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Chelating Agents Market Segmentation, Analysis, Industry Share, statistics, Trends, Growth Forecast 2027

The global chelating agents market size is projected to reach USD 6,396.9 million by 2027, exhibiting a CAGR of 4.4% during the forecast period. The development of biodegradable sequestering agents by leading players will brighten the outlook of this market, observes Fortune Business Insights™ in its report, titled “Chelating Agents Market Size, Share &COVID-19 Impact Analysis, By Product Type (Sodium Gluconate, Organophosphonates, EDTA & HEDTA, EDDS, GLDA, IDS & MGDA, NTA, and Glucoheptonates), By Application (Pulp & Paper, Household, Institutional & Industrial Cleaning Product, Chemical Processing, Agrochemicals, Water Treatment, Photo Application, Consumer Product, Textile, Metal), and Regional Forecast, 2020-2027”.

The chemical manufacturing sector has been one of the primary polluters for ages. However, with changing times and evolving perceptions, along with the growing stringency of environmental regulations, chemical companies are now investing in the development of products that are eco-friendly and sustainable. For example, Finland-based Kemira has engineered the Fennobio product lineup of OECD-certified biodegradable chelating agents for recycled, mechanical, and chemical fibers. These products do not contain hazardous elements and are incombustible, which makes them environmentally suitable for bleaching processes. Similarly, in July 2019, BASF launched its readily biodegradable chelator, Trilon M, derived from renewables and based on the biomass-balance approach. The availability of such products is, thus, broadening the horizons of this market.

List of Top Companies Profiled in the Chelating Agents Market Report:

· Zhonglan Industry Co., Ltd. (Shandong, China)

· Tosoh Corporation (Tokyo, Japan)

· Hexion (Ohio, U.S.)

· Nouryon (Amsterdam, Netherlands)

· Shandong IRO Chelating Chemical Co., Ltd.(Shandong, China)

· Mitsubishi Chemical Corporation (Tokyo, Japan)

· BASF SE (Ludwigshafen, Germany)

· Akzo Nobel N.V. (Amsterdam, Netherlands)

· Bozzetto Group (Filago, Italy)

· Ava Chemicals Private Limited (Maharashtra, India)

· Ascend Performance Materials (Houston, U.S.)

· NIPPON SHOKUBAI CO., LTD. (Osaka, Japan)

· Kemira (Helsinki, Finland)

· Dow Chemical Company (Michigan, U.S.)

· ADM (Illinois, U.S)

The report states that the value of the global market stood at USD 4,757.1 million in 2019 and offers the following:

· Deep understanding of the key market segments and their performance;

· Holistic profiling of the major market players and detailed study of their main strategies;

· Industry-leading analysis of the different market drivers and challenges; and

· Exhaustive study of the regional developments impacting the growth of the market.

Restraining Factor

Contracting Demand for Paper amid COVID-19 to Obstruct Market Growth

The chelating agents market growth is likely to face serious challenges in the immediate due to the coronavirus outbreak. The COVID-19 pandemic has forced governments to impose strict lockdown and social distancing measures to contain the spread of the virus. As a result, global supply chains have gotten disrupted and remote working and study from home models have drastically reduced the demand for stationery items, especially paper. For example, according to a report by North Carolina State University, the shutdown of colleges and universities in the US has rapidly diminished the demand for copier paper and printing paper. Similarly, in India, an article in the Deccan Herald revealed that the nationwide lockdown has led to a 10-15% dip in the demand for paper and paperboard in the country. Chelators, mainly Diethylenetriaminepentaacetate (DTPA) and Ethylenediaminetetraacetic acid (EDTA), are widely used in the pulp and paper industry to facilitate the peroxide-based bleaching process and remove metal ions. The slowdown in the paper industry will, thus, have rippling effects on the sequestering agents market as well.

Regional Insights

Advancements in the Surfactants Industry to Accelerate the Asia Pacific Market

Asia Pacific is expected to lead the chelating agents market share during the forecast period owing to the promising technological advancements being made in the region’s surfactants industry. Competitors in this industry are developing liquid detergents with biodegradable compounds to cater to the widening awareness in India and China about the pollution caused by synthetic cleaning chemicals. In 2019, the Asia Pacific market size stood at USD 1,969.5 million.

A steady transition towards green economy models and strict regulations governing chemical manufacturing by the European Union (EU) will stimulate the market in Europe and generate vast opportunities. In North America, the market will be driven by the rising demand for chelating agents in oilfield applications.

Competitive Landscape

Introduction of Inventive Solutions to Foster Competition

Key players in this market are deeply engaged in developing and introducing innovative sequestering solutions, with a view to amplify their business outreach. Most of the companies are concentrating on coming up with sustainable, biodegradable products, which will future-proof their portfolios.

Industry Developments:

· November 2020: BASF’s Care Creations launched an eco-friendly, highly stable chelating agent called Neutrol MGDAfor the personal care industry. The product is readily biodegradable and has an excellent toxicological profile and features superior capabilities in binding metal ions. Moreover, its high thermal stability allows it to be added at any step in the manufacturing of cosmetic products.

Information Source:

https://www.fortunebusinessinsights.com/chelating-agents-market-104716

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Biocides Market Size, Share, Analysis, Trends, Opportunities, Development, Price, Future Demand, Global Growth and Forecast by 2028

The global biocides market size is expected to reach USD 9,914.2 million by 2028, exhibiting a CAGR of 4.2% between 2021 and 2028. The growing adoption of innovative solutions in the medical industry will contribute positively to themarket growth during the forecast period, states Fortune Business Insights, in a report, titled “Biocides Market, 2021-2028” The market size stood at USD 7,195.1 million in 2020.

