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

Drivers & Restraints-

High Demand for Conductive Textile to Accelerate Growth

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

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


Regional Analysis-

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

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

Competitive Landscape-

Key Players Focus on Expanding Production to Attract More Customers

The market is highly fragmented. Most of the companies are adopting strategies, such as investments, acquisitions, research & development activities, and innovation to strengthen their positions. Some of the others are broadening their production processes and shifting their facilities to bigger locations for attracting more customers. Below is a recent industry development

Browse Link:

https://www.fortunebusinessins....ights.com/metal-fibe

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

COVID-19 Impact

Cessation on Various End-user Industries Affected Market Growth during the Pandemic

Recent outbreak of coronavirus resulted in reduction of productivity of global production activities. There has been alt on various end-user industries such as water treatment, air & gas purification, food & beverage, and others. Halt on industrial, commercial, and residential sectors affected the market growth.

Segments

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

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

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

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

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

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

Report Coverage

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

Drivers and Restraints

Rise in Water and Air Pollution to Thrust Product Demand

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

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

Regional Insights

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

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

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

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

Browse Detailed Summary:

https://www.fortunebusinessins....ights.com/activated-

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Bioplastics Market Research Report to 2026 | Industry Size, Growth Share, Future Trends, Price, Top Key Players Review, Business Opportunities, Demand and Global Analysis by Forecast to 2026
The global bioplastics industry size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years.

Postponement of Green Investment by Government amid COVID-19 to Hamper Growth

According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market.


Market Segmentation:

Based on type, the market is segmented into biodegradable and non-biodegradable. On the basis of application, the market is divided into rigid packaging, flexible packaging, textiles, automotive & transportation, agriculture & horticulture, consumer goods, and others.

Lastly, based on region, the market is categorized into Europe, North America, Asia-Pacific, and Rest of the World.

What does the Report Include?

The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

DRIVING FACTORS

Increasing Demand for Eco-Friendly Plastics to Aid Growth

According to the data by Clean our Ocean, annually plastic is estimated to **** around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years.

Browse Summary:

https://www.fortunebusinessins....ights.com/industry-r

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

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

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

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

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

Industry Developments:

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

Browse Summary:

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

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