The global plastic compounding market size is set to gain traction from their increasing usage in the automotive and packaging industry. Besides, construction activities in emerging economies are increasing at a fast pace. In addition to that, ongoing technological advancements in the electrical and automotive industries would affect the market positively in the coming years. The demand for these products is also growing from the food and beverage industry as they help in reducing quality degradation and contamination.

As per the report, the global plastic compounding market size was USD 52.74 billion in 2018 is projected to reach USD 87.11 billion by 2026, exhibiting a CAGR of 6.5% during the forecast period from 2025-2032.

Automotive & Transportation Segment to Hold the Highest Share Backed by Extensive Usage of Compounded Plastics

In terms of application, the market is grouped into consumer goods/lifestyle, infrastructure & construction, industrial machinery, packaging, automotive & transportation, electrical & electronics, and others. Amongst these, the automotive and transportation segment is set to hold the largest plastic compounding market share during the forecast period. This growth is attributable to the increasing usage of compounded plastics in this industry. They lower the overall weight of the vehicle, which further increases the life and efficiency of the vehicle components. The infrastructure and construction segment held 14.6% share in 2018.

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Drivers & Restraints-

Increasing Number of Commercial & Residential Projects to Augment Growth

Nowadays, plastics are being used extensively in the insulation of infrastructures and buildings. Several products required for construction are made mainly by utilizing plastics. These include pipes, cables, doors, safety windows, and flooring. Compounded plastics possess numerous features that are similar to steel. They are resistant to harsh environmental conditions and rust, have robust strength, and are smooth in texture.

In today’s world, the population is growing at a rapid rate across the globe. It is, in turn, upsurging the number of residential and commercial projects. Coupled with this, the rising awareness programs about state-of-the-art interiors are growing amongst the consumers. These factors are set to augment the plastic compounding market growth during the forthcoming years. However, the prices of raw materials required to produce compounded plastics keep on fluctuating. It may obstruct the market growth.

List of the Companies Profiled in the Global Plastic Compounding Market are:

• LANXESS A.G.
• BASF SE
• PolyVisions
• Asahi Kasei Corporation
• Aurora Plastics LLC
• SABIC
• LyondellBasell
• Kingfa SCI. & TECH. CO., LTD.
• DuPont
• Celanese Corporation
• RTP Company
• Solvay S.A.
• KURARAY CO., LTD.
• Kraton Corporation
• Covestro AG
• Kraton Corporation
• MRC Polymers
• Adell Plastics
• Other Key Players

Regional Analysis-

Asia Pacific to Dominate Owing to High Demand for Low Emission Vehicles

Geographically, the market is divided into Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America. Amongst them, Asia Pacific is anticipated to generate the highest plastic compounding market revenue in the coming years. The majority of this growth would be contributed by China and India, mainly because of the rising demand for low emission vehicles. It is helping the automotive sector to expand. 

Asia Pacific is considered to be the largest producer of construction, automobiles, industrial machinery, electrical & electronics, and packaging materials. Coupled with this, the ongoing economic development and growing industrialization are set to impact the market positively in this region. The U.S. in North America previously held the largest share stoked by high demand for plastic compounding from healthcare & pharmaceutical, as well as electrical & electronics industries. The region procured USD 10.02 billion market share in 2018. In Europe, Germany is likely to be the main contributor of growth on account of the rising production of electric vehicles.

This Report Answers the Following Questions:

• What are the plastic compounding market trends?
• How many growth drivers and barriers will the market possess?
• Which organizations are set to remain on top in the market?
• What are the strategies adopted by industry giants to strengthen their position?
• Which segment is set to dominate the market during the forthcoming years?

Competitive Landscape-

Lanxess Inaugurates New Plant in China; LyondellBasell Acquires A. Schulman, Inc.

Reputed companies present in the market are either investing huge sums in building brand new plants or are engaging in the strategy of mergers and acquisitions to widen their geographic reach and product portfolio.

Below are a couple of the latest key industry developments:

• September 2019 : Lanxess Aktiengesellschaft, a specialty chemical company, based in Germany, inaugurated its new plastic plant in China. The facility will produce Pocan- and Durethan-branded high-quality plastics, mainly for the electrical and electronic industry, as well as the automotive sector.
• February 2018 : LyondellBasell Industries N.V., a multinational chemical company headquartered in the Netherlands, acquired A. Schulman, Inc., an American supplier of plastic compounding products based in the U.S. The total deal was worth USD 2.25 billion. It would help the former in broadening its geographic presence.