Production in various sectors has been terminated due to the economic outage. This has resulted in a drop in sales volume and supply chain disruptions and a halt in paint & coatings shipments, considerably restricting thismarket. However, companies are introducing strategies to cope with the current situation, which, in turn, will incite the development of the global market in the forthcoming years.

Acquisition of INTACE by LANXESS to Foster Growth

LANXESS, a specialty chemicals firm, purchased INTACE SAS, a French firm, to expand its market share as one of the world's top producers of biocides and antimicrobials. The biocide firm, situated in Paris, makes specialist fungicides for the packaging sector. On January 14, 2021, LANXESS and the seller signed a memorandum of understanding to that effect. The parties have agreed to keep the acquisition price a secret. The acquisition is expected to close in the first quarter of 2021, according to LANXESS. The purchase will increase the biocides market shareas INTACE anticipated revenue in half paid higher range by 2020. Paper, paperboard, soap packaging, labels, and banknotes are just a few of the applications for its goods. This business unit's products are utilized in a wide range of applications all around the world. The business unit delivers customer-specific solutions for diverse branches with its wide variety of active antibacterial agents and preservatives.

Increasing Product Demand in Medical Applications to Open Up New Possibilities

The medical business is expanding as a result of increased consumer awareness of health and cleanliness, which is creating market possibilities. This, together with economic growth, is encouraging businesses to use new technology in developing medical solutions. Biocides are chemicals that are added to disinfectants and cleansers used in hospitals and clinics to keep them clean and sterilized. Surgical equipment, tools, surfaces, and fittings are all cleaned with them. The increase in demand can be ascribed to the product's ability to suppress microbial development. Furthermore, the product is used in the food and beverage industry and the leather industry. Thus, growing demand for these products will enable the speedy expansion of the market.

Paints & Coatings to Hold the Lion’s Share

Based on type, the market is segmented into halogen compounds, quaternary ammonium compounds, metallic compounds, phenolic, organic acids, organosulfur, and others.

Based on applications, the market is categorized into water treatment, food and personal care products, cleaning products, furniture and furnishings, clothing and textiles, leather and suede, paints and coatings, fuel preservatives, and others. Paints & coatings are expected to account for the largest share during the forecast period. The growth is attributed to its high utilization in the construction and automotive industry.

Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Increased Consumption of Biocides to Boost Market in Asia Pacific

· The rising demand for industrial and consumer applications will stimulate the market in Asia Pacific

· North America is expected to expand radically during the forecast period due to the growing application of biocides in wood preservation.

· The increasing production of cars will elevate the market in Europe during the forecast period.

· The high demand and supply of products from the furniture, automotive, and construction industries will spur opportunities in Latin America and the Middle East and Africa.

Thor Group Limited to Account for a High Share

Thor Group Limited manufactures products for a wide range of industrial and consumer uses. To gain a competitive edge in the biocides market, leading manufacturers are employing techniques such as boosting brand recognition, growing regional presence, and launching new product offers. Companies are also investing in technology advancements in order to broaden their product offerings.

The Report Lists the Key Companies in this Market:

· Vink Chemicals GmbH & Co. KG (Germany)

· Clariant (Switzerland)

· KemiraOyj (Finland)

· Troy Corporation (U.S.)

· Thor Group Limited (UK)

· Lanxess AG (Germany)

· Solvay SA (Belgium)

· Neogen Corporation (UK)

· Finoric LLC (U.S.)

· Shanghai ZhongxinYuxiang Chemical Co., Ltd (China)

· Shandong IRO Biocide Chemicals Co., Ltd. (China)

· Albemarle Corporation (U.S.)

· Lonza Group Ltd (Switzerland)

· Wuxi Honor Shine Chemical Co. Ltd. (China)

Browse Summary of This Research:

https://www.fortunebusinessinsights.com/biocides-market-105452

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Industrial Fabrics Market Facts, Opportunities, Future Demand, Segmentation Development and Growth by 2028

The global industrial fabrics market size is projected to reach USD 209.48 billionby 2028, exhibiting a CAGR of 6.3%during the forecast period. According to a report by Fortune Business Insights™, titled “Industrial Fabrics Market, 2021-2028”, the value of this market was estimated to be USD 128.39 billionin 2020.

The COVID-19 pandemic has been found to have impacted the industrial fabrics market growth negatively as the strict lockdown restrictions and social distancing measures forced major vehicle manufacturers to shut down their operations. Tata Motors, for instance, closed its factory in Pune temporarily to abide by lockdown regulations. Similar closures were witnessed across Europe and the US. As a consequence, this market’s growth rate dropped by 0.66% in 2020 and its value is forecasted to reach USD 136.55 billionin 2021.

DuPont Introduces New Range of Fabric Solutions for Core Industries

In December 2019, DuPont Personal Protection rolled out the Nomex® global lineup of industrial fabric solutions engineered exclusively for utilities, oil & gas, and various manufacturing industries in Asia Pacific. Designed to protect workers in these hazardous settings with flame-retardant and arc-rated apparel, the fabrics deliver high durability and comfort, which are widely coveted PPE properties by the workforce in these domains. The other purpose behind the launch of this portfolio by DuPont is to provide streamlined personal protective equipment (PPE) solutions for safety managers across industries. This will also enable companies to easily procure standardized PPE textiles and order customized fabrics for their workforce.

