、トルコ、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for polypropylene fibers is predicted to register a CAGR of over 2.5% during the forecast period.

The supply chain disruptions, subcontractors and materials shortage, and contract termination to control expenses, all of which occurred due to the COVID-19 pandemic, impacted the market’s growth on a global level. However, post-pandemic, the market is expected to grow steadily.

Key Highlights

• Over the short term, the significant factors driving the market are the rising usage of polypropylene fibers in hygiene and health care and the increasing demand for these fibers from the construction industry.
• Factors such as cheaper substitute availability and lower melting points will likely hinder the market’s growth.
• The prospects of recycled polypropylene fibers are likely to act as opportunities for market growth.
• Asia-Pacific dominated the global polypropylene fibers market, and it is also likely to witness the highest growth rate during the forecast period.

Polypropylene Fibers Market Trends

Textile Industry to Dominate the Market

• PPF applications in the textile industry include fibers, fibrous materials, and other PP-based textile materials, including bed covers, carpets, underlays, rugs, tapes, ropes, clothing (home, sport, children’s protective), technical textiles, and environmentally-friendly textiles. The primary classification of PP staple fibers is carpet, woolen, cotton types, and microfibers.
• Polypropylene ropes are used for agriculture and crop packing. They can also be used in heavy fruit and vegetable plantations to help the fruit/vegetable hold on to its stem or branch.
• Technical filters are used in various industrial applications, such as wet filtration and pharmaceuticals. These filters provide excellent chemical resistance to paints, coatings, petrochemicals, etc.
• According to data from US Census Bureau, synthetic textile exports increased post-pandemic in 2021.
• In recent years, China’s apparel market slowed down and was further hit by the COVID-19 crisis. The apparel industry underwent a significant transition by shifting toward online platforms. By the end of 2023, approximately 58% of China’s market revenue may get generated through online sales.
• The textile industry in the United States is globally competitive in manufacturing raw materials for textiles, yarns, fabrics, apparel, home furnishings, and other textile-based finished products. According to SelectUSA, a governmental organization, the country’s textile and apparel industry is worth nearly USD 70 billion and is one of the largest manufacturing industry sectors.
• Thus, based on the aspects above, the textile segment is expected to dominate the market.

Asia-Pacific to Dominate the Market

• Asia-Pacific dominated the global polypropylene fibers market and is likely to witness the highest growth rate during the forecast period. China is a leading producer of polypropylene fibers due to the high number of large-scale manufacturing activities.
• Several Chinese producers have switched to making polypropylene (PP) fibers amid a spike in the global demand for surgical masks and personal protective gear.
• The companies that recently started producing PP fiber in China are Baofeng, Yan’an Yanchang Petroleum, Shijiazhuang Petrochemical, Dalian Petrochemical, Zhejiang Petrochemical, Shaanxi Yanchang ChinaCoal, and Fushun Petrochemical, among others.
• China is the world’s largest producer and exporter of textiles and clothing. Due to its enormous production capacity, China includes an oversupply of textiles and clothing products.
• However, the increasing labor costs and rising global protectionism weakened its competitiveness. The labor costs in the country increased significantly in recent years and surpassed that of many other countries in Asia.
• China includes the second-largest healthcare industry in the world, after the United States, and its healthcare market is more rigorous, especially in light of the COVID-19 pandemic in 2020. China is expected to account for 25% of the global healthcare industry’s revenue by 2030.
• The healthcare sector in India is expected to reach USD 372 billion by 2022, mainly driven by increasing health awareness, access to insurance, rising income, and diseases. The medical sector in India is benefiting from the growing population at a rate of 1.6% per year. An aging population of over 100 million, rising lifestyle disease incidences, rising incomes, and increased penetration of health insurance are fueling the growth of more sophisticated and accurate medical devices in the industry.
• The hospital industry in India, which accounts for 80% of the global healthcare market, is witnessing colossal investor demand from international and domestic investors. The hospital industry is expected to reach USD 132 billion by 2023.
• In Japan, the 65-and-above demographic represents around 30% of the country’s total population and is expected to reach about 40% by 2050. The rapidly aging Japanese people, the increasing number of patients with chronic and lifestyle diseases, and universal health insurance coverage and regulatory measures are driving the Japanese healthcare market. Japan is boosting its medical sector as its citizens are getting older at a faster rate than the citizens of any other nation.​
• The South Korean healthcare sector is on the brink of a massive changeover. It is because of the rapid growth in the aging population and the lowest birth rate. Over the coming years, the South Korean healthcare market is expected to witness massive development that will address the growing needs of consumers.
• All these factors are expected to boost the polypropylene fibers market in Asia-Pacific over the forecast period.

Polypropylene Fibers Market Competitor Analysis

The global polypropylene fibers market is partially fragmented, with many players. However, the leading company, Indorama Ventures, occupies a considerable market share. Other key players (in no particular order) include Beaulieu Fibers International (BFI), Chemosvit Fibrochem SRO, Radici Partecipazioni SpA, Indorama Ventures, and Mitsubishi Chemical Corporation.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyoxymethylene (Pom) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR081 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、スペイン、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：125 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

Polyoxymethylene (POM) market is expected to register a CAGR of over 3% during the forecast period.

The COVID-19 pandemic impacted the Polyoxymethylene (POM) market, as demand for POM declined due to the economic slowdown. The automotive industry, a significant consumer of POM, was heavily hit by the pandemic, resulting in a drop in POM demand. Furthermore, the supply chain disruption caused by the pandemic impacted the POM market. However, as POM demand surged, the market recovered in 2021. The automobile industry recovered to pre-COVID-19 levels, and demand for POM is projected to rise as the industry ramps up production. Furthermore, the rising demand for consumer electronics and medical gadgets will likely fuel the growing demand for POM.

Key Highlights

• In the short term, significant factors driving the market studied are the intensive use in the electrical and electronics industry and rising demand from the transportation sector. The transportation industry dominated the market and is expected to grow during the forecast period, owing to the increasing automotive sales worldwide.
• However, the growing usage of bio-based materials as an alternative to polyoxymethylene is expected to hinder the market’s growth.
• Increasing new applications in the food packaging industry is likely to act as an opportunity in the future.
• Asia-Pacific dominated the world’s market, with China’s most enormous consumption.

Polyoxymethylene (POM) Market Trends

Intensive Use in the Electrical and Electronics Industry

• POM, owing to its various constructive properties, such as electrical and thermal insulation, easy-to-modify nature, lightweight, and shatter-resistance, is increasingly used in the electrical and electronics segment.
• Some of the essential applications of POM are electric housing, circuit boards, switches and wiring components, enclosures, sockets and connectors, cooling systems, etc.
• Asia-Pacific is expected to witness significant growth in the electronics industry, as China is one of the largest electronics manufacturers globally, followed by South Korea and Japan.
• The electronics industry in South Korea is among the most advanced in the world. It is a major producer of consumer electronics, semiconductors, and other electronic components on a global scale. Some of the world’s largest electronics companies, such as Samsung and LG, are headquartered in South Korea. South Korea produced USD 200.77 billion in 2021, up 25% from the previous year, according to the Korea International Trade Association (KITA).
• Germany is the largest electronics producer in Europe. The market is projected to expand during the forecast period due to the rising demand for more innovative and technologically-advanced products in the industry. Thus, increasing polyoxymethylene (POM) consumption in the electronics market.
• Other trends, such as the digitalization of the automotive industry, have increased POM consumption in automotive electronics applications.

Asia-Pacific Region to Dominate the Market

• Asia-Pacific dominated the POM market, accounting for a significant market share. The region was the largest POM consumption market due to several developing economies. Product consumption is very high in China due to POM’s application in various electrical, electronic, and automobile industries.
• POM is used as a replacement for metal, and due to its lightweight and high strength in various sectors, it increased its consumption in major end-user industries. With rising demand from the developing economies in the region, Asia-Pacific is also projected to register the highest CAGR during the forecast period. The factors above are expected to contribute to the increasing demand for polyoxymethylene consumption in the region during the forecast period.
• According to the China Association of Automobile Manufacturers (CAAM), 47 Chinese power battery companies produced 186.0 GWh in 2021, an increase of 182.3% year on year. The increase in production was primarily due to China’s rapid growth in new energy vehicles (NEVs). China had produced 4.71 million NEVs, and domestic sales exceeded 1.5 million units in 2021, representing a year-on-year increase of more than 80%. Government policies, subsidies, and consumer demand for NEVs fueled this expansion.
• Chain is the world’s largest mobile manufacturing country, accounting for more than 30% of global production in 2022. According to the China Academy of Information and Communications Technology, China’s mobile phone manufacturing capacity is expected to exceed 1.5 billion units by 2022, while domestic mobile phone shipments will be 354.7 million in 2021.
• Considering the factors above, the Asia-Pacific region market is anticipated to rise steadily over the forecast period.

Polyoxymethylene (POM) Market Competitor Analysis

The polyoxymethylene market is partially consolidated, with the top five players accounting for more than 50% of the market. The major companies (not in any particular order) include Polyplastics Co. Ltd, Celanese Corporation, DowDuPont, Korea Engineering Plastics Co. Ltd, and China National Bluestar (Group) Co. Ltd, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyolefin Powder Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR080 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：130 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

Key Highlights

• The polyolefin powder market is expected to witness a CAGR of around 5%. Key factors driving the market are the increasing applications of polyolefin powder in the container sector.
• The usage of polyethylene powder in the rotational molding applications for the manufacture of the container, tanks, automotive fuel tanks, etc., is also expected to drive the market demand.
• However, stringent environmental regulations, pertaining to the use of harmful chemicals in polyolefin production, are major restraints for the market. Moreover, unfavorable conditions arising due to the COVID-19 outbreak is expected to hinder the market growth.