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The global physical vapor deposition market size was USD 27.10 billion in 2023 and is projected to grow from USD 29.41 billion in 2024 to USD 57.04 billion in 2032 at a CAGR of 8.6% during the forecast period 2024-2032. This information is published by Fortune Business Insights in its report, titled   “ Physical Vapor Deposition Market, 2025-2032.”  Physical vapor deposition (PVD) is a vacuum-based coating technique that enhances the surface properties of organic and inorganic substrates through processes like evaporation, transport, reaction, and deposition at the atomic level. It is eco-friendly and widely applied in electronics, automotive, medical, and other industries. Market growth is fueled by diverse applications and expansion activities of key players. For example, in April 2024, Oerlikon Balzers opened its first customer center in Vietnam, strengthening its presence in Asia’s growing market.

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List of the Companies Profiled in the Market:

• Advanced Energy Industries, Inc. (USA)
• Intevac (USA)
• Oerlikon Balzers (Switzerland)
• Impact Coatings AB (Sweden)
• AJA International, Inc. (USA)
• Dynavac (USA)
• Denton Vacuum (USA)
• Angstrom Engineering, Inc. (Canada)
• CHA Industries, Inc. (USA)
• IHI HAUZER Techno Coating B V (The Netherlands)
• The Kurt J Lesker Company (USA)
• Other Key Players

Market Segmentation

On the basis of category, the market is divided into PVD equipment, PVD material, and PVD services.

• Based on category, the PVD equipment segment held a global physical vapor deposition market share of about 59.5% in 2020 and is expected to showcase exponential growth during the forecast period. This is due to the increasing PVD adoption in several industrial applications such as medical, solar products, and data storage worldwide.

On the basis of application, the market is segmented into data storage, microelectronics, solar products, cutting tools, medical equipment, and others. Finally, based on region, the market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. 

What does the Report Provide?

The market report provides an in-depth analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and PORTER’s Five Point Analysis to obtain information about the current trends and industry developments that will drive the physical vapor deposition market growth in the forthcoming years.

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DRIVING FACTORS

Increasing Demand for Eco-friendly Coating Processes to Promote Growth

According to Eurostat, the industrial sector accounts for more than half of the total emissions in Europe. The rising concern over greenhouse emissions has propelled the demand for environmentally safe products. For instance, the physical vapor deposition process adopts eco-friendly products such as titanium nitride (TiN) and chromium nitride (CrN). These materials are coated on corrosion-resistant electroplating and further enhance the finish of the surface. In addition, they offer superior performance without the risk of environmental hazards. Therefore, owing to this, the high demand for eco-friendly coating processes across several industrial applications is expected to favor the growth of the market during the forecast period.

REGIONAL INSIGHTS

Asia-Pacific –   The region stood at USD 10.25 billion in 2020 and is expected to hold the highest position in the market during the forecast period. This is owing to the increasing consumption of medical equipment and solar products in countries such as China. Besides, the presence of eminent physical vapor deposition solution providers will favor regional growth during the forecast period.

North America –   The region is expected to experience significant growth owing to the well-established supply chain network and distributorship in the region. Moreover, the increasing adoption of the physical vapor deposition process in the manufacturing of solar panels and cutting tools will boost the growth of the market between 2021 and 2028.

COMPETITIVE LANDSCAPE

Major Companies Focus on Investment in R&D Activities to Brighten Their Market Prospects

The market comprises small, medium, and large companies that are striving to maintain a stronghold. The companies are investing in R&D activities to develop advanced physical vapor deposition solutions to cater to the growing demand from several industrial applications. Moreover, other key players are adopting organic and inorganic growth strategies that are likely to bode well for market growth.

Industry Development:

• April 2022:  Impact Coatings established a subsidiary in Shanghai, China, to increase the availability of coating solutions and services in the country.
• February 2021 : Dynavac announced a significant increase in capital investment, facility size, and workforce. The company focuses on competitive advantage based on growth in both the thin film and space simulation markets. These investments will allow them to keep up with the needs of their customers.

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The global flavors and fragrances market size was valued at USD 27.50 billion in 2023 and is projected to grow from USD 28.72 billion in 2024 to USD 42.27 billion by 2032, exhibiting a CAGR of 5.0% during the forecast period.   Fortune Business Insights™   publishes this information in a report titled,   " Flavors and Fragrances Market, 2025-2032" .

