A Market Place Research – Page 2653

Superalloy Honeycomb Materials Market Size 2020 | Industry Research, Analysis and Competitive Strategies 2027

The global superalloy honeycomb materials industry generated $1.4 billion in 2019, and is estimated to garner $2.4 billion by 2027, witnessing a CAGR of 7.6% from 2020 to 2027.

Increase in demand in the aerospace & defense industries and rise in applications in the automotive sector to reduce emissions drive the growth of the global superalloy honeycomb materials market. However, expensive nature of base materials restrains the market growth. On the other hand, demand from emerging countries and advancements in 3D printing technologies create new opportunities in the coming years.

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COVID-19 Scenario

As production activities in the automotive sector have been paused due to lockdown forced by governments of many countries, the demand for superalloy honeycomb materials has taken a plunge during the pandemic.
There have been price fluctuations due to the economic crisis that occurred during the pandemic.
Due to trade barriers across various countries such as China, there has been a significant supply-demand imbalance. The raw material supply has been disrupted as well.
In some countries, lockdown restrictions have been eased off and production plants of superalloy honeycomb materials have begun production activities.

The nickel segment to maintain its dominant position by 2027:
Based on material type, the nickel segment accounted for the highest share in 2019, contributing to nearly four-fifths of the global superalloy honeycomb materials market, and is expected to maintain its dominant position based on revenue throughout the forecast period. This is attributed to its wide range of applications, cost-effectiveness, ability to withstand temperatures ranging from −148° to 176° Fahrenheit, and resistance to many chemical solvents. However, the stainless-steel segment is expected to witness the highest CAGR of 9.4% from 2020 to 2027, owing to stability offered by this material in harsh chemical, thermal, and ultraviolet environments.

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The aerospace & defense segment to continue its highest contribution during the forecast period:
Based on application, the aerospace & defense segment accounted for more than half of the global superalloy honeycomb materials market in 2019, and is expected to continue its highest contribution during the forecast period. This is attributed to its characteristics such as the ability to sustain high levels of stress, provide resistance to creeping, and possess high-temperature tolerance. However, the automotive segment is estimated to portray the largest CAGR of 8.9% during the forecast period. This is due to surge in applications in turbochargers to increase efficiency of engines.

North America to maintain its lead position during the forecast period:
North America accounted for more than two-fifths of the global superalloy honeycomb materials market in 2019, and is expected to maintain its lead position during the forecast period. This is due to demand from the automotive, aerospace & defense, and energy sectors in the region. However, Asia-Pacific is expected to witness the highest CAGR of 8.2% from 2020 to 2027, owing to demand from emerging countries such as China, Australia, India, and South Korea from the region.

Leading Market Players

Oerlikon Metco
Haynes International
Rotec
Hamilton Precision Metals (Ametek)
Hi Tech Honeycomb
Quality Honeycomb
Allegheny Technologies, Inc.
Chromalloy Gas Turbine, LLC
Forged Solutions Group
Indy Honeycomb
Ander Beijing
Howmet Aerospace, Inc.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Organic Pesticides Market to Deliver Outstanding Growth and Remarkable Opportunities, Analysis, Demand & Growth

The organic pesticides market is segmented based on product as natural and synthetic. The natural segment is estimated to account for major share in the global organic pesticides market in 2016. The synthetic segment is expected to witness high growth rate during the forecast period.

The global organic pesticides market size valued at $99,200 million in 2016, and is expected to reach $279,195 million by 2023, registering a CAGR of 14.9% from 2017 to 2023. North America dominated the global market, accounting for approximately one-third share in 2016.

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Organic pesticides allow the farmers to control pest and diseases in plants without resorting to conventional pesticides. These pesticides can be much more easily decomposed by the environment as compared to chemical pesticides. Increase in demand for organic produce and other products produced by means of organic farming drives the market growth. The demand for organic food products in North America, Europe, and Asia-Pacific is witnessing growth rates of 13.8%, 13.5% and 12.1%, respectively. Rise in concern over the adverse impact of synthetic pesticides has enforced governments worldwide to phase out hundreds of toxic chemical pesticides, thus creating ample market opportunities for organic pesticides. The costs associated with development is high. In addition, the need for skilled laborers, exclusively trained for the production, increases the cost. This in turn, is anticipated to hamper the growth of the market. Research in production, formulation, and delivery of organic pesticides may assist in commercialization of organic pesticides to a high extent.