Distinct Advantages of Geosynthetics to Help Market Growth

Geosynthetics are industrial fabrics that comprise at least one natural fiber or polymer that is transformed into sheets or 3-dimensional structures. These fabrics are widely applied in civil engineering projects, primarily in the construction of roads and buildings. Their extensive demand in infrastructure development is premised on the broad range of advantages they offer compared to conventional materials. For example, geosynthetic sheets havehigh flexibility that allows them to fit in any space inlandfill, while taking up minimum space. Geotextiles also carry substantial economic and environmental benefits as well. For example, geosynthetic fabrics are far less expensive to procure, transport, and install compared to soils and fully synthetic materials. Moreover, since these textiles have a healthy proportion of natural ingredients, they can improve soil quality and not harm the underlying soil fragments. Given these proven advantages of geosynthetic fabrics, their adoption in construction works is likely to exponentially expand in the forthcoming years.

Automotive Segment Leads the Market with a Share of 28.5%

In terms of application, this market has been segregated into conveyor belts, transmission belts, protective apparel, automotive, flame-resistant apparel, and others. Here, the automotive segment commanded a share of 28.5% in the global market and a share of 28.3% in the US market. This is primarily attributable to the huge demand for naturally-derived industrial fabrics for auto interiors and component-protection applications, which is stoking market players and research organizations to develop biodegradable textiles for the auto industry. For example, the University of Portsmouth, UK, is formulating a material from flax that will effectively protect vehicle engines.

By fiber type, the market is categorized into polyamide, polyester, aramid composites, and others. Geographically, this market is clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific to Hold Commanding Market Share from 2021 to 2028, predicts Fortune Business Insights

· Boasting a market size of USD 45.32 billionin 2020, Asia Pacific is slated to command the industrial fabrics market share during the forecast period. The principal driver for the Asia Pacific market is the abundant availability of raw materials across India and China and the technological superiority of Japan and South Korea in chemical manufacturing.

· On the other hand, the market in North America is expected to be characterized by the increasing deployment of geotextiles for geotechnical engineering and soil reinforcement applications.

· In Latin America, the soaring demand for protective apparel from the region’s developing mining sector will enhance the market’s growth prospects in the region.

Prominent Players to Concentrate on Optimization of Production Operations

Key players in this market are aligning their strategies to efficiently cater to the rising demand for industrial fabrics across multiple sectors. To achieve this, several companies are strategically optimizing their production activities to minimize costs and maximize profits. In addition, companies are also capitalizing on opportunities to establish their footprint in developing economies.

Industry Development

· December 2018: Toray Industries announced its new policy under which the company will integrate the management of Luckytex Public Company Limited and Thai Toray Textile Mills Public Company Limited, its textile manufacturing facilities in Thailand.

List of Key Players Profiled in this Market Report

· Forbo International SA

· Ahlstrom Munksjö

· Bridgestone Corporation (Tokyo, Japan)

· Cerex Advanced Fabrics Inc. (Florida, United States)

· ContiTech AG (Hanover, Germany)

· DuPont (Michigan, U.S)

· G.R.Henderson Co. Textiles Ltd. (Stockport, UK)

· Fitesa (Peine,Germany)

· Barnet Gmbh& Co. Kg (Achen, Germany)

· Freudenberg & Co. Kg (Weinhiem, Germany)

· Toray Industries Inc. (Tokyo, Japan)

· Johns Manville (Colorado, U.S)

· Habasit AG (Reinach, Switzerland)

·

Browse Summary of This Research:

https://www.fortunebusinessinsights.com/industrial-fabrics-market-105445

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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Coconut Milk Market Share, Analysis, Trends, Opportunities, Segmentation, Development, Price, Size, Outlook, Report , New Growth Opportunities by 2028

The global coconut milk market size is projected to grow from USD 1,009.07 million in 2021 to USD 2,172.49 million in 2028. The surging usage of plant-based milk in various food items, such as smoothies, yogurt, cakes, and other similar items would affect growth positively. In April 2021, for instance, Dunkin’ Donuts LLCannounced its plans to launchcoconut milk in its menu in the U.S. by the end of April. It will come in three flavors: blueberry pomegranate, golden peach, and pink strawberry. Fortune Business Insights™published this information in a report, titled, “Coconut Milk Market, 2021-2028.” The report further states that the market stood at USD 919.57 million in 2020. It is set to exhibit a CAGR of 11.58% in the forecast period between 2021-2028.

NescaféIntroduces Vegan Flat White Pods in the U.K.

In January 2021, Nescaféunveiledits latest vegan flat white pods in the U.K. The new latte pods are registered by the Vegan Society and can be incorporated in Nescafé’s Dolce Gusto coffee machines. These would enable consumers to develop robust coffee combined with lactose-free milk for a delicious, vegan, and smooth Flat White. The company aims to cater to the high demand for plant-based and dairy-free products.

Closure of Processing Plants & Shortage of Laborers to Obstruct Growth amid COVID-19

The demand for coconut milk has declined amid the COVID-19 pandemic because of the shutdown of processing plants and shortage of workforce across the globe. As per Sri Lanka Export Development Board, between January-June 2020, coconut exports and deliveriesloweredby 10.33%. But, as various countries are gradually lifting their trade bans, the market would showcase good growth in the near future.

Report Coverage-

We aim to provide unique market research solutions under one roof to help our clients choose the best strategy as per their requirements. Our syndicated or custom reports deliver accurate statistics and a comprehensive analysis on revenue. The competitive landscape section contains detailed profiles of prominent players. They also include company description, revenue, and sales generated in the coconut milk business.

Drivers & Restraints-

Rising Cross-culture Trend in Western Countries to Accelerate Growth

In today’s world, consumers are constantly willing to experiment with new flavors and hence, the demand for flavorsome food items is surging rapidly. Millennials and Gen Z are the major groups who always look out for exotic and unique flavors in their food and beverages. According to a study published in 2019 by the Institute of Food Technologists (IFT), Chinese cuisine is considered to be the most-liked Asian cuisine. It is followed by Japanese, Thai, and Korean. Besides, in western countries, cross-culture food trendsare also expected to drive the coconut milk market growth. The product is immensely used in multipleAsian recipes. Coupled with this, the surging number of Asian restaurant chains across the globe would propel growth.However, frequently fluctuating prices of coconuts may hamper the demand for this type of milk.