Flavors and fragrances are derived from lactones, acids, esters, ketones, alcohols, aldehydes, and essential oils like vanilla, citrus, castor, and musk. They can be natural (plant/animal-based) or synthetic (artificial esters blended with alcohol, glycerol, or propylene glycol). Flavors enhance taste in food and beverages such as bakery, snacks, dairy, sauces, and confectionery, while fragrances mask odors and are widely used in body care, oral care, and home care products.

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List of Key Players Profiled in   the   Flavors and Fragrances Market   Report :

• Givaudan (Switzerland)
• International Flavors and Fragrances (IFF) (U.S.)
• Symrise AG (Germany)
• Robertet Group (France)
• Kerry Group plc (Ireland)
• Sensient Technologies (U.S.)
• Firmenich SA (Switzerland)
• Takasago International Corp (Japan)
• Hasegawa Co., Ltd. (Japan)
• Mane (France)
• Archer Daniel Midland Company (U.S.)
• Solvay S.A. (Belgium)
• BASF (Germany)

Segments:

Flavors Segment to Lead the Market Due to its Unique Properties

By type, the market is bifurcated into flavors and fragrances. The flavors segment is further categorized into natural and synthetic. The fragrances segment is also divided into natural and synthetic.

Food & Beverage Sub-Segment to Dominate the Market

Based on type (cross application), the market is segregated into flavors used in the food & beverage sector for beverages, bakery, confectionery, dairy, and others. These flavors are also used in pharmaceuticals and other sectors. The fragrance segment is further classified into fine fragrances, cosmetics & personal care, home & floor care, and others.

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

Report Coverage:

The report sheds light on the current market state and recent developments in the market. The impact of COVID-19 pandemic on the market growth is highlighted in this report. Furthermore, the report sheds light on drivers and restraints affecting the market development and expansion during the forecast period. Also, a list of key market players is given, along with the regional insights on segmented market areas.

Drivers & Restraints:

Rising Development in Pharmaceuticals & Cosmetics Sector to Propel Growth

The market is expected to witness significant growth during the forecast period due to the developing regional and novel flavors and fragrances. Also, consumers' changing food preferences and tastes and the adoption of ready-to-eat food are anticipated to fuel the regional market growth. Furthermore, growth in the cosmetics and pharmaceuticals sectors is expected to drive market growth.

However, constantly changing prices in various products hamper market growth.

Regional Insights:

Europe Holds Dominant Market Share Due to Rising Demand from Food & Beverage Sector

Europe dominates the global flavors and fragrances market share due to the rising product demand from food & beverage manufacturers. The regional market stood at USD 8.16 billion in 2021.

Asia Pacific holds the second-largest global market share owing to the increasing demand for flavors and fragrances from various end-use industries.

Competitive Landscape:

New Product Launch Allows Key Market Players to Enhance their Product Portfolio

The key market players acquire various companies operating in the industry to improve their business performance. Also, rising investments in the adoption of technological advancements and R&D activities allow the leading market players to introduce new product ranges to the global market and increase business profitability.

Key Industry Development:

• March 2022:   Symrise submitted a binding offer to acquire R. Romani - Société Française d’Aromatiques (SFA Romani) and Neroli Invest DL (Groupe Neroli). Both companies are based in the Grasse area in France. With these transactions, Symrise intends to reinforce its fine fragrance presence in southern France, strengthen its competitiveness in creating fragrance compositions, and broaden its presence in key countries in Europe, Africa, and the Middle East.

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The global plastics market size was valued at USD 524.48 billion in 2024. The market is projected to grow from USD 533.59 billion in 2025 to USD 754.23 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.

According to the study, synthetic material has gained considerable traction due to easy manufacturing, lightweight, low cost, and versatility. Amidst depleting sources of polymers, recyclable products could gain considerable traction globally. Notably, healthcare & pharmaceutical, automotive, and packaging sectors will exhibit stellar demand for sustainable packaging solutions.

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Report Coverage

The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

Segments

Polyvinyl Chloride (PVC) to Gain Traction with Rising Demand for Resistance to Chemicals

In terms of type, the market is segregated into polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyurethane, polystyrene, and others. The polyvinyl chloride segment will account for a considerable share of the global market due to electric insulation and the demand for resistance to chemicals.

