How Will Paper Straw Market Be In The Future!

 The report "Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed, Non Printed), Straw Length , Straw Diameter, End use Application (Food Service, Institutional, Household), Region - Global Forecast to 2024" The paper straw market is projected to grow from USD 585 million in 2019 to USD 1,687 million by 2024, recording a CAGR of 23.6% during the forecast period. The rising demand for sustainable, single-use disposable products & solutions in various end-user industries, such as foodservice, institutional, and  household, and the increasing government reforms & campaigns to ban the use of plastics, are factors that are projected to drive the growth of the paper straw market across the globe. Moreover, the adoption & demand from consumers for the sustainable & environment-friendly straws boost the market further.

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Recent Developments

• In October 2019, Transcend Packaging (UK) acquired the assets of BioStraw Ltd. (UK), a paper straw manufacturer. BioStraw (UK) will transfer all its production assets to Transcend Packaging. Further, this strategic initiative will widen their customer base for their products and strengthen their marketing and manufacturing capabilities for paper straws.
• In May 2019, Hoffmaster Group, Inc. (US) acquired The Paper Straw Co (UK), a UK-based manufacturer of paper straws. Through this strategic acquisition, the company is projected to expand its operations in the European markets for paper straw products and increase its product portfolio for paper straws.
• In May 2019, Huhtamaki Oyj (Finland) set up a paper straw production unit in Northern Ireland. The production plant is located in Antrim town, near Belfast, in Northern Ireland. This expansion aims to expand the company’s paper-based product portfolio, such as paper straws.

• 

♦ Leading Key Players -

Hoffmaster Group, Inc. (US), Transcend Packaging Ltd. (UK), Huhtamaki Oyj (Finland), Footprint (US), Fuling Global Inc. (China), and Canada Brown Eco Products Ltd (China) are the key players operating in the paper straw market.

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5 Latest Developments In Industrial Floor Coating Market.

 The report "Industrial Floor Coating Market by Resin Type, Flooring Material (Concrete, Mortar, Terrazzo), Coating Component, Technology, End-use Sector (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2024" The global industrial floor coating market size is projected to grow from USD 5.5 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 4.6% from 2019 to 2024.

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Recent Developments

• In December 2019, AkzoNobel acquired Mauvilac Industries Limited (Africa), a manufacturer of paint and coating. This initiative includes the acquisition of Mauvilac Industries’ local manufacturing facility, four concept stores, and a strong distribution network. This strategic initiative is expected to strengthen AkzoNobel’s footprint in Sub-Saharan African markets.
• In October 2019, AkzoNobel introduced a new range of powder coating ‘Interpon Redox,’ which is an ideal solution for corrosion protection. This powder coating may be used to all array of surfaces, substrates, and environments (such as cable cars, window frames, wind turbines, and chemical plants).
• In July 2019, AkzoNobel invested USD 4 million (3 million Euros) in Changzhou powder coatings plant in China, with an aim to enhance its production facilities as well as supply chain. Furthermore, the company invested in adding three new production lines at the same plant in China.

On the basis of technology

• Water-borne
• Solvent-borne

On the basis of end-use sector

• Manufacturing
• Aviation & transportation
• Food processing
• Science & technology
• Others (car parks, hospitality, healthcare, and fire & public safety sectors)

On the basis of region:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

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Modular Construction Market worth $108.8 billion by 2025 (At a CAGR 5.75%)

 The report "Modular Construction Market by Type (Permanent, Relocatable), Material (Steel, Concrete, Wood), Modules, End-Use (Residential, Retail & Commercial, Education, Healthcare, Office, Hospitality), and Region - Global Forecast to 2025", The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a CAGR of 5.75% from 2020 to 2025. The growth of this market is attributed to increase in concern towards work-zone safety, need for lower environmental impacts, and supportive government initiatives. Increase in population and rapid urbanization (translating to a large number of new construction projects) offer opportunities for the growth of the modular construction market. However, factors such as lack of awareness and volatility in transportation charges may inhibit the growth of the market.

53 market data Tables
50 Figures
220 Pages

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In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.