Segments-

Supermarkets/HypermarketsSegment to Grow Rapidly Stoked by Availability of Various Branded Products

Based on the distribution channel, the is categorized into supermarkets/hypermarkets, convenience stores, grocery stores, and online retail. Amongst these, the supermarkets/hypermarketssegment is anticipated to generate the highest share in the upcoming years. This growth is attributable to the increasing availability of products belonging to numerous brands and price ranges. Hence, it is easy for consumers to choose the right product from aisles as per their requirements. By nature, the organic segment held 26.80% in terms of the coconut milk market share in 2020.

Regional Insights-

Presence of Nestle S.A. and Celebes Coconut Corporation to Help Asia Pacific Lead

Geographically, Asia Pacific is set to remain at the forefront throughout the forthcoming years on account of the presence of numerous renowned companies, such as Thai Coconut Public Company Ltd., Nestle S.A., and Celebes Coconut Corporation in this region. Also, the increasing trend of veganism would boost growth. The region accounted for USD 398.08 million in 2020 in terms of revenue. On the other hand, the rising cases of lactose intolerance in North America would help the market to grow. Additionally, the surging launch of ready-to-drink (RTD) beverages equipped with coconut milk would aid regional growth.

Competitive Landscape-

Key CompaniesAim to Diversify Portfolios & Expand Footprint through New Product Launches

The market is highly fragmented with the presence of various big, small, and medium enterprises. Most of them are aiming to broaden their geographical presence and diversify their portfolios by launching innovative foods and beverages infused with this type of milk. Below is one of the significant industry developments:

· March 2020:So Delicious Dairy Free introduced a delicious blend of delectable toppings and coconut yoghurt alternative namedPairings Coconutmilk Yogurt Alternatives. It is Non-GMO Project verified, vegan and gluten- soy-, nut, and dairy-free. These can be consumed as plant-based snacks.

Fortune Business Insights™ presents a list of reputed coconut milk providers operating in the global market. They are as follows:

· Danone S.A. (Paris France)

· Nestle S.A. (Vevey, Switzerland)

· Dabur India Ltd. (Ghaziabad, India)

· Cocomi Bio Organic (Sri Lanka)

· The Coconut Company (UK) Ltd. (United Kingdom)

· Coconuts of the Caribbean Ltd. (Tune Puna, Trinidad and Tobago)

· Thai Coconut Public Company Ltd. (Thailand)

· Pt. Sari Segar Husada (Indonesia)

· Celebes Coconut Corporation (Cebu, Philippines)

· Merit Food Products Co., Ltd. (NongKhangKhok, Thailand)

Information Source:

https://www.fortunebusinessinsights.com/coconut-milk-market-105439

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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Paint Protection Film Market Share, Size, Analysis, Trends, Analysis, Price, Size, Outlook Forecast by 2028

The global paint protection film market size is expected to gain traction by reaching USD 697.1 million by 2028 while exhibiting a CAGR of 6.2% between 2021 and 2028. Fortune Business Insights, in its report titled “Paint Protection Film Market, 2021-2028.”, observes that the market stood at USD 432.6 million in 2020. Factors such as the increasing demand for the product across end-user industries and the growing adoption of protection films owing to their superior attributes will propel its adoption worldwide.

The negative effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been at a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.

Market Segmentation:

Based on type, the market is trifurcated into thermoplastic polyurethane, polyvinyl chloride, and others. Additionally, on the basis of application, the market is classified into automotive, electronics, aerospace and defense, and others. Finally, on the basis of region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

What does the Report Provide?

The market report includes an in-depth analysis of several factors such as the key drivers and restraints that will impact the market. In addition to this, the report furnishes significant insights into the regional analysis that includes different regions, contributing to the growth of the market. It further includes the competitive landscape involving the leading companies and adopting strategies by them to introduce new products, announce partnerships, collaborate, and acquire other companies that will contribute to the market growth during the forecast period. Moreover, the research analyst has adopted several research methodologies to obtain information about the current trends and industry developments that will drive the market growth between 2021 and 2028.

DRIVING FACTORS

Increasing Demand from End-User Industries to Aid Growth

In March 2021, Avery Dennison Graphics Solutions announced the launch of Avery Dennison Supreme Defense gloss, a next-generation gloss clear protection film. This film protects the vehicles against dings, stones, insects, and scrapes. The increasing demand from several industrial applications such as defense, electronics, and automotive is anticipated to boost the adoption of the product across the globe. Besides, the increasing demand for lower-emission through paints and coatings has propelled the manufacturers to develop eco-friendly variants of paints that will contribute to the global paint protection film market growth during the forecast period.

Further Report Findings:

· Asia Pacific stood at USD 196.0 million in 2020 and is expected to hold the largest global paint protection film market share in the forthcoming years. This is due to the presence of leading automotive manufacturers in countries such as India, Japan, and China.

· The market in North America is expected to experience significant growth backed by the rising number of manufacturing and end-user industries that will propel the demand for advanced protection films in the region between 2021 and 2028.

· Based on the end-user industry, the automotive segment held a market share of about 82.1% in 2020 and is expected to experience substantial growth in the forthcoming years. This is owing to the increasing sales of automotive worldwide that will favor the adoption of the product during the forecast period.