Packaging to Remain Dominant Due to Robust Demand from Food & Beverage Sector

With respect to end-use industry, the market is segregated into packaging, automotive & transportation, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceutical, electrical & electronics, textile, and others. The packaging segment will exhibit notable growth during the assessment period, largely due to rising demand from the food & beverage sector.

Drivers and Restraints

Expanding Footprint of Engineering Plastics to Propel Growth Potentials

The plastics market share will witness notable traction during the forecast period, largely due to better mechanical and thermal properties. Surging demand for better polymer solutions will encourage leading companies to expedite investments. Prominently, surging demand for metal substitution could play a pivotal role in boosting the material demand. Furthermore, the food industry is poised to be the major recipient of plastics that avoid contamination and minimize food quality degradation. Increased usage of the polymer in fashion, sports, and toy-making will bode well for the industry growth.

However, rigorous regulations implementing plastic reduction policies could impede the industry growth.

Regional Insights

Asia Pacific to Remain Stronghold with Soaring Demand for Consumer Goods

Stakeholders anticipate the Asia Pacific market forecast to be strong due to increased availability of raw materials. Robust growth in the construction and packaging sectors could foster growth across China, India, and Australia. Expanding footprint of sports goods, textiles, and toys will encourage leading companies to invest in the region.

Bullish demand from healthcare & pharmaceuticals and packaging industries in the U.S. will underpin the North America plastics market growth. Moreover, the automotive and transportation sectors could exhibit strong demand for synthetic materials. Amidst damages to the environment by polymers, recyclable plastics could be the trend reshaping the regional market.

The Middle East & Africa could emerge as favorable investment hubs for plastic manufacturers and suppliers. The robust outlook is primarily attributed to robust demand from the packaging and textile industries. The trend for lightweight packaging and the expanding application of polymers will muster the confidence of leading companies gearing to bolster their portfolios.

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Competitive Landscape

Major Players Prioritize Collaboration to Tap into Markets

Prominent players could inject funds into mergers & acquisitions, product rollouts, technological advancements and R&D activities. Besides, major companies could invest in innovations and product offerings in the ensuing period.

Key Industry Development

• January 2022 : Borealis joined hands with Reclay Group to keep up with the demand for recyclate material for use in high-end plastic applications.

Major Players Profiled in the Plastics Market Report:

• LyondellBasell Industries N.V. (Netherlands)
• ExxonMobil Chemical (U.S.)
• China National Petroleum Corporation (China)
• INEOS (U.K.)
• China Petroleum & Chemical Corporation (China)
• SABIC (Saudi Arabia)
• Ducor Petrochemicals (Netherlands)
• Reliance Industries Limited (India)
• Formosa Plastic Group (Taiwan)
• Total S.A. (France)
• Braskem (Brazil)
• BASF SE (Germany)
• Repsol (Spain)
• Borouge (UAE)
• Borealis AG (Austria)
• MOL Group (Hungary)
• Beaulieu International Group (Belgium)

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As the chemical industry moves into 2022, strong demand for both commodity and specialty chemicals should keep prices robust throughout the year. However, the industry could face margin pressures amid raw material cost inflation, which will likely remain high through the first half of 2022.

The global water and wastewater treatment market size was valued at USD 323.32 billion in 2023 and is projected to grow from USD 346.41 billion in 2024 to USD 617.81 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period. This information is presented by   Fortune Business Insights , in its report, titled,   “Water and Wastewater Treatment Market, 2025-2032.”

The global waterproofing membrane market size was valued at USD 30.74 billion in 2024. The market is projected to grow from USD 32.43 billion in 2025 to USD 47.71 billion by 2032 at a CAGR of 5.7% during the forecast period of 2025-2032. A waterproofing membrane is a protective layer designed to block water from penetrating and damaging structures. Widely used in construction, it safeguards buildings, roofs, foundations, and other surfaces against moisture infiltration. By acting as an impermeable barrier, it prevents water seepage in areas vulnerable to exposure. Growing emphasis on building safety, sustainability, and occupant health is expected to drive strong demand for high-performance waterproofing membranes.

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Segments-

Urgent Need to Protect Roofs from Rainwater will Drive the Roofing Segment 

Based on applications, the market is categorized into roofing, walls, building structures, landfills & tunnels, and others. Out of these, the roofing segment procured the largest waterproofing membrane market share in 2020. The rising need to protect roofs from atmospheric moisture and rainwater is set to accelerate this segment in the near future. Also, the increasing number of residential construction activities in Asia Pacific would contribute to this growth.