The organic pesticides market is segmented based on crop type into permanent and arable. The arable segment held a significant market share and is anticipated to exhibit highest growth during the forecast period.

Based on mode of application, the global organic pesticides market is segmented into seed treatment, on farm, and after harvest. The on farm segment held the highest share in the global organic pesticides market and is expected to maintain its dominance during the forecast period. This segment is also projected to witness significant growth rate during the analysis period.

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KEY FINDINGS OF THE STUDY

In terms of value, the natural segment accounted for significant share of the global organic pesticides market in 2016, and is expected to grow at a CAGR of 15.6% from 2017 to 2023.
Asia-Pacific is anticipated to witness the highest growth, registering a CAGR of 19.2%, in terms of value.
India is expected to witness the highest growth rate in the Asia-Pacific market over the forecast period.
Arable segment is expected to grow at a CAGR of 15.4%, in terms of value from 2017 to 2023.

In 2016, North America accounted for the highest share. However, Asia-Pacific is anticipated to gain maximum share by the end of the forecast period, due to high rate of adoption of organic pesticides in this region. Asia-Pacific is expected to grow at the highest CAGR in the near future.

The key players operating in the global organic pesticides industry are Mark Organics, Bayer Cropscience, Sikko Industries Ltd., Parry America, Monsanto, Arysta LifeScience, Andermatt Biocontrol AG, DuPont, Dow AgroSciences, and Certis USA LLC.

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Natural Fiber Reinforcement Materials Market Investigation Reveals Contribution by Major Companies During the Assessment Period

The key factors that drive the natural fiber reinforcement materials market are growth in demand of natural fibers, especially kenaf, from the automotive industry and rise in environmental concerns among government and consumers. However, the fluctuating raw material prices of natural fibers is expected to hinder the market growth during the forecast period. Moreover, the increase in applications of natural fiber in the packaging and construction industry is expected to provide numerous opportunities for growth.

The global natural fiber reinforcement materials market was valued at $250 million in 2015, and is expected to reach $408 million by 2022, supported by a CAGR of 7.3% during the forecast period 2016 to 2022. The consumer goods segment is anticipated to grow with the highest rate throughout the forecast period.

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Natural fibers are prepared from plant, animal or mineral sources and can be spun into threads, filament, or rope, owing to their biological origin, natural fibers are less harmful for the environment, fire-resistant, biodegradable, and thus, are advantageous over synthetic fiber. In addition, natural fibers are also less expected to cause any skin irritation or allergies, rendering them apt for use in textile & clothing industry.

The flax segment accounted for highest market share in 2015, owing to its reduced weight compared to standard materials, especially in stiffness driven applications. Flax is the most commonly used natural fiber in apparels requiring maximum comfort. The hemp segment is anticipated to grow with the highest CAGR throughout the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.alliedmarketresearch.com/request-for-customization/2058

“The expansion of applications of natural fibers in the packaging industry and other consumer goods is anticipated to create lucrative opportunities for the market growth.”

Key Findings of Natural Fiber Reinforcement Materials Market:

The hemp segment is expected to witness the highest growth rate from 2016 to 2022, in terms of both value and volume.
In 2015, Europe generated maximum revenue, region-wise, with over half of the share of global market.
Asia-Pacific is expected to be the highest growing region at a CAGR of 8.5%.
The transportation segment dominated the market in 2015, and is expected to maintain its lead throughout the forecast period.
In terms of both value and volume, the flax segment occupied majority of the share in the natural fiber reinforcement materials market.

The consumer goods segment is anticipated to grow with the highest CAGR throughout the forecast period, owing to the growth in consumer awareness and change in preferences of consumers, due to more alluring look and natural footprint of goods made of natural fiber composites.

Asia-Pacific is estimated to grow with the highest rate during the analysis period, owing to the abundant raw material availability, rise in demand from the construction industry and expansion in natural fiber production capacity.