Polyolefin Powder Market Trends

Increasing Demand from Rotomolding Application

• Polyethylene powder is used majorly in rotational molding, owing to available forms of several density types.
• Rotational molding is anticipated to account for the largest share demand, as it offers high flexibility, excellent wrap resistance, consistent shrinkage, and cost-effectiveness to manufacture automotive fuel tanks, water, septic, oil, chemicals tanks, and plastic containers.
• Additionally, it does not require stabilization additives to be thermally stable and can be molded using high temperature, high-speed rotational molding equipment without excessive oxidation.
• Rotomolded polyolefin powder is used in various end-user industries, like rubber compounding, paper coating, ink and paint formulation, and injection molding. Different grades of polyolefin powders can be utilized as per requirements of end-user industries, such as automotive and transportation, paints and coatings, and building and construction.

Asia Pacific to Dominate the Market Studied

• Asia Pacific is anticipated to hold a significant share of the global polyolefin powders market, owing to the increased demand for these powders in rotomolding and masterbatch applications in the region. These applications help in the production of plastic compounds, which are used in numerous industrial applications.
• Moreover, advancements in the automotive and transportation, paints and coatings, cosmetics, toys, tanks, and containers, and building and construction industries in developing economies, such as China and India, are boosting the polyolefin powders market.
• China is expected to dominate the market owing to the growing demand from the home appliance, electronic, and automotive sectors. The increase in sales of household appliances and electronic equipment due to the shift in lifestyle trends and rapid urbanization have raised the consumption of polyolefins.
• China has the world’s largest electronics production base. With the increasing disposable incomes of the middle-class population and the growing demand for electronic products, the usage of polyolefin powders for battery applications and other electronics applications is expected to grow further during the forecast period.
• There has been a rise in the adoption of eco-friendly polyolefins that causes lower emissions and ensures minimal environmental degradation. This can be attributed to growing consumer awareness regarding environmental protection, an increase in efforts to curb plastic waste disposal, and stringent government regulations.

Polyolefin Powder Market Competitor Analysis

The polyolefin powder market is partially consolidated in nature, with a few major players dominating a significant portion of the market. Some of the major companies include LyondellBasell Industries Holdings BV, INEOS, Borealis AG, Mitsui Chemicals, and SABIC, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyolefin Foam Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR079 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The Polyolefin Foam market is projected to register a CAGR of around 5% during the forecast period (2022-2027).

COVID-19 negatively impacted the market in 2020. The COVID-19 pandemic affected the polyolefin foam market because of supply chain and market disruption. During the pandemic, many factories producing polyolefin foam were shut down. There was a change in priority to the health sector; sectors like automotive, construction, footwear, and bedding & furniture were on temporary hold. In construction, polyolefin foam is used as joint filler, backup material, and roof insulation material. It is also used in automobiles as ceiling material and sound-absorbing material.

Key Highlights

• Over the short term, rising demand for polyolefin foam for application in the automotive industry and increasing consumption in the packaging industry are some of the driving factors stimulating the market demand.
• Increasing demand for other polymer foams like polyurethane and polystyrene is expected to hinder the market growth.
• Increasing demand for lightweight applications in various industries and growing demand for bio-based polyols will likely create opportunities for the market in the coming years.
• The Asia-Pacific region is expected to dominate the market and will also witness the highest CAGR during the forecast period.

Polyolefin Foam Market Trends

Increasing Usage in the Automotive Industry

Polyolefin foam is majorly used as ceiling and sound-absorbing material in the automotive industry. Polyolefin foams are also used in exterior, interior, and under-the-bonnet applications in automotive, such as bumpers, body panels, trims, dashboards, door claddings, climate control, and cooling systems air intake manifolds, and battery cases.

Globally the automotive industry is constantly trying to lower the average weight as the lower weight will lead to improved fuel consumption and better performance. Polyolefin foams can be used in both commercial and small private vehicles and in large quantities in buses and coaches and can help reduce the average weight.

According to OICA, in 2021, global motor vehicle production increased from 7,77,11,725 units in 2020 to about 8,01,45,988 in 2021, an increase of more than 3%. In 2021 China, the United States, Japan, India, South Korea, Germany, and Mexico were the top manufacturer of the vehicle globally.

According to EV Volumes, global EV sales reached 6.75 million units in 2021, registering a growth of 108% compared to 3.24 million sales in 2020. Also, globally the share of EVs in sales of light vehicles was 8.3% in 2021 compared to 4.2% in 2020.

Owing to all these factors, the polyolefin foam market will likely grow globally during the forecast period.

Asia-Pacific Region to Dominate the Market

The Asia-Pacific region is expected to dominate the market. In the region, China is the largest economy in terms of GDP. China and India are among the fastest emerging economies in the world.

Asia-Pacific region dominated the global market share. One of the major factors driving the demand for the polyolefin foam market in the Asia-Pacific region is increasing automotive production in countries like China, Japan, and India, which is expected to drive the demand for polyolefin foam in the region.

China, India, the United States, and Indonesia are expected to record significant growth in the construction industry in the coming years. China alone will account for 26.1% of global growth. India is expected to account for 14.1% and the US for 11.1%, while Indonesia is expected to account for 7.0% of global growth, which in turn will be expected to drive the demand for polyolefin foam in the region due to the application of polyolefin foams in building and construction industry.

As per the EV Volumes, In 2021, out of a total of 6.75 million EVs sold, around 3.4 million, i.e., around 50%, were sold to mainland China.

China continues to be the world’s largest automotive producer. China is focusing on increasing the production and sale of electric vehicles in the country. The economic shifts and the U.S.-China trade war affected the Chinese automotive industry.

In India, 4,399,112 vehicles were produced in 2021, which is 30% more than that of 2020. Japan is the third-largest automotive producer in the world, producing 7,846,955 vehicles in 2021, which is expected to increase further in 2022.

Due to all such factors, the region’s polyolefin foam market is expected to have a steady growth during the forecast period.

Polyolefin Foam Market Competitor Analysis

The Global Polyolefin Foam Market is partially consolidated in nature. Some of the major players in the market include (not in any particular order) TORAY INDUSTRIES, INC, BASF SE, JSP, Hanwha Solutions Chemical Division Corporation, and SABIC.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyolefin (Po) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR078 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The polyolefin market is projected to register a CAGR of more than 6% during the forecast period.

Polyolefin is a thermoplastic family that includes polypropylene and polyethylene. It is mostly produced from natural gas and oil by polymerizing ethylene and propylene, respectively. It is made of olefins, hydrocarbons, and monomers and has excellent processability, chemical stability, and long-term durability. It is the most frequently used thermoplastic polymer, with uses ranging from packaging to consumer products to fibers and textiles.

Key Highlights

• Due to its advanced properties, the demand for polyolefin in electronics, automotive, and other industries is expected to boost the market’s growth in the short term.
• Polyolefin provides a good insulation property, offering electric treeing resistance and can become electrostatically charged. Due to this factor, the demand for polyolefins tends to be higher in the electrical and electronic industries.
• However, growing environmental regulations on plastic imposed by various governments may constrain the market.
• Asia-Pacific dominated the market worldwide, with the largest consumption coming from India, China, etc.

Polyolefin (PO) Market Trends

Increasing Demand from Films and Sheets

• Films and sheets include various applications across the transportation, packaging, agriculture, and building and construction industries.
• The agricultural sector is driving the market’s expansion, with demand for polyolefin films and sheets for the greenhouse, mulch, and silage stretch films. The demand is also witnessed in silage sheets and window films, as well as in the medical sector.
• Polyolefin-based agricultural films also protect vegetables from frost, wind, rain, and pests while speeding up the ripening of fruits, vegetables, and flowers, allowing farmers to grow several crops in a year. Polyolefin films also help reduce evaporation, thus saving water.
• On the other hand, polyolefin sheets are used in the building sector. The polyethylene sheeting, which works as a vapor retarder, is installed beneath the slab. These sheets can retard for a longer time and not degrade. As a result, the demand for polyolefin from the construction industry is expanding.
• The Asia-Pacific construction industry is projected to become the largest and fastest-growing industry globally, with a 45% share of the global construction spending coming from the region. This factor is expected to increase the demand for films and sheets in the coming years.
• Due to the abovementioned factors, increasing demand for films and sheets is expected to boost the polyolefin market in the coming years.

China to Dominate the Asia-Pacific Region

• China is one of the fastest emerging economies and one of the biggest production houses in the world. The country’s manufacturing sector is one of the major contributors to its economy.
• The Chinese government announced massive construction plans over the next 10 years, including provisions for relocating 250 million people to new megacities, presenting a significant opportunity for construction chemicals in various application sectors during construction activities to improve building properties.
• China is a major consumer of polyolefin worldwide. The growth is driven by the increasing e-commerce, as the strong courier business led to a spike in demand for plastic packaging.
• Electronic items, such as smartphones, OLED TVs, tablets, and other consumer electronics, are recording the fastest growth in the market. The demand for electronic items is expected to rise with the growing disposable income of the middle-class population, thus driving the demand for polyolefins in the country.
• Such factors will likely increase the demand for polyolefins over the forecast period.

Polyolefin (PO) Market Competitor Analysis

The polyolefin market is consolidated. Some of the major players (not in any particular order) include LyondellBasell Industries Holdings BV, ExxonMobil Corporation, SABIC, LG Chem, and Mitsubishi Chemical Holdings Corporation.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyisobutylene (Pib) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR077 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、メキシコ、カナダ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for Polyisobutylene (PIB), is expected to witness a CAGR of about 5% during the forecast period. The major factor driving the market studied is increasing demand from the adhesives and sealants industry. On the flipside, instability of polyisobutylene being non-UV resistant and unfavorable conditions arising due to the COVID-19 outbreak, are hindering the growth of the market.