Report Coverage-

The report studies decisive segments of this market containing regions, end-users, technologies, 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 our clients to accurately determine the size of the waterproofing membrane industry to guide them in choosing the right segment for their business growth.

Drivers & Restraints-

Rising Demand for Residential Spaces in Developing Nations to Aid Growth

The high demand for residential spaces, especially in developing countries, on account of the surging population is expected to spur the demand for these membranes in the upcoming years. Also, governments of these countries are constantly taking initiatives to provide the Economically Weaker Section (EWS) with good housing. For instance, India’s Union Housing and Urban Affairs Ministry announced in January 2021 that it approved the construction of more than 168,000 houses under the Pradhan Mantri Awas Yojana (PMAY) in urban areas. However, these membranes contain solvents, diluents, and other additives that often release toxic fumes and VOCs. It may obstruct the waterproofing membrane market growth.

Regional Insights-

Increasing Population in Urban Areas to Spur Demand for Robust Infrastructure in Asia Pacific

• Asia Pacific held USD 10.56 billion in 2020 in terms of revenue. It is set to remain at the forefront because of the increasing demand for water treatment infrastructure as the population is rising in urban areas. 
• In Latin America, the surging investments by governments in infrastructural projects would bolster the demand for these membranes.
• The increasing number of construction activities is set to propel growth in North America. In June 2021, for instance, Ethos Development started constructing multi-family housing in Oregon, U.S. It is set to be a five-story building called brookLAND and contains 166 apartments. 

Competitive Landscape-

Key Companies Aim to Fulfil Unmet Demand by Introducing Novel Solutions

The global market houses several reputed manufacturers of waterproofing membrane that are currently striving to keep up with the high demand for the product from the expanding building and construction sector. Also, the emergence of green buildings is set to drive its demand. Some of the others are focusing on the acquisition strategy to compete with prominent firms. Below is one of the crucial industry developments:

Fortune Business Insights™ lists out the names of the renowned vendors of waterproofing membranes present in the global market:

• Sika AG (Switzerland)
• Tremco Incorporated (U.S.)
• BASF SE (Germany)
• Soprema Group (France)
• GCP Applied Technologies (U.S.)
• Fosroc, Inc. (India)
• Mapei S.p.A. (Italy)
• Carlisle Company Incorporated (U.S.)
• Johns Manville (U.S.)
• Elmich Singapore (Singapore)
• Other Players

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The Global Water Purifier Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Water Purifier Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Water Purifier Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global water purifier market size was valued at USD 35.01 billion in 2024. The market is projected to grow from USD 37.67 billion in 2025 to USD 62.88 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period.

List of the Key Players in the Water Purifier Market:

• A. O. Smith Corporation (U.S.)
• Brita LP (U.S.)
• Pentair PLC (U.S.)
• Culligan International Company (U.S.)
• Unilever PLC (U.K.)
• Panasonic Corporation (Japan)
• LG Electronics (South Korea)
• Helen of Troy Limited (U.S.)
• Best Water Technology Group (Austria)
• Kent RO Systems Ltd. (India)
• iSpring Water Systems LLC (U.S.)
• The 3M Company (U.S.)
• Honeywell International Inc. (Switzerland)
• General Electric Company (U.S.)

Segments

In terms of product type, the market is segmented into point-of-entry filters and point-of-use filters. The point-of-use filters are sub-segmented into counter top filters, under the counter filters, faucet-mounted filters, pitcher filters, and others.

Based on category, the market is segregated into gravity filters, UV filters, RO filters, and others.

On the basis of application, the market is segmented into light commercial and residential.

On the geographical front, the market covers Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America.

Report Coverage

The report offers a holistic view of the market size, share, volume, and revenue. It has also delved into Porters’ Five Force Analysis and SWOT analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. Primary interviews have been used to validate assumptions, findings, and the prevailing business scenarios. The report has also been prepared through secondary resources, such as annual reports, press releases, white papers and journals.

Drivers and Restraints

Smart Purification Trend to Propel Industry Growth

Well-established players are well poised to invest in smart purifiers through the integration of advanced technologies. Water purifier market share will gain traction from the demand for purifiers that can monitor usage and send alerts or notifications at the end of their maintenance cycle. The strong demand from emerging economies will encourage water purifier suppliers to invest in Asia Pacific and Latin America. With the demand to reduce weight and boost the immune system soaring, industry players will continue to invest in technological advancements.