Key players operating in the natural fiber reinforcement materials market include AgroFiber SAS, Bast Fiber LLC., Greene Natural Fibers LLC., Procotex Corporation, Hempflax BV, Saneco S.A., Hempline Inc., Schweitzer-Mauduit International, Inc., Kenaf Industries of South Texas, and NFC Fibers GmbH.

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E-Waste Management Market Growing at a CAGR of 14.3% | Strategic Analysis and Future Scenarios – 2028

E-waste initiatives by electronic manufacturers across the globe present new opportunities in the coming years. Reduction in life span of electronic device and scarcity of sources for precious metals drive the growth of the global e-waste management market.

Key industry players – Waste Management Inc., Capital Environmental Holdings Ltd., and Electronic Recyclers International, Inc., Enviro-Hub Holdings Ltd. (Singapore), Sembcorp Industries Ltd., Veolia Environment S.A., Mri (Australia) Pty ltd., Tetronics (International) Limited, UMICORE SA and TES-AMM.

The global e-waste management market generated $49.88 billion in 2020, and is expected to generate $143.87 billion by 2028, witnessing a CAGR of 14.3% from 2021 to 2028.

Based on region, Asia-Pacific accounted for the highest share in 2020, holding more than two-fifths of the global e-waste management market, and will maintain its leadership status by 2028. This is owing to new product developments due to continuous innovations and constant decline in prices of electronic products. On the other hand, the market across LAMEA region is estimated to portray the largest CAGR of 18.8% during the forecast period. Increase in the usage of mobile phone in African nations over the last 10 years which increased the adoption of mobile phones by nearly more than half of the population in this region. Moreover, the market across North America would grow at a significant pace.

Based on source type, the household appliances segment contributed to the highest share in 2020, accounting for nearly half of the global e-waste management market, and is expected to witness its dominance in terms of revenue during the forecast period. Household appliances hold the major share, as it constitutes the major part in overall e-waste all over the world. This has generated need to formulate effective policies to manage tremendous volume of e-waste. However, the consumer electronics segment is projected to manifest the fastest CAGR of 17.00% from 2021 to 2028, owing to its application in handling high voltage and high current in industrial systems.

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Based on processed material type, the metal segment held the largest market share, contributing to more than half of the global e-waste management market in 2020, and will maintain its lead position throughout the forecast period. The electronic scrap has increased over the past decade due to revolutionary change in the electric and electronic sector, the incineration and recycling of these materials have gained high traction. Which has fueled the growth of the segment. However, the plastic segment is estimated to grow at the fastest CAGR of 15.7% from 2021 to 2028, owing to several technological developments, e-waste plastic recycling is largely hindered due to presence of flame retardants.

Covid-19 Scenario

Rise in adoption of work from home policies by offices and enterprises has increased the adoption of laptops and mobile devices, which in turn has lowered the utilization of office desktop and computers. This scenario, moreover, has resulted in creating a recycling option for these equipment, thereby favoring the market growth.
As per the analysis by AMR, around 60 % businesses in Europe are planning to allow employees to work from home in the future. This scenario is estimated to create lower adoption rate for enterprise IT equipment and accessories.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Data Analytics Outsourcing Market 2022: Research Analysis, Strategies, Business Plan, & Revenue by 2028

Increased attention to social media platforms is expected to create lucrative opportunities in the industry. Rising amount of digital data production and complexity of consumer data fuel the growth of the global data analytics outsourcing market.

Major industry players – Opera Solutions LLC, Capgemini, ZS Associates, Inc., Wipro Ltd., Genpact Ltd., Tata Consultancy Services Ltd., Accenture, Mu Sigma, Inc., Fractal Analytics Ltd, and IBM Corporation.

The global data analytics outsourcing market was estimated at $5.90 billion in 2020 and is expected to hit $60.34 billion by 2028, registering a CAGR of 34.0% from 2021 to 2028. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

The global data analytics outsourcing market is analyzed across type, application, industry vertical, and region. Based on type, the predictive segment accounted for nearly half of the total market share in 2020, and is expected to rule the roost by the end of 2028. The prescriptive segment, on the other hand, would cite the fastest CAGR of 37.2% throughout the forecast period.