Permanent modular buildings, by type, accounted for the largest market share in the modular construction market. Permanent modular construction saves time and labor which are required for construction, thereby reducing the construction cost significantly. It also offers high quality control in comparison to on-side construction. These factors drive the demand for this construction technique.

In terms of value and volume, steel is projected to be the fastest segment in the modular construction market from 2020 to 2025.

Steel, by material, is thefastest-growing segment for modular construction market from 2020 to 2025, in terms of value and volume. Steel frames are also lighter in comparison to other wall materials, which allows building structures created from them to be craned and transported into a place in a more efficient manner, resulting in less disturbance to the local area and reducing cost. It is also recyclable, and hence, buildings made from steel can be easily dismantled. It is one of the most popular materials for use in relocatable buildings used as commercial buildings, warehouses, and retail outlets.

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♦ Key Market Players

Key players, such as Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Kleusberg GmbH (Germany) have adopted various growth strategies, such as acquisitions, contracts, agreements, and new projects to increase their market shares and enhance their product portfolios.

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Rain Gutter Market worth $7.9 Billion by 2025 - Exclusive Report by MarketsandMarkets™

 According to the new market research report "Rain Gutter Market by Application (Residential, Commercial), Material Type (Aluminum, Steel, Vinyl, Fiberglass, Others), and Region (North America, Europe, Asia Pacific, MEA, South America) & region – Global Forecast to 2025", published by MarketsandMarkets™, the Rain Gutter Market size is estimated to be USD 7.0 billion in 2020 and projected to reach USD 7.9 billion by 2025, at a CAGR of 2.5%.

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Browse in-depth TOC on "Rain Gutter Market"

85 – Tables
44 – Figures
147 – Pages

Increasing repair and maintenance activities in developed regions couple with, coupled with growing construction industry, increasing demand for rainwater harvesting, are driving the demand for rain gutters. Moreover, the increasing consumer awareness about rainwater harvesting, increased damage due to hurricanes and excess rains; and growing health and f safety concerns across the globe play a key role in driving the growth of the rain gutter market.

The rain gutter market includes lesser Tier I and II suppliers like Gibraltar industries, and Lindab. However, there is a presence of majority local players due to the same the market is fragmented at regional level. These suppliers have their manufacturing facilities spread across various locations at regional levels. COVID-19 has impacted their businesses as well. Multiple small rain gutter manufacturers business has affected due to COVID-19. Industry experts believe that COVID-19 could affect construction industry by 20-30% globally in 2020. This also translates into a snowballing effect on the rain gutter market. This could lead to lower expenditure on replacement and new investments on external building structure and rain gutters along with slowing down the construction activity.

Higher need of housing construction and a greater number of individual houses built every year is expected to result in the residential segment occupying majority of the rain gutter market share.

The residential segment is expected to have the largest market share by value. This higher share is attributed to increasing housing construction and high demand for rainwater harvesting from residential applications.

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The fiberglass material segment is estimated to be the fastest growing material segment.

The fastest growth of fiberglass material is attributed to its various advantages over other materials such as high durability and negligible maintenance costs. The aluminium and steel materials are estimated to have the largest market share by value. Growth of this segment can be attributed to less/competitive pricing and durability.

Asia Pacific likely to emerge as the highest growing rain gutter market.

Asia pacific is forecasted to be highest growing market the high growth is attributed to the increasing construction activities in developing Asia Pacific countries such as, India, Indonesia, Thailand etc. Increasing hurricanes, high rainfalls and worst weather conditions are other factors driving demand for rain gutters in the region.

Lindab (Sweden), Gibraltar Industries Inc (US), KMEW Co. Ltd (Japan), Braas Monier Building Group (UK), Senox corporation (US) are the key players in the global rain gutter market.

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Precious Metals E-waste Recovery Market worth $11.8 billion by 2025

 The report “Precious Metals E-Waste Recovery Market by Source(Household Appliances, It & Telecommunication, Consumer Electronics), Metal (Copper, Gold, Silver), & Geography - Global Forecast to 2025"The precious metals e-waste recovery market is projected to grow from USD 9.4 billion in 2020 to USD 11.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. Growing investments in precious metals in emerging countries of Asia Pacific, demand from end-use industries and the necessity to treat e-waste before disposal are the key factors driving the growth of the precious metals e-waste recovery market.