Regional Insights

Heightened Awareness about Waterborne Diseases to Encourage Investment in Asia Pacific

With emerging economies witnessing a surge in waterborne disease, Asia Pacific is likely to provide lucrative growth opportunities. Stakeholders anticipate India and China to witness investments galore in water purification technology. The Asia Pacific market size stood at USD 10.88 billion in 2021 and will witness an upward trajectory with the growing penetration of residential and light commercial applications.

The Europe water purifier market growth will gain traction during the forecast period due to the presence of leading companies across Germany, the U.K., Italy, and France. An uptick in the use of tap water will further expedite the need for water purification systems.

Industry players expect the U.S. and Canada to witness profound investments in point-of-use filters for lighter applications. North America market outlook will be strong in the wake of the rising penetration of point-of-entry filters across residential and commercial applications. Water purification technologies, such as RO filters, will continue to receive an uptick across the region over the next few years.

Competitive Landscape

Leading Players Invest in Organic and Inorganic Strategies to Expand Footprint

Stakeholders are likely to invest in product launches, research and development activities, technological advancements, and mergers & acquisitions. Well-established players and new players could invest in innovations to gain a competitive edge. In doing so, investments in geographical expansion could be noticeable in the ensuing period.

Key Industry Development:

• November 2022 -  Culligan International merged with Waterlogic Group Holding to create ‘Culligan’, a leader in clean and sustainable drinking water solutions.

• August 2022:  LG Electronics launched its latest water purifier system, the PuriCare Self-Service Tankless Water Purifier, in the Malaysian market. The newly launched system comes with user-replaceable filters.

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The Global Water Purifier Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Water Purifier Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Water Purifier Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global water purifier market size was valued at USD 35.01 billion in 2024. The market is projected to grow from USD 37.67 billion in 2025 to USD 62.88 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period.

List of the Key Players in the Water Purifier Market:

• A. O. Smith Corporation (U.S.)
• Brita LP (U.S.)
• Pentair PLC (U.S.)
• Culligan International Company (U.S.)
• Unilever PLC (U.K.)
• Panasonic Corporation (Japan)
• LG Electronics (South Korea)
• Helen of Troy Limited (U.S.)
• Best Water Technology Group (Austria)
• Kent RO Systems Ltd. (India)
• iSpring Water Systems LLC (U.S.)
• The 3M Company (U.S.)
• Honeywell International Inc. (Switzerland)
• General Electric Company (U.S.)

Segments

In terms of product type, the market is segmented into point-of-entry filters and point-of-use filters. The point-of-use filters are sub-segmented into counter top filters, under the counter filters, faucet-mounted filters, pitcher filters, and others.

Based on category, the market is segregated into gravity filters, UV filters, RO filters, and others.

On the basis of application, the market is segmented into light commercial and residential.

On the geographical front, the market covers Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America.

Report Coverage

The report offers a holistic view of the market size, share, volume, and revenue. It has also delved into Porters’ Five Force Analysis and SWOT analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. Primary interviews have been used to validate assumptions, findings, and the prevailing business scenarios. The report has also been prepared through secondary resources, such as annual reports, press releases, white papers and journals.

Drivers and Restraints

Smart Purification Trend to Propel Industry Growth

Well-established players are well poised to invest in smart purifiers through the integration of advanced technologies. Water purifier market share will gain traction from the demand for purifiers that can monitor usage and send alerts or notifications at the end of their maintenance cycle. The strong demand from emerging economies will encourage water purifier suppliers to invest in Asia Pacific and Latin America. With the demand to reduce weight and boost the immune system soaring, industry players will continue to invest in technological advancements.

Regional Insights

Heightened Awareness about Waterborne Diseases to Encourage Investment in Asia Pacific

With emerging economies witnessing a surge in waterborne disease, Asia Pacific is likely to provide lucrative growth opportunities. Stakeholders anticipate India and China to witness investments galore in water purification technology. The Asia Pacific market size stood at USD 10.88 billion in 2021 and will witness an upward trajectory with the growing penetration of residential and light commercial applications.

The Europe water purifier market growth will gain traction during the forecast period due to the presence of leading companies across Germany, the U.K., Italy, and France. An uptick in the use of tap water will further expedite the need for water purification systems.

Industry players expect the U.S. and Canada to witness profound investments in point-of-use filters for lighter applications. North America market outlook will be strong in the wake of the rising penetration of point-of-entry filters across residential and commercial applications. Water purification technologies, such as RO filters, will continue to receive an uptick across the region over the next few years.