Based on region, the region across North America garnered the major share in 2020, accounting for nearly two-fifths of the global data analytics outsourcing market. At the same time, Asia-Pacific would cite the fastest CAGR of 37.2% during the forecast period.

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Based on application, the sales analytics segment contributed to nearly one-third of the total market revenue in 2020, and is projected to lead the trail by 2028. Simultaneously, the supply chain analytics segment would grow at the fastest CAGR of 35.1% from 2021 to 2028.

COVID-19 scenario-

The outbreak of the pandemic made policymakers, government agencies, and various other institutions across the world rely upon AI systems, Big Data analytics, and data analysis software to forecast and monitor the virus’s spread in real time as well as classify COVID-19-fighting drugs. This, in turn, impacted the global data analytics outsourcing market positively.
This trend is likely to continue post-pandemic as well, since many businesses have switched to remote working and work from home modes.

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Scaffolding Market Quantitative Analysis, Current and Future Trends, 2020 – 2030

Allied Market Research published a new report, titled, “Scaffolding Market: Global Opportunity Analysis and Industry Forecast, 2020-2030.” The global scaffolding market size was valued at $45.7 billion in 2020, and is projected to reach $81.2 billion by 2030, growing at a CAGR of 5.7% from 2021 to 2030.

The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry from 2020 to 2030 to identify the underlying opportunities. An in-depth analysis of the aspects that drive and restrain the market growth is also provided.

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The report also covers the drivers that are playing a significant role in propelling the market growth. At the same time, restraining factors that are projected to impede the growth of the industry are also portrayed by our expert analysts in order to provide the key market players with an explicit scenario of the future coercions in advance.

Key Players:

Atlantic Pacific Equipment (AT-PAC), LLC, PERI GmbH, ULMA C Y E. S Coop, ADTO Group, ALTRAD, MJ-Gerust GmbH, Changli XMWY Formwork Scaffolding Co Ltd, WACO, Brand Safway, and Wilhelm Layher GmbH & Co KG.

Today’s companies choose the solution for market research reports such as the Scaffolding Market study because it lends a hand with better decision making and more revenue generation. With the aid of SWOT analysis, the market study provides information of drivers and market constraints along with the effect they have on demand over the projected time period. The report reveals an analysis and discussion of key developments in the industry, market size and market share estimates. The research report on the Scaffolding Market helps strengthen organization and make better decisions to drive business on the right track.

These players have incorporated an array of strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong hold in the industry.

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Key Benefits from Scaffolding Market Report 2020-2030:

Porter’s Five Forces analysis underscores the potency of buyers and suppliers to allow stakeholders to come up with tactical business decisions.
Major impacting factors & top investment pockets are also presented in the research.
The major states in each province are studied and their revenue contribution is cited as well.
The report doles out in-depth analysis of the current Scaffolding Market trends, predictions, estimates and market size from 2020 to 2030 to define new opportunities.

Market Segmentation:

Scaffolding Market Report provides information of recent developments, trade regulations, import export analysis, output analysis, value chain optimization, market share, influence of domestic and local market players, analysis of opportunities with regard to emerging revenue pockets, market regulatory changes, strategic market growth analysis, market size, segment size, geographical expansions, technological innovations in the market.

The market report provides quantitative study and qualitative drifts of the global market from 2020 to 2030 to help stakeholders figure out the real industry scenario. The report involves the study of the provincial as well as the global market, key market players, and growth stratagems. All the information pertaining to the Scaffolding Market domain are taken from highly reliable sources and are meticulously examined as well as testified by the market experts. The report also highlights the influence of the buyers and the suppliers to enable investors to make appropriate business decisions and strengthen their supplier–buyer network.

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The Scaffolding Market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America, Europe, Asia-Pacific, South America, Middle East and Africa. These insights help craft new strategies and create new opportunities to achieve excellent results.

At AMR we aim to highlight our clients ‘most lucrative opportunities for growth’. Therefore we give guidance, making it easier for them to work through changes in technology and the Scaffolding Market. Our advisory services are designed to help companies find hidden opportunities and understand the challenges that exist in competition.