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Recent Developments

• In October 2020, EnviroLeach Technologies Inc. announced a 100 MT per month waste printed circuit board feedstock agreement with an undisclosed European supplier. The undisclosed supplier is a major player in the electronic waste sector and has an extensive network of relationships across European and Asian markets. This development will help EnviroLeach Technologies to expand its geographic reach in European and Asian markets along with a steady supply of raw materials for precious metals recovery.
• In August 2020, Sims Lifecycle Services, an operating segment of Sims Limited, announced the opening of its Tampa Innovation Center in Florida, US, the construction of which began in March 2019. This site is dedicated to the increasing redeployment, reuse, and recyclability of waste electronic and IT equipment, including data center materials. This additional facility will help the company to work with its North American clients closely along with providing sustainable solutions for waste electronics.

Copper is expected to be the fastest-growing metal segment of the precious metals e-waste recovery market.

Based on metal, the copper segment is projected to grow at the highest CAGR from 2020 to 2025. Use of copper in building construction, power generation and transmission, electronic product manufacturing, and the production of industrial machinery and transportation vehicles is expected to increase consumption of copper during the forecast period. Copper wiring and plumbing are also integral to the appliances, heating and cooling systems, and telecommunications links used every day in homes and businesses resulting in an increased consumption during the forecast period. 

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• 

Household Appliances is expected to be the fastest-growing source segment in the precious metals e-waste recovery market.

Based on source, the household appliances segment is expected to grow at the highest CAGR from 2020 to 2025. Household appliances are electric and electromechanical devices which assist in homemaking and home functions such as cooking, cleaning and food preservation. Increasing population, urbanization and rising disposable income are projected to increase demand for electronic household appliances during the forecast period.

Some of the leading players operating in the precious metals e-waste recovery market include Johnson Matthey Plc (UK), Sims Limited (US), EnviroLeach Technologies Inc. (Canada), Umicore NV (Belgium), Materion Corporation (US), Boliden AB (Sweden), DOWA Holdings Co., Ltd. (Japan), Heraeus Holding GmbH (Germany), TES-AMM Pte. Ltd. (Singapore), Metallix Refining Inc. (US), and Tanaka Precious Metals (Japan) among others.

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Methanol Market worth $26.6 billion by 2025 - MarketsandMarkets

 [336 Pages Report] The Methanol market size is expected to grow at a CAGR of 5.5%, by value, during the forecast period. The market is estimated to be USD 20.4 billion in 2020 and is projected to reach USD 26.6 billion by 2025. Thedriving factors for Methanol market is its growing demand from automotive industry.

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COVID-19 Impact on the Methanol Market

The global Methanol market includes major Tier I and II suppliers like as Celanese Corporation (Texas), BASF SE (Germany), Methanex Corporation (Canada), SABIC (Saudi Arabia), PETRONAS (Malaysia), Mitsubishi Gas Chemical Company (Japan), and Mitsui & Co., Ltd. (Japan). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and Middle East & Africa. COVID-19 has impacted their businesses as well.

These players have announced the suspension of production due to the lowered demand, supply chain bottlenecks, and to protect the safety of their employees in the US, France, Germany, Italy, and Spain during the COVID-19 pandemic. As a result, the demand for methanol is expected to decline in 2020. Manufacturers are likely to adjust production to prevent bottlenecks and plan production according to demand from tier 1 manufacturers.

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Methanol : Market Dynamics:

Driver:Increasing demand for petrochmeicals in APAC

Methanol is used large-scale production of petrochemicals. The growth in petrochemicals demand in APAC is driving the methanol market. The use of petrochemicals in end-use industries such as automotive and construction is the main driving force for the methanol market. In the petrochemical industry, organic chemicals with the largest production volume are methanol, ethylene, propylene, butadiene, benzene, toluene, and xylenes. Ethylene, propylene, and butadiene, along with butylene, are collectively called olefins. Methanol is a forerunner to a variety of chemical products and is generally referred to as primary petrochemical. The production of olefins from methanol is coming as a major driver for the growth of methanol in the petrochemical industry. MTO/MTP is the third-largest and the fastest-growing derivative segment in the methanol market. Methanol-to-olefins and methanol-to-propylene (MTO/MTP) applications are gaining momentum. This usage is driven solely by China.

