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Eklav bainr
5 hours ago

The global atmospheric water generators market is expected to touch USD 6,214.9 million by 2027 on account of the rising demand for potable water and decline in the availability of freshwater. As per a recent report published by Fortune Business Insights, the value of this market was USD 1,940.8 million and will rise at a CAGR of 18.1% between 2020 and 2027.
Information source:
https://www.fortunebusinessins....ights.com/atmospheri
Drivers & Restraints-
Advent of Smart Technology into Water Generators to Add Impetus
The rise in industrialization and urbanization have led machines to overpower natural habitat. A decline in freshwater sources has been observed so as to provide more space for new buildings and recreational spaces. The decline in the level of freshwater sources, coupled with the increasing industrialization and urbanization are the key factors promoting the atmospheric water generators market growth
Industrial Segment Gained Dominance Owing to High Demand for Water
The global market for atmospheric water generators is dominated by the industrial section based on segmentation by application with a 74.5% share earned in 2019.
Regional Analysis-
The Middle East and Africa Dominated Market Owing to Extreme Water Scarcity
The weather conditions in the Middle East and Africa is majorly responsible for scarcity of water. The aforementioned regions are heavily dependent on desalination plants and water bottles to suffice to their daily needs.

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Eklav bainr
2 months ago

The global epoxy coatings market size was valued at around USD 34.55 billion in 2020. The market is expected to rise from USD 36.53 billion in 2021 to USD 52.13 billion by 2028 at a CAGR of 5.2% during the forecast period 2021-2028. Fortune Business Insights™ has mentioned these insights in its latest research report titled, “Epoxy Coatings Market, 2021-2028.”

Information source :
https://www.fortunebusinessins....ights.com/epoxy-coat

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Eklav bainr
2 months ago

The global wax market is set to gain impetus from their increasing usage in a wide range of applications, such as plastic & rubber additives, candle manufacturing, cosmetics, adhesives, polishes, and coatings. Wax also provides protection to packaged goods from moisture. The report further mentions that the wax market was valued at USD 7,288.9 million in 2019 and is expected to reach USD 9,249.2 million by 2027, thereby exhibiting a CAGR of 3.1% during the forecast period.

This Report Addresses the Following Factors:
• Regions and segments that are expected to dominate or drive market growth.
• Elaborate information about the major sustainability strategies followed by key companies.
• Market drivers, barriers, and upcoming opportunities that will affect growth.
• In-depth analysis of the competitive landscape.
Segment-
Petroleum Segment to Grow Considerably Backed by Rising Usage of Paraffin
In terms of product type, the market is segregated into animal & plant, mineral, synthetic, and petroleum. Out of these, the petroleum segment held 63.5% wax market share in 2019 and would grow considerably throughout the forecast period. Petroleum products mainly consist of micro-crystalline type, petrolatum, and paraffin. Paraffin is the most commonly used product worldwide. It is highly versatile and possesses a low reactive nature. Therefore, it is best suited for several industrial applications. In addition to this, it is cost-effective, unlike the other types. The animal & plant segment would grow at a fast pace owing to the rising demand for non- carcinogenic, as well as bio-based non-toxic products.

Information source:

https://www.fortunebusinessins....ights.com/wax-market

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Eklav bainr
4 months ago

The global anti-counterfeiting packaging market size is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising menace of flagrant counterfeiting on e-commerce platforms is likely to emerge as the central growth driver for this market, according to the new Fortune Business Insights™ report, titled “Anti-Counterfeiting Packaging Market Size, Share & Industry Analysis, By Technology (RFID, Holograms, Barcode, and Others), By End-Use (Food & Beverages, Healthcare & Pharmaceutical, Industrial & Automotive, Consumer Electronics, and Others), and Regional Forecast, 2019-2026”. E-commerce platforms have become a breeding ground for counterfeiters to sell fake products to unsuspecting customers. A study conducted by a community media platform called Local Circles found that approximately 20% of the products sold on e-commerce sites are counterfeit.

The report on this market states that the market value stood at USD 104.5 billion in 2018. Besides this, the report shares the following information:
• Diligent segmentation of the market and careful study of each segment;
• Detailed evaluation of the factors driving and restraining the market;
• Comprehensive research into the regional and competitive dynamics influencing the market; and
• Precise computation of market values and figures.

Market Driver

Concerted Efforts to Tackle Counterfeiting to Boost the Market
Counterfeiting practices are running rampant across all the major sectors and industries around the world. These practices have gained firm ground in critical sectors and have the potential to cause serious, long-term damage to the health of consumers. For example, the World Health Organization estimates that roughly 10% of the pharmaceutical drugs and medicines sold in low- and middle-income countries are fake or substandard. This, and many such findings, has spurred governments into action. For instance, China came out with a law in early 2019 that holds sellers and e-commerce platforms jointly accountable for counterfeit products sold on such platforms. Many leading technology companies are also coming to the fore with advanced solutions. For instance, IBM developed the Crypto Anchor Verifier, an Artificial Intelligence- and blockchain-based counterfeit detector that runs on a smart phone. These independent efforts have considerably augmented the potential of this market.


Regional Analysis

North America to Hold Commanding Lead; Asia-Pacific to Showcase Remarkable Growth
With a market size of USD 37.28 billion in 2018, North America is slated to dominate the anti-counterfeiting packaging market share during the forecast period owing to extensive utilization of superior anti-counterfeiting packaging solutions. This is further propelled by the surging demand for packaged food and beverage products in the region, which is boding well for the market.
Asia-Pacific is expected to present plenty of lucrative opportunities on account of rapid economic growth in India and China. Moreover, private players and the government in China are focused on effectively tackling the high rate of counterfeiting in the country through policy and technology, thereby fueling this market. In Europe, stable demand for consumer electronics will mainly drive the growth of the market.

Information Source:
https://www.fortunebusinessins....ights.com/anti-count

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Eklav bainr
4 months ago

The global automotive composites market size is projected to reach USD 13.5 billion by the end of 2026. The growing demand for lightweight automobile will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Automotive Composites Market Size, Share & Industry Analysis, By Fiber (Glass, Carbon and Natural), By Resin Type (Thermoset and Thermoplastics), By Application (Exterior, Interior, Structure & Power train, and Other), and Regional Forecast, 2019-2026,” the market was worth USD 7.67 billion in 2018 and will exhibit a CAGR of 7.56% during the forecast period, 2019-2026.
Asia Pacific Dominates the Market; Heavy Automobile Use in Emerging Countries to Aid Growth
The report analyzes the ongoing automotive composites market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific is likely to emerge as the dominant region. The increasing use of automobile; driven by constantly rising population in emerging countries across this region will aid the growth of the market. Besides Asia Pacific, the market in North America will also witness considerable growth in the coming years, owing to the presence of several large scale companies in several countries across this region. As of 2018, the market in North America was worth USD 2.30 billion and this value is likely to increase further in the coming years.
Increasing Number of Company Mergers and Collaborations Will Provide Impetus to Market Growth
The report encompasses several factors that have made a positive impact on the growth of the market in recent years. Along with this, the report discusses the influence of major company collaborations in regional markets, particularly in areas where these companies are primarily operating. In September 2019, Martinrea International Inc. announced that it has signed a deal with Metalsa S.A. The deal is estimated to be around USD 19.5 million. Through this agreement, Martinrea will acquire the structural component manufacturing unit of Metalsa S.A. Through this acquisition, the company will look to strengthen its global footprint and subsequently widen its consumer range across the world.
Information Source:
https://www.fortunebusinessins....ights.com/automotive

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