On the whole, the report depicts detailed overview of the Scaffolding Market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Highlights of the Report:

Detailed and exhaustive assessment of the Scaffolding Market.
Accrued revenues from each segment of the market by from 2020 to 2030.
Drivers, restraints, and opportunities in the industry.
Approaches undertaken by the key market players.
Regions that would create multiple opportunities for the key players in the industry.
Current scope and trends of the Scaffolding Market.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Cloud Storage Market Size is Projected to Reach $222.25 Billion by 2027 – Exclusive Research Report by AMR

Significant cloud adoption among SMEs are expected to create lucrative opportunities in the near future. Growing demand for low-cost data storage and faster data accessibility, rise in cloud adoption across several industry verticals, and growing concerns of data recovery and protection drive the growth of the global cloud storage market.

Major industry players – Amazon Web Services, Inc., Dell Technologies Inc., Google, Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting, Inc., Alibaba Cloud, and VMware, Inc.

The global cloud storage market was estimated at $46.12 billion in 2019, and is expected to hit $222.25 billion by 2027, registering a CAGR of 21.9% from 2020 to 2027.

Based on region, North America held the largest share in 2019, garnering more than two-fifths of the global cloud storage market, as the region has major market players offering advanced solutions. On the other hand, the Asia-Pacific region is projected to manifest the fastest CAGR of 25.6% by 2027. The rise in adoption of cloud storage solutions in applications and investments in R&D processes have augmented the growth of the market in this region.

Based on deployment mode, the hybrid segment accounted for nearly three-fifths of the global cloud storage market share in 2019, and is anticipated to rule the roost during the study period. In addition, the segment is anticipated to manifest the fastest CAGR of 23.0% from 2020 to 2027. Organizations are shifting toward the hybrid cloud to achieve security of data and application and large storage spaces to reduce their capital expenditure by deploying a combination of the private and public cloud model, which augments the growth of the segment.

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Based on component, the solution segment contributed to nearly two-thirds of the global cloud storage market revenue in 2019, and is expected to retain its dominance by the end of 2027. Growing need for multiple applications such as caching, security, duplication, and data locking in primary cloud storage drives the growth of the market. The service segment, on the other hand, would register the fastest CAGR of 23.2% throughout the forecast period Implementation services ensure comprehensive planning, installing, and configuration of the solution. In addition, managed services offer post-production support which empowers organizations to smoothly transition the process from implementation to daily operations, which drives growth of the market.

COVID-19 scenario

COVID-19 has accelerated the cloud adoption, due to the technology shift and operating prototypes due to the limitations of recent environment.
The shift to remote working has positively contributed to the growth of the industry.
Moreover, the customers from the public sector, web-based services, global logistics companies, and financial services have majorly invested in cloud storage due to rising demands for food and medical supplies.
The Industry is anticipated to grow significantly amid COVID-19.

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Aluminum Market Growth & Key Business Strategies to Generate $189.8 Billion by 2026 | CAGR of 3.2%

According to a new report published by Allied Market Research, titled, Aluminum Market by End User and Processing Method: Global Opportunity Analysis and Industry Forecast, 2019-2026 the global aluminum market was valued at $147.2 billion in 2018, and is projected to reach $189.8 billion by 2026, growing at a CAGR of 3.2% from 2019 to 2026. The transport segment dominated the market in 2018, with more than one-fourth share, in terms of revenue.

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Extrusions segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 2.9% by 2026. Aluminum extrusions offer lightweight and durability to patio furniture, sports equipment and others. Flexible and low cost extrusion tooling allows manufacturers to experiment with new applications and designs.

Aluminum is a nonmagnetic and ductile metal with a dull luster due to thin aluminum oxide coating. Low metal density, corrosion resistance, and thermal conductivity are some properties, which makes it ideal for various industrial applications. Growth in transport industry is the major factor that drives the growth of the aluminum market size across the globe. In addition, technological advancements, rapid development & urbanization in emerging economies, and growth in aluminum demand from various end user industries such as foil & packaging supplement the aluminum market growth. Modern manufacturers are enhancing the design of aluminum cans to make the cans more hygienic. An overall increase in production capacity by key leaders and high degree of vertical integration are observed in the industry. Manufacturers integrate their value chain to gain control over supply chain and offer aluminum products to end users at reduced costs. Food and Drug Administration (FDA), American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO), and Environment Protection Agency (EPA) are some of the regulatory authorities present in the aluminum market.