COMPETITIVE LANDSCAPE

Facility Expansion by Prominent Companies to Boost Production

The market is consolidated by the presence of major companies that are actively focused on the development of advanced paint protection films. These companies are expanding their facilities to surge the production rate on account of catering to the growing demand from end-user industries globally. Additionally, other key players are adopting strategies such as collaborations and partnerships that are likely to bode well for the market growth during the forecast period.

Industry Development:

· August 2019 – Eastman announced its plan to invest in the leading edge paint protection film technology. The company will adopt advanced 3D scanning technology to expand its database for PPF patterns.

List of the Companies Profiled in the Global Market:

· Eastman Performance Films LLC (Tennessee, US)

· 3M Company (Minnesota, US)

· XPEL, Inc. (Texas, US)

· Avery Dennison Corporation (California, US)

· LG Chem (Seoul, South Korea)

· KDX Composite Material (Maryland, US)

· Premier Protective Films International (California, US)

· Renolit (Worms, Germany)

· SWM, Inc. (Georgia, US)

· Other Key Players

Information Source:

https://www.fortunebusinessinsights.com/paint-protection-film-market-102936

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Airport Ground and Cargo Handling Services Market Explores New Growth Development, Price, Size, Outlook, Report, Global Demand and Outlook by 2028

The global airport ground and cargo handling services market size is projected to reach USD 25.27 billion in 2028. The rising incorporation of artificial intelligence (AI) in security systems is set to affect growth positively. Such systems would help in reducing check-in times. In November 2020, DUBZcollaborated with Emirates to provide home check-in services to passengers. It would help them to complete their baggage disinfection, home check-in, and PCR tests. This information is published by Fortune Business Insights™ in a new report, titled, “Airport Ground andCargo Handling Services Market, 2021-2028.” The report further states that the market stood at USD 19.20 billion in 2020. It is set to exhibit a CAGR of 7.0% in the forecast period between 2021-2028.

Airport Handling and Beta Trans Join Hands to Provide Cargo Services at MXP

In February 2021, Beta Trans and Airport Handlingpartnered up to supply a full range of cargo services to customers at Milan Malpensa Airport (MXP). Both companies will provide high-quality road feeder, warehousing, cargo handling, and safe ramp services. Such unique initiatives by prominent companies would spur the demand for airport ground and cargo handling services.

Rising Need to Minimize Active Fleet Size May Hinder Growth amidCOVID-19 Pandemic

The COVID-19 pandemic has compelled airport authorities to lower their variable costs by minimizing investments in airport services, delaying capital expenditures, addressing employment costs, and terminating infrastructure projects. The severe impact of the pandemic is therefore resulting in the restructuring of operational facilities to lower the overall expenses of airports. Numerous airlines are nowadays aiming to minimize costs by reducing the size of their active fleet. These factors are set to hamper the demand for ground and cargo handling services.

Report Coverage-

This research report containsaccurate information relatedto changes in material usage, new product launches, and technological advancements. It provides dynamics of thisindustry based on multiple factors, such as opportunities, challenges, drivers, and hindrances. At the same time, it will offer a complete insight from the supply side respondents related to market share, distribution, and size.

Drivers & Restraints-

Increasing Urbanization and High Demand for Domestic Flights to Aid Growth

Low-cost airlines are experiencing rapid growth in recent years because of the increasing economic activities and urbanization. Also, the surging ease of travel and expansion of travel & tourism across the globe would accelerate the airport ground and cargo handling services market growth in the near future. Additionally, the high demand for domestic flights and increasing affluence of the middle-class in emerging economies are likely to aid growth. However, ground handling equipment has a lifespan of around 6 to 9 years. This factor may restrain growth.

Segments-

Domestic Segment Held 51.17% Share in 2020 Fueled by Rising Air Traffic

By services, the market for airport ground &cargo handling servicesis segregated into passenger handling, baggage handling, cargo and mail handling, aircraft handling, ramp handling, and others.Based on the infrastructure type, it is divided into greenfield airports and brownfield airports. Below is a brief note on the airport type criterion:

· By Airport Type: The market is bifurcated into international and domestic. Out of these, the domestic segment earned 51.17% in terms of the market share in 2020. It is anticipated to retain its dominant position throughout the forthcoming years on account of the increasing air traffic in India and China.

Regional Insights-

Increasing International & Domestic Passengers to Favor Growth in Asia Pacific

· North America:In 2020, the region generated USD 5.43 billionin terms of revenue. The increasing expenditure on airport modernization and the presence of the highest number of airports would propel growth in the region. Coupled with this, the expansion of the aviation industry would spur the demand for airport ground and cargo handling services.

· Europe: The region would grow moderately backed by the surging investments in the aviation sector and rising number of air travelers in France, Germany, and the U.K.

· Asia Pacific: It would showcase the highest growth fueled by the increasing number of upcoming airport projects and rising number of domestic& international passengers. The Airports Authority of India (AAI), for instance, started the construction of a new greenfield airport in Arunachal Pradesh in December 2020.

Competitive Landscape-

Key Players Aim to Sign New Contracts to Offer Their In-house Arline Services

The global market is fragmented with numerous companies, such as Swissport International AG, Fraport AG, and Dnata. They are majorly focusing on delivering cost-effective services, such as catering, passenger handling, ramp handling, and baggage handling. Some of the others are trying to win new contracts from other companies to provide their services. Below are the two latest industry developments:

· November 2020:Lima Airport Partners (LAP) signed a USD 450 millionagreement for initiating an airside development programat Jorge Chávez International Airport in Peru.

· May 2018:ACCIONAsigned a new contract with AerolíneasArgentinasto cover every operation at Santiago de Chile airport.It would strengthen the company’s position in Chile and would broaden its airport business.