Key Highlights

• Polyisobutylene, as a substitute for wool fat in stuffing agents for the production of leather, is expected to offer various opportunities for the growth of the market.
• Adhesives and sealants and lubricant industries are the dominant segments, in terms of demand, over the forecast period.
• Asia-Pacific region dominates the market globally, with the most substantial consumption from countries like China, Japan, South Korea, and India.

Polyisobutylene Market Trends

Increasing Demand from Adhesives & Sealants Industry Segment

• The adhesive and sealant industry is anticipated to witness a CAGR of approximately 5% during the forecast period. Major applications of the polyisobutylene in the adhesive and sealant industry are to seal joints, to seal and protect electrical wirings, and to protect body cavities from moisture. Polyisobutylene is used in adhesive systems in the form of pressure-sensitive and hot-melt adhesives, and are used due to their tackiness, flexibility, and low cohesive strength, mainly in PSAs and hot-melt adhesives.
• Growth in residential construction in the Asia-Pacific region is expected to act as a driver for pressure sensitive and hot melt adhesives. Polyisobutylene sealant is used for damp proofing, rubber roof repair, and maintenance of roof membranes.
• The residential construction growth rate estimations for 2020 for significant economies like India, China, and the United States are 9%, 4%, and 3%, respectively. This, in turn, is likely to create a demand for polyisobutylene from the adhesive and sealant industry in the consuming countries.
• The adhesives & sealants industry is expected to dominate the global polyisobutylene market over the forecast period.

Asia-Pacific Region to Dominate the Market

• Asia-Pacific is expected to be the dominant market for polyisobutylene during the forecast period. It is because the region dominates the market for applications such as tire tubes, adhesives and sealants, lubricants, plasticizers, fuel additives, and electrical insulation.
• Polyisobutylene is widely used in lubricants for modifying/improving the viscosity of the lubricant formulations to the desired final viscosity. The lubricants market is currently witnessing an increasing demand for high-performance lubricants, owing to their better and improved properties, such as reduced flammability, reduced gear wear, and increased service life.
• Polyisobutylene is added to fuel to improve the viscoelastic property. Derivatives of polyisobutylene are used as ash-less dispersants (such as PIBSA) to minimize deposits and prevent oil thickening and formation of sludge. The implementation of stringent environmental regulations and awareness among consumers in the region will also boost the market. The Asia-Pacific fuel additives market is estimated to witness significant growth, at an estimated CAGR of about 5%.
• Thus, rising demands from the polyisobutylene applications mentioned above are expected to drive the growth of the market in the Asia-Pacific region.

Polyisobutylene Market Competitor Analysis

The polyisobutylene (PIB) market is fragmented with the presence of both international and domestic players in the market. The major companies include BASF SE, Braskem, Dowpol Corporation, TPC Group, and The Lubrizol Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyhydroxyalkanoate (Pha) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR076 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global market for Polyhydroxyalkanoate (PHA) is expected to grow at a CAGR of over 3% during the forecast period. The major factor driving the market studied is the growing demand for eco-friendly materials. On the flip side, the higher prices of PHA compared to the conventional polymers and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

Packaging application is expected to dominate the market studied during the forecast period.

Europe is expected to dominate the global PHA market owing to the increasing consumption from countries such as Germany, France, and United Kingdom.

Polyhydroxyalkanoate (PHA) Market Trends

Increasing demand from Packaging Application

• Polyhydroxyalkanoates (PHA) are considered as promising materials that are used for packaging applications. They are used in various applications such as plastic bags, films, boxes, sheets, disposable spoons and forks among others.
• Increasing demand for biodegradable plastics along with governments initiatives of various countries are expected to boost the demand for PHA from packaging and food services application.
• The packaging is one of the key aspects considered by the firms engaged in the manufacturing industry, to ensure aesthetic appeal to the consumers. With the growing number of manufacturing units, food processing plants, and increasing industrial production, the global packaging industry is witnessing robust growth.
• In the last few years, the packaging industry has been experiencing a transition, where the manufacturing and industrial sector has been adapting to flexible packaging. Owing to this, the demand for flexible packaging is rapidly growing in the global packaging industry.
• Additionally, the e-retail business and demand from the food and beverage industry are substantially increasing the packaging requirement in recent times.
• Therefore, the growing demand for packaging and food services is expected to boost the demand for PHA in coming years.

Europe Region to Dominate the Market

• Europe region is expected to account for the largest share of Polyhydroxyalkanoate (PHA) market during the forecast period.
• The packaging industry in Germany has been growing at a rapid pace, owing to the huge increases in domestic e-commerce and rising foreign exports. In addition, the increasing preference for packaged food and beverages has also aided its growth.
• Owing to the positive development in the packaging industry, the demand for advanced packaging has increased in Germany, which is expected to contribute to the demand for the market studied in the coming years.
• There is a growing demand for small size and premium packaging from the personal care and food and beverage sectors in the United Kingdom. The country has been focusing on offering more environmentally friendly packaging, which has increased the demand for PHA from the packaging sector in the country.
• In France, the food manufacturing industry represents about 20% of the French manufacturing industry. The packaging design innovation in the food industry is 43%, compared to other industrial sectors. This has been contributing to the demand for the food packaging in the country.
• Therefore, the demand for PHA in European countries is expected to grow during the forecast period.

Polyhydroxyalkanoate (PHA) Market Competitor Analysis

The global Polyhydroxyalkanoate (PHA) market is partially consolidated in nature. The major companies are Bio-on SpA, PolyFerm Canada, Danimer Scientific, Tianjin GreenBio Materials Co., Ltd., and Kaneka Corporation among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Polyethylene Wax Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MR075 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学・材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for polyethylene wax is expected to grow at a CAGR of about 4% globally during the forecast period. Increasing usage of polyethylene wax in polyvinyl chloride processing coupled with other drivers are driving the market growth. On the flip side, volatile raw material costs, and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

Key Highlights

• The polyethylene wax market is expected to grow during the forecast period owing to the increasing demand from the plastics segment.
• Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Polyethylene Wax Market Trends

Growing Demand from the Plastics Industry

• Polyethylene wax is widely used in the plastics manufacturing owing to its superior characteristics and is expected to grow rapidly during the forecast period.
• Polyethylene waxes are mainly manufactured using one of the following processes direct high-pressure polymerization of ethylene, thermal degradation of high molecular weight polyethylene resins and refining low polymer wax.
• Polyethylene waxes are widely used in plastics manufacturing owing to its anti-sticking properties. Additionally, they also provide more lubrication by modifying viscosity or melt point and improve the dispersion of fillers during plastics manufacturing. They improve plastic’s resistance to heat and increase thermal stability.
• Plastics have become an integral part of our daily life, the growing demand for plastics from various industries such as automotive and packaging is expected to drive the market for polyethylene wax during the forecast period.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for polyethylene wax during the forecast period as a result of the increase in demand for plastics & rubber, paints & coatings and adhesives from countries like India and China.
• In 2019 alone, China produced about 75 million tons of plastic which are about 20% of the total world’s plastic production. Plastic is mainly used in the packaging industry for its light-weight and durability. The increasing e-commerce market is expected to drive the demand for plastics which accounts for around 30% of total plastics consumption. The growing plastics industry is expected to drive the market for polyethylene wax.
• In the textile sector, emulsions made from polyethylene wax improve softening and provide resistance against acids and eliminate yellowing & color change of fabrics.
• As per the Ministry of Textiles annual report 2018-19, India’s textile industry contributes to 7% of industry output in value terms, 2% of India’s GDP and 15% of the country’s export earnings. Currently, India has one of the world’s largest young population and half of the population is under 25. This young group is the largest consumer of apparels and is expected to drive the market during the forecast period.
• Furthermore, China’s National Development and Reform Commission, stated that the domestic sales of apparel and knitwear stood at around USD 172.4 billion for the first 11 months of 2019, which represents growth of about 3% Y-o-Y over same time period in 2018.
• In paints & coatings, polyethylene wax provides better water repellency, improves anti-settling properties and provides abrasion resistance. The growing construction sector in countries like China and India is expected to drive the market.
• The aforementioned factors, coupled with government support, are contributing to the increasing demand for polyethylene wax in the Asia-Pacific region during the forecast period.

Polyethylene Wax Market Competitor Analysis

The global polyethylene wax market is partially fragmented with players accounting for a marginal share of the market. Few companies include Clariant, BASF SE, MITSUI CHEMICALS AMERICA, INC, DEUREX AG and SCG Chemicals Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Float Glass Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA150 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、スペイン、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：200 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global float glass market is expected to be valued at 71.84 million tons by the end of this year. It is projected to register a CAGR of over 5.5% during the forecast period.

The major consumer of float glass is the construction industry. With the restart of a few construction activities after COVID-19, the demand for float glass is coming back on track, which may balance the market for float glass in residential and commercial applications. ​

Key Highlights

• Over the short term, major factors driving the market studied are the increasing demand from the construction industry and the recovering automotive industry.
• Some of the factors restraining the demand for the market studied include the increasing price of raw materials, declining demand for certain types of glasses, and environmental impact related to float glass production, among other scenarios.
• Nevertheless, the huge growth potential of the solar sector is likely to create lucrative growth opportunities in the market studied.
• Asia-Pacific dominated the market across the world, with the most substantial consumption from countries like China and India.