Competitive Landscape

Leading Players Invest in Organic and Inorganic Strategies to Expand Footprint

Stakeholders are likely to invest in product launches, research and development activities, technological advancements, and mergers & acquisitions. Well-established players and new players could invest in innovations to gain a competitive edge. In doing so, investments in geographical expansion could be noticeable in the ensuing period.

Key Industry Development:

• November 2022 -  Culligan International merged with Waterlogic Group Holding to create ‘Culligan’, a leader in clean and sustainable drinking water solutions.

• August 2022:  LG Electronics launched its latest water purifier system, the PuriCare Self-Service Tankless Water Purifier, in the Malaysian market. The newly launched system comes with user-replaceable filters.

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The global nylon market size was valued at USD 31.09 billion in 2023 and is projected to grow from USD 32.64 billion in 2024 to USD 48.86 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period. Polyamide, also known as nylon, is a versatile polymer used in various industries for its wide range of applications. It is produced through the polymerization of caprolactam or adipic acid & hexamethylene diamine. Companies in the industry, such as Invista, are investing in expanding their production capacities to meet the growing demand and enhance their manufacturing processes.

Nylon is a type of polymer that is produced by the reaction between carbon-based chemicals that are usually found in petroleum and coal under high pressure. It is widely adopted to manufacture plastic machine parts and electronics owing to its high tensile strength, non-conductivity, heat resistance, and low-cost properties. Additionally, it is used for manufacturing bolts, screws, nuts, and washers in the automotive industry across the globe.

Fortune Business Insights presents this information in their report titled "Global Nylon Market, 2025–2032."

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Segments:

Versatility of Nylon 6 Fibers in Textile Applications Spur’s Market Growth

By type, the market is segmented into Nylon 6 (resin, fiber) and Nylon 6,6 (resin, fiber). Nylon 6 fibers dominate the global market for their strong adoption in the textile industry, offering excellent mechanical strength and wear resistance for various webbing products.

Automotive Sector's Strong Demand for Resins and Fibers Propel Segmental Growth

By application, the market is segregated into automotive, electrical & electronics, appliances, film & coatings, wire & cables, consumer, industrial & machinery, and others.
The automotive segment held the largest nylon market share in 2022, driven by the extensive use of polyamide resin and fibers in various automobile applications such as airbags, injection molded components, and tire cords. From the regional ground, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:
The research report presents a comprehensive market examination, emphasizing crucial elements, including the competitive environment, distribution channels, and prominent product categories. Furthermore, the report provides valuable observations on market trends and significant industry advancements. Apart from the aforementioned factors, the report encompasses numerous variables that have bolstered market expansion in recent times.

Drivers and Restraints:

Polyamide's Versatility and Performance Drive its Adoption in the Automotive Industry

The automotive industry extensively utilizes polyamide due to its favorable properties such as workability, strength, and toughness. It can be easily molded and extruded to manufacture various auto parts, and its high-temperature and chemical resistance make it suitable for harsh environments. The lightweight nature of polyamide components improves the efficiency of conventional vehicles, which aligns with the growing emphasis on fuel economy and environmental concerns.

However, the nylon market growth may be stifled by stringent regulations aimed at reducing harmful impacts to the environment.

Regional Insights:

Asia Pacific Emerges as Dominant Market Fueled by Automotive and Packaging Industries

Asia Pacific is expected to remain the dominant market for polyamide, driven by the growing demand in automotive and packaging applications, especially in emerging economies such as China and India.

North America, a major producer of polyamide, is primarily driven by the automotive industry, with the U.S. experiencing a significant growth in electric vehicle sales, expected to continue in the projected timeframe.

Competitive Landscape:

Industry Players Expand Production Capacities amidst Changing Geopolitical Dynamics and Trade Policies

The global market is currently facing an oversupply situation due to the abundance of installed capacities, prompting key industry players to expand their production capabilities. However, the market growth is hindered by price volatility, which can be partially mitigated through pricing contracts with customers, and by the impact of changing geopolitical dynamics and trade policies on the supply chain.