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Refrigerants Market Worth $30.8 Billion By 2025 - MarketsandMarkets

 The report "Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane), Application (Domestic, Industrial, Commercial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2025", The refrigerants market is projected to reach USD 30.8 billion by 2025, at a CAGR of 7.7%, from USD 21.3 billion in 2020.

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Browse 157 market data Tables and 63 Figures spread through 191 Pages and in-depth TOC on "Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane), Application (Domestic, Industrial, Commercial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2025"

Impact of COVID-19 on Refrigerants Market

The COVID-19 outbreak has impacted the global refrigerants market as demand for refrigerants from end-use applications declined for a short-term period at the beginning of 2020. Several industries witnessed setbacks in the first half of 2020, which led to a consequent decline in the demand for refrigerants. As a result, the refrigerant market is expected to witness negative growth in 2020. However, demand is expected to revive from 2021 onward and continue during the forecast period

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Market Dynamics

Driver: Growing Cold Chain Market

A cold chain is a supply chain that consists of a series of storage and distribution activities to maintain a particular temperature range. It comprises two segments – refrigerated transport that utilizes refrigerator trucks, cars, rail, and containers, among others, and surface storage that consists of refrigerated warehouses for storing perishable products. The food and pharmaceutical industries are the major end-users contributing to the increase in demand for the cold chain. 

Restraints: Stringent Regulations Against Fluorocarbon Refrigerants

Due to the severe damage that fluorocarbon refrigerants cause to the ozone layer, various governments and agencies are imposing regulations to limit their use. Several countries have agreed to phase out the use of HCFCs and HFCs by imposing limitations on their consumption through various protocols and regulations. These regulations restrict the growth of the fluorocarbon refrigerants market.

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Wind Turbine Composites Material Market (In Deapth Analysis of Covid19 Impact)

 Wind turbine composites are utilized in the manufacturing of wind turbine parts such as blades and nacelles, among others. The use of composites helps in the development of lightweight components with superior properties, in addition to other benefits such as low maintenance and long product life.

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Objectives of the Study -

• To define, describe, and forecast the wind turbine composite market size, in terms of value and volume
• To identify and segment the wind turbine composite market on the basis of resin type, fiber type, manufacturing process, application, and region
• To analyze significant region-specific market trends in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA), as well as country-specific trends in the U.S., Canada, Germany, France, the U.K., China, and South Korea
• To provide detailed information regarding major factors influencing the growth of the wind turbine composite market (drivers, restraints, opportunities, industry-specific challenges, and burning issues)
• To analyze recent market developments such as agreements, mergers & acquisitions, new product launches, and expansions in the wind turbine composite market
  

♦ Major Key Players –

• TPI Composites, Inc. (U.S.)
• MFG Wind (U.S.)
• LM Wind Power (Denmark)
• Gamesa Corporation Technology (Spain)
• AVIC Huiteng Windpower Equipment Co., Ltd. (China)
• Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd. (China)
• Vestas Wind Systems A/S (Denmark)
• Suzlon Energy Limited (India)
• Siemens AG (Germany)

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On the Basis of Manufacturing Process

• Vacuum Injection Molding
• Prepreg
• Hand Lay-up

On the Basis of Application

• Blades
• Nacelles
• Others (Towers and Hub)

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Oxygen-Free Copper Market by Grade, Product Form, End-Use Industry & Region - (Analysis of Covid19 Impact)

 The Oxygen-Free Copper Market is projected to grow from USD 14.82 Billion in 2016 to USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021.