Float Glass Market Trends

Increasing Demand from Building and Construction Segments

• Float glass has become a fundamental element in architectural and design projects, ranging from gleaming skyscrapers to modern co-ops and opulent villas to stylish workplaces. In commercial applications, float glass is becoming increasingly popular. It enables the construction of structures while giving the sense of being outdoors and providing the benefits of being inside and sheltered from the weather.
• In building and construction applications, float glass is majorly used in windows for both functional and aesthetic purposes, which allows clear sight for customers looking out of the window, and at the same time, protects them from the elements such as UV radiation.
• In addition, the growing urban population and the rise in disposable income of the world population are a few other major factors that have significantly boosted the growth of infrastructure and construction activities across the world. The growth of construction and infrastructure development directly links to the demand for float glass, which tends to drive the growth of the market.
• The recent trend suggests a rapid change in building architecture, with the use of float glass in facades and roofs optimizing natural daylight. Furthermore, the market drivers include technologies such as low-E and triple silver insulated goods.
• According to the Institution of Civil Engineers, the volume of construction output is projected to grow by 85%, with a revenue of USD 15.5 trillion across the world in the upcoming decade, led by emerging countries such as India and China and developed countries like the United States. The growing commercial construction in a wide range of sectors, including education, retail, healthcare, office commercials, and so on, increases the demand for float glass, which drives the growth of the market.
• The global construction market was valued at around USD 7.2 trillion the previous year. It is likely to rise with a growth rate of 3.6% in the current year, which is likely to support the demand for float glass from various construction applications.
• According to the American Institute of Architects, overall non-residential building construction in the United States is expected to grow by 3.1% in 2022. The construction of hotels is expected to rise by 8.8% and of office spaces by 0.1% in 2022.
• All such aforementioned developments are expected to drive the demand for float glass in the construction industry through the years to come.​

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for float glass during the forecast period, owing to the demand from industries such as building and construction, solar panels, etc., in the countries like China and India.
• The Chinese government is focusing on the expansion of float glass production capacity projects. Float glass also achieved rapid growth in production and sales in China. As of September 2021, the industry accounted for 299 active production lines with a capacity of 197,600 tons per day. In addition, from January to September 2021, 14 float glass production lines were resumed, with a production capacity of over 9,900 tons per day.
• According to the International Trade Organization, China is the world’s largest construction market and has the highest rate of urbanization across the world. According to data from the American Institute of Architects (AIA) Shanghai, in the next five years, China is likely to have built a city equivalent to 10 in New York since the 1990s. Furthermore, the construction industry is expected to account for 6% of the country’s GDP over the next five years. The Chinese construction sector plays an increasingly important role in stimulating the economy and stabilizing employment.
• The use of automotive glass in the production of windshields, side windows, and rear windows has significantly improved safety in all parameters. According to the International Trade Organization, China remains the world’s largest automotive market in terms of both annual sales and production, with domestic production expected to reach 35 million units by 2025. In 2021, China’s EV industry was worth USD 124.21 billion. In addition, the sales of electric vehicles in China are anticipated to reach 6 million units by the end of this year as demand in the vehicle segment soars.
• In India, in September 2022, Kotak Special Situations Fund (KSSF), managed by Kotak Investment Advisors Limited (KIAL), announced an investment of about INR 450 crore in Gold Plus Glass Industry Limited, a float-glass manufacturer. This investment would accelerate the company’s expansion plans, bring significant benefits to the industry, and help make India self-sufficient in glass, where over 30% of glass demand is currently imported.
• In May 2022, Asahi India Glass’ Board of Directors approved the expansion of its production capacity through the construction of a Greenfield Float Glass plant. The new production plant would be used mainly for internal consumption toward localization of raw glass for auto and architectural processing. All such trends are likely to enhance the demand for float glass in India.
• Some of the major companies operating in the Asia-Pacific region are AGC Inc., Nippon Sheet Glass Co. Ltd, and Guardian Glass LLC.
• All the factors, in turn, are projected to have a significant impact on the market growth in the region during the forecast period.

Float Glass Market Competitor Analysis

The global float glass market is consolidated. The top five players dominated global production with a significant share in the previous year. Some of the key companies in the market include AGC Inc., Saint-Gobain, Guardian Glass LLC, Nippon Sheet Glass Co. Ltd, and Şişecam, among other companies.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Flexible Elastomeric Foam Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA149 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market is expected to register a CAGR of about 5% during the forecast period. One of the major factors driving the market is the increasing demand for flexible elastomeric foam with growing HVAC systems in major economies of the world. However, lack of awareness about the benefits of insulation using elastomeric foams in the emerging economies is expected to hinder the growth of the market studied.

The growing demand of elastomeric foam in the Healthcare Industry is likely to act as an opportunity for the market studied in the coming years.

By application, demand for flexible elastomeric foam in HVAC systems is expected to grow further during the forecast period.

Asia-Pacific dominated the market globally, with the largest consumption from countries, such as China, Japan, and India.

Flexible Elastomeric Foam Market Trends

Increasing Demand for Flexible Elastomeric foam in HVAC Systems

• Elastomeric foams are mainly used in the HVAC and refrigeration operations as an active barrier against the entry of the vapor and moisture into the systems. These are used as a substitute for the natural insulating materials, such as cork.
• The manufacturing method of the elastomeric foam does not include hydrochlorofluorocarbons (HCFCs), chlorofluorocarbons (CFCs), or hydrofluorocarbons (HFCs), which makes them environment-friendly which in turn boosts the flexible elastomeric market.
• The demand for HVAC equipment is rapidly increasing, owing to growing spending in the construction sector and rising disposable incomes across major economies globally.
• Heating, ventilation, and air conditioning (HVAC) units add to the aesthetic value of residential and commercial places. Companies are heavily investing in R&D to manufacture innovative products such as hybrid HVAC equipment that uses multiple sources of energy for heating and cooling applications.
• Owing to the aforementioned factors, the application of flexible elastomeric foam is expected to increase during the forecast period

Asia-Pacific Region to Dominate the Market

• Asia-Pacific dominated the global market owing to the robust demand from developing nations including China, India, and Japan. The region is a manufacturing hub for HVAC and the cryogenic systems are of the propelling factor for the flexible elastomeric foam market growth in the region.
• The largest producers of the flexible elastomeric foam market are based in the Asia-Pacific region. Some of the leading companies in the production of flexible elastomeric foam markets are Era Polymers Pty Ltd, Armacell, Kaimann GmbH, AEROFLEX USA, INC, and Hira Industries LLC among others.
• The Asia Pacific is projected to be the fastest-growing region for in near future on account of increasing acceptance of better thermal and acoustic insulation for end-user applications in countries like India and China.
• The rapid growth in economies and increasing per capita income among consumers in developing countries in the Asia Pacific region are increasing the demand for packaging. This, in turn, is increasing the demand for flexible elastomeric foam.
• Owing to the above-mentioned factors, the market for flexible elastomeric foam in the Asia-Pacific region is projected to grow significantly during the study period.

Flexible Elastomeric Foam Market Competitor Analysis

The Global flexible elastomeric foam market is partially consolidated in nature with only a few major players dominating the market. Some of the major companies are Era Polymers Pty Ltd, Armacell, Kaimann GmbH, Aeroflex USA Inc., and Hira Industries LLC, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Flat Glass Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA148 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、東南アジア、アメリカ、カナダ、メキシコ、イギリス、ドイツ、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：160 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The flat glass market is estimated to register a CAGR of over 5% during the forecast period.

Most manufacturing facilities were shut down due to the pandemic, and automotive production was affected severely, which impacted production facilities for several months due to the lockdown. The supply chain throughout the world was fractured. The economic instability due to the pandemic outbreak has also made developers, in both public and private sectors, rethink their projects as debts mount. This has created a downfall in the construction sector.

Key Highlights

• Over the short term, the growing demand for electronic displays and increasing demand from the construction industry are major factors driving the growth of the market studied.
• However, the impact of the global recession and the resurgence of COVID-19 in China are likely to restrain the growth of the studied market.
• Nevertheless, advancements in the automotive industry and rising initiatives in the solar industry are likely to create lucrative growth opportunities for the global market soon.
• The Asia-Pacific region dominates the flat glass market, with the largest consumption coming from countries such as China, Japan, ASEAN countries, etc.

Flat Glass Market Trends

Construction Industry to Drive the Demand for Flat Glass

• Flat glass is used significantly in the construction industry owing to its wide range of functions, from heat insulation to soundproofing and from safety applications to solar protection.
• Recent advancements in flat glass have enabled the material to exhibit self-cleaning abilities. Organic dirt is broken down by ultraviolet light in sunlight. When it rains, the broken-down dirt is simply washed off the windows, leaving almost no streaks; instead of forming droplets as it would on conventional glass, the water forms a film that covers the entire surface of the glass and takes the dirt with it as it runs off. Thus, self-cleaning glass offers better visibility than conventional glass when it rains.
• The growth of construction and infrastructure development directly links to the demand for flat glass, which drives the market’s growth. The recent trend suggests a rapid change in building architecture, with the use of flat glass in facades and roofs, optimizing natural daylight.
• In North America, the United States has a significant share of the overall residential construction sector in the region. According to the United States Census Bureau, the annual value of residential construction put in place in the United States was USD 802,933 million in 2021, compared to USD 644,257 million in 2020.
• From 2021, a few regions of Asia-Pacific in the construction sector are expected to be one of the fastest-growing sectors in the country. The construction sector is projected to rebound to a growth of 13.9% in 2021, from an 18.7% contraction in 2020.
• According to PwC; Urban Land Institute, industrial real estate had the best prospects among commercial properties in the Asia-Pacific region in 2022 with an index score of 6.99 on a scale of 1-9.
• According to the Institution of Civil Engineers, the volume of construction output is forecasted to grow by 85%, with a revenue of USD 15.5 trillion worldwide in the upcoming decade, led by emerging countries such as India and China and developed countries like the United States.
• The Asia-Pacific is expected to witness the highest growth in new residential construction projects due to the expanding housing construction market in developing countries, like India, and ASEAN countries.
• In India, the construction industry contributes to about 9% of the country’s GDP. 100% Foreign direct investment in the construction industry in India under automatic route is permitted in completed projects for operations and management of townships, malls/shopping complexes, and business constructions. These factors are expected to contribute towards the growth of the market studied.
• According to IBEF, the government has given a massive push to the infrastructure sector by allocating INR 10 lakh crore (USD 130.57 billion) to enhance the infrastructure sector in the Union Budget 2022-23.