A list of reputed airport ground andcargo handling servicesproviders operating in the market:

· Dnata (The UAE)

· Menzies Aviation (Scotland)

· Çelebi Ground Handling (Turkey)

· Aviapartner Group (Belgium)

· Swissport International AG (Switzerland)

· Worldwide Flight Services (France)

· Fraport AG (Germany)

· Airport Associates (Iceland)

· Qatar Aviation Services (Qatar)

· AirPart GmbH (Germany)

· Havas Ground Handling Co. (Turkey)

· DAL Global Services, LLC (The U.S.)

Information Source:

https://www.fortunebusinessinsights.com/airport-ground-and-cargo-handling-services-market-105327

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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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North America and Europe Bioplastics Market Share, Size, Analysis, Trends, Opportunities, Segmentation, Development and Forecast by 2028

The North America and Europe bioplastics market is set to gain traction from their usage as a substitute to fossil-based plastics by several end-use industries, such as furniture, automotive, electronics, textile, and packaging. As per the Plastics Industry Association, in 2014, the bioplastics sector created around 32,000 jobs in the U.S. It can lower the amount of waste that is sent to landfills. Fortune Business Insights™published this information in a new report, titled, “North America and Europe Bioplastics Market, 2021-2028.” The report further states that the market size was USD 5,178.9 million in 2020 and is projected to reach USD 11,321.8 million by 2028, exhibiting a CAGR of 10.6% during the forecast period.

Novamont Acquires BioBag Groupto Increase its Geographic Reach

In January 2021, Novamont, a developer of bio-based products based in Italy, acquired a Norwegian provider of waste collection and packaging solutions called BioBag Group worth €30 million. This acquisition will help Novamont to broaden its geographical footprint to areas where it was not present before. The company aims to target retailers and debut organic waste composting & collection systems in communities. Such initiatives by various renowned companies would help thismarket to grow.

COVID-19 Impact-

High Demand from Medical and Food Industries to Spur Growth amidCOVID-19 Pandemic

Governments of various countries in North America and Europe hadimplemented strictrules and regulationson the usage of single-use plastics. But, they were postponed owing to the COVID-19 pandemic. It resulted in a reduction in the usage of bioplastics. However, food and medical sectors are set to contribute to high growth in the upcoming years because of the rising demand, which, in turn, is set to propel the North America and Europe bioplasticsindustry.

Report Coverage-

The report studies decisive segments of the market forNorth America and Europe bioplastics containing countries, end-users, types, and applications. It elaborates the performance and significance of each of the segments by considering sales volume, growth prospects, revenue share, and demand. In addition to this, it will help out clients to accurately determine the market size to guide them in choosing the right segment for their business growth.

Drivers & Restraints-

Ability to Provide High Opacity, Durability, and Rigidity willAid Growth

Plastic materials are considered to be an important part of the packaging industry as it provides numerous beneficial properties, such as durability, opacity or transparency, rigidity, and stiffness required to manufacture packaging products. As bioplastics are produced from renewable feedstock, they can be used to reduce the waste generated in the environmentby becoming an excellent substitute to traditional plastics. However, they need industrial composting plants and high temperatures to disintegrate. It may obstruct the North America and Europe bioplastics market growth in the near future.

Segmentation-

Rigid Packaging Segment to Grow Steadily Backed by High Demand from Beverages Industry

By type, thismarket is divided into biodegradable and non-biodegradable. Based on the application, it is segregated into rigid packaging, flexible packaging, and others. Amongst these, the rigid packaging segment procured 17.5%in terms of the North America and Europe bioplastics market share in 2020. This growth is attributable to the rising demand for trays, jars, and bottles from the pharmaceutical and beverages industries.

Regional Insights-

Europe to Lead;Governmental Norms to Reduce Plastic Wastes willAugment Growth

· Europe: The region generated USD 3,460.8 million in terms of revenue in 2020 and is expected to remain in the dominant position in the forthcoming years. The European Union has recently taken the decision of reducing wastes generated by further lowering the utilization of single-use plastics. It is expected to aid growth.

· North America: This region would grow significantly on account of the ongoing enhancements in the food service sector. Additionally, the expansion of the retail sector would accelerate regional growth.

Competitive Landscape-

Key CompaniesAim to Collaborate & Launch Novel Products to Intensify Competition

Companies present in the North America and Europe bioplastics industry are persistently striving to engage in collaborations, acquisitions, and new product developments to compete with their rivals. Total Corbion PLA, for instance, announced its plan to develop a second plant for producing polylactic acid in September 2020 in France.

Fortune Business Insights™ presents a list of prominent providers operating in the North America and Europe bioplastics industry. They are as follows:

· Novamont S.p.A. (Italy)

· Arkema S.A. (France)

· Matrìca S.p.A. (Italy)

· Solvay S.A. (Belgium)

· NatureWorks LLC (U.S.)

· Total Corbion PLA bv (Netherlands)

· Toray Industries, Inc. (Japan)

· LyondellBasell Industries Holdings B.V. (Netherlands)

· BASF SE (Germany)

· Braskem (Brazil)

Information Source:

https://www.fortunebusinessinsights.com/north-america-and-europe-bioplastics-market-105290

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Thermoplastic Elastomer Market Share, Size, Analysis, Trends, Analysis, Price, Size, Outlook Forecast by 2027

The global thermoplastic elastomer market size is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period

https://www.fortunebusinessinsights.com/thermoplastic-elastomer-tpe-market-104515

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Carbon Fiber Tape Market Explores New Growth Development, Price, Size, Outlook, Report, Global Demand and Outlook by 2027

The global carbon fiber tapes market size is expected to reach USD 4,855.6 million by 2027, exhibiting a CAGR of 13.4% during the forecast period. The growing utilization of carbon fiber in various industries due to its high tensile strength and electrical conductivity will spur opportunities for the market, states Fortune Business Insights, in a report, titled “Carbon Fiber Tapes Market Size, Share & Industry Analysis, By Form (Dry Tapes, and Prepreg Tapes), By Resin (Epoxy, Polyamide, Bismaleimide, Thermoplastic, and Others), By End-use (Aerospace & Defense, Automotive, Sports/Leisure, Building & Construction, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 1,918.6 million in 2019.