By End Use Industry:

• Electronics & Electrical
• Transportation
• Others

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The objectives of this study are:

• To define, describe, and forecast the oxygen-free copper market based on grade, product form, end-use industry, and region
• To estimate and forecast the oxygen-free copper market size in terms of value and volume
• To provide a market share analysis of the major players in the oxygen-free copper market
• To estimate and forecast the market size of various segment based on grade, product form, and end-use industry in key regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America
• To identify and analyze the key drivers, restraints, and opportunities influencing the oxygen-free copper market
• To analyze region-specific trends in North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  

♦ Major Key Players –

Companies operating in the global oxygen-free copper market include Citizen Metalloys Limited (India), KGHM Polska MiedŸ S.A. (Poland), Luvata (U.K.), National Bronze & Metals, Inc. (U.S.), Sam Dong America (South Korea), SH Copper Products Co., Ltd. (Japan), Zhejiang Libo Holding Group Co., Ltd. (China), Mitsubishi Materials Corporation (Japan), Pan Pacific Copper Co., Ltd. (Japan), Watteredge LLC (the U.S.), Freeport-McMoRan Inc. (the U.S.), KME Germany GmbH & Co KG (Germany), Wieland-Werke AG (Germany), Cupori Oy (Finland), and Metrod Holdings Berhad (Malaysia).

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By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Country Analysis

• Value analysis of oxygen-free copper consumption in terms of capacity and type

The oxygen-free copper market is estimated at USD 14.82 Billion in 2016, and is projected to reach USD 18.35 Billion by 2021, at a CAGR of 4.4% from 2016 to 2021. With the increasing demand for high purity copper in the global electronics & electrical industry, the market for oxygen-free copper is also projected to grow.

The Cu-OF grade of the oxygen-free copper is estimated to lead the oxygen-free copper market in 2016, in terms of value. The large share of this segment can be attributed to the increase in the use of copper in the electronics and transportation industries in Asia-Pacific and North America.

Isoprene Market by Type, Application, End-Use Industry and Region (Analysis of Covid19 Impact)

 The report “Isoprene Market by Type (Polymer grade, Chemical grade), Application (Polyisoprene, Styrene isoprene styrene, Isobutyl isoprene rubber), End-Use Industry (Tires, Non-tires, Adhesives), and Region - Global Forecast to 2021”, Isoprene has properties similar to natural rubber such as flexibility and strength without odor, fragmentation, or allergic reaction, which drives its demand in tires, non-tires, adhesives, and other industries.

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The isoprene market was valued at USD 1.93 Billion in 2015, and is projected to reach USD 2.96 Billion by 2021, at a CAGR of 7.4%, during 2016 to 2021.

Browse 155 market data tables and 61 figures spread through 162 pages and in-depth TOC on “Isoprene Market by Type (Polymer grade, Chemical grade), Application (Polyisoprene, Styrene isoprene styrene, Isobutyl isoprene rubber), End-Use Industry (Tires, Non-tires, Adhesives), and Region - Global Forecast to 2021”

Market Dynamics

Drivers

• Growth in the synthetic rubber industry to increase the production of isoprene
• Demand for polyisoprene rubber in the medical sector

Restraints

• Regulations in the rubber manufacturing industry

Opportunities

• Developing countries in Asia- Pacific offer substantial growth opportunities
• Growing demand for improved performance and low rolling resistant tires providing growth opportunities for isoprene

Challenges

• Regional demand-supply gaps
• Crude oil price fluctuations

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Growth in the synthetic rubber industry to increase the production of isoprene

The growth of the isoprene industry is directly related to the growth of the synthetic rubber industry. Isoprene manufacturers are impacted by the trends in the tire industry and other related synthetic rubber products. The growth in the tire industry is, in turn, dependent on the automotive industry that is growing and projected to witness a global sales rise of 60% by 2020. The global rubber production has been increasing since 2000. The world’s rubber production in 2010 was 23,680 kilotons, which increased to 26,774 kilotons in 2015. This growth in rubber production is projected to continue in the coming years, which will increase the demand for isoprene. The leading isoprene manufactures are expanding their production capacities. For example, Nizhnekamskneftekhim, a top manufacturer in Russia, started a new production unit for isoprene feedstock that will allow the company to produce additional 15,000 tons of isoprene.