China to Dominate the Asia-Pacific Region

• China is the largest producer of flat glass in the world, holding a significant market share in the region. Many manufacturers in China have been geared to create products that meet Western production levels and environmental standards.
• The energy sector is witnessing rising demand for flat glass in solar power applications. China has more solar capacity than any other country in the world. It is home to one of the biggest solar farms in the world in the Tengger Desert. The nation is expected to remain the largest investor in renewable energy for the foreseeable future.
• The Asia-Pacific region holds the highest production share in the global automotive market, with 46,732,785 units in 2021. In 2021, China accounted for about 32.5% of global car production. In the passenger car market, China’s annual production for passenger cars exceeded that of Japan, Germany, India, and South Korea combined. China was also the world’s largest automobile sales market in 2021.
• According to OICA, the total number of vehicle production increased from 25,225,242 units in 2020 to 26,082,220 units in 2021.
• According to CEC; China Energy Portal, as of 2021, China has installed more than 300 gigawatts of solar power capacity. China made great strides in increasing solar power capacity during the forecast period, increasing cumulative capacity from just 125.79 GW in 2017 to 306.56 GW in 2021.

Flat Glass Market Competitor Analysis

The flat glass market is consolidated in nature. The major players include Saint-Gobain, AGC Inc., Guardian Industries, Nippon Sheet Glass Co., Ltd, and Şişecam, among others (not in any particular order).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Flame Retardant Chemicals Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA147 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、オーストラリア・ニュージーランド、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、スペイン、ブラジル、アルゼンチン、サウジアラビア、南アフリカ、カタール ■ 産業分野：化学 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The flame retardant chemicals market is projected to register a CAGR greater than 4% during the forecast period.

COVID-19 negatively impacted the market in 2020. However, the construction industry is recovering fast and is estimated to rise in the coming years, which will stimulate the demand for the flame retardant chemical market.

Key Highlights

• Over the short term, increasing infrastructure activities in Asia-Pacific, a rise in safety standards in building construction, and rising consumer electrical and electronic goods manufacturing are expected to drive the market’s growth.
• Environmental and health concerns regarding halogenated flame retardants and the non-suitability of hydroxides for high-temperature applications are expected to hinder the market’s growth.
• Rising awareness regarding environment-friendly flame retardants and active R&D into non halogenated flame retardants are expected to act as market oppurtunities.
• Asia-Pacific dominates the market across the world due to the high construction activities in the region.

Flame Retardant Chemicals Market Trends

Building and Construction Segment to Dominate the Market

• Household fires are one of the biggest causes of the loss of human life. Due to strict fire safety regulations, flame retardants are used in building materials and products. In buildings, flame retardants are majorly used in structural insulation. Insulations are used in homes and other buildings to maintain a comfortable temperature and to conserve energy.
• The overall Chinese construction industry is expected to increase by 4.6% in real terms in the forecast period. According to the report published by the National Bureau of Statistics of China, construction investment increased by 6.7% in the first half of 2022.
• The Indian government launched National Infrastructure Pipeline (NIP) in 2021, under which investment of 1.4 trillion USD is planned in which the further bifurcation is 24% on renewable energy, 19% on roads and highways, 13% on railways, and 16% on urban infrastructure.
• The United States boasts a colossal construction sector that plays a prominent role in commercial, industrial, institutional, residential, infrastructure, energy, and utility construction. The construction spending during January 2022 was estimated at a seasonally adjusted annual rate of USD 1,677.2 billion. Further, construction spending in the United States rose 1.3% in February, as compared to a seasonally adjusted annual rate of USD 1.677 trillion in January of 2022.
• The pace of growth in the global construction industry is expected to increase during the coming years in regions such as the Middle East. This reflects the huge investment in building and infrastructure that is taking place in Saudi Arabia, the United Arab Emirates, and Qatar. In order to reduce dependence on the oil economy, Saudi Arabia launched various construction and city development projects as part of Vision 2030.
• Germany has the largest construction industry in Europe. The construction industry in the country has been growing at a slow pace, majorly driven by increasing new residential construction activities. The non-residential and commercial buildings in the country are expected to witness significant growth prospects during the forecast period. The growth is likely to be supported by lower interest rates, an increase in real disposable incomes, and numerous investments by the European Union and the German government.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region dominates the global market share. In the Asia Pacific region, China and India are expected to dominate the market’s growth because of large investments in key sectors such as construction, transportation, etc.
• China’s aerospace industry is projected to return to profitability in 2022 after facing a significant decline in the previous years. The Civil Aviation Administration of China (CAAC) has estimated the aviation sector to recover domestic traffic to around 85% of pre-pandemic levels.
• The Centre for Asia Pacific Aviation (CAPA) India, in a report titled India Airline Outlook 2022, indicated that 2022 was expected to see a surge of 52% in domestic and 60% in international air traffic. The air passenger traffic in FY 2022 stood at 48.22 million in the country. Furthermore, the estimated expenditure of Indian travelers through air transport stood at USD 136 billion in 2021. The government is trying to cater to air traffic by increasing the number of airports in the country.
• According to the Japan Automobile Dealers Association, sales of new vehicles larger than 660 CC slipped by 2.9% to 2,795,818 units. The Japan Light Motor Vehicle and Motorcycle Association reported that sales of mini-vehicles fell by 3.8% to 1,652,522 units in the same year.
• As per the International Trade Administration, in 2021, the local production of medical devices in South Korea was valued at USD 11,257 million. The exports of medical devices stood at USD 8,629 million, while the imports from the United States stood at USD 5,353 million.
• The growth in the Malaysian aerospace industry is gaining momentum with the implementation of the National Aerospace Industry Blueprint 2030. The industry is already growing at an average of 5% over the past decade. Airbus, which expects Malaysia to remain its focal point in its supply chain, is looking to increase the value of its supply, source, and MRO operations here to USD 550 million a year by 2023, driven by robust demand for aircraft in the region. This overwhelming scenario in the aerospace industry is projected to aid the low-friction coatings market to exercise very healthy growth rates over the forecast period.

Flame Retardant Chemicals Market Competitor Analysis

The flame retardant chemicals market is a fragmented market, with the top five players accounting for a significant share in the market studied. The major companies (in no particular order) include ICL Group, LANXESS, BASF SE, Albemarle Corporation, and Jiangsu Yoke Technology Co. Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Firefighting Foam Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA146 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The firefighting foam market is expected to register a CAGR of more than 4% during the forecast period (2022-2027).

The COVID-19 pandemic affected the market negatively, but it has since observed growth and is expected to reach pre-pandemic levels by the end of 2022.

Key Highlights

• Major factors driving the market are the increasing demand due to the rise in the number of fire accidents and strict regulations from governments to maintain industrial safety. The absence of a global standard regulatory body is expected to hinder the growth of the market.
• The oil and gas segment dominated the market, and it is expected to grow during the forecast period owing to less maintenance cost.
• Addressing environmental restrictions by finding new foam types is likely to act as an opportunity in the future.
• The Middle-East region dominated the market across the world, with the largest consumption from the countries such as Saudi Arabia, the United Arab Emirates, Iran, Iraq, and Kuwait.

Firefighting Foam Market Trends

Increasing Demand from the Oil and Gas Industry

• Firefighting foams are used in refineries, tank terminals, bulk fuel storage tanks, tank farms, LNG facilities, offshore platforms, and floating production storage and offloading (FPSO), where the main fire risks are hydrocarbon fires (Class B fire). Also, hydrocarbon fires comprise crude oil, fuel, gas, and shale oil.
• Some of the major oil extracting countries are the United States, Saudi Arabia, Russia, Canada, Iraq, and Iran, accounting for about 57% of the total world’s oil extraction.
• Depending upon the class of fire and type of fuel or solvent set on fire, different types of foaming agents are used. The type of foaming agents differs and is customized based on the type of industry.
• The oil and gas industry’s suitable type of foaming agent is aqueous film-forming foam, and it is the fastest considered type of firefighting foam.
• Global oil demand is still reeling from the effects of the pandemic, and it is unlikely to catch up with pre-COVID levels until the end of 2022.
• Owing to all the above-mentioned factors, the market for firefighting foams is expected to grow rapidly over the forecast period.

The Middle-East Region to Dominate the Market

• With the growing oil and gas industry in countries such as Saudi Arabia, Iran, and Iraq, the utilization of firefighting foam is increasing in the region.
• Saudi Arabia leads the production of oil in the Middle-East region. Saudi Arabia pumped on average 9 million barrels per day (b/d) in 2021, and it is projected to pump 9.7 million b/d in 2022 and more than 10 million b/d in 2023.
• In February 2020, the UAE government announced the discovery of new natural gas reserves between Abu Dhabi and Dubai. The newly discovered gas reserves possess about 80 trillion cubic feet of natural gas, and this discovery will certainly help the nation achieve its self-sufficiency in gas production.
• The contribution of all the major countries in the Middle-East region, like Saudi Arabia, Iraq, Iran, and Kuwait, accounts for about 26% of the global share in oil production, which is expected to grow over the coming years, thus, creating the largest market for this sector.
• The aforementioned factors, coupled with government support, are contributing to the increasing demand for firefighting foam in all the above-mentioned sectors during the forecast period.

Firefighting Foam Market Competitor Analysis

The firefighting foam is fragmented, with top players accounting for a minor share of the market. The major companies include SFFECO Global, pgisystems, SaudiFal Company Ltd, Loshareh Chemical Industries, and Naffco.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Fire Protection Materials Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA145 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、オランダ、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：105 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The market for fire protection materials is expected to register a CAGR of greater than 7% during the forecast period.

The industry’s need for fire protection coatings will commendably rise in line with the rising building sector. In 2021, the rise in construction projects all across the world increased the demand for fire protection materials. Increased industrialization and increased use of cementitious and intumescent coatings would enhance the market growth. On the flip side, the technical challenges of passive fire protection products are expected to hinder the growth of the market studied.

Key Highlights

• Urban expansion, increasing technical improvements, and the growing need for comprehensive building protection will all contribute significantly to the market growth.
• The coatings segment accounted for the largest share, holding around 23% of the total market share.

Fire Protection Materials Market Trends

Increasing Demand for Passive Fire Protectant Materials

• Increasing urbanization is considered one of the key reasons for the adoption of passive fire protection in the building industry.
• Concentrated conditions and environments increase the risk of a life-threatening fire. This has increased the demand for integrated and effective passive fire protection not only in buildings but also in other industries, in order to minimize risk and protect human life, their property, and the environment.
• Modern building frameworks are interspersed with multiple utility and network services, including cables, pipes, and ventilation ducts in both horizontal and vertical directions, resulting in countless penetrations through most of the walls and floors.
• Apart from the construction industry, the oil and gas, petrochemical, and power generation industries also require such passive fire protectant materials. In the oil and gas and petrochemical sectors, accidental fire outbreaks pose great risks for workers.
• The engineering of a safety-proof structure is needed to ensure the stability of the structure and make fire and explosion risks manageable. Furthermore, incidents, such as Flixborough, Piper Alpha, Seveso, and BP Texas City disasters, increased the need for fire safety in these industries through the years.

North America to Witness the Fastest Growth

• The US construction industry is one of the largest industries worldwide. According to the US Census Bureau, construction spending during February 2022 was estimated at USD 1,704.4 billion compared to USD 1,533.3 billion in February 2021.
• About 1,859,000 building permits and 1,769,000 housing permits were authorized in February 2022 as per the latest data provided by the US Census Bureau and US Department of Housing and Urban Development.
• The construction industry in Canada boosts the market demand for fire protection materials, dominated particularly by residential construction investment. There are many major construction projects such as office buildings and others scheduled for 2022.
• In Canada, the demand for both residential and non-residential properties increased over the past few years. Building construction investment increased by 1.9% to USD 18.4 billion in December 2021.
• All the above-mentioned factors are likely to drive the market growth in the North American region.

Fire Protection Materials Market Competitor Analysis

Despite the availability of a decent mix of small, medium, and large enterprises in the global market, the fire protection materials market is partially consolidated at the top. Some of the players (not in any particular order) include 3M, BASF, Sika, AkzoNobel, and WR Grace, which have brand recognition, geographical presence, and supply chain foothold. These factors give an added benefit to these companies to generate more traction for their products.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Fiber-Reinforced Polymer (Frp) Composites Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA144 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The Global Fiber-reinforced Polymer (FRP) Composites Market is projected to register a CAGR of over 4.5% during the forecast period.

COVID-19 negatively impacted the market from 2020 to mid-2021. Due to the pandemic, construction activities and manufacturing were stopped temporarily during the lockdown. However, as the pandemic situation is back to normal in most countries and consumption and marketing operations resume at full capacity globally, the market is expected to retain a positive growth rate in 2022.

Key Highlights

• Over the short term, the increasing demand from the construction sector and the growing demand for energy efficiency in the aerospace and automotive industries are expected to drive the market’s growth.
• On the flip side, the high price of raw materials is expected to hinder the market’s growth.
• Nevertheless, the development of new advanced forms of FRP materials, and the recycling of FRP materials are likely to act as an opportunity for the market over the forecast period.
• The Asia-Pacific is expected to represent the largest market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.

Fiber-reinforced Polymer (FRP) Composites Market Trends

Increasing Demand from the Transportation Sector

• Fiber-reinforced polymer (FRP) composites are widely used in the transportation industry in automotive, aircraft, helicopters, and spacecraft to boats and ships.
• In transportation, fiber-reinforced polymer (FRP) composite material is the best alternative to conventional materials like steel or aluminum, owing to weight and cost issues. FRPs are ideal replacements for wood in marine waterfront environments or on ships, where they reduce structural weight and enhance corrosion resistance.
• The global aerospace industry is recovering from the COVID-19 pandemic. Domestic air travel has recovered strongly in several locations, with international traffic gaining traction as restrictions loosen, and is expected to return to pre-pandemic levels by 2023 to 2024.
• Gross aircraft orders from Airbus and Boeing have observed a significant increase in the year 2021 as compared to 2020 and which is further to increase over the coming years.
• According to Boeing, by 2040, the worldwide commercial fleet will exceed 49,000 planes, with China, Europe, North America, and Asia-Pacific countries each accounting for around 20% of new plane deliveries, and the remaining 20% going to other rising markets.
• Over the last decade, growth in passenger air travel averaged 6.5% per year, well above the long-term average of 5%. In this business environment, many of the world’s airlines grew their fleets through deliveries of new aeroplanes and often delayed aeroplane retirements to accommodate passenger demand.
• Furthermore, the global automotive industry is also observing significant growth trends. According to OICA, global automotive production reached 80.14 million units in 2021. The production capacity increased by 3% as compared to 2020.

Asia-Pacific Region to Dominate the Market

• Asia-Pacific is expected to dominate the market for fiber-reinforced polymer (FRP) composites during the forecast period. Due to the high demand for applications from countries like China, and India, the demand for the market studied has been increasing.
• The largest producers of fiber-reinforced polymer (FRP) composites are in the Asia-Pacific region. Some leading companies in producing fiber-reinforced polymer (FRP) composites are Sanderson Theme Constructions, Hengshui Jiubo Composites Co., LTD., etc.
• The aerospace market is expected to rise significantly in the Asia-Pacific region. In China, according to the Boeing Commercial Outlook 2022-2041, around 8,485 new deliveries are expected to be made by 2041, with a market service value of USD 545 billion.
• In Southeast Asia, around 4,255 new deliveries are expected to be made by 2041, with a market service value of USD 245 billion. Owing to such new deliveries in the Southeast Asian region, the demand for the market studied is likely to rise.
• The Indian aviation sector is the third largest domestic aviation market in the world in terms of handling domestic traffic. Fuerther, according to the IBEF, the Indian Aviation MRO industry is likely to grow over USD 2.4 billion by the year 2028.
• According to OICA, around 46.73 million vehicles were produced in the Asia-Pacific region in the year 2021 registering an increase of 6% as compared to the year 2020.
• Further more, in the Asia Pacific, China is the major country which in the midst of a construction mega-boom. The country has the largest building market in the region and in the world, too, making up 20% of all construction investments globally. The Chinese government is estimated to have an annual limit for new infrastructure bonds worth CNY 3.85 trillion (USD 550 billion) in 2022, up from CNY 3.65 trillion (USD 520 billion) in 2021.

Fiber-reinforced Polymer (FRP) Composites Market Competitor Analysis

The global fiber-reinforced polymer (FRP) composites market is partially consolidated in nature, with the top five players accounting for a major share of the market studied. Some key players include (not in any particular order) Hexcel Corporation, Teijin Limited, Toray Industries Inc., SGL carbon, and Mitsubishi Chemical Carbon Fiber and Composites Inc., among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Fiber-Reinforced Plastic (Frp) Recycling Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA143 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、フランス、イタリア ■ 産業分野：材料 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The fiber-reinforced plastic (FRP) recycling market is expected to reach over 95,763 tons by the end of this year and is projected to register a CAGR of around 9% during the forecast period.

The COVID-19 pandemic adversely impacted the market in 2020 due to various trade and operational restrictions. However, after the loosening of restrictions and the retraction of the pandemic in the latter half of 2021, the market recorded a positive growth rate due to the increased use of recycled fiber plastic composites in various end-user industries, such as automotive, building and construction, and others.

Key Highlights

• Over the medium term, the growing accumulation of composite waste, stringent regulations on the disposal of composites, and new strategies to promote the reuse of carbon-fiber-reinforced plastic (CFRP) are expected to drive the market’s growth.
• On the flip side, difficulties faced during the recycling process, lack of proper recycling techniques for CFRP, and the long service life of CFRP resulting in the limited composite waste availability, are expected to hinder the growth of the market studied.
• Continuous developments in the field of recycling composites are likely to act as an opportunity for the studied market.
• The European region dominated the market. However, the Asia-Pacific region is likely to witness the highest CAGR during the forecast period.

Fiber-reinforced Plastic (FRP) Recycling Market Trends

Incineration and Co-incineration Recycling Technique Dominates the Market

• Incineration and co-incineration is the largest segment in terms of recycling techniques. The co-incineration technique dominated the segment due to its growing usage in glass fiber-reinforced plastic (GFRP) recycling.
• Incineration is a thermal technique that permits energy to be recovered from waste combustion heat. Heat can be directly utilized or turned into electricity. The air pollution caused by the combustion of FRP scrap is a disadvantage of this technology.
• Only a 35% efficiency rate is achievable while converting heat to electricity. The fibers are not recovered and have a significant negative impact on the environment as well as a financial loss due to the failure to re-utilize the fibers. In the case of GFRP incineration, about 50-70% of the residue material is mineral and is left as ash, which needs to be landfilled.
• Co-incineration provides for both material and energy recovery. In the co-incineration technique, cement kilns are used for recycling. It is a better, cost-effective option for GFRP waste and offers combined material and energy recovery. Neocomp GmbH, one of the leading recycler across the world, uses the co-incineration technique to recycle GFRP waste.
• However, waste disposal firms recently changed to complete fiber recovery methods, such as thermal, chemical, and other processes, considering the problems caused by incineration and co-incineration, such as climate change and global warming. This shift due to the significant contribution of studies that focus on the recycling of CFRP and GFRP trash.
• Thus, the aforementioned factors are likely to have an impact on the demand for incineration and co-incineration processes in the future.

Europe to Dominate the Market

• The European region is expected to dominate the global market due to the increasing demand from major countries like Germany, Italy, and the United Kingdom, among others.
• In European countries, including Germany, landfilling is prohibited, and hence the adoption of recycled plastics/composites is gaining momentum. The use of recycled FRPs may majorly be found in the construction, aerospace, and wind power industries.
• Recycled FRPs find applications in windmill blades. Wind power is one of the most important drivers of Germany’s transition to renewable energy. The biggest number of decommissioned blades is expected to be found in Germany and Spain, followed by Denmark. Lufthansa permanently decommissioned more than 40 aircraft and axed its Germanwings low-cost arm.
• Wind Europe has advocated for a waste ban on obsolete wind turbine blades throughout Europe by 2025. The wind business in Europe is aggressively committed to reusing, recycling, or recovering 100% of decommissioned blades. This follows the announcement of ambitious blade recycling and recovery plans by numerous industry-leading companies. A landfill ban may hasten the development of environment-friendly recycling technology.
• Furthermore, Italy is active in the FRP recycling market, as it has an established pilot plant for the same. Karborek Recycling Carbon Fibers is a pioneer in Italy and specializes in recycling and recovering carbon fibers. The company’s recycled products are majorly used in the aerospace, automotive, industrial, military, and sports industries.
• All the above-mentioned factors are likely to significantly impact the demand in the market in the years to come.

Fiber-reinforced Plastic (FRP) Recycling Market Competitor Analysis

The fiber-reinforced plastic (FRP) recycling market is highly fragmented. Major recycling companies partner with composites and OEM manufacturers to collect the waste and recycle it. Some major recycling companies (not in a particular order) include Toray Industries Inc., Vartega Inc., Gen 2 Carbon Limited, Ucomposites AS, and Carbon Conversions, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Fiber Cement Market - Growth, Trends, Covid-19 Impact, and Forecast (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA142 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：材料 ■ ページ数：150 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global fiber cement market is estimated to reach over 34,940 kilotons by the end of the current year, and it is projected to register a CAGR of over 4% during the forecast period.

The sporadic outbreak of the COVID-19 pandemic in 2020 and the first half of 2021 drastically curtailed the global construction sector due to imposed government bans and restrictions, thereby limiting the growth of the fiber cement market. Residential real estate was the worst hit as strict lockdown measures across major cities resulted in the suspension of home registrations and slow home loan disbursements. However, the sector has been recovering well since restrictions were lifted. An increase in house sales, new project launches, and increasing demand for new offices and commercial spaces have been leading the market recovery over the last two years.

Key Highlights

• Over the medium term, the rising residential construction across the world is the major driving factor augmenting the growth of the market studied. Furthermore, a plethora of advantages offered by fiber cement, such as exhibiting long service life, representing a sustainable alternative to regular cement, and demonstrating high strength and compatibility to paints, are propelling the construction materials manufacturers to increasingly become more precise in including fiber cement products in the projects they have undertaken.
• On the flip side, the availability of alternative products such as wood, metals, and vinyl is the key factor anticipated to restrain the growth of the target industry over the forecast period.
• Nevertheless, factors like the increasing penetration of fiber cement in the timber frame segment in Europe and the growing replacement of the low-end plywood segment with fiber cement in India are likely to create lucrative growth opportunities for the global market soon.
• The Asia-Pacific is expected to dominate the market during the forecast period. This growth is attributed to the ample developments in the region’s residential and commercial sectors with a higher focus on housing construction for the low-income population which leads to bullish demand for fiber cement in external and internal residential applications.

Fiber Cement Market Trends

Increasing Demand from the Residential End-user Industry

• The residential industry is the major end-user industry for fiber cement which is used for internal claddings, including partition walls, windowsills, ceilings and floors, and tile backer boards in residential construction.
• The widespread use of fiber cement products in the residential industry is due to the various advantages, such as wear and tear resistance to concrete, UV resistance, fire resistance, pest and algae resistance, corrosion-free, aesthetically appealing, and others. In addition, fiber cement products are simple to install, low-maintenance, durable, and cost-effective, as well as offer low noise penetration, and low heating effects which make them the preferred material in affordable housing around the world.
• Architecture ideas for middle-class housing are evolving, along with emerging technologies in construction, like virtual reality, augmented reality, machine learning, etc. Due to such technological advancements, people are able to construct houses at optimal costs and enjoy comfort.​ Residential properties such as apartments, bungalows, and villas are gaining popularity in emerging nations and are mainly driven by urbanization.
• Residential construction in regions, such as North America, Asia-Pacific, and Europe, has been witnessing steady growth in recent times. In Asia-Pacific, residential construction is increasing in countries, including India, China, Indonesia, Singapore, and Vietnam, among others. Whereas, North America and Europe are witnessing growth in residential construction, widely driven by a high demand for residential houses.
• China’s demographics are expected to favor housing construction activities. The growing population has triggered investments in affordable residential colonies by both the public and private sectors. As per the National Bureau of Statistics of China, housing starts in China jumped to 85062 Ten Thousand Square meters in August from 76066.76 Ten Thousand Square meters in July of 2022.
• The United States is going massive in new home construction and home refurbishment. As per the statistics released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, an increase in housing completions in August 2022 was recorded at a seasonally adjusted annual rate of 1,342,000. The value showed an increase of 3.1% from 1,302,000, the value obtained in August 2021. The single-family housing completions registered a 0.4% increase in rate which stood at 1,017,000 in August 2022 while the July 2022 rate was 1,013,000.
• Germany has the largest construction sector in Europe. The German Federal Statistical Office reports the stock of dwellings reaching 43.1 million in 2021 in the country, showing an increase of 0.7% (i.e., 280,000 dwellings) from the previous year and 6.0% in comparison to the total dwellings in 2011. The total number of building permits achieved by Germany’s residential construction sector rose consecutively for the third time in 2021, reaching 129 thousand units.
• To meet the housing needs of Saudi Arabia, the government, in September 2022, announced its intention to build 555,000 residential units with an investment of USD 1.1 trillion under its Vision 2030 program.
• Considering all the above facts and factors, the usage and demand of fiber cement for residential construction applications are expected to grow in the forecast period.

Asia-Pacific Region to Dominate the Market

• Asia-Pacific dominated the worldwide market with a significant market share and is projected to maintain its dominance during the forecast period. The significantly large consumption of fiber cement across all types of construction activities in Asia-Pacific countries is the primary factor driving the growth of the target industry.
• The construction sector in the Asia-Pacific region is the largest in the world and is increasing at a healthy rate, owing to the rising population, increase in middle-class income, and urbanization.​
• China is majorly driven by ample developments in the residential and commercial construction sectors, supported by the growing economy. In China, the housing authorities of Hong Kong launched several measures to push start the construction of low-cost housing. The officials aim to provide 301,000 public housing units by 2030.
• Furthermore, India is likely to witness an investment of around USD 1.3 trillion in housing, over the next seven years, during which, it is likely to witness the construction of 60 million new homes. The rate of availability of affordable housing is expected to rise by around 70%, in 2024 in the country. The Indian government’s ‘Housing for All by 2022’ is also a major game-changer for the industry. This initiative aims to build more than 20 million affordable homes for the urban poor by the end of 2022. This will provide a significant boost to housing construction. This is expected to provide various opportunities for the growth of the fiber cement market in the country in the coming years.
• Furthermore, the smart cities mission is another major project undertaken by the government of India, which will construct more than 100 smart cities all over the country to achieve rapid urbanization in the country. Industrial and commercial infrastructure in the country has emerged as one of the high-growth sectors. The Indian government has been formulating initiatives like easing the rules to attract FDI inflow in the construction sector to expedite development across the nation.
• Many luxury apartments and residential complexes are under construction in Japan. For instance, Mitsubishi State is constructing Japan’s tallest building, which is to comprise 50 luxury apartments, each of which will be able to generate USD 43,000 per month of rent. The project is being built near the Tokyo station and will reach completion by 2027.
• Thailand is one of the largest hubs for tourists and has been witnessing huge investments in the expansion and construction of malls, luxury hotels, etc. The Pattaya Marriott Marquis Hotel is the largest project in Thailand’s pipeline, which may be in operation by 2024, with over 900 guest rooms. This new Marriott Marquis will be part of a dual-property development, which will also include the 398-room JW Marriott and the Pattaya Beach Resort & Spa. Marriott may add four new hotels under three of its brands across Bangkok and Pattaya in Thailand by 2027. Marriott’s portfolio in Thailand includes 45 hotels and resorts, including nine properties with Asset World Corporation.
• All the above-mentioned factors are likely to fuel the growth of the Asia-Pacific fiber cement market over the forecast time frame.

Fiber Cement Market Competitor Analysis

The global fiber cement market is partially fragmented in nature, with no players capturing a significant share of the market studied. Some of the major companies are James Hardie Building Products Inc., Etex Group, NICHIHA Co., Ltd, SCG, and Elementia Materiales.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Ferric Chloride Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA141 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、東南アジア、アメリカ、カナダ、メキシコ、ドイツ、イギリス、イタリア、フランス、ロシア、スペイン、ブラジル、アルゼンチン、サウジアラビア、エジプト、南アフリカ ■ 産業分野：金属 ■ ページ数：120 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The ferric chloride market is expected to register a CAGR of more than 5% during the forecast period.

COVID-19 negatively impacted the market. Owing to lockdowns in various countries worldwide, supply chain constraints significantly obstructed the industry’s expansion. However, the market recovered last year, and it is expected to grow at a significant rate in the coming years.

Key Highlights

• Over the short term, high demand from wastewater treatment plants and increasing stringent norms for treating sewage water and industrial waste to curtail pollution are likely to drive the market’s growth.
• On the flip side, stringent regulations imposed on companies during the manufacturing and shipment of ferric chloride products and the presence of substitute products are likely to hinder the market’s growth.
• Nevertheless, an untapped market for its application as a catalyst is expected to act as an opportunity for the market.
• Asia Pacific is likely to dominate the market over the forecast period owing to increasing water and wastewater treatment plants in the countries such as China, India, and Japan.

Ferric Chloride Market Trends

Increasing Applications in the Printed Circuit Board (PCB)

• Most electronics products use printed circuit boards (PCBs). High-quality PCB manufacturing technology has allowed electronics product manufacturers to produce smaller and more complex products. It is considered the key to today’s dynamic and rapidly progressing electronic innovations.
• Ferric chloride (FeCl3) is widely used in manufacturing printed circuit boards for the etching process. PCBs are used for making electronic circuits. The global economy is rigorously experiencing technological developments, further increasing the demand for PCBs.
• The adoption of PCBs in connected vehicles has also accelerated the market for PCBs, as vehicles are nowadays equipped with both wire and wireless technologies, which enables vehicles to connect with smartphones easily.
• Currently, Taiwan is one of the leading countries in the PCB industry. According to Taipei Printed Circuit Association (TPCA), Taiwan’s Printed Circuit Board industry accounts for around 33.9% market share in the global market,
• Moreover, Taiwan’s printed circuit board (PCB) industry is the largest in the world in terms of value. As per the Department of Statistics, Ministry of Economic Affairs of Taiwan, the total production value of printed circuit boards (PCBs) in 2021 in the country amounted to TWD 161.08 trillion (~USD 5,766.60 million) observed an increase of 4.84% as compared to the year 2020.
• In India, as per India Cellular & Electronics Association, the printed circuit board assembly (PCBA) market size in India was estimated at USD 24 billion in 2022 and is expected to reach USD 88 billion by the year 2026.
• Additionally, the demand for consumer gadgets which implies the usage of printed circuit board (PCBs), such as smartphones, PCs, tablets, and other medical electronics products, is rapidly increasing across the world, with the United States, Germany, the United Kingdom, India, China, and Japan expected to remain at the top of the market.

China to Dominate the Asia-Pacific Region

• China is a major economy in the Asia-Pacific, with the highest number of industries in the world. The country is expected to dominate the global market for ferric chloride due to the major demand from applications such as water and wastewater treatment and printed circuit boards (PCB).
• With the growing economic development in the industrial sector of China, there has been an increase in wastewater generation. The country has around 10,113 water treatment plants that treat wastewater for 95% of municipalities and 30% of rural areas.
• Moreover, China plans to build or renovate 80,000 km of sewage collection pipeline networks and increase sewage treatment capacity by 20 million cubic meters/day between 2021-2025.
• As per the International Trade Administration, the industrial wastewater market in China is expected to reach USD 19.4 billion by 2025. As part of the country’s development strategy to transform into a cleaner and more sustainable economy, China planned to invest USD 50 billion into various heavy-polluting industries to control the wastewater generation from these industries.
• The Chinese government introduced water and soil pollution prevention and control work plans and increased the penalties for violation of the norms.
• After the declaration of the 13th Five Year Plan, the Chinese government initiated the Water Pollution Prevention and Control action plan, which primarily focuses on preventing industries from causing water contamination and has created a significant demand for wastewater treatment chemicals such as ferric chloride in the country.
• Additionally, China is the major manufacturer of printed circuit boards in the world. There are a large number of medium and low-order, single-, double-, or multi-layer PCB products with undefined market demand in mainland China.
• According to industry estimates, there are more than 2,500 PCB manufacturers in the global market, with mainland China itself accounting for more than 1,200 PCB manufacturers in the world.

Ferric Chloride Market Competitor Analysis

The ferric chloride market is partially fragmented, with few players holding the major share in the market. The leading players in the global ferric chloride market include (not in any particular order); BASF SE, Basic Chemical Industries, Tessenderlo Group, Nobian, and Kemira among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

■ 英語タイトル：Fatty Acid Ester Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
	■ 発行会社/調査会社：Mordor Intelligence ■ 商品コード：MOR23MA140 ■ 発行日：2023年1月23日 ■ 調査対象地域：中国、インド、日本、韓国、アメリカ、カナダ、メキシコ、ドイツ、フランス、イギリス、イタリア、ブラジル、アルゼンチン、サウジアラビア、南アフリカ ■ 産業分野：化学 ■ ページ数：190 ■ レポート言語：英語 ■ レポート形式：PDF ■ 納品方式：Eメール（受注後2-3営業日）

The global fatty acid esters market is estimated to reach over 1,771.21 kilotons by the end of the current year, and the market is projected to register a CAGR of over 4% during the forecast period.

The COVID-19 pandemic affected the market negatively in 2020 and the first half of 2021, owing to a decrease in end-user industries such as biofuels and personal care. However, the market has currently reached pre-pandemic levels, and it is expected to grow at a steady rate.

Key Highlights

• The major factors driving the market studied are a growing preference for biodiesels and rising demand for personal care products.
• On the other hand, performance limitations associated with fatty acid esters are likely to hamper the market’s growth in the forecast period.
• Emerging applications and recycling of fatty acid esters are likely to act as opportunities for the market studied in the coming years.
• The European region dominated the market across the world. However, the Asia-Pacific region is expected to register the highest CAGR during the forecast period.

Fatty Acid Ester Market Trends

Increasing Demand for the Fatty Acid Ester Market from Biofuel Applications

• Biodiesels made from fatty acid esters (renewable sources) are safer for the environment. Biodiesel produces fewer toxic pollutants and greenhouse gases than petroleum diesel.
• They can be used in pure form (B100) or can be blended with petro-diesel in the form of B2 (i.e., 2% biodiesel, 98% petroleum diesel), B5 (i.e., 5% biodiesel, 95% petroleum diesel). Likewise, they can be used as B20 and B100. In some cases, biodiesel is used as it is (B100), majorly by large truck companies.
• Biodiesel has also helped several countries to reduce their dependence on foreign oil reserves, as they are domestically produced and can be used in any diesel engine with little or no modification to the engine or the fuel system.
• According to IES, in 2021, biofuel demand reached 155,400 million liters, returning to near-2019 levels. Demand increased by 8,700 million liters Y-o-Y. Biodiesel ((referring to FAME)) demand increased by 0.2% compared to 2019 and 0.3% compared to 2020.
• Over the same period, biodiesel and hydrotreated vegetable oils (HVO) production is predicted to increase by 380,000 barrels per day, mostly due to capacity additions in the United States, Indonesia, and Malaysia.
• According to BP Statistics, in 2021, global biodiesel production reached 734 thousand barrels of oil equivalent per day compared to the 712 thousand barrels of oil equivalent per day that were produced in 2020.
• The biofuel (biodiesel in this case) market is expected to increase at a good pace, owing to its added advantages and safety, which will significantly increase the demand for natural fatty acid esters.

European Region to Dominate the Market

• The European market is the largest market for fatty acid esters (FAEs) owing to the huge demand for biofuels and personal care and cosmetics, majorly from countries such as Germany and France.
• Europe is the largest producer of biodiesel globally. It reached 248 thousand barrels of oil equivalent per day in 2021 compared to the production level in 2011, which recorded about 160 thousand barrels of oil equivalent per day. HVO and biodiesel output in Europe is predicted to reach 320,000 barrels per day in 2026, up from 40,000 barrels per day in 2020.
• As per the new laws passed in the German parliament, the country’s greenhouse gas (GHG) emission reduction obligation is scheduled to increase to 25% by 2030 from 6% presently. The oil companies in the country are expected to increase the use of renewables in transport significantly. In contrast, the number of crop-based biofuels counted toward the blending mandate has been capped at 4.4%, with palm oil-based biofuels banned from 2023 onward.
• According to the Union Zur Förderung von Oel und Proteinpflanzen (UFOP), Germany’s biodiesel production was at approximately 2.38 million tons. The diesel fuel standard DIN EN 590 limits the incorporation rate of FAME (biodiesel) to 7% by volume.
• In Germany, about half of the land is used for agriculture. It is the third largest exporter of agricultural goods in the world. Grain is majorly cultivated on about one-third of the farmland of Germany, where wheat is the leading crop, followed by barley and rye. This is increasing the demand for FAEs from various agricultural applications.
• In 2021, the gross value added of the German agricultural sector accounted for about EUR 19.36 billion (~USD 19.90 billion), compared to EUR 20.62 billion (~USD 21.19 billion) in 2020. Furthermore, in 2020, the German agricultural production value was estimated at EUR 57.59 billion (~USD 59.18 billion), which decreased from EUR 58.53 million (~USD 60.15 billion) in 2019.
• FAEs are used in biofuel applications to reduce carbon footprints. The French government passed a law in 2015 named Loi de Transition Énergétique that includes a commitment to increasing the share of renewables in transport fuels to 15% by 2025.
• According to the report of the BP Statistical Review of World Energy 2022, biofuel production in France accounted for around 48 thousand barrels of oil equivalent per day in 2021 compared to 43 thousand barrels of oil equivalent per day in 2020, an increase of roughly 12% from the previous year.
• FAEs are used in the cosmetics industry as they have a conditioning effect of softening the skin to create a soothing sensation. The French cosmetics products market was valued at USD 2.38 billion in 2021 compared to USD 2.05 billion in 2020, and it is expected to reach approximately USD 3.55 billion by 2026.
• Owing to the aforementioned factors, the European region is likely to dominate the market in the forecast period.

Fatty Acid Ester Market Competitor Analysis

The fatty acid ester market is fragmented in nature, with only a few major players dominating the market. Some of the major companies are Wilmar International Ltd, Avril, Chevron Corporation, Verbio Vereinigte Bioenergie AG, and Cargill Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support