Information Source:

https://www.fortunebusinessinsights.com/carbon-fiber-tapes-market-104055

The coronavirus outbreak has affectednumerous industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

The Report Lists the Key Companies in the global market:

· Hexcel Corporation (U.S.)

· SABIC(Saudi Arabia)

· TEIJIN LIMITED (Japan)

· SGL Carbon(Germany)

· Royal DSM(Netherlands)

· Evonik(Germany)

· Solvay(Belgium)

· TORAY INDUSTRIES, INC. (Japan)

· Celanese Corporation (U.S.)

· Victrex plc. (UK)

· Cristex (UK)

· Eurocarbon (Netherlands)

· Other Key Players

The report on carbon fiber tapesmarket encompasses:

· Thoroughstudy of all the segments

· Present and Future projections

· Latest market trends

· Notable industry development

· Competitive Landscape

· COVID-19 Impact

Market Driver:

Heavy Demand for Carbon Fiber from Automotive Industry to Facilitate Growth

The growing use of carbon fiber (CF) in structural and semi-structural components of vehicles during automobile production will foster the healthy growth of the market. The increasing adoption ofcarbon fiber in automobile manufacturing will have a tremendous impact on the market. For instance, the BMW i3is produced using carbon-fiber-reinforced plastic. The ongoing research and development for efficient component production with carbon fiber will spur opportunities for the market. The cognizance about renewable carbon fiber and composites will escalate its adoption in the automotive industry. For instance, the lightweight property of carbon fiber leads to energy reductions and fuel savings. Besides, the increasing application of CF in hybrid vehicles will spur business opportunities for the global market.

Devastating Impact on Aviation Industry to Thwart Market During COVID-19

The aviation industry has witnessed a disturbing effect because of the coronavirus. The restriction in import and export activities has resulted in huge losses for the industry. The sudden drop in revenue and minimal production will limit carbon fiber supply across countries. However, the implementation of damage control strategies by major companies will help to curb the effects of coronavirus in the coming days.

Regional Analysis:

Flourishing Aerospace industry to Bolster Growth in North America

The market size in North America stood at USD 690.7 million in 2019 and is expected to grow rapidly during the forecast period owing to the presence of major players in the region. The booming aerospace & defense industry is expected to spur opportunities for the market in the region. The growing demand for carbon fiber in various end-use industries will further aid the expansion of the market in the region. Europe is expected to experiencea rapid growth rate during the forecast period owing to the well-established automotive industry. The growing shift from conventional metal parts to lower weight and high strength carbon fiber materials will create opportunities for the market in Europe.

Significant Development:

August 26, 2020: True Temper Sports, a leading manufacturer of golf shafts announced to sign a partnership agreement with Hexcel on its latest product line, the HZRDUS Smoke Black RDX. The HZRDUS Smoke Black RDX is the first golf shaft to use Hexcel’s new HexTow® HM54 carbon fiber, which is ideal for recreational applications.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:

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Caustic Soda Market Size, Share, Analysis, Trends, Opportunities, Segmentationand Foreseen by 2027

The global caustic soda market Price is set to gain momentum from its increasing usage as awater treatmentchemical. It can absorb water and carbon dioxide and surge its pH level. This information is given by Fortune Business Insights™ in a new report, titled, “Caustic Soda Market Size, Share &COVID-19 Impact Analysis, By Application (Organics, Alumina, Soaps, Water Treatment, Food, Inorganics, Paper & Pulp, and Others), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 44,959.2 million in 2020 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the forecast period.

COVID-19 Pandemic: Low Aircraft &Automobile Manufacturing to Obstruct Growth

The demand for caustic soda experienced a decline amid the COVID-19 pandemic. As it is extensively used in chemical, pulp & paper, and water treatment industries globally, shortage of workforce and stringent lockdown measures affected their usage. Also, a slowdown in aircraft and automobile manufacturing has hampered growth. Our detailed research reports will help you gain a complete insight into the industry for choosing the appropriate investment area.

What Does This Report Contain?

This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides market dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size.

Drivers & Restraints-

Increasing Demand from Building &Construction Industry to Aid Growth

The International Aluminum Institute declared that in 2020, the total alumina production was 131,910 thousand metric tons.Sodium hydroxideis considered to be a significant ingredient for alumina production. It is therefore mainly demanded by containers & packaging, transportation, and building & constructionindustries. Besides, the usage of hybrid cars is set to surge in the upcoming years because of their ability to enhance fuel economy. The metal can also reduce the weight of vehicles. These factors are set to propel the caustic soda market growth in the near future. However, caustic soda is highly corrosive which can cause severe damage to eyes. It may hinder growth.

Segment-

OrganicsSegment to Remain at the Forefront Stoked by Usage in Ceramics and Paints

Based on the application, the organics segment generated the largest caustic soda market share in 2020. This growth is attributable to the increasing usage of this inorganic sodain the manufacturing of ceramics, glass, and paints. It is also used in theproduction of cosmetics and fuel cells.

Regional Insights-

Rising Government Subsidies to Favor Growth in Asia Pacific

Geographically, Asia Pacific held USD 25,280.17 million in terms of revenue in 2020. The region would lead the market throughout the forthcoming years on account of the increasing consumer spending, interest rates, construction activities, and government subsidies. In 2020,Europe and North America procured more than 25% of the global market. In the U.S., prominent manufacturers have started inclining rapidly towards membrane technology from diaphragm or mercury cell process.