List of the Companies Profiled in the Market:

• DuPont (U.S.)
• BASF SE (Germany)
• Lanxess AG (Germany)
• Nylon Corporation of America, Inc. (NYCOA) (U.S.)
• Shenma Industrial (China)
• Ascend (Thailand)
• Domo Chemicals (Belgium)
• Radici Partecipazioni SpA (Italy)
• Invista (U.S.)
• DSM (The Netherlands)
• Formosa Group (Taiwan)
• SINOPEC (China)
• Ube Industries (Japan)
• LIBOLON (Japan)
• ZIG SHENG INDUSTRIAL CO., LTD. (Taiwan)
• Other

Industry Development:

• April 2023:  Microwave Chemical and Asahi Kasei together launched a demonstration project for the commercialization of the chemical recycling process for Nylon 66 using microwave technology.
• April 2023:  Tire and nylon manufacturing company Kordsa announced to invest USD 50 million for the expansion of its nylon production at its Chattanooga plant. The move is anticipated to enable the company to meet the rising demand from the automotive industry.

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The global concrete blocks and bricks market size was valued at USD 350.80 billion in 2021. The market is projected to grow from USD 369.66 billion in 2022 to USD 566.41 billion by 2029, exhibiting a CAGR of 6.3% during the forecast period. Concrete blocks and bricks are used in commercial, residential, and industrial construction. The product offers thermal resistance and other various advantages if certain parameters are followed.   Fortune Business Insights   presents this information in its report titled   “ Concrete Blocks and Bricks Market, 2025-2032."

Concrete blocks and bricks are widely used in residential, commercial, and industrial construction due to their thermal resistance, durability, and cost-effectiveness. They enable faster, stronger, and more systematic construction compared to plasterboard walls and are also used for fireplaces, chimneys, and non-bearing walls, offering high compressive strength and eco-friendly benefits.

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Segments:

By Type, Cement Blocks to Gain Demand through 2029

On the basis of type, the market is segmented into cement block (hollow, fully solid, cellular) and brick (clay, fly ash clay, sand lime and others). Bricks are the oldest construction material and they are cheaper compared to other bricks. Fly ash clay bricks are highly improved, well quality bricks that are preferred over normal clay bricks. Concrete blocks are versatile and due to their wide variety of appearance, they are used heavily. These blocks are also called as Concrete Masonry Unit (CMU) or cinder blocks. Concrete blocks do not absorb heat so they require less insulation compared to other construction materials.

By Application,   Residential   Segment to Gain Traction over 2022-2029

In terms of application, the market is divided into residential, commercial, and institutional. Out of these, the residential segment is expected to grow. With increasing population, demand for renovation in urban areas and people opting to have nuclear families are likely to grow the market share. Additionally, governments worldwide have developed programs that are aimed at designing and building using resources that align with the concept of green construction.

Report Coverage:

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• Latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints :

Expansion of the Market due to Wider Concrete Blocks and Bricks Applications

The concrete blocks and bricks market growth is primarily driven by autoclaved aerated blocks and bricks. The blocks and bricks provide aesthetic appeal and strong architectural structure. The demand for autoclaved aerated blocks has increased significantly worldwide due to modular design. In modular building, the sections are assembled on site and built offsite. This fast pace approach increases the demand for the product.

However, manufacturing these products emits toxic gases. Most concrete blocks are manufactured out of Portland cement, which results in massive amount of carbon dioxide (CO2) emission, further resulting in soil, water, and air pollution.

Regional Insights :

Asia Pacific Registered Highest Market Share in 2021 due to Growing Infrastructure and Rising Population

The Asia Pacific market grew exponentially due to rise in population and growing infrastructure. China and India are the most populous in this region. Demand for apartments, bungalows, and buildings is pushing forward the market growth. Therefore, this results in the rising number of manufacturers of construction materials such as cement blocks and bricks.

North America accounted for a significant concrete blocks and bricks market share. Countries in the U.S. have greater per capita income. This leads to pressure on manufacturers to provide high-quality construction materials.

Competitive Landscape:

Leading Players Developing Newer Technologies to Stay Competitive

Constant R&D activities and providing improved material to industry keep the major players to stay relevant and dominate the market. This also keeps a leading edge over other companies to their different offerings and improved proprietary types. Brickworks Limited, Midwest Block, and Brick and Monaprest are some of the leading concrete blocks and bricks companies.

Key Industry Development:

• April 2022   - Brickworks Limited announced that the group would establish its presence in North Queensland. The group decided to extend its manufacturing and distribution operation to maximize revenue.
• January 2022   - CEMEX, S.A.B. de C.V. announced it agreed with the U.K.-based company Breedon Group plc to sell certain assets. This kind of agreement is expected to boost the market’s revenue.

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