Transport segment accounted for more than one-fifth of the market, in terms of volume, in 2018. Aluminum products are extensively used in transport industry due to their performance, weight to strength ratio, thermal conductivity, corrosion resistance, safety, and environment benefits. North American automotive manufacturers plan to increase aluminum usage in light trucks and cars by over 40% by 2025. Aluminum engine mounts, tailgate frames, running boards, and roof consoles are corrosion resistant and are more resilient in vehicle crashes due to their flexibility and inherent strength. Studies have confirmed that use of aluminum in motor industry reduces CO2 emissions.

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Key Findings of the Aluminum Market:

Asia-Pacific is expected to lead the market during the forecast period, followed by Europe.
Flat rolled market volume is projected to grow with a CAGR of 4.0% during the forecast period.
The transport segment is expected to show highest growth, registering a value CAGR of 3.5%.
Turkey accounted for 1.7% share in the LAMEA aluminum market in 2018.
Mexico is projected to grow at a fastest rate in the North America aluminum market, registering a CAGR of 4.0%.
Germany accounts for 8.5% share in the European aluminum market in 2018.

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Asia-Pacific and Europe collectively contributed more than half of the global aluminum market share revenue in 2018. In the same year, Asia-Pacific dominated the market owing to massive urbanization, growth in income of people in urban areas, and rapid industrial development.

The prominent market players are Alcoa Corporation (U.S.), Aluminium Corporation of China Limited (CHALCO) (China), China Hongqiao Group Ltd. (China), China Power Investment Corp. (CPI) (China), East Hope Group Company Limited (China), Emirates Global Aluminium PJSC (UAE), Norsk Hydro ASA (Norway), Rio Tinto Alcan Inc. (Canada), United Company RUSAL Plc. (Russia), and Xinfa Group Co., Ltd. (China).

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Specialty Chemicals Market Value To Cross $953.9 Billion by 2027 | Top Companies and Industry Growth Insights

Specialty chemicals, being a knowledge-driven industry has witnessed an increase in R&D activities. Increase in competition in the end-user markets has led to product innovation. The market players have heavily invested in R&D activities to introduce and develop new products with more advanced and new features. This industry has strived to reduce its dependency on petrochemicals and has focused on bio-based or renewable materials. For instance, in 2015, Ashland Inc. (U.S.) launched a new product “Culminal Plus Cementitious” adhesive for the construction industry in the European market.

According to a new report published by Allied Market Research titled, ” Specialty Chemicals Market by Application: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global Specialty Chemicals market size was valued at $711.0 Billion in 2019, and is projected to reach $953.9 billion by 2027, growing at a CAGR of 5.0% from 2020 to 2027. In 2019, pharmaceuticals ingredients segment dominated the market with more than 17.3% share in terms of revenue and more than one-sixth share in terms of value.

Technological advancements in the system performances have led to the growth of semiconductor technologies; thereby, driving the market for specialty chemicals. Introduction of new and advanced products in the end-user industries such as smart phones, tablets, and wireless devices with developed and better technologies supports the specialty chemicals market for electronic chemicals. In addition, in the automotive electronics market, technological development focuses on the introduction of highly efficient automated products. These developments in the end-user markets are increasing the demand for electronic chemicals; thereby, driving the growth of the specialty chemicals market in upcoming years

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Covid-19 scenario:

The production of agrochemicals, oil field chemicals, and pharmaceutical ingredients has been continued during the months of coronavirus pandemic.
The specialty chemicals industry has been facing the problems such as immobilized supply chain and shortage of logistics & workers during the global lockdown.
On the other hand, the demand for specialty chemicals from healthcare sector has been increased across the globe.

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The report offers a detailed segmentation of the global specialty chemicals market based on type and region.

Based on type, the pharmaceutical ingredients segment contributed to the largest share in 2019, accounting for nearly one-fifth of the total share, and is estimated to maintain its dominant position during the forecast period. However, the oil field chemicals segment is expected to register the highest CAGR of 5.7% from 2020 to 2027.

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Based on region, Asia-Pacific contributed the highest share, accounting for more than one-third of the total market share in 2019, and will maintain its dominance throughout the forecast period. In addition, the same region is expected to grow at the highest CAGR of 5.9% from 2020 to 2027. However, North America is expected to grow at the CAGR of 4.5% during the forecast period.

The major player studied and profiled in the global specialty chemicals market are BASF SE, Dow, Inc., Bayer AG, Evonik Industries AG, Lanxess AG, Solvay SA, Clariant AG, Huntsman International LLC, Albemarle Corporation, Sumitomo Chemical Company, Nouryon, and Ashland LLC., etc.

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India PVC Pipes Market Revenue to Touch $6,224 Million By 2023 | Major Companies, Strategies and New Trends

A new report published by Allied Market Research titled, India PVC Pipe Market by Type, Material, and Application: Regional Opportunity Analysis and Industry Forecast, 2015-2023, projects that the India PVC pipe market was valued at $3,159 million in 2016, and is expected to reach $6,224 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023.

Most of the players operating in the industry focus to consolidate their position in the market through strategic expansions and product launches. Some of the major factors that drive the demand for PVC pipes include upsurge in demand from irrigation & construction industries, rise in focus on rural water management, and rapid urbanization.

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Rise in penetration of PVC pipes across various application such as irrigation, water supply, sewer & drain, plumbing, oil & gas, HVAC, and others acts as the major driving factors of India PVC pipes market. Polyvinyl chloride (PVC) pipe industry is in its mature stage. Most of the players operating in the industry focus to consolidate their position in the market through strategic expansions and product launches. Some of the major factors that drive the demand for PVC pipes include upsurge in demand from irrigation & construction industries, rise in focus on rural water management, and rapid urbanization. However, factors such as availability of better substitutes, such as HDPE & ABS, and toxicity of PVC material are expected to hamper the market growth during the forecast period. On the contrary, rise in need & awareness for clean water in rural areas and increase in investment in developing economies are expected to provide significant opportunities to the industry players across the value chain.

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In 2016, sewer & drain was the dominant application segment, in terms of revenue with more than 35% of the share, followed by water supply & irrigation. Low cost and easy installation are the factors that drive the demand for PVC pipes in sewer & drain application.

Based on material employed during manufacturing process, the market is fragmented into PVC resins, stabilizers, plasticizers, lubricant, pigment base, and others. A typical rigid PVC pipe may contain around 7585% of PVC resin. Other materials are further added, such as lubricant, pigment, pigment base, plasticizers, stabilizers, and others, to enhance its performance.

In 2016, North India accounted for more than 50% of the India demand for PVC pipe, and is expected to maintain its lead position throughout the forecast period. However, the East India region is projected to grow at the highest CAGR of 11.1% in terms of demand during the forecast period, owing to increase in infrastructural projects and developments in the rural parts of the region.

Key Findings of the India PVC Pipe Market:

North India is expected to continue to lead the India PVC pipe market, growing at the highest CAGR of 10.1%, in terms of revenue, from 2017 to 2023.
Sewer & drain occupied more than 35% share of the total market value in 2016.

In the year 2016, the unplasticized type pipe segment occupied more than 60% share of the market, in terms of revenue.
East India is projected to register the highest growth rate in terms of value during the forecast period.
Pigment base is anticipated to be the most lucrative material for India PVC pipes market during the forecast period.
In the year 2016, North India accounted for more than half of the India demand for PVC pipe, and is expected to maintain its lead position throughout the forecast period. However, the East India region is projected to grow at the highest CAGR of 11.1%, followed by West India with 10.7%, owing to new infrastructural projects and developments in the rural parts of the region.

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Major players in the industry invest significantly on R&D to launch of new products at a reasonable cost, expand their capacities, and to meet the growing consumer demands. Strategic acquisitions and collaborations are other major strategies adopted by these players. The major companies profiled in the report include Aashirvad Pipes, Supreme Pipes, Astral Pipes, Finolex Industries Ltd., Prince Piping System, Ori-plast, Utkarsh Indin, Dutron Group, Kankai Pipes, and Captain Pipes.

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