Competitive Landscape-

Key Players Focus on Acquisition Strategy to Gain a Competitive Edge

The global market is fragmented with the presence of a large number of prominent companies operating domestically and internationally. Most of them are striving to gain a competitive edge by acquiring local firms. Some of the others are increasing prices of sodium hydroxideto fulfil the high demand. Below are the two latest industry developments:

· March 2020:Brenntag acquired the distribution business of Suffolk Solutions, Inc. It will help the former to enhance its position in the Eastern U.S. and strengthen its supply chain.

· February 2020:OxyChem surged the price of caustic soda to $40/dst. Economic slowdowns in Europe and China have resulted in tremendous pressure on the price of this chemical compound. It has alsoincreased the demand from numerous sectors.

A list of all the renownedcaustic soda manufacturers operating in the global market:

· Olin Corporation (Clayton, Missouri, United States)

· Tata Chemicals Limited (India)

· Aditya Birla Chemicals (India) Limited (India)

· Gujarat Alkalies and Chemical Limited (India)

· Occidental Petroleum Corporation (OXY) (Houston, Texas, United States)

· Formosa Plastics Corporation (Taiwan)

· PPG Industries (Pittsburgh, Pennsylvania, United States)

· Xinjiang Zhongtai Chemical Co., Ltd. (China)

· Hanwha Chemical (South Korea)

· Brenntag North America, Inc. (North America)

· Other Key Players

Information Source:

https://www.fortunebusinessinsights.com/caustic-soda-market-104711

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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Laundry Detergent Market Share, Statistics, Trends and Increasing Number of Working Populations by 2027

The global liquid laundry detergent market statistics is predicted to reach USD 33.24 billion by 2027, exhibiting a CAGR of 5.8% during the forecast period. The rising shift from powder detergent to liquid detergent owing to its formula to remove tough stains in one wash will spur demand for the market, states Fortune Business Insights in a report, titled “Liquid Laundry Detergent Market Size, Share & Industry Analysis, By Application (Household, and Industrial & Institutional, {Laundry & Dry Cleaning Service, Hotel & Other Lodging, Healthcare, Textile Industry, and Others}), and Regional Forecast, 2020-2027” the market size stood at USD 21.25 billion in 2019.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Regional Analysis:

Rapid Urbanization to Augment Growth in Asia Pacific

The North America market size stood at USD 6.94 Billion in 2019 and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the surge in the hospitality and textile industries. The rising inclination towards a healthy lifestyle coupled with concerns regarding home care hygiene will accelerate the healthy growth of the market. The rising household spending will further influence growth in the region. Asia Pacific is predicted to dominate the market during the forecast period owing to the increasing product awareness in the emerging nations. The rapidly evolving industries in the developing countries such as India and China will have a tremendous impact on the market. The rapid urbanization and high demand for washing machines will create lucrative opportunities for the market in the foreseeable future.

Market Driver:

Heavy Demand for Automatic Washing Machines to Propel Market

The rising necessity for washing machines in the residential sector is a key factor driving the market. The growing demand for fully automatic washing machine owing to its user-friendliness and lowtime consumption time will subsequently aid the expansion of the market during the forecast period. The ability to both wash and whirl in fully automatic washing machines along with being eco-friendly will promote its use, which, in turn, will foster the growth of the market. The evolvement from semi-automatic to fully automatic washing machine owing to its capacity to offer efficient and stain removal operations will have a positive impact on the market. The growing popularity of automatic machines in the household and the residential sector will drive the market. Moreover, the increased spending on household accessories and machines will consequently boost the market in the foreseeable future. In addition, the introduction of innovative products by major brands will spur opportunities for the market in the forthcoming years. For instance, Kao Corporation a Japanese chemical and cosmetics company announced the launch of concentrated liquid laundry detergent "Attack ZERO.” The new concentrated liquid detergent is the first of Kao's exclusively designed product series formulated as its key ingredient.

Regional Analysis:

Rapid Urbanization to Augment Growth in Asia Pacific

The North America market size stood at USD 6.94 Billion in 2019 and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the surge in the hospitality and textile industries. The rising inclination towards a healthy lifestyle coupled with concerns regarding home care hygiene will accelerate the healthy growth of the market. The rising household spending will further influence growth in the region. Asia Pacific is predicted to dominate the market during the forecast period owing to the increasing product awareness in the emerging nations. The rapidly evolving industries in the developing countries such as India and China will have a tremendous impact on the market. The rapid urbanization and high demand for washing machines will create lucrative opportunities for the market in the foreseeable future.

Key Development:

September 2018: DuPont Industrial Biosciences, a leader in biotechnology introduced PREFERENZ, a detergent Line for liquid laundry. The company plans to enhance its enzyme portfolio to the next level by launching PREFERENZ P 300, including several PREFERENZ products, as well as EFFECTENZ and REVITALENZ.

The Report Lists the Main Companies in the Liquid Laundry Detergent Market:

· Procter & Gamble (U.S.)

· Unilever (U.K.)

· Lion Corporation (Japan)

· KAO CORPORATION (Japan)

· Henkel AG & Co. KGaA (Germany)

· Church & Dwight Co., Inc. (U.S.)

· Reckitt Benckiser Group plc (U.K.)

· Wipro Consumer Care and Lighting (India)

· Seventh Generation Inc. (U.S.)

· Guangzhou Blue Moon Industrial Co., Ltd. (China)

· Other Key Players

Information Source:

https://www.fortunebusinessinsights.com/liquid-laundry-detergent-market-